An Eye on Innovation VIDEO: REFUELER APP - CROWDFUNDING CAMPAIGN
KATHY WINKCUP CHIEF FINANCIAL OFFICER GENERAL MANAGER INNOVATION
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TAiQ HAVE WORKED with some very interesting and innovative businesses and entrepreneurs and, in recent months, a couple of those businesses have been receiving much national media attention. It is unlikely that you missed the coverage of ACE-EV, a business building up to begin the mass assembly of a range of electric vehicles – the ACE Cargo van, ACE Yewt commercial vehicle, and the ACE Urban car. The company’s first delivery van was assembled at the MTA Institute and was publicly launched at MTA Queensland’s 2019 Carmageddon symposium. ACE-EV hopes to be building 15,000 fully electric vans, utes and cars a year by 2025. Fantastic stuff, and MTAiQ is proud to have been part of that story. Also worth highlighting is the ongoing work of Refueler, another business that has been part of the MTAiQ innovation hub and which has, like ACE-EV, been in the national news of late. The Refueler app works by allowing its users to purchase fuel when prices are low and collect that fuel at any point over the next 10 days. If you buy at the right price and collect when prices have shot up, this will definitely bring a smile to your face when filling up
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your petrol tank. The Refueler team, led by Luigi Antonuccio and Daniel Devine, have featured in plenty of media outlets during October, highlighting the imminent launch of the app and announcing that investing in their product is available to anyone through crowdfunding. “We’ve got about 500 service stations that have signed our expression of interest – ready to board, effectively,” said Luigi in a recent interview. The incentive for service stations to come on board is that with more customers using the bowsers and taking advantage of the fuel price saving, the business will have more customers and be able to sell more additional items in its store. It’s a clever concept, a positive one for the consumer and the business, and one that MTA Queensland and MTAiQ are proud to have supported. You can find out more about Refueler and register your interest in the business here.
OUT AND ABOUT Part of MTAiQ’s work is to grow and develop a network of contacts and partnerships with other organisations and businesses that work within the innovation landscape and, as always, the past month has been a busy one. At the beginning of October, MTAiQ representatives attended the Creative3 Awards in Brisbane.