Founders often ask me ‘how do you know when is the right time to leave a corporate role and start your own business?’ Despite the fact I have a strong accounting background and am very much a numbers person, life experience has taught me this initial decision often needs to be based more on a […]
Michael Nixon – a 14-year-old entrepreneur from Wagga Wagga, NSW – has out-pitched seven startups to be crowned the first-ever Australia Post Regional Pitchfest national champion. Impressing the judges with his innovation, The Amazing Annoyatron – an educational kit that introduces kids and teens to electronics and coding – the EduKits founder was awarded $7,500 […]
A new report into Victoria’s startup landscape reveals that a majority of ventures are revenue positive within the first two years but are not giving thought to an exit strategy. Commissioned by LaunchVic in collaboration with Startup Victoria and dandolopartners the report – titled Mapping Victoria’s Ecosystem – defines a startup as any business with […]
Networking with influential door-openers, eager to help female-led startups, helped the brains behind UrbanYou – an on-demand platform for household services – fast-track business growth, with their most recent feat being a $1m capital raise within the space of two weeks. To date, UrbanYou has facilitated over 20,000 services, totaling $3 million, for its 5000 […]
As the innovation capital of the world, Silicon Valley has given birth to some of the world’s most successful start-ups. Organisations that have grown to be the big brands infiltrating every aspect of our lives – Netflix, Facebook, Apple, eBay, among them. There are many more. It makes you wonder, is there something in the […]
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 […]
Startup founders that overlook co-working spaces that aren’t ‘geographically desirable’ might miss out on the ideal work environment, according to Liz Elam, the founder of Link Coworking in Austin, Texas. Meanwhile, Brad Krauskopf, CEO and Founder of Hub Australia, believes regional and suburban co-working spaces will eventually become the norm. The two co-working providers spoke […]
Global startup accelerator, Startupbootcamp has partnered with EnergyAustralia for a Melbourne-based accelerator program aimed at scaling smart energy ventures. The Startupbootcamp EnergyAustralia accelerator is backed by Spotless Group, Amazon Web Services, DiUS, KHQ Lawyers, Cisco and LaunchVic, and will run for three months from January 2018, with places available for ten startups. Applications are […]
Sydney-based fintech startup Spriggy has closed a $2.5 million funding round, which it will invest in evolving its educational pocket money app and bank card and growing out its user base of more than 35,000 parents and children. As part of the round, which was led by Alium Capital with additional funding from Perle Ventures […]
In the wake of its recent $2 million Series A capital raise, fintech startup EFTsure has entered into a collaboration agreement with PricewaterhouseCoopers (PwC), for an opportunity to mitigate the risk of electronic payment fraud for a larger pool of businesses. Founded in 2014, the Sydney-based venture has developed a software platform that validates the […]
