Edtech SME bridges uni/work gap
Media release | 17 May 2017
Sydney education technology (Edtech) company, Intersective, has developed innovative cloud technology to deliver workplace learning programs to help tertiary students prepare for the workforce.
Deputy Premier and Minister for Small Business and Skills, John Barilaro, said the Edtech had advanced from startup to fast growing company over the past three years thanks to a pipeline of assistance from NSW Government backed Jobs for NSW.
“Intersective is working with some of Australia’s biggest Universities and companies to design, build and deliver workplace learning programs with software designed to support workplace learning for thousands of students at a time,” Mr Barilaro said.
“The technology delivers experiential learning on a massive scale, helping students and mentors collaborate on work-integrated learning experiences such as business projects, internships, competitions and workplace learning and development.
“Over the past three years the company has grown from a staff of two to 25 and is on track for revenue growth of 250 per cent in the current financial year.
“The NSW Government has backed this company with total funding of $415,000 from Jobs for NSW through its Minimum Viable Product (MVP), Building Partnerships (BP) and Accelerating Growth Loan (AGL) programs.
“Intersective is a fantastic example of how our investment in innovative technology startups can create jobs for the future and position NSW at the leading edge of EdTech.”
Intersective’s ‘Practera’ software is now being used in more than 15 countries around the world including the USA, China, Singapore, Malaysia, Vietnam, Germany and New Zealand, and the company plans to expand more over the next 18 months.”
Intersective co-founders Beau Leese and Wes Sonnenreich set up the business to ensure students had access to real work experience before they graduate.
“Our technology aims to help make job ready skills more accessible to students, employees and employers with a platform that connects all the relevant stakeholders,” Mr Leese said.
CSIRO Business Analyst, Siyu Wu, participated in an innovation accelerator program delivered by Intersective while completing a Master’s Degree in Commerce at Sydney University and said it was vital in securing a “great job” at Australia’s leading science research institution.
“Initially, the program linked me with industry mentors from Deloitte, which helped me understand what a real innovation project in the workplace looks like, and really improved my employability. The experience helped me secure an internship at CSIRO which became a fulltime paid job as a business analyst, and now I am a Senior Advisor, Global Strategy.”
Download the media release.