JESI Management Systems

Investing in mobile employee safety

 

Challenge

The company is commercialising a novel software platform to enhance employee safety when travelling. It enables an organisation to control the risks associated with a mobile workforce.

Further investment was needed to facilitate the commercial release.

Early engagement with major ASX-listed companies as well as small and medium organisations was promising but further work was required to create a viable company.

Read more case studies

Solution

 

  • JESI’s board and management engaged IIG to advise on a suitable investment process, including how to prepare pitch documentation.
  • IIG facilitated investor engagement activities, including extensive discussions with both existing and potential future investors.
  • IIG reviewed JESI’s corporate governance structures, including shareholder agreements and the company constitution.
  • IIG also provided support to establish an advisory board.
Outcomes

 

  • IIG’s Brian Ruddle was engaged to chair the advisory board.
  • Additional investment of $300,000 was followed by investment from a VC firm.
  • The company has obtained the necessary investment required for further product development and market expansion activities in Australia and the USA.
  • JESI is the first regional company funded by Advance Queensland Business Development Fund, securing $500,000 along with another $500,000 from Future Now Ventures.

Start-up companies we have worked with:

The Impact Innovation Group provides the corporate rigour that many of our early stage ventures require. They provide the timely, on-demand inputs that assist us to achieve our capital raising and licensing objectives.

Dr Dean Moss CEO
UniQuest Pty Limited
The Targeted Innovation Management System delivered outstanding innovations that have been simple to implement, while enhancing our bottom-line.

Ryan Clerihew NuChem Pty Ltd
The ongoing support of the Impact Innovation Group in engaging with industry across a range of robotic, motion sensor and nano technologies has greatly enhanced our commercialisation efforts.

Gary Heyden Former Director of Deakin Research Commercial
The Impact Innovation Group’s structured approach to innovation greatly assisted our grant application with Commercialisation Australia as well as the ongoing implementation of our business strategy.

Clint Ramsay Director of NeoRehab Pty Ltd
As an investor, your approach to identifying ideas to ‘bypass bottlenecks’ is a refreshing change.

Peter Riikonen Director of BioHerbicides Australia Pty Ltd
Brian was a guest speaker at one of our client events. His presentation resonated with our audience and attracted a very high satisfaction rating when we polled guests afterwards, especially for his delivery style and solid grounding in the topic of maximising the return on innovation investment.

Ross Patane Managing Partner, Crowe Horwath Australia

Email enquiry
Brisbane + 61 (0)7 3041 1128
Sydney + 61 (0)2 8078 6934
Melbourne + 61 (0)3 8618 6998
Adelaide + 61 (0)8 8180 0610
Xiamen + 86 151 600 60 660