Inside Ochre: a new startup program for First Nations entrepreneurs Case Studies To say that Dr Kyle Turner is an unusual person is an understatement… A jack of all trades – and master of many – the epidemiologist academic turned startup founder turned startup investor has lived many lives in his 39 years. Born in the rural town of Dubbo, NSW, Kyle, a Wiradjuri man, travelled all the way to the University of Oxford to complete a PhD in epidemiology 2017, having since published widely on the burden of chronic disease, with a focus on prevention of disease. But life as an academic is not for everyone, and Kyle wanted to make a big impact beyond academia. “I was teaching at the University of Melbourne and had an academic career laid out in front of me, but over time I became quite cynical about a lot of the research that was coming out of universities,” he says. “For academics publishing papers is our currency, and I wanted to do more with my degree than publish crappy papers that no one will read or use. I want to have an impact.” Catching the startup bug His passion for preventive health, especially in disadvantaged communities such as those of many First Nations Peoples, eventually led him to startup land. Between 2019 and 2022, he raised over $3 million from private investors to launch Pearlii, a for-profit social enterprise that uses world-first AI technology to scan photos of teeth and gums for common dental problems, bringing free dental check-ups and free oral health education to the world for the first time. “I got the startup bug; you can move fast, you can scale and you can have a huge impact in a short amount of time.” For a while, the company was doing well: Kyle had a team of 19, and at one point raised enough money to do outreach in countries like East Timor. But Covid hit, and by the time it left it took with it much of Pearlii’s business. “We got hit pretty hard and lost a lot of money,” he admits. “I also made many mistakes, of course, which I can see now – but that’s the benefit of hindsight.” Giving back While Pearlii is still in operation and profitable, Kyle has expanded his role as an entrepreneur by joining several boards (e.g. Charles Sturt University), as well as becoming an Investment Manager for a new $30 million venture capital fund, which will be launched later in 2024 and invests only in First Nation businesses. He also mentors a number of First Nation founders, and has dedicated the last three years to mentoring candidates through the Minderoo Foundation’s accelerator program. However, early in 2024 the program’s funding was cut, leaving a gap for a First Nations Peoples’ only startup accelerator. So Kyle decided to step in. “I’ve always worked in health, and having also started a couple of businesses, as well as now being an investment manager, I have been involved in all parts of the startup journey,” he says. “So when I realised there was no longer an accelerator for First Nations Peoples anywhere in Australia, I applied for LaunchVic’s targeted pre-accelerator grant – and I was lucky enough to get it.” LaunchVic has granted $400,000 to build out the pre-accelerator program, supporting Indigenous founders at the earliest-stages of their entrepreneurial journey, and Kyle plans to induct the first cohort before Christmas this year. “In total, we will help 40 First Nation founders over the next two years,” he says. “It’s crucial we address the lack of First Nations leaders within the business community. We want to play our role in growing the ecosystem.” The pre-accelerator – which Kyle named ‘Ochre’, a natural earth pigment found in various colours such as red, yellow, and brown and used to make paint used by First Nations Peoples – will also be run with his friend Kayla Cartledge, Deputy Director, a proud First Nations woman and founder of OurSonglines, a platform dedicated to promoting and preserving the rich cultural heritage of First Nations Peoples throughout Australia. RELATED POSTS Announcements 11 Jul 2024 Building Victoria’s Startup Pipeline Announcements Aspiring startup founders will soon have access to free support to take their startup ideas to the next level with seven new pre-accelerator programs to be rolled out in Victoria thanks to LaunchVic. DEBUG VALUES: post date: 11 Jul 2024 Case Studies 27 Jun 2024 Acusensus is taking the fight against distracted driving global Case Studies The Victorian-headquartered startup harnessing AI to curb deadly distractions. DEBUG VALUES: post date: 27 Jun 2024 Case Studies 05 Dec 2023 How Great Wrap is knocking plastic off the supermarket shelf Case Studies A Tullamarine-based material science company tackling plastic waste is gearing up for a huge 12 month growth curve, following its participation in LaunchVic’s 30X30 Program. DEBUG VALUES: post date: 05 Dec 2023