{"id":47324,"date":"2023-10-20T15:53:17","date_gmt":"2023-10-20T15:53:17","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/rental-start-up-open-shed-wins-nokia-innovation-competition-startupsmart\/"},"modified":"2023-10-20T15:53:17","modified_gmt":"2023-10-20T15:53:17","slug":"rental-start-up-open-shed-wins-nokia-innovation-competition-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/rental-start-up-open-shed-wins-nokia-innovation-competition-startupsmart\/","title":{"rendered":"Rental start-up Open Shed wins Nokia innovation competition – StartupSmart"},"content":{"rendered":"
Open Shed, an online rental start-up, has emerged from a field of more than 100 budding entrepreneurs to win $10,000 and mentoring in Nokia\u2019s In Hindsight competition.<\/p>\n
<\/span><\/p>\n <\/p>\n The business\u2019 founders, Lisa Fox and Duncan Stewart, will receive the money from Nokia, while mentorship will be provided by Jaimie Fuller, CEO of sportswear brand Skins.<\/p>\n <\/p>\n Open Shed is a peer-to-peer site that allows users to rent each other\u2019s belongings for occasional use.<\/p>\n <\/p>\n Aimed at providing Australians more \u201cresourceful and sustainable\u201d lives, the business claims to save people money on items such as power drills for DIY use or bicycles for impromptu rides.<\/p>\n <\/p>\n Sydney-based couple Fox and Stewart quit their jobs in March and gave up their rented property in order to concentrate on Open Shed.<\/p>\n <\/p>\n The duo came up with the idea after seeing similar concepts in the UK and US. Open Shed launched in beta mode in October.<\/p>\n <\/p>\n The business was picked for the prize from a five-strong shortlist via a mixed public and judging panel vote. The judges included Chris Carr, managing director of Nokia, Suzi Dafnis, community director of the Australian Businesswomen\u2019s Network and Fuller.<\/p>\n <\/p>\n