Financing a business



Phone startup rethinking keys off to Brazil for accelerator program

3:25PM | Tuesday, 18 March 2014 | Rose Powell

Dextr, an Australian startup offering an alphabetically-ordered keyboard for mobile phone, has been accepted from over 1400 applications to join an accelerator program in Brazil.

Financing a business  | Venture Capital

Will a new $50 million tech investment company fix the Australian capital crunch?

3:56AM | Tuesday, 18 March 2014 | Rose Powell

Daniel Petre and Craig Blair are raising funds for a $50 million fund rumoured to focus on tech investments of between $2-5 million, but the news has failed to impress startup luminaries.

 | Financing a business

Australian VC funding gets Turnbull’s attention

3:20PM | Monday, 17 March 2014 | Bronwen Clune

Australia’s lack of serious venture capital was thrown in the spotlight last week with a public exchange between two leading Australian tech figures, sparking an invitation to discuss the issue from Malcolm Turnbull.

 | Financing a business  | Government and Regulation

Australian game developer picks up $150,000 at Samsung app challenge in the US

3:26PM | Friday, 14 March 2014 | Rose Powell

Mark White’s Tasty Tadpole game took two years to build as he crammed in the coding around a full-time job in advertising.

 | Financing a business  | Venture Capital  | Technology  | Social media

Accelerator program for financial tech start-ups launches in Sydney

3:53PM | Friday, 14 March 2014 | Rose Powell

An accelerator with $1 million to invest in 10 financial tech start-ups has been launched in Sydney this week by Communications Minister Malcolm Turnbull.

 | Financing a business  | Venture Capital

Breezedocs receives $250,000 in Commercialisation Australia funding

3:09PM | Thursday, 13 March 2014 | Rose Powell

Automated document processing start-up Breezedocs has locked in a $250,000 grant from Commercialisation Australia, the federal government’s venture capital organisation.

 | Financing a business  | Business Grants

10 start-ups graduate from Queensland’s iLab incubator

3:03PM | Thursday, 13 March 2014 | Rose Powell

The start-up founders who graduated last night from Queensland’s ilab technology incubator Germinate program have had an intense three months of planning and pivots.

 | Financing a business  | Venture Capital

The Awesome Foundation passes $500,000 donated and announces March as mega grant month

3:39PM | Tuesday, 11 March 2014 | Rose Powell

The Awesome Foundation, a worldwide initiative that holds monthly pitching evenings and gives $1000 to the best idea, has passed over half a million US dollars donated.

 | Financing a business

Bitcoin's bumpy week: Australian investors still confident about crypto-currency start-ups

3:29PM | Friday, 7 March 2014 | Rose Powell

The bitcoin rollercoaster continues with Japan planning to regulate transactions, two bitcoin exchanges hacked, and a chief executive found dead in Singapore.

 | Financing a business

Kickstarter passes $US1 billion in pledges

3:24PM | Wednesday, 5 March 2014 | Gavin Lower

Crowdfunding platform Kickstarter has this week celebrated passing $US1 billion in pledges for projects around the world, with Australia the fourth largest country for the value of funds promised.

 | Financing a business

Newcastle accelerator Slingshot graduates: How they’ve grown and what’s next

3:16PM | Tuesday, 4 March 2014 | Rose Powell

Seven founders will pitch their start-ups tonight at the demo event of Newcastle accelerator program Slingshot.

 | Financing a business  | Venture Capital

99designs early investors back customer service software start-up with $250,000

3:23PM | Monday, 3 March 2014 | Rose Powell, a start-up providing targeted technical customer service online, has announced a successful seed-funding round from investors who have all previously backed start-up powerhouse 99designs.

 | Financing a business

Westpac aims to get ‘disruptive’ with launch of $50 million venture capital fund

3:11PM | Monday, 3 March 2014 | Rose Powell

Westpac has launched Reinventure, a $50 million fund seeking early stage technology start-ups to back.

 | Financing a business

Push to reform taxation of employee share scheme gathers steam

3:54PM | Monday, 3 March 2014 | Paul Pennay

Momentum behind the campaign to change how employee share schemes are taxed is increasing, with government MPs set to be briefed later today by a lobby group which says the government should simplify the current arrangements.

 | Tax

Finding cash for a business by re-mortgaging your home: Start-ups are Scary

2:36AM | Friday, 28 February 2014 | Rose Powell

Belinda Jennings had to run her fair share of risk to launch the business, including re-mortgaging her home and quitting her job with two kids aged under three.

 | Financing a business

Australian bitcoin experts on the impact of the digital currency’s disastrous week

2:52PM | Wednesday, 26 February 2014 | Rose Powell

After months of rising value and hype, the world’s first digital only currency, bitcoin, has weathered a tumultuous week with a virus stealing thousands of coins and major exchange Mt Gox disappearing this week.

 | Financing a business

Infra-red tech company takes out top honours at angel investors’ pitching event

2:46PM | Wednesday, 26 February 2014 | Rose Powell

MP High Tech Solutions, a start-up developing thermal imaging sensors for smart buildings and electronics, was celebrated as the most promising start-up at an angel investors’ dinner run by incubator Innovation Bay last night.

 | Financing a business  | Venture Capital

Gold Coast incubator off to Silicon Valley with a troop of start-ups

2:55PM | Tuesday, 25 February 2014 | Rose Powell

Silicon Lakes, a Gold Coast incubator and co-working space has announced a trip to Silicon Valley with several local start-ups set to launch in the coming months.

 | Innovation  | Financing a business  | Venture Capital  | Cashflow

Start-ups sought to pitch to enterprises at Australia’s largest agile development conference

2:52PM | Monday, 24 February 2014 | Rose Powell

The Agile Australia conference gathers together thousands of developers and business leaders to discuss the power of the agile development approach and best practice approaches.

 | Financing a business

Two tax mistakes that can break a start-up

2:00AM | Monday, 24 February 2014 | Rose Powell

According to tax expert Ryan Tietjens, a couple of common mistakes can quickly quash a start-up’s chances of making it big. Here are the two biggest issues he deals with as an accountant – and how you can avoid them.

 | Tax  | Sole trader