Funding struggles stifle Aussie startup dreams
A staggering 70% of Aussies dream of ditching the 9-to-5 and becoming their own boss. However, this ambition is often stalled by a major roadblock: funding.
A staggering 70% of Aussies dream of ditching the 9-to-5 and becoming their own boss. However, this ambition is often stalled by a major roadblock: funding.
Australia’s peak startup body, StartupAUS, has expressed disappointment in a senate committee’s recommendation to exclude technology companies from legislation extending the copyright safe harbour scheme to a broader range of service providers. [Related: Startups to have easier access to global talent under new scheme being piloted by government] The report on the Copyright Amendment (Service Providers) […]
A new visa scheme will be piloted for 12 months from 1 July, this year, in a bid to attract highly-skilled global talent to Australia and boost the nation’s capacity for innovation, Minister for Jobs and Innovation, Michaelia Cash, has announced. [Related: If employers can’t import critical talent on visas, they’ll consider overseas hires, says […]
To unlock massive growth, business leaders must be comfortable with the idea of not only going global but also – when it makes sense for the company – moving beyond their initial idea and vacating the driver’s seat, according to Dr Jana Matthews, an international expert on entrepreneurial leadership and business growth. [Related: Why small businesses need […]
The launch of the Sydney Startup Hub, today, has coincided with an announcement that Microsoft has signed up as a tenant and will run its acclaimed Scale-Up accelerator program from the new $35 million facility. Announced by the NSW Government in July 2017, the Sydney Startup Hub was funded by Jobs for NSW, which anticipates […]
The Federal Government will “carefully consider” a strategy, prepared by Innovation and Science Australia (ISA), to transform Australia into a “top tier innovation nation” by 2030, Minister for Jobs and Innovation, Michaelia Cash has announced. Released this week, ISA’s Australia 2030: Prosperity Through Innovation report contains 30 recommendations for creating a high performing innovation system, […]
Blockchain, cryptocurrencies and e-wallets. Wearables such as Google Glass and fitness trackers. Sharing economy platforms. ConstructionTech. Machine learning and artificial intelligence. Bots, smart home devices and self-driving cars. Virtual and augmented reality. Big Data. Internet-connected fridges and other IoT gadgets. Depending on who you ask, some of these technologies are either ‘hot properties’ or ‘hot […]
Michaelia Cash’s appointment as Minister for Jobs and Innovation is welcome recognition that the two aspects are “closely linked’, according to StartupAUS CEO Alex McCauley. Noting there have been four Innovation Minister in less than two years, he said it was time for Australia to “get back on the front foot with innovation policy”. [See […]
Although it’s becoming easier for startups to raise capital in Australia, high-growth companies are hamstrung by a shallow pool of global talent, warned Alex McCauley, CEO of StartupAUS and lead author of the 2017 Crossroads Report. The report, a comprehensive review of the nation’s startup ecosystem, features a state-by-state brief on the progress of local startup […]
Australia’s peak advocacy group for startups, StartupAUS, has welcomed four new board members: Elaine Stead (MD, Blue Sky Venture Capital), Rachael Neumann (investment advisor and strategist), Attila Brungs (Vice Chancellor and President, UTS) and Aaron Birkby (CEO, Startup Catalyst). The newcomers join current board members Alex McCauley (CEO, StartupAUS), Teresa Engelhard (company director and investor), […]