With a shared mission to amplify the transformative power of design, we are excited to announce our partnership with RiseQ Consulting. Their integrated services are designed to empower clients, helping them craft and execute impactful growth strategies, secure essential capital for expansion, and build robust channel partnerships to accelerate revenue growth.
Together, we aim to support designers and their clients in navigating the landscape of growth opportunities, from growth strategy and financial advisory, to access to vital government research and development (R&D) tax incentives and grant funding programs.
At Good Design Australia, we advocate for design’s crucial role in enhancing quality of life, driving innovation, and creating sustainable solutions. This collaboration will help to support this vision, as RiseQ brings unique expertise that can help our design community grow, innovate, and stand out.
“By connecting our designers and innovators to RiseQ’s expertise in strategic finance and corporate governance, we aim to help support innovation, maximise potential impact and help create lasting value for founders and entrepreneurs,” said Rachel Wye, Managing Director of Good Design Australia.
“We are thrilled to facilitate connections between Australian design talent and expert consultants, enabling the discovery of growth opportunities, unlocking new pathways for creativity, and helping to foster positive change across various design disciplines and industries.”
Supporting our design community
At the core of RiseQ’s mission is the belief that creating value, rather than merely trading it, is essential for making a tangible difference in the world. This philosophy underpins our partnership with RiseQ, where we are dedicated to supporting meaningful ideas and impactful solutions.
“We get an enormous kick out of helping founders and entrepreneurs build successful products and businesses,” said Ben Berthon-Jones, Partner at RiseQ.
“In today’s landscape, successful ventures require three critical pillars: strategic finance, strategic marketing, and domain expertise.”
Acknowledging the remarkable talent within the design community, Ben points out a significant opportunity to assist.
“We recognise the astonishing domain expertise present in these businesses and individuals within the good design community and see a significant opportunity to help them enhance their corporate governance and financial funding strategies to maximise their impact.”
This emphasis on strategic finance is crucial for the design community because it helps creative minds turn their brilliant ideas into thriving businesses.
“By enhancing corporate governance and funding strategies, designers can confidently tackle market challenges and ensure their impactful solutions reach those who need them most,” added Rachel Wye.
Strengthening foundations for market success
We are excited to enhance community access to government R&D tax incentives and grant funding through our partnership with RiseQ. By connecting our design community with their expertise in commercial advisory, growth strategy, and execution, we aim to encourage our community to gain the support needed to improve their growth strategies and effectively pursue capital-raising efforts. This partnership will help bring innovative ideas to life while maximising available incentives.
Ben Berthon-Jones emphasises the importance of ensuring these incentives are utilised effectively.
“It’s always worth a conversation to make sure R&D tax incentives are being used properly. On top of that, there are lots of other non-dilutive funding out there, literally hundreds of state and federal grants that change all the time,” said Ben Berthon-Jones.
RiseQ also offers outsourced CFO and Bookkeeping services, empowering businesses to establish solid financial foundations. They understand that not everyone can afford a full-time CFO, so they offer a cost-effective solution that delivers expertise right when it’s needed.
“In addition, we engage in growth strategy work, focusing on how to take a product from concept to cash generation.”
“We guide businesses on entering new markets and can provide insights on setting themselves up for acquisition. We help clients understand the three to five-year journey required to make themselves attractive for acquisition.”
From ideas to investment
This collaboration will help the design community attract investors by creating effective documentation that highlights their products’ unique strengths. Using a growth lens, RiseQ develops concise business plans that outline a clear path for sustainable growth and new opportunities.
“Our approach is an integrated growth strategy methodology. It doesn’t matter where you are in your business journey, new or established; you could be a designer with an idea for a product, thinking it’s fantastic.”
“You consider what you want to achieve, what value you want to create. Then, you identify your market and what success in that market looks like. What’s the problem this idea solves? What do you need to do to achieve your goal and win with this idea?”
“It’s an interesting iterative process, and you go through it a few times before coming up with a strategy. From that, you cascade down into a business plan and a financial model.”
“At the end, you have a formalised roadmap that makes you investable and backable.”
A partnership for lasting impact
Good Design and RiseQ see this partnership having great potential and longevity – supporting designers and businesses well into the future.
“Our goal is to help entrepreneurs succeed and build phenomenal businesses. Where that really aligns nicely with Good Design Australia is through our international network. RiseQ enables entrepreneurs access opportunities for capital, connections and contracts across the globe,” said Ben Berthon-Jones, Partner, RiseQ.
“Ultimately, what we want to do is build up a global infrastructure that supports entrepreneurs from their first day to a successful exit.”
“And Good Design Australia provide a unique opportunity to connect with really great ideas and the teams and individuals behind them,” he added.
“We want to be a funnel to shoot Australian design and entrepreneurship out into the world and help it shine.”
“We’re thrilled to be able to provide this opportunity to our Australian design community, it will help them to grow, innovate, and differentiate themselves in the market. We hope the partnership will not only support, but also help to grow the Australian design sector.” added Rachel Wye.
A new era for Australian design innovation
The partnership with RiseQ not only enhances the resources available to designers but also underscores the significance of good design in driving innovation.
“Design is where the blue sky thinking comes in,” said Ben Berthon-Jones, Partner, RiseQ.
“If we can play a tiny part in helping highlight and sustain the growth of this industry, then that’ll be really rewarding, and we’ll have a lot of fun along the way,” he added.
“The partnership between Good Design Australia and RiseQ could be transformative for the Australian design community. By linking the design community with RiseQ, we’re aiming to help support innovation, nurture sustainable development, and help to create a vibrant environment for impactful ideas to thrive,” said Rachel Wye.
Whether you’re a new or established business navigating a challenge or eying an opportunity, we would be pleased to connect you with RiseQ. If you are designing or developing a new product or service and want to inquire about how to accelerate your project by accessing funding and applying for an R&D grant, please contact us.
