Tag: Investment
Federal Budget: startup wish list, part two
Ahead of the 2018-19 Federal Budget, which will be released on Tuesday (8 May), Dynamic Business spoke to a cohort of business leaders about the measures they hope to see from the Turnbull Government. In this article, the second in a two-parter, Julius Wei (BMYG), James Lynch (CastleCoin), Michael Jankie (PoweredLocal), Trevor Townsend (Startup BootCamp), […]
BenchOn raises $650k to tackle staff underuse; CEO reveals how the military shaped his startup
B2B Talent mobility platform BenchOn has raised $650,000 in seed capital to meet market demand for its software solution to employee underutilisation, estimated to cost the Australian economy $305 billion each year in lost productivity. [Related: Can ‘For-Profit’ businesses still have a Social Impact? BenchOn’s founder provides answers and Why the startup ecosystem needs more non-technical […]
Three things to watch out for before your startup partners with an early-stage investor
A lot of start-up founders I’ve met believe that if they can raise money from professional early-stage investors such as The Sharks from Channel 10’s Shark Tank or a Venture Capital (VC) fund, then they’re guaranteed success, a large exit, and early retirement. But this is dangerous thinking. These investors are almost always only investing […]
Funded by the crowd: the new avenue for startups to raise capital in Australia
Equity crowdfunding is a relatively new way for Australians to invest. It’s a smart way to collect donations for a charity cause or raise capital for new products and with recent changes to Australian investment laws, crowdfunding platforms can now be used to raise equity capital for a business startup. [Related: Aspiring ‘neobank’ Xinja raises $2.4m […]
The Necessary Agony of product Development: Startup Stories from san Francisco, Part Six
Security Colony was one of six cybersecurity companies selected by Austrade & AustCyber to take part in the Federal Government’s Landing Pad program in San Francisco. In this exclusive series for Dynamic Business, Nick Ellsmore, co-founder of Security Colony shares his journey as he builds his second business (the first sold to BAE Systems) and introduces an Australian-built cybersecurity solution […]
New inquiry into international initiatives that provide SMEs affordable access to capital
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has commenced an inquiry into international initiatives designed to address the funding gap for small to medium sized enterprises (SMEs). [Related: Small Business Ombudsman calls for Govt to consider UK approach to boosting SME finance, Major barriers to SME investment explored by new report from […]
Payments app startup QPay raises $570k to draw millennial consumers away from the banks
The brains behind QPay, a payments app for uni students, have secured $570,000 in funding to challenge banks for the millennial market. Provided to QPay by high-profile investors including Sydney Angels and the Sydney Angels Sidecar Fund 2, the funding will enable the startup to release a student-targeted QPay MasterCard. According to QPay CTO and […]
A flash of genius followed by the sales grind: Startup stories from San Francisco, part five
Security Colony was one of six cybersecurity companies selected by Austrade & AustCyber to take part in the Federal Government’s Landing Pad program in San Francisco. In this exclusive series for Dynamic Business, Nick Ellsmore, co-founder of Security Colony shares his journey as he builds his second business (the first sold to BAE Systems) and introduces an Australian-built cybersecurity solution […]