The business idea behind CoursewareMarket is a digital marketplace that facilitates the connection between RTOs that want to sell or buy course material aligned to the ASQA standards. The innovation exploits the cost and administration savings RTOs would otherwise need to invest in order to keep their training material current and relevant to meet increasing compliance standards.
- Sustainable course marketplace for RTOs
- Finalist, 2019 EduGrowth Business Start – Business Plan Competition
CoursewareMarket was a finalist in the 2019 EduGrowth LaunchPad Business Start business plan competition. The submission, interview and presentation by Christopher Drake impressed the judging panel consisting of Ryan O’Hare, Pauline Farrell, Warwick Freeland, Georgina McCann and Angelo Nardozza. The judges commenting on the very clear business plan and implementation plan. Highlighting the team have lots of startup experience and expect the product should scale across Australia.
CoursewareMarket is the work of Christopher Drake and Andrew Mcleod from Queensland University of Technology.
The business plan submission highlighted the opportunity to provide a sustainable option for RTOs to continually develop, update, and improve course materials. It leverages the core similarities across courses, as they align to ASQA standards, and offers selling RTOs a secondary income stream. The innovation increases staff utilisation, as buyers can focus on teaching – as opposed to content creation, and the automation eases administration for sellers.
As a finalist in the 2019 EduGrowth LaunchPad Business Start business plan competition, CoursewareMarket receives a one hour mentoring session with an EduGrowth mentor and $10,000 AWS Hosting Credits.
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