A fintech start-up accelerator has received a $2 million loan guarantee from Jobs for NSW, the state government-backed job creation agency, to access $4 million in funding to grow up to 40 new companies. H2 Ventures will invest $100,000 in each start-up for a 10% equity stake. The start-up accelerator, which has a focus on […]
Innovation was the key word in 2016, supported by a bipartisan government agenda and highlighted through much success in the space, such as RedBubble’s $288 million IPO. In 2017, we should expect to see a new maturity coming to the market, with start-ups moving into scale-up territory, and – due to the government’s late-2016 commitment to […]
A personal tragedy led prominent hospitality figure, Ramzey Choker, to reimagine what was possible in his industry. The result? The Grounds of Alexandria – an immersive, acre-sized venue in Sydney’s Inner West that continues to defy categorisation and attract crowds nearly five years on. From a very young age, Choker worked in his father’s Alexandria-based […]
Yes, you read that right. It’s time to ditch that 30-page document and put it in the bin where it belongs. Professionals agree that writing a formal business plan is not the best strategy, most especially for SMEs that have limited time and resources. Not having a business plan doesn’t mean you’re going to spend […]
The South Australian Government will spend $2.4 million over four years on generating at least 14 tech start-ups from work being undertaken by universities and research organisation According to Manufacturing and Innovation Minister, Kyam Maher, the South Australian Rapid Commercialisation Initiative (SARCI) will see commercialisation experts drive license deals between the research sector and industry, with […]
Buoyed by $8 million in seed funding, Yanir Yakutiel launched a fintech start-up in November, last year, to assist small businesses under-serviced by banks and other traditional lenders. The former finance and shipping expert spoke to Dynamic Business about Sail, including the process of raising capital and its participation in the Tel Aviv Landing Pad […]
Together with his co-founder Simon Cohen, Ben Handler has grown Cohen Hander from a two-man property buyers’ agent team into an industry-leading agency. The duo found success by identifying – and actively addressing – a gap in the Australian property market. However, Ben also credits yoga, quantum physics, adland and the 14th Dalai Lama with the […]
Talk of a looming recession is being shrugged off by SME operators, according to the latest Business Monitor from accounting software provider MYOB. The bi-annual survey of more than 1000 SME operators found that 26% expect the economy to improve over the next year, while a further 33% expect it to remain the same. The […]
Entrepreneurship is a lifelong learning process, with the incredible highs AND the devastating lows each offering lessons that help determine the way forward in business. While deconstructing setbacks can be painful, any failure you don’t learn from in business is a wasted opportunity. Here, six Aussie entrepreneurs share their key regrets in business from 2016 and how […]
As a savvy entrepreneur, you know that your brilliant start-up idea, together with your visionary approach to a certain industry niche, is going to need a strong financial backbone. Capital is pretty hard to come by in this day and age, and your start-up needs to grow or have a soft cushion to land on in case […]
