Depending on your source, it’s estimated that ‘technical people’ account for around 7% of the global population. That includes everyone from quantum computing experts right through to your brother-in-law’s childhood friend who knows how to mock up a WordPress site. If you’ve got a great idea but you’re in the ‘other’ 93% of the population […]
Startup culture is booming in Australia, especially within the millennial marketplace. While creative freedom and drive is the backbone of many startups, it’ll likely take financial backing and investment for a business to reach its greatest success Some big ideas come at a large cost and the stability that a financial backer can supply to […]
Whether you have started a technology business, or have a startup that uses technology (i.e. many startups), there are three common stumbling blocks to avoid. Coming up with a business idea is exciting. But the journey of taking your idea and turning it into a thriving business is one filled with obstacles as well as […]
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 […]
The Turnbull Government has drafted legislative reforms to support investment in innovative fintech companies by venture capital and angel investors, Treasurer Scott Morrison has announced. Released yesterday for a public consultation period ending Friday, 10 November, the exposure draft of the Treasury Laws Amendment (2017 Measures No. #) Bill 2017 proposes amendments to the Tax […]
This week, we launched our exciting, new initiative ‘Let’s Talk…’, which provides the entrepreneurial community with a forum to share rapid-fire views with you, our readers, every Wednesday. Our very first ‘Let’s Talk…’ theme, Raising Capital, saw us pose the question “What’s a sure-fire way to make an investor sit up and listen?” We received […]
Bolstered by a $1 million seed injection, Melbourne start-up Weploy has launched an on-demand recruitment platform that connects pre-screened, talented employees to employers who need short term staff to manage peak periods or cover employee absences. Co-founded by serial entrepreneurs Nick La and Vince Luong, Weploy was conceived in response to the frustration they had […]
Financial services platform PractiFI prevailed over two other cloud-driven start-ups to win the inaugural Salesforce PitchComp, yesterday. The event was held at Sydney’s International Conference Centre as part of the Salesforce World Tour. It saw the co-founders of PractiFI – Glenn Elliott (CEO) and Adrian Johnstone (CCO) – pitch their start-up to Steve Baxter (investor, […]
FinTech start-up Neu.Capital, which acts as a match-maker for mid-sized companies and investors, has been able to significantly reduce the cost of acquiring new clients. The company’s director Joshua Khoddami spoke to Dynamic Business about the crucial role played by marketing automation. The ex-manager of Sydney-based digital agency The Web Showroom, Khoddami co-founded Neu.Capital with Edward Jones and Cyrus Church, both […]
On recent business trips to Silicon Valley, we’ve met with a number of investors, lawyers and other advisers who are active in the start-up community. These meetings have yielded some very interesting lessons for Australian start-ups, particularly those seeking to expand into the US market or take on US investors. Here are the key highlights: 1. […]
