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Entrepreneurship hinges on money and education: Report

10:24PM | Wednesday, 19 October 2011 | Michelle Hammond

Eighty percent of entrepreneurs believe governments should improve access to funding, a new report reveals, while 70% say students should follow specific entrepreneurial training.

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

VC firm to contribute to $150k YCombinator fund

10:22PM | Tuesday, 18 October 2011 | Michelle Hammond

US-based venture capital firm Andreessen Horowitz has teamed up with start-up incubator Y Combinator, promising to contribute $50,000 of the $150,000 awarded to every Start Fund participant.

 | Financing a business  | Venture Capital

Roamz launches following $3.5m funding drive

10:00AM | Tuesday, 18 October 2011 | Oliver Milman

Roamz, an Australian social media-driven location-based app, has debuted in California today after securing more than $3.5 million in funding prior to launch.

 | Financing a business  | Venture Capital

Veokami among 500 Startups’ latest intake

10:07PM | Monday, 17 October 2011 | Michelle Hammond

Australian-founded tech start-up Veokami is among the latest batch of companies to participate in the 500 Startups program, as it prepares for an investor pitch early next year.

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

Vic Gov pledges $55m for biotech as IBM plans R&D hub

10:01PM | Monday, 17 October 2011 | Michelle Hammond

The Victorian Government plans to spend more than $50 million on the state’s biotechnology sector, just days after IBM announced a new R&D lab to strengthen Victoria’s ICT industry.

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

Security franchise slashes fees by $50k as industry struggles continue

10:51PM | Monday, 17 October 2011 | Michelle Hammond

OzSpy Security Solutions is the latest franchise to heavily discount its start-up fees, reducing the establishment costs by $50,000, as recruitment issues continue to plague the industry.

 | Franchising  | Becoming a franchisee  | Financing a business

The price and value conundrum

10:41PM | Monday, 17 October 2011 | Greg Hayes

In a perfect market, price and value are the same thing. But we don’t operate in a perfect market. BY GREG HAYES.

 | Planning  | Business planning  | Growth  | Buy a business  | Financing a business  | Blogs  | Greg Hayes  | Planning stage  | Starting  | Growing

Make sure you’re asking your accountant the right tax questions

10:25PM | Monday, 17 October 2011 | Taskmaster

Failure to watch payroll tax issues can be fatal, as a prominent restaurant entrepreneur has discovered. Don't fall into the same trap.

 | Financing a business  | Tax  | Leadership

SA drug company wins $100k Enterprize competition

10:07PM | Friday, 14 October 2011 | Michelle Hammond

South Australian drug company Calpain Therapeutics is $100,000 richer after winning Enterprize, a University of Queensland competition held every year for start-ups.

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

Top Sydney chef Tony Bilson to shut restaurants after payroll tax bill forces him into administration

10:47PM | Friday, 14 October 2011 | Angela Priestley

It wasn't that regulars found other, more suitable venues for their power lunches, but rather an unexpected tax bill that brought Tony Bilson's ultimate creation, Bilson's Restaurant, to its knees.

 | Growth  | Growth Strategy  | Financing a business  | Cashflow  | Tax

Crowdsource design giant 99designs launches $99,999 student fund

10:42PM | Thursday, 13 October 2011 | Michelle Hammond

Crowdsource design giant 99designs has launched a $99,999 fund for design students, promising cash for winning entries, as it celebrates its 99,999th design contest.

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

New $3m fund for NSW creative digital projects

10:38PM | Thursday, 13 October 2011 | Michelle Hammond

The NSW Government has announced a new $3 million fund to support creative digital content, including electronic games and transmedia projects, offering recipients up to $250,000 each.

 | Financing a business  | Venture Capital  | Technology

Victorian Government to provide $6m for broadband projects

10:44PM | Wednesday, 12 October 2011 | Michelle Hammond

The Victorian Government will provide up to $6 million to projects that develop innovative broadband solutions, with applications now being sought from Victorian-based businesses.

 | Financing a business  | Venture Capital  | Technology  | IT

Abbott vows to repeal carbon tax

10:25PM | Wednesday, 12 October 2011 | Michelle Hammond

Opposition leader Tony Abbott has renewed his pledge to repeal the carbon tax, which passed through the House of Representatives yesterday, in a move that could compromise SMEs’ long-term plans.

 | Planning  | Business planning  | Financing a business  | Tax

Start some early carbon tax planning

10:06PM | Wednesday, 12 October 2011 | Taskmaster

While the vast majority of SMEs will not be directly impacted by the Gillard Government’s new carbon tax, it will pay to start thinking about the indirect impacts on your business.

 | Financing a business  | Tax

Business conditions and confidence improve amid rate cut talk

10:18PM | Tuesday, 11 October 2011 | Michelle Hammond

Business conditions perked up in September amid talk of an interest rate cut and the falling Australian dollar, the latest NAB survey shows, but global uncertainty is still having an impact.

 | Planning  | Business planning  | Financing a business  | Cashflow

Xero investor funds 10-month old start-up Go Vocab

10:22PM | Tuesday, 11 October 2011 | Michelle Hammond

Xero investor and serial entrepreneur Rowan Simpson has invested an undisclosed amount in New Zealand start-up Go Vocab, which plans to internationalise its online language platform.

 | Growth  | Growth Strategy  | Financing a business  | Venture Capital  | Technology  | Websites  | IT

Insolvencies soar 14% in August, second-highest reading on record

10:20PM | Monday, 10 October 2011 | Michelle Hammond

The number of companies entering external administration jumped nearly 14% to 1,049 in August, the second-highest reading on record, new figures show.

 | Planning  | Business planning  | Financing a business  | Cashflow

WeTeachMe founders go from strangers to Silicon Valley in six months

10:42PM | Friday, 7 October 2011 | Oliver Milman

An Australian start-up is currently touring Silicon Valley in a bid to secure $3 million in funding, just six months after the five founders met each other at a tech industry event.

 | Financing a business  | Venture Capital  | Technology  | Websites  | IT

Future Capital to open doors to new Melbourne start-up incubator

10:11PM | Thursday, 6 October 2011 | Oliver Milman

Future Capital Development Fund is set to expand its presence in the start-up incubation market by securing office space in Melbourne that will play host to up to 30 early-stage ventures.

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