Forget government and investor support for the local startup ecosystem – in today’s world, you haven’t made it until you’ve got a reality show or documentary covering your every move. Highlighting the glamour – or lack thereof – of startup life, Luke Anear, founder and CEO of workplace safety software startup SafetyCulture, has poured his… Read more »
Qantas has revealed the cohort of startups and scaleups taking part in its first Avro accelerator program, run in partnership with Slingshot Accelerator. The 12 week program will see six startups and six scaleups work with various business units within Qantas Group to further develop and scale their businesses. Participants were selected according to their… Read more »
Edutech company Academy Xi has announced the closing of a $2.25 million Series A round, led by strategic investors Perle Ventures and Alium Capital. The funding, which follows a $250,000 seed round raised last year, will look to help further the work of the startup in its established bases of Sydney and Melbourne, and explore… Read more »
I recently enjoyed a very productive trip to Malaysia and Singapore, which was a great way to experience the startup scene there firsthand. It’s interesting how some of the trends in South East Asian countries are mirrored in Australia. If there’s any one single trait that defines the startup scenes in this part of the… Read more »
Ahead of handing down its new budget later this week, the Tasmanian Government has announced it will provide $1.36 million in funding over the next five years to assist global IT solutions company DXC Technology in expanding its presence in Hobart. The deal, which the government stated will help create 50 new jobs, comes two… Read more »
Many companies struggle with innovation. A typical strategy for a large corporate that wants to be more innovative is to engage a corporate accelerator for its employees. They may pay hundreds of thousands or millions to fund spots for a few employees in an externally run corporate incubator program. The problem is that it doesn’t achieve the… Read more »
All investment is about risk and reward. The higher the risk, the higher the potential reward – and, of course, the potential for failure. This potential for failure seems to be where many investors get caught. I can’t tell you how many times investors and venture capitalists (VCs) say to me, “I really like this… Read more »
They’re our biggest trade customer and have a market economy worth more than AU$10 trillion, but China is no longer just interested in our trade. They’re interested in our startups. Both the Australian and Chinese governments have actively committed to facilitating further involvement in Australian startups from China. And with our general relationship with China… Read more »
Country towns are stereotypically known for their close communities and friendliness, with neighbours always ready to give each other a helping hand. Launched late last year, The Rural Network is a platform looking to translate that community spirit online by bringing the task economy to the bush, starting with over 60 regional and rural communities… Read more »
After months of back and forth, the Australian Competition and Consumer Commission (ACCC) has today denied authorisation for the Commonwealth Bank, Westpac, National Australia Bank, and Bendigo and Adelaide Bank to collectively bargain with Apple around its Apple Pay service. The banks had sought permission to bargain as a group with Apple for access to… Read more »
The end of financial year rush may still be a few months off, but April 30 should be circled in bright red on every startup’s calendar: it’s the last day to submit your R&D Tax Incentive claim. Though startups are often working on products and services that may one day end up changing the world,… Read more »
In my early days as a sailor, one of my mentors told me that anyone can learn to be a sailor, but no one can teach you to be a seaman. Seaman are made through years of experience on the open ocean in an almost endless range of conditions and situations – days out to… Read more »
It’s the dream of many tech founders to spend some time in Silicon Valley, and a few months ago my startup, RefLIVE, was offered a place in the Austrade Landing Pad in San Francisco. Working out of RocketSpace, a coworking space in the financial district that housed startups like Uber, Spotify, and Duolingo in their… Read more »
The excitement of a new cabinet or new leadership is waning for the startup ecosystem – we’ve been here before. Folks it’s groundhog day. We will get our heads around the new order and we will respectfully make the procession to meet the new kids on the block and hear their vision for their portfolio’s… Read more »
The startup world is by nature, collaborative. An ecosystem filled with people offering to mentor, advise and fund even when there is initially nothing in it for them. This ‘pay it forward’ mentality is what’s driving the growth of Australia’s startup ecosystem and was instrumental in enabling my co-founder and I to get JESI off the… Read more »
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