There is a stigma about having an unsuccessful startup as it can quickly go from excitedly telling others about your idea to explaining why you have moved back in with your parents. But failing a startup shouldn’t be viewed so negatively by those in the business world or by others. Many budding entrepreneurs who decide […]
If you picture some of history’s most powerful businesses – General Motors, Microsoft, Walmart – a few traits come to mind. They had size and dominance and seemingly endless resources. They had a ‘top-down’ approach in dealings with both employees and customers, took a protectionist attitude to their IP and moved at their own pace. […]
Ten Australian companies have been named amongst the top 100 fintechs globally, with three – Prospa, zipMoney and AfterPay Touch – landing a place inside the top 50. The Fintech100 report, now in its fourth year, is a collaboration between KPMG and fintech investment firm H2 Ventures that recognises innovative fintechs. It consists of two […]
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 […]
Spacer is vying to become the dominant marketplace for storage, parking and warehouse space in Australia, today announcing that it has acquired Melbourne-based startup Parkhound and completed a $2.7m in Series A funding round. Founded by former private equity professional Roland Tam and ex-Deals Direct CEO Michael Rosenbaum, Spacer has raised $5 million in funding from angel […]
The idea of having to develop a groundbreaking innovation can seem as terrifying as it is exciting to many entrepreneurs. Innovation is risky and won’t always go to plan. However, there’s no need to worry, because successful innovation isn’t about being perfect, it’s about continual improvement. Don’t get stressed about the risk: get excited instead. […]
The Queensland Government is granting four industry-focussed business accelerators access to a $9 million fund to create jobs and rapidly grow up to 120 early stage businesses and start-ups between them. BlueChilli, Innovation Centre Sunshine Coast, QUT Creative Enterprise Australia (CEA) and Unearthed are the first four accelerators to receive funding from the Advance Queensland […]
Five Aussie start-ups have taken up residence in San Francisco, where the Federal Government has just launched its first ‘Landing Pad’ for home-grown innovators. Australia’s Consul General and Senior Trade and Investment Commissioner in San Francisco, Chris Oldfield, said the new Landing Pad would put Australian entrepreneurs and start-ups ‘at the heart of technology and […]
Riding the next wave of digital disruption is an opportunity for small businesses to better engage customers, according to Jenny Wilson, Partner – Customer Strategy and Insights Practice at Deloitte Australia. She spoke to Dynamic Business ahead of her appearance at Networx Sydney’s #nxsydDISRUPTED event in Sydney on Monday, 8 August. Solving problems in an innovative […]
Some of Australia’s largest tech firms have united with more than 40 startups to launch TechSydney – a not-for-profit group aimed at transforming Sydney into Australia’s Silicon Valley. According to TechSydney CEO and Spreets founder Dean McEvoy, the group will work to address the Sydney innovation ecosystem’s greatest challenge: collaboration. Despite efforts from major tech […]
