Enterprize

What Enterprize does

Enterprize Tasmania Ltd is a registered Australian charity founded in 2016 that operates as Tasmania's dedicated startup support organization. It provides world-class education, mentoring, events, and physical workspaces to founders of innovative, high-growth-potential businesses, with operational hubs in Hobart (Level 5, City of Hobart Building, Davey Street) and Launceston (Macquarie House, Civic Square), plus regional expansion into the Cradle Coast. The portfolio comprises four sequenced programs — Enterprize Activate (free on-demand ideation), Enterprize Elevate (15-week incubator), Enterprize Spark (curriculum-aligned teaching package for educators), and Enterprize Evolve (lean startup frameworks for Tasmanian SMEs) — alongside the legacy Born Global Incubator and Demo Days.

The core service offerings are workspace memberships (hotdesks at AUD $250/month, dedicated desks at AUD $340/month, private offices from AUD $655/month, day passes at AUD $55) and venue hire in both Hobart and Launceston CBD locations (AUD $80-$100/hour, AUD $500/day). Programs themselves are free to participants, funded through grants. Since inception, Enterprize reports 99 startups launched, 290+ founders educated in lean startup tools, 500+ students taught entrepreneurship, 35,500+ event attendees, and 230+ daily hub users across Tasmania.

The business model rests on three revenue streams: (1) recurring workspace rental subscriptions; (2) event-based venue hire from corporate and government clients such as Aurora Energy, AWS, CSIRO, City of Hobart, and TasWater; and (3) significant grant funding from the Australian Government and Tasmanian Government, with cumulative disclosed grants exceeding AUD $2.7M across 2017-2023. The organization is governed by a board chaired by the Tasmanian Government's Coordinator-General, with directors drawn from government, Innovation Bay, Bitlink, and the local startup ecosystem.

Name

Enterprize

Legal name

Enterprize Tasmania Ltd

Website

https://enterprize.space

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Enterprize is a Tasmanian startup support organization operating co-working hubs, incubator programs, and free education courses for founders, SMEs, educators, and students across Hobart and Launceston.

Ownership category

akta.pro rank

Product category

Startup Incubation Services

NAICS

Professional and Management Development Training (611430), All Other Schools and Instruction (61169), Educational Services (611)

SIC

Services-Educational Services (8200), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Entrepreneurship, Startup Incubation & Pitch Programs (EDAMAKAK)

akta.pro secondary industries

Entrepreneurship Foundations & Startup Basics (EDAMAHAA), Entrepreneurship & Small Business Workforce Programs (EDAAAOAM), Online/Hybrid Lifelong Learning Platforms & Open Enrollment Programs (EDAAAEAL)

Keywords

• Startup incubation programs
• Coworking space memberships
• Entrepreneurship education programs
• Business accelerator services
• Event venue hire

Headquarters

HQ city

Hobart

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Workspace rental (hotdesks, dedicated desks, private offices): Recurring monthly revenue from flexible workspace memberships. Hotdesks at $250/month, dedicated desks at $340/month, private offices from $500-$655/month. Day passes at $55/day provide transient revenue.
2. Venue hire: Hourly and daily rental of event spaces at Hobart and Launceston locations. Hobart venue: $80/hour during office hours, $100/hour after hours, $500/day rate. Launceston venue: similar hourly/day-rate structure. Generates non-recurring event-based revenue.
3. Government grants and partnerships: Enterprize receives significant grant funding from Australian Government and Tasmanian Government for programs including incubator support, hub improvements, and regional expansion. Grants cited include $729,081 (incubator programs), $747,500 (Evolve program), $700,000 (North-West Coast expansion), $412,000 (hub improvements).

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Enterprize is Tasmania's startup support organization that provides structured entrepreneurship education programs, collaborative coworking spaces, and event venue hire to founders, SMEs, educators and corporate clients. Its core offerings include a 15-week startup incubator (Elevate), free on-demand programs (Activate, Evolve, Spark), the Born Global Incubator, monthly coworking memberships in Hobart and Launceston, and hourly venue hire for events. Programs are delivered through the learn.enterprize.space online platform and in-person at two physical innovation hubs.

Product overview

Enterprize is Tasmania's startup space offering a portfolio of programs and services to support entrepreneurs and innovative businesses. The core offerings include four main programs: Enterprize Elevate (15-week startup incubator), Enterprize Spark (digital teaching package for schools), Enterprize Activate (free on-demand startup program), and Enterprize Evolve (free program for SMEs). Additionally, Enterprize operates collaborative coworking workspaces in Hobart and Launceston with various membership tiers, and provides venue hire services for events. The Born Global Incubator is another key program that has graduated multiple cohorts of startups.

Differentiator

Problem solved

Functional benefit

Brands

• Enterprize Elevate: 15-week founder-focused startup incubator
• Enterprize Spark
• Enterprize Activate
• Enterprize Evolve
• Born Global Incubator

Products and services

• Enterprize Elevate A 15-week founder-focused startup incubator offering twice weekly deep dive sessions, mentorship, and industry-leading guest presenters for founders ready to launch their startups, accepting founders from across Australia.
• Enterprize Spark A comprehensive free digital teaching and learning package for teachers providing curriculum-aligned modules and resources that inspire creativity and foster an entrepreneurial mindset in students, with flexible delivery and interschool showcase events.
• Enterprize Activate A free on-demand startup program consisting of seven self-paced modules covering ideation, lean startup principles, design thinking, and startup concept validation for individuals curious about starting a business; prerequisite for the Elevate incubator.
• Enterprize Evolve A free, self-paced program for Tasmanian SMEs built around lean startup frameworks, offering nine online modules with two free consolidation sessions and networking events to bring startup energy to traditional businesses.
• Born Global Incubator A multi-cohort startup incubator program that has graduated startups across technology, education technology, healthcare, real estate and social impact sectors.
• Collaborative Workspaces

Quantifiable outcome

• 99 startups launched through incubator programs
• +4 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered flagship, core and minor.

• Tasmanian GovernmentflagshipStrategic or Co-development Partner · 1 January 2016Founding partner and primary government supporter. Provides ongoing grant funding for incubator programs, hub improvements, and regional expansion. The Launceston and Hobart Innovation Hubs are supported by the Tasmanian Government through the Department of State Growth. Coordinated through the Department of State Growth.
• City of HobartcoreStrategic or Co-development PartnerHost organization providing office space in the City of Hobart building on Davey Street. Supports Enterprize as a key partner in the Hobart startup ecosystem.
• City of LauncestoncoreStrategic or Co-development PartnerHost organization supporting the Launceston innovation hub at Macquarie House in Civic Square. Key partner in Launceston's startup ecosystem development.
• Detached Cultural OrganisationcoreStrategic or Co-development PartnerFounding partner providing initial support for the Hobart popup innovation hub in The Old Mercury Building. Ongoing strategic partner in the Enterprize ecosystem.
• Startup TasmaniacoreStrategic or Co-development PartnerFounding partner contributing to the Tasmanian startup ecosystem development alongside Enterprize.
• StartupbootcampcoreStrategic or Co-development PartnerInternational accelerator program partnered with Enterprize to host the Foodtech Tasmania accelerator cohorts in 2022 and 2023.
• Cradle Coast AuthoritycoreStrategic or Co-development PartnerRegional development partner for Enterprize's North-West Coast expansion ($700,000 project funded by Tasmanian Government in partnership with Cradle Coast Authority). Over 50 events held across Cradle Coast with 600+ attendees.
• Regional Development Australia TasmaniaminorStrategic or Co-development PartnerFederal government regional development body supporting Tasmania's startup ecosystem and Enterprize's activities.
• Innovation BaycoreStrategic or Co-development PartnerStartup ecosystem organization. Cofounder & CEO Phaedon Stough serves on Enterprize's Board, connecting Enterprize to broader Australian startup networks.
• TelstracoreStrategic or Co-development PartnerPartnership announced for Internet of Things Lab launch in 2023 at Henty House, Launceston, in partnership with Telstra and Tasmanian Government.
• CSIROcoreStrategic or Co-development PartnerResearch organization partnered on LoRaWAN IoT network launch in 2017 and ongoing innovation activities. Uses Enterprize venue for events.
• AustCybercoreStrategic or Co-development PartnerNational cybersecurity innovation body partnered with Tasmanian Government and Enterprize to launch the Tasmania Cyber Security Innovation Node in 2020.
• EnergyLabminorStrategic or Co-development PartnerHosted EnergyLab's Smart Energy Accelerator in 2019, connecting Tasmanian startups to energy sector innovation opportunities.
• University of TasmaniaminorStrategic or Co-development PartnerAcademic partner for the Big Ideas Challenge startup ideation competition launched in 2018.
• No Code AustraliaminorGTM or Marketing PartnerNo-code technology community partner supporting Tasmanian startup ecosystem.
• Smart CompanyminorGTM or Marketing PartnerAustralian business media outlet as a partner organization.
• Allied LegalminorOthersLegal services partner supporting Enterprize and startup members with professional services.
• BeamminorOthersPartner organization supporting Enterprize's activities.
• RostrumminorOthersProfessional services partner supporting Enterprize and startup members.

Scale indicators7 records

Recent moves11 records

Expansion highlights5 records

Others

• Innovation Bay: Australian startup founder/investor community organization whose co-founder (Phaedon Stough) sits on Enterprize's board. Adjacent ecosystem player connecting founders to investors; comparable network-effect-driven community model.

Direct peers

• Stone & Chalk: Australian startup hub operator running physical innovation spaces and accelerator programs across multiple states. Highly comparable to Enterprize's combination of coworking, government-backed programs, and ecosystem-building role in a defined geography.
• The Studio (StartupVic): Victorian government-backed startup hub and coworking space combining workspace, programs, and community for founders. Closely comparable state-government-supported model to Enterprize's Tasmanian Government-backed approach.
• Fishburners: Australia's longest-running startup coworking and community space, with chapters in Sydney and beyond. Directly comparable to Enterprize in combining physical coworking, founder community, mentor networks, and programs targeting early-stage Australian founders.
• Antler: Global early-stage venture investor and accelerator running cohort-based founder programs. Comparable in operating structured incubator programs (akin to Enterprize Elevate) targeting aspiring founders, though it operates at much larger scale and is profit-driven.
• Startupbootcamp: Global accelerator that partnered with Enterprize to host Foodtech Tasmania cohorts in 2022-2023. Directly comparable accelerator operating model, with overlapping program structure, mentor networks, and Demo Day format.
• Muru-D: Telstra-backed startup accelerator (notable given Enterprize's Telstra partnership for the IoT Lab). Comparable in running structured cohort-based founder programs with a major corporate partner providing mentorship and resources.

Broad incumbents

• WeWork: Global flexible workspace provider offering coworking, dedicated desks, and private offices. Overlaps with Enterprize's workspace rental and venue hire business lines but operates at vastly greater scale and as a pure commercial coworking incumbent.
• BlueChilli: Established Australian startup accelerator and venture builder with a broader portfolio of programs. Operates in the same category as Enterprize's Elevate and Born Global incubator offerings but at national scale and as a commercial entity.

Emerging players

• Startup Tasmania: Tasmanian startup community organization and Enterprize founding partner. Operates in the same Tasmanian founder ecosystem with overlapping mission of supporting local entrepreneurs, making it the most regionally-comparable peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/enterprizetas
• Facebookfacebook.com/enterprizehobart
• Instagraminstagram.com/enterprizetas

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Enterprize