BIKE TUNING GADGET TAKES OUT 4TH NATIONAL SPORTS TECH PITCHING COMPETITION


AWARD WINNERS FOR 2015

CATEGORY ORGANISATION
Winner
National Sports Tech Investment Pitching Competition
ShockWiz by Dusty Dynamics
http://www.shockwiz.com/
Runners-up
National Sports Tech Investment Pitching Competition
Rosterfy
http://rosterfy.co/
ACT Government
New Innovator’s Award
Sponserve
http://www.sponserve.net/
ACT Government
Business Excellence Award
OnTheGo Sports
https://www.onthegosports.com.au/


Hosted by the
Australian Sports Technologies Network (ASTN) the pitching competition provides a pathway for sports tech entrepreneurs improve the commercialisation of their early-stage projects via access to investment pitching education and training, guidance and mentorship from industry expertise and potentially the opportunity to pitch to investors.An innovative electronic gadget that automatically creates tuning recommendations for your bike suspension while you ride
has taken out Australia’s 4th annual Sports Technologies Investment Pitching Competition. The gadget called ShockWiz was developed by mechatronics engineer Nigel Wade from Dusty Dynamics based in Western Australia.

“ShockWiz is a small, lightweight and unobtrusive gadget that attaches to either a fork or shock.” said Mr Wade.

“It performs thousands of calculations to analyse the dynamic response of the bike and finds anything undesirable with the set-up. It then informs the rider how to change the set-up via a smart phone, so the bike can be optimally tuned for them, and they can get on with enjoying the ride”.

ShockWiz completed a successful Kickstarter campaign in July 2015, reaching nearly 150% of its funding target. After a fantastic response from mountain bikers around the world, ShockWiz now in development phase in order to fine tune and finalise the current prototype. Fulfilment of the 500+ pre-orders is expected around March 2016.

Sponsored by the Australian Sports Commission and the ASTN itself, prizes were awarded to the two entries with the most commercial potential. Dusty Dynamics with ShockWiz took home the top prize of $10,000 cash and 6 months mentoring.

Runners-up, taking home $5,000 cash and 6 mentoring, were Bennett Merriman and Shannan Gove from Rosterfy. Rosterfy is a volunteer staff rostering, accreditation and training platform mainly focused on large scale sports events. The platform was created to address their own staff rostering issues in managing their events staffing business Event Workforce. Rosterfy is now being licensed to event organisers with one of their flagships clients being global obstacle racing event Tough Mudder.

This year’s award ceremony was part of the ASTN’s Inaugural Sports Technology Showcase held at the AIS Arena in Canberra in November. Supported by the ACT Government, two additional awards were added to this year’s competition to acknowledge achievements by ACT-based sports technology businesses.

Winner of the ACT New Innovator’s Category was Sponserve. Developed by a team with extensive experience in securing and managing sports sponsorship, SponServe provides sponsorship professionals with a cloud-based platform from which to manage their sponsorship programs. It provides visibility on available inventory, values of sponsorship agreements, single button delivery reporting and agreement acquittal management. Launched in April 2015, Sponserve is already achieving excellent traction and uptake across the Australian sports system including within the NRL, A-League, national sporting organisations and grass roots clubs.

The ACT Business Excellence Category was awarded to OnTheGo Sports, a customised performance wear business founded by Mick Spencer. The award recognised the business’s approach to innovation, collaboration, strength of the team and application of technologies to customise and build scale in performance wear.  

Each of the Category winners described the inspiration behind their innovations at the Inaugural Sports Technology Showcase Executive Lunch in front of around 130 delegates. The lunch also featured keynotes and expert panel contributions from Populous (one of the world’s leading sports architecture firms, Fusion Sports and IMG Sports Technology Group (now One Sport Technology).