Financing a business



ESVCLP: “Elegant and farsighted” but is it effective?

11:03PM | Thursday, 6 November 2014 | Kye White

The capital required for a venture capital fund to become a registered early stage venture capital limited partnership (ESVCLP) should be reduced from $10 million to $5 million in order to improve early stage funding in Australia, according to Artesian Venture Partners COO Tim Heasley.

Financing a business  | Venture Capital  | Government and Regulation

Carnegie’s Den finalists announced as aggregations services shine

11:37PM | Thursday, 6 November 2014 | Kye White

ComWriter, Performance Centre, Productify and Pointsbuild have been named as the four finalists for the latest Carnegie’s Den.

 | Venture Capital

Cryptocurrency tipping could be the key to monetising online content

11:29PM | Thursday, 6 November 2014 | Kye White

Dogecoin and cryptocurrencies could offer the best solution to monetising online content, a problem that has plagued the media for years, according to Blackbird Ventures managing director Rick Baker.

 | Financing a business  | Venture Capital

Boosting the commercial returns from research: the missing link

11:42PM | Wednesday, 5 November 2014 | Kar Mei Tang

AVCAL has long advocated for a stronger nexus between publicly funded research and real economic outcomes.

 | Financing a business

ASX investors increasingly interested in tech IPOs

10:09PM | Friday, 31 October 2014 | Alexandra Galin

As investors look to diversify from struggling resources stocks, the technology sector is increasingly becoming a preferred destination for Australian capital.

 | Financing a business  | Venture Capital

Labor MP Husic urges government to act on equity-based crowdfunding regulation

10:34PM | Wednesday, 29 October 2014 | Kye White

Federal Labor MP Ed Husic has called on the federal government to introduce equity-based crowdfunding regulation as quickly as possible.

 | Financing a business

How do convertible notes work?

10:01PM | Wednesday, 29 October 2014 | Lachlan McKnight

Startups often raise their first round of capital using a convertible note structure. A convertible note is a debt/ equity hybrid structure which, if well structured, is a flexible, simple and cost-effective way to raise a seed round.

 | Financing a business

BlueChilli launches fund and announces its first investments

10:48PM | Wednesday, 29 October 2014 | Bronwen Clune

BlueChilli last night launched its first venture capital fund of $10 million, with the aim to invest in vetted companies that have gone through its incubator program.

 | Venture Capital

Hackett investment has shifted Australian aviation app into full throttle

10:59PM | Friday, 24 October 2014 | Andrew Sadauskas

Aviation app developer Avsoft is gaining altitude across Australia, New Zealand and the US following an investment from entrepreneur Simon Hackett, with the company recently releasing an entry-level version of its CASA-approved app for Android devices.

 | Growth  | Financing a business  | Venture Capital  | Technology

Oneflare secures $1 million investment to fund UK expansion

10:29PM | Friday, 24 October 2014 | Andrew Sadauskas

Local services marketplace Oneflare has secured an additional $1 million in funding as the service begins preparations for international expansion.

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

Perth’s Spacecubed raises over $50,000 in crowdfunding for new Level 9 coworking space

10:24PM | Friday, 24 October 2014 | Andrew Sadauskas

Perth coworking space Spacecubed has successfully raised over $50,000 in a crowdfunding campaign to open up a new space on level nine of its main St Georges Terrace venue.

 | Growth  | Financing a business  | Venture Capital  | Leadership  | Workspace

Y Combinator coming to Melbourne for the above all human conference

10:44PM | Thursday, 23 October 2014 | Broede Carmody

World-renowned startup accelerator Y Combinator is coming to Australia as part of Melbourne’s above all human conference put on by Startup Victoria.

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

Strength in diversity for muru-D’s second intake of startups

10:38PM | Thursday, 23 October 2014 | Kye White

Telstra-backed accelerator muru-D has announced the 11 startups that make up its second class, and they’re the most diverse batch of entrepreneurs co-founder Annie Parker has ever been involved with in such a program.

 | Financing a business  | Venture Capital

What do I need to do to claim the R&D tax incentive?

10:37PM | Wednesday, 22 October 2014 | Melanie Reen

If you are an Australian company eligible to pay tax, and you are manufacturing or developing new or improved technical services, then you may be eligible to make a claim for the R&D tax incentive.

 | Growth  | Tax

Venture capitalists need to better understand failure for an ecosystem to thrive, says Steve Blank

10:24PM | Tuesday, 21 October 2014 | Kye White

In a true, thriving startup ecosystem, venture capitalists understand failure, according to Steve Blank, the academic and entrepreneur who popularised the lean startup movement.

 | Venture Capital

Aussie social network to spring onto ASX with reverse listing

10:50PM | Tuesday, 21 October 2014 | Kirsten Robb, an Australian question-and-answer-based social networking site with five million regular monthly visitors, is looking to raise up to $5 million and hopes to list on the Australian Securities Exchange by November.

 | Financing a business  | Social media

The $100 million boost to the Australian startup economy

10:02PM | Monday, 20 October 2014 | Kye White

Venture capital firm OneVentures has announced the first close on its Innovation and Growth Fund II, which is set to inject $100 million into the Australian Series B and Series C venture capital landscape.

 | Financing a business

Rich Listers back app to the tune of $5 million to take on taxi industry

10:51PM | Monday, 20 October 2014 | Broede Carmody

A taxi booking app backed by the likes of Paul Bassat and James Packer has raised around $5 million over the weekend in a bid to further disrupt Australia’s $5.4 billion taxi industry.

 | Financing a business  | Venture Capital

Australian tech company taking market by storm, files for IPO

10:26PM | Friday, 17 October 2014 | Andrew Sadauskas

Aeeris, the company that operates Australia’s only national location-based weather and hazards early warning service, is seeking to raise $6 million through an initial public offering (IPO) on the ASX.

 | Growth  | Financing a business  | Venture Capital  | Technology

ScriptRock cofounder tells entrepreneurs to “have an open mind” at startup events as Tech23 approaches

10:28PM | Friday, 17 October 2014 | Andrew Sadauskas

The cofounder of Australian IT DevOps company ScriptRock, Mike Baukes, says an open mind is the key to getting the most out of startup events such as Tech23, which can be an important networking opportunity for emerging entrepreneurs.

 | Growth  | Financing a business  | Venture Capital  | Technology