By seeking out ‘smart capital’, as distinct from seed funding, early stage SMEs can enhance their business acumen, avoid unnecessary start-up mistakes and increase their appeal to prospective investors, according to Kylie Hammond, founder and CEO of Director Institute. “Smart capital is money from an individual or group of individuals who can, by sitting on an […]
A quartet of sharing economy founders have partnered to launch Australia’s first shareconomy accelerator in Sydney. The Sharing Hub will provide entrepreneurs with education, mentorship and investment opportunities, as well as a space for collaboration and sharing ideas, with the aim being to accelerate the life cycle of shareconomy startups. To promote the growth of […]
With over 710 million Internet users and 448 million online shoppers, China has the world’s largest Internet population and also the largest eCommerce market. Moreover, the country’s affluent middle class is growing, as is disposable income, and consumers are looking abroad for premium goods and services. With a presence in Beijing and Sydney, Aussie tech […]
The rise of the sharing economy has led to an evolution in consumer behaviour and the disruption of legacy industries. For some, it’s a threat. For others, it’s an opportunity to provide new solutions to old problems and thrive. If there’s one constant, it’s that people enjoy a good, homemade meal. A new ‘shareconomy’ player […]
Entrepreneurs start businesses to solve problems facing customers or to improve the way customer needs are satisfied. In the event that on-hand funding is insufficient to fully realise the potential of their proposed business, an entrepreneur will need to seek assistance from investors. Finding the right financial partner can be challenging. There are key things you should ask to […]
Launching a start-up is exciting. The long journey from conjuring the initial, embryonic concept to bravely sharing your business idea with someone else is now ‘ancient history’. Things are different now: an early business plan has been refined to give comfort to all stakeholders. Before you actually launch your start-up, it’s wise to review a pre-launch checklist to ensure you’re actually […]
Sydney-based healthtech start-up CancerAid has closed its Seed B funding round at $1.25 million, bringing its total valuation to $4.25 million. Founded in August 2015 by doctors Nikhil Pooviah and Raghav Murali-Ganesh of the Chris O’Brien Lifehouse cancer hospital, the company last month launched an app that manages a patient’s cancer journey, including their treatment and […]
EnergyAustralia has invested $9.3 million in Brisbane-based solar energy start-up Redback Technologies, establishing a partnership aimed at increasing the uptake of reliable, affordable and cleaner energy solutions among homeowners. Under the partnership, Redback’s integrated hardware and software technologies, which capture, store and manage solar energy, will be promoted to EnergyAustralia’s 1.7 million customers in Victoria, […]
The Federal Government has encouraged businesses to submit feedback on findings from Research and development (R&D) Tax Incentive Review report, released this week Undertaken by Chair of Innovation Australia Bill Ferris, Australia’s Chief Scientist Alan Finkel and Secretary to the Treasury John Fraser, the review had the purpose of identifying opportunities to “improve the effectiveness […]
Government initiatives, such as the Coalition’s Incubator Support initiative, are of huge benefit to Australia’s start-up ecosystem but there needs to be a greater focus on education for emerging business people, according to Jack Delosa, founder and CEO of the Entourage, a leading educator and community of entrepreneurs. Announced last week, the Turnbull Government’s Incubator […]
