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Melbourne-based incubator SeedLab hunts start-ups ahead of launch

11:07PM | Wednesday, 28 November 2012 | Oliver Milman

A so-called ‘open source’ Melbourne-based incubator is set to launch in February, aiming its sights at early-stage technology start-ups that are looking to work on undeveloped ideas.

Planning  | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Sole trader

Claims of a "tick and flick" approach by the ATO

11:54PM | Wednesday, 28 November 2012 | Cara Waters

A whistle-blower has made claims the ATO has neglected assessing cases by merit and adopted a quota criteria instead.

 | Legal matters  | Financing a business  | Cashflow  | Tax  | Leadership

Y Combinator reduces funding amount from $150,000 to $80,000

11:56PM | Tuesday, 27 November 2012 | Michelle Hammond

US incubator Y Combinator has reduced its investment amount from $150,000 to $80,000, underlining the plummeting cost of starting a business, especially in the tech sector.

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

Newly launched Crowd Valley offers DIY crowdfunding platforms

11:45PM | Tuesday, 27 November 2012 | Michelle Hammond

A new initiative called Crowd Valley says it wants to increase the level of democracy in the crowdfunding market, potentially offering a new path to funding for Australian start-ups.

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

Don’t handle your customer complaints like the ATO

11:35PM | Tuesday, 27 November 2012 | Taskmaster

Some people say Old Taskmaster is a cold-blooded animal. However, today I read something that made my blood boil, prior to it turning to steam and, ultimately, superheating into molten plasma.

 | Planning  | Business planning  | Growth  | Growth Strategy  | Financing a business  | Tax  | Leadership  | Managing people

GE’s low carbon challenge offers access to $10 million fund

11:02AM | Tuesday, 27 November 2012 | Michelle Hammond

Start-ups have until Friday to enter GE’s ecoimagination Challenge for low carbon solutions, which, in addition to prize money, will see entrants gain access to a $10 million investment fund.

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

Australia’s start-up scene fuels surge in VC activity: Report

11:00AM | Tuesday, 27 November 2012 | Michelle Hammond

Australia’s venture capital industry experienced an increase in both investment value and volume in the 2012 financial year as a result of the growing start-up scene, according to a new survey

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

Food and travel outshine “traditional” retail as sales rise 3.6%

11:34PM | Monday, 26 November 2012 | Michelle Hammond

Small business sales rose by 3.6% over the year to the three months to October, according to the latest ANZ report, as food and travel-related services continue to outshine “traditional” retailers.

 | Planning  | Business planning  | Financing a business  | Cashflow  | Sole trader

Is your university on the money?

11:06PM | Monday, 26 November 2012 | Michelle Hammond

University start-ups are a big deal in the US. They are now starting to emerge as a force on the Australian start-up scene as well. BY MICHELLE HAMMOND.

 | Growth  | Financing a business  | Venture Capital  | Business advice and education

Eskimo Joe turns to Pozible for latest album

11:58PM | Friday, 23 November 2012 | Michelle Hammond

Australian band Eskimo Joe is using Pozible to fund its next album, with the aim of raising $40,000 via the online crowdfunding platform.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | How I did it

Melbourne entrepreneur Kris Bondin launches new TV program

11:46PM | Friday, 23 November 2012 | Michelle Hammond

A Melbourne entrepreneur has produced a national television program titled Money and Your Life, which enlists the help of experts to help families and businesses improve their finances.

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

We’re in the money: Moneytribe raises another $250,000

11:43PM | Friday, 23 November 2012 | Michelle Hammond

Melbourne-based business Moneytribe has taken its total funding pool to more than half a million dollars after raising a further seed investment of $250,000 from current investors.

 | Financing a business  | Venture Capital  | Technology  | Websites

When the taxman comes knocking

11:49PM | Friday, 23 November 2012 | Greg Hayes

For many businesspeople, nothing is scarier than a visit from the taxman. However, knowing what to expect and how to best manage an audit will make it less of a worry. BY GREG HAYES.

 | Financing a business  | Tax  | Blogs  | Greg Hayes

Rags to riches to rags again?

11:39PM | Friday, 23 November 2012 | James Thomson

SmartCompany editor James Thomson took time out from his busy schedule to talk to Today Tonight about the debt problems suffered by Nathan Tinkler, the former tradie who became Australia’s youngest billionaire.

 | Planning  | Business planning  | Legal matters  | Financing a business  | Cashflow  | Tax  | Insurance  | Leadership  | Managing people

Mobile app venture biNu adds $4.3 million to money pool

11:00AM | Friday, 23 November 2012 | Michelle Hammond

Sydney-based start-up biNu has snagged $4.3 million from investors including 500 Startups, having already received funds from Google’s Eric Schmidt and Seek co-founder Paul Bassat.

 | Financing a business  | Venture Capital  | Technology

US start-ups raise five times more capital than Aussies: Report

11:20AM | Thursday, 22 November 2012 | Michelle Hammond

US-based companies raise almost five times more capital than Australian companies in the early stages, according to a new report, which also shows that Sydney remains our largest start-up hub.

 | Business planning  | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Sole trader

WA company smashes $20,000 crowdfunding target for folding boat

11:00AM | Wednesday, 21 November 2012 | Michelle Hammond

Western Australian company Quickboats has smashed its target on crowdfunding website Indiegogo.com, having already raised more than $1 million this year, as it seeks to go global with its high-tech folding boat.

 | Growth  | Financing a business  | Venture Capital  | How I did it

Start-ups often underestimate fundraising process: Starfish Ventures boss

11:30PM | Tuesday, 20 November 2012 | Michelle Hammond

Start-ups often underestimate the time required to raise capital, says the co-founder of Starfish Ventures, following a $2 million investment in an email and web communication company.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | How I did it

Ireland looks to lure Aussie start-up with incubator program

11:24PM | Tuesday, 20 November 2012 | Michelle Hammond

The Irish Government is offering an Australian start-up the chance to participate in prestigious incubator program LaunchPad, after launching a venture capital fund for offshore companies.

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

Five key reasons why start-ups fail

11:25PM | Tuesday, 20 November 2012 | Oliver Milman

In a recent speech, Malcolm Turnbull lamented that too many start-ups fail in their early stages. Here are five common reasons why businesses fail. BY OLIVER MILMAN.

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