Investors who back startups in the BlueChilli portfolio will now enjoy an immediate tax deduction plus capital gains tax exemptions. This follows a private ruling by the Australian Taxation Office (ATO) approving BlueChilli as the nation’s first accelerator program with Early Stage Investment Company (ESIC) accreditation. Under ATO rules, investors who have met the agency’s sophisticated […]
There’s no doubting that the world of business is changing. The traditional model of large international corporates functioning in a singular, closed-door fashion is fast disappearing, with companies now open to collaboration or outsourcing. While previously big corporates, protected by expensive barriers of entry, were responsible for all “business problems” in-house, technology has now made […]
EpiSoft has secured $1,050,000 in capital for its cloud-based, SaaS platform, which helps health professionals, including researchers, manage patients with serious chronic illness and collaborate on efforts to improve health outcomes. Co-founder Jenny O’Neill told Dynamic Business that a quartet of private investors with “knowledge of and great contacts in the digital health market” […]
Twelve startups have been selected to participate in Horizons, a regional travel accelerator program being run by Slingshot in partnership with travel tech company Amadeus, Brisbane Airport corporation and Queensland Tourism Industry Council. According to Slingshot CEO, Karen Lawson, the Horizons cohort boasts some of the most experienced travel entrepreneurs in the industry, including Paul […]
Five startups have been selected to participate in Australia’s first clean energy accelerator, EnergyLab, joining the initial cohort of four startups. Founded by Piers Grove and Nick Lake, EnergyLab is a not-for-profit business incubator operating out of the Blackfriars School House, UTS in Chippendale. It launched, earlier this year, with support from principal sponsor Origin Energy along with […]
Providing female startup founders in rural, regional and remote areas with access to face-to-face and virtual capacity-building opportunities, including mentorship, will help build Australia’s entrepreneurial muscle, according to Retha Wiesner, founder of WiRE. Launched in early 2017 out of the University of Southern Queensland (USQ) – where Wiesner is Professor of HR Management –WiRE (Women […]
Ahead of Amazon’s arrival in Australia, corporate accelerator Slinghot and retail network NORA have partnered to launch Australia’s first retail tech accelerator. According to Slingshot CEO Karen Lawson, the 12-week ‘RetailTech’ program will assist a consortium of four large-scale retail companies (including logistics and payments businesses) to ‘fast-track’ the development of new revenue streams, processes […]
LaunchVic, the Victorian Government’s startup investment agency, has made available a new round of funding to attract world-class accelerator programs to Melbourne. LaunchVic is seeking to invest up to $3 million per application in the very best Australian or international accelerators and teams with proven track records for running accelerators. LaunchVic CEO, Dr Kate Cornick […]
Five organisations have secured a total of $1.4 million in grants from LaunchVic to deliver programs that will help first generation migrants and refugees launch startups in Victoria, including regional and remote area of the state. According to LaunchVic CEO Dr Kate Cornick, the aim of LaunchVic’s latest funding round is to increase diversity […]
I often find it frustrating when I hear or see people from startups actively chasing the help and financial support of an accelerator. For those that don’t know, startup accelerators offer funding initiatives, mentor programs and other resources for startup businesses. It’s not to say that these are not useful, far from it. As I’m […]
