Startup
In February 2016, Brett Kaplan – a veteran of the corporate world – ‘flew the coop’ to become CFO of online home services marketplace Oneflare. Founded just five years earlier by serial entrepreneurs Marcus Lim and Adam Dong, the fast-growing Sydney tech start-up provided the enterprising South African with relief from an itch big business […]
The Queensland Government is granting four industry-focussed business accelerators access to a $9 million fund to create jobs and rapidly grow up to 120 early stage businesses and start-ups between them. BlueChilli, Innovation Centre Sunshine Coast, QUT Creative Enterprise Australia (CEA) and Unearthed are the first four accelerators to receive funding from the Advance Queensland […]
Pharmaceutical giant GSK has thrown its support behind BlueChilli’s SheStarts, a national accelerator program that seeks to address the under-representation of female entrepreneurs in Australia’s start-up ecosystem. Dynamic Business spoke to Anne Belcher, general manager, pharmaceuticals with GSK Australia, about the initiative, which has seen BlueChilli select ten female-led start-ups, from hundreds of applicants, to receive […]
A fintech start-up accelerator has received a $2 million loan guarantee from Jobs for NSW, the state government-backed job creation agency, to access $4 million in funding to grow up to 40 new companies. H2 Ventures will invest $100,000 in each start-up for a 10% equity stake. The start-up accelerator, which has a focus on […]
Innovation was the key word in 2016, supported by a bipartisan government agenda and highlighted through much success in the space, such as RedBubble’s $288 million IPO. In 2017, we should expect to see a new maturity coming to the market, with start-ups moving into scale-up territory, and – due to the government’s late-2016 commitment to […]
The South Australian Government will spend $2.4 million over four years on generating at least 14 tech start-ups from work being undertaken by universities and research organisation According to Manufacturing and Innovation Minister, Kyam Maher, the South Australian Rapid Commercialisation Initiative (SARCI) will see commercialisation experts drive license deals between the research sector and industry, with […]
Buoyed by $8 million in seed funding, Yanir Yakutiel launched a fintech start-up in November, last year, to assist small businesses under-serviced by banks and other traditional lenders. The former finance and shipping expert spoke to Dynamic Business about Sail, including the process of raising capital and its participation in the Tel Aviv Landing Pad […]
As a savvy entrepreneur, you know that your brilliant start-up idea, together with your visionary approach to a certain industry niche, is going to need a strong financial backbone. Capital is pretty hard to come by in this day and age, and your start-up needs to grow or have a soft cushion to land on in case […]
Choosing a business structure is, well, tricky business. If you are thinking of starting a business, you should first weigh up the pros and cons of each business structure to figure out which one best suits your needs. This is an important step that shouldn’t be overlooked because it affects many aspects of your business […]
With the launch of its second co-investment fund, this month, Sydney Angels is seeking to raise between $10 and 20 million to invest in high-growth potential early-stage ventures. Sidecar Fund 2 follows the first Sidecar Fund, which Sydney Angels launched in 2012. Sidecar Fund 1 attracted $10 million in capital from outside investors, to invest […]
It’s likely that at some stage in your career you’ve dreamt of running your own business, due to the perceived flexibility, but haven’t yet taken the entrepreneurial plunge for one reason or another. Perhaps it’s job security, budget constraints, or just a general fear of the unknown – all valid reasons for hesitation. Fortunately, there’s a […]
If there’s one thing the start-up world is full of, its buzzwords. In an industry where speed of disruption and change are the only two constants, many tech trends are here today and sadly, gone tomorrow. So the industry and even the wider community can be forgiven for thinking that Augmented Reality (AR) and Virtual […]
Powered by an entrepreneurial engine, start-ups pursue rapid growth off the back of a product or service with a large potential customer base. While a start-up’s offering may be innovative, disruptive even, plans for growth could be derailed if inexperience at negotiation prevents them from, say, locking in those first crucial investors or clients. Here’s how your start-up can negotiate like a pro: Know […]
Fed up with the soul-destroying (and oft-times fruitless) exercise of finding parking near Sydney’s busiest beaches, two enterprising locals have launched an on-demand, peer-to-peer parking app, with the aim being to strike a balance between supply and demand. Free to download now from App Store, with a release on Google Play to follow, Share with […]
Australia’s tech start-up sector continues to face barriers to achieving world-class status, according to peak advocacy group StartupAUS, which yesterday launched a report recommending 14 actions to unlock the sector’s full potential. Speaking at the launch of the third annual Crossroads report, held at International Towers in Barangaroo, StartupAUS CEO Alex McCauley highlighted the importance of fostering the […]
Sydney’s CBD is set to host a new start-up precinct, designed to strengthen ties in the entrepreneurial community while providing a central hub for innovation. Announced at the official launch of StartupAUS’ third annual Crossroads report in Barangaroo, yesterday, Lighthouse will be led by CEO Annie Parker, who is the director of Code Club Australia, the […]
You’ve heard the saying: “you don’t know what you don’t know.” Most people are happy to accept that proposition because whilst ignorance isn’t always bliss, people tend to avoid risk and thus the danger won’t be immediate. Launching a start-up means rushing into the high-end of the risk zone where even minor trip-ups can have a significant impact on your potential […]
Twelve start-ups from across Perth and Brisbane have been selected to participate in Energise, an energy and natural resources accelerator program that kicks off today. To help participating start-ups accelerate the development and commercialisation of their products, Energise – an initiative of tax, audit and advisory firm KPMG Australia – will provide access to a mentor panel made […]
Perth-based tech start-up Fleetsu has been granted $45,000 in cash and in-kind support to accelerate the development of an app-driven platform designed to optimise and coordinate the use of vehicles, machinery and equipment. Formed in 2015, Fleetsu was awarded $15,000 by Motorola Solutions on Friday, 18 November after winning the telco company’s 48-hour Public Safety […]
Co-working spaces combine the start-up experience with the perks of larger companies to help growing businesses engage talent – and they’re increasingly self-sufficient ecosystems that thrive on B2B trade. So says Brad Krauskopf, founder and CEO of Hub Australia. Launched in 2011, the company expanded its network of co-working spaces, last month, when it opened Victoria’s largest co-working space, […]
