Financing a business



New Australian equity crowdfunding platform set to launch as federal government considers reforms

7:24AM | Monday, 7 July 2014 | Andrew Sadauskas

A new Australian equity crowdfunding platform called Equitise is gearing up for launch, as the federal government considers the recommendations handed down in the recent CAMAC report.

Planning  | Business planning  | Growth  | Financing a business  | Venture Capital

Stokes to join Packer and Murdoch in possible SocietyOne investment

7:53PM | Friday, 4 July 2014 | Andrew Sadauskas

Seven Group Holdings chairman Kerry Stokes is rumoured to have joined a consortium of high-profile business and media figures planning an investment in peer-to-peer lender SocietyOne.

 | Growth  | Financing a business  | Venture Capital

The one place where the number of female founders are kicking male ones

7:48PM | Thursday, 3 July 2014 | Kye White

Projects with female founders are more likely to be successfully kickstarted than projects with male founders.

 | Cashflow

Startups a beacon of hope for snack food giant’s quest to change its culture

7:37PM | Thursday, 3 July 2014 | Kye White

Are beacons the future for snack food companies? You might think so given they were the common theme amongst the startup pitches at Mondelez International’s Mobile Futures Pitch in Melbourne this week.

 | Financing a business

Australians leading the charge on crypto-currency

7:19PM | Thursday, 3 July 2014 | Kye White

While the Australian Tax Office labours over whether or not it should classify bitcoin as money or property, here are some of the Australian companies and individuals already operating on the cutting edge of the crypto-currency space.

 | Financing a business  | Cashflow

Tapping the super pool: venture capital investments for self-managed funds

7:14PM | Wednesday, 2 July 2014 | Darren Withers

The self-managed super funds sector now has over a million members and controls the largest share of Australian superannuation at $495 billion.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Melbourne-based bitcoin fund lost $70,000 in a cyber-attack caused by US Marshals Service

7:15PM | Tuesday, 1 July 2014 | Kye White

A mistake by the US Marshals Service has led to Melbourne-based bitcoin arbitrage fund Bitcoins Reserve losing 100 bitcoins, valued at around $70,000, in a cyber-attack, according to co-founder Sam Lee.

 | Financing a business

Australia, an expensive home for startups

7:53PM | Tuesday, 1 July 2014 | Kye White

Both Sydney and Melbourne are almost as expensive as San Francisco for startups and their founders, according to the Expatisan Cost Of Living Index.

 | Financing a business  | Cashflow

The good news about bad debts

7:46PM | Tuesday, 1 July 2014 | Chris Ridd

There’s nothing worse than not getting paid for your hard work. But while it is disappointing, there is some consolation for small business owners: you can claim the bad debt as a tax deduction.

 | Financing a business  | Venture Capital

StartupAUS and AVCAL call government to task for funding shortfall

6:32PM | Monday, 30 June 2014 | Kye White

StartupAUS and the Australian Private Equity and Venture Capital Association (AVCAL) have called on the federal government to ensure adequate funding is provided to the Commercialising Ideas stream of the Entrepreneurs’ Infrastructure Program.

 | Planning  | Financing a business  | Venture Capital  | Government and Regulation

Canberra-based accelerator program announces 2014 program participants

6:46AM | Monday, 30 June 2014 | StartupSmart

Five Canberra-based businesses have been accepted into the inaugural 2014 GRIFFIN Accelerator program.

 | Venture Capital

Nimble closes $10 million funding round, with big institutional investors on board

6:44PM | Wednesday, 25 June 2014 | Kye White

Short-term loan provider Nimble has closed a $10 million funding round which will be used for loan funding, improving its technology platform and customer experience, and marketing.

 | Growth  | Financing a business  | Venture Capital

Australian banks need to get serious about bitcoin before it’s too late

6:23PM | Tuesday, 24 June 2014 | Kye White

The Australian banking and financial sector need to take Bitcoin seriously if they don’t want to be left behind, according to Coinjar co-founder and chief executive officer Asher Tan.

 | Financing a business  | Technology

LIFX closes Series A funding round - $12m

6:09AM | Tuesday, 24 June 2014 | StartupSmart

LIFX, the innovations company behind the award-winning Wi-Fi enabled, multi-color LED light bulbs, today announced that it has partnered with Sequoia and raised $12m in Series A funding.

 | Venture Capital

Four alternative ways you can fund your startup

6:33PM | Monday, 23 June 2014 | Nina Hendy

From growth hacking to moving overseas, there is more than one way to raise money for your fledgling startup. Here are four ways to do it.

 | Growth  | Financing a business  | Sole trader

Zippy app raises funds to grow market awareness and develop beacon technology

6:02PM | Monday, 23 June 2014 | Kye White

Brisbane startup has raised $500,000 in angel investment to increase market awareness and uptake of the company’s Zippy app and accelerate the development of its Bluetooth Low Energy beacon technology.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital

Big banks can innovate too

6:06PM | Thursday, 19 June 2014 | Kye White

The big banks are becoming more and more interested in the innovation that startups can offer, according to MOGO founder and chief executive officer Andrew Clouston.

 | Financing a business

Show me the money! Four Australian disruptive financial services startups to watch

6:43PM | Wednesday, 18 June 2014 | Bronwen Clune

According to SEEK co-founder and Square Peg chief executive Paul Bassat, payments are the “holy grail of innovation”.

 | Growth  | Financing a business

The secret backdoor to ASX listings

6:45PM | Tuesday, 17 June 2014 | Andrew Sabo

For start-ups with genuinely disruptive ideas, robust business models and proven profits, there is the potential to list on the Australian Stock Exchange through a ‘reverse take-over’. Here are some examples.

 | Financing a business

Google partners with Fishburners to roll out its entrepreneurs program

6:52AM | Tuesday, 17 June 2014 | Bronwen Clune

Google has partnered with incubator Fishburners, in a six figure deal, to implement its startup outreach program Google for Entrepreneurs to help facilitate the growth of the startup community.

 | Venture Capital  | Workspace