Thursday, 23 February 2012
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By
It’s undeniably tempting if a close friend or family member offers you funds for your business venture. The money is usually interest and red tape free, provided when you need it and you won’t be sleeping on a park bench if you can’t repay it.
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Thursday, 23 February 2012
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By
There is a range of grants available to start-up businesses at federal, state and even council level, but be aware that you may have to go through a difficult and complex procedure to secure one.
Thursday, 23 February 2012
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By
Like any kind of business relationship, you will have to balance professional diligence with good communication skills if you are to get the most out of your link-up with an investor.
Thursday, 23 February 2012
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By
Although banks still provide the bulk of start-up funding in Australia, there is a thriving angel investor and venture capital market that is suitable for certain types of companies.
Thursday, 23 February 2012
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By
Banks strive to paint themselves as an ally of Australian entrepreneurialism and every major bank will have a dedicated small business unit.
Thursday, 23 February 2012
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By
Michelle Hammond
Land travel marketplace Jayride.com has secured $400,000 in funding from local investors, including angel investor Andrey Shirben, as it prepares to crack the UK market.
Wednesday, 22 February 2012
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By
Michelle Hammond
AngelCube graduate Goodfil.ms has raised $150,000 from a host of investors sourced through Aurelius Digital and AngelCube itself, but hasn’t ruled out looking overseas for further funding.
Tuesday, 21 February 2012
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By
Michelle Hammond
AngelCube, the Melbourne-based incubator, will open applications for its second round of start-ups tomorrow, increasing its intake to eight teams, with a special interest in marketplace concepts and software-as-a-service.
Tuesday, 21 February 2012
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By
Oliver Milman
Thereitis.com, an Adelaide-based tech start-up, has secured $2 million in angel funding from local investors, as the business gears up for rapid expansion across the globe.
Friday, 17 February 2012
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By
Michelle Hammond
A US-based start-up is planning to open thirty stores on the same date and at the same time, using crowdfunding to finance the rapid expansion, suggesting start-ups here can do the same.
Thursday, 16 February 2012
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By
Oliver Milman
Investment firm CVC Ltd has launched a search for tech start-ups to acquire, with plans to plough between $100,000 to $5 million into suitable ventures.
Thursday, 16 February 2012
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By
Michelle Hammond
Australian start-ups suffer from a conservative approach by investors, rather than a lack of funds, industry experts have claimed, as they prepare to speak at the National Angel Conference.
Tuesday, 14 February 2012
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By
Michelle Hammond
An Australian tech entrepreneur has sung the praises of US-based crowdfunding platform Kickstarter, after his start-up Ninja Blocks smashed its $24,000 target in just one weekend.
Monday, 13 February 2012
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By
Michelle Hammond
Australian start-up are struggling to commercialise themselves, often because entrepreneurs fail to properly articulate their ideas to potential investors, claims the new chairman of the peak venture capital body.
Friday, 10 February 2012
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By
Michelle Hammond
Social enterprise start-ups in Melbourne can now apply for the latest round of grants from the City of Melbourne, including funding and mentoring, to the tune of $25,000.
Wednesday, 08 February 2012
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By
Michelle Hammond
The NSW Government has thrown its support behind tech entrepreneurs wishing to crack the US market, helping start-ups cover the cost of living and working at Startup House in San Francisco.
Wednesday, 08 February 2012
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By
Marc Peskett
In the early stages of your business, you need to invest in growth. But long-term, you need to be profitable. So when should you stop investing in growth and start maximising your profits? BY MARC PESKETT.
Wednesday, 08 February 2012
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By
Michelle Hammond
A tourism lobby group has renewed calls for the government to create more incentive for entrepreneurs to invest in tourist facilities, amidst the high local dollar and a $7.2 billion deficit.
Tuesday, 07 February 2012
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By
Michelle Hammond
More than 25 businesses will share in $10.4 million in the latest round of Commercialisation Australia grants, with 11 of the winners coming from the ICT sector.
Friday, 03 February 2012
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By
Michelle Hammond
Credit reporting service CreditorWatch has secured funding from Nightingale Partners in what is understood to be a multimillion deal, as it sets its sights on major clients including the big banks.
Thursday, 02 February 2012
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By
Oliver Milman
Rezdy, a six-month-old web start-up, has secured $250,000 in funding from Grand Prix Capital ahead of an ambitious global growth plan over the next year.
Thursday, 02 February 2012
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By
Michelle Hammond
Accountancy software company Xero has raised $15 million to fund global growth and has made its first acquisition for the year, snapping up Max Solutions in a deal worth almost $5 million.
Thursday, 02 February 2012
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By
Michelle Hammond
American radio host Ryan Seacrest has raised his profile as a celebrity-turned-entrepreneur, after his investment company received $300 million to invest in other media companies and projects.
Wednesday, 01 February 2012
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By
Michelle Hammond
Pollenizer-backed start-up Pygg has raised $600,000 in six months from a host of investors, including Yahoo!7 chief Rohan Lund and Tim Howard of Seven Network’s Vividwireless.
Tuesday, 31 January 2012
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By
Michelle Hammond
Applications close today for the Springwise Wildcard scheme, which will see start-ups travel to Amsterdam to participate in the Rockstart accelerator program.