Smarter funding alternatives could save many Australian universities’ vital health and science research projects from collapse, leading wealth manager Atlas Advisors Australia says. Executive Chairman Atlas Advisors Australia, Guy Hedley said the survival of university spinoff companies, thousands of jobs and critical research projects has been needlessly put at peril while millions of dollars in […]
Due to the current climate, university startups, research projects and jobs, have experienced funding withdrawal. They are being given the vital boost needed with prominent early-stage venture capital fund Stoic Venture Capital, as they increase their investment in startups that specifically commercialise university research and innovation. Stoic is seen to be bucking the trend of […]
Lexus has partnered with Mark Bouris to announce the new Lexus and Mentored Grant – a $100,000 grant initiative aimed to help up-and-coming entrepreneurs take control of their journey at a time when they need it most. The introduction of the new Lexus and Mentored Grant aims to target small business people with an innovative […]
Fintech Unicorn Airwallex seems to continue to go from strength to strength; the startup managed to complete its largest funding round (US$160M) mid-pandemic and has recently introduced WeChat Pay as part of its payment options, opening up the Asian marketplace to Australian business. The Melbourne-founded global leader was also recently recognised – in November last […]
The increase in remote workers due to the COVID-19 pandemic means that more users than ever are on the GO1 platform for remote learning. GO1.com, a content hub designed to help companies upscale their workforce with on-demand training, has announced it has raised over US$40 million in a Series C funding and has said it has […]
Financial technology startup and home loan disruptor, Verteva, has secured a AUD$33m Series A capital raise which has been funded entirely by New Zealand’s Bolton Equities. Founded just last year, Verveta has been in ‘stealth mode’ up until now, developing its product offering without any publicity. This is according to the founding CEO Andrew Walker, who along with […]
As a result of the COVID-19 pandemic causing business disruptions of an unprecedented scale, alternative lender Lumi has today called for lenders to put aside their differences and create partnerships to avoid finance bottlenecks in light of the government’s $15b injection announcement to small business loans. Due to the data and technology capabilities Lumi and […]
Ask any small business owner what keeps them up at night and they will say cashflow is their top concern. Understandably so, as it plays a pivotal role in a business’ survival. This year has started out rough for all of us. In Australia, we first had to fight through the bushfire crisis, and now […]
For some CEOs, raising capital can be the most important and time-consuming part of their job. It’s a complex area to navigate even for the most experienced CEOs, and especially so for those who are new to the game. Vantari VR’s co-CEO Dr Nishanth Krishnananthan knows all too well the complexities involved when it comes to […]
Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), urged senators to pass the Australian Business Growth Fund Bill on Wednesday. Ms. Carnell explained that the bill would significantly encourage growth and promote economic expansion for small and medium-sized businesses around the country. “We strongly support the investment by the Commonwealth in the […]
