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Australian start-up StethoCloud snags $75,000 grant from Microsoft

12:00AM | Thursday, 6 December 2012 | Michelle Hammond

An Australian start-up that developed a solution to diagnose childhood pneumonia has won a $75,000 grant after being named the runner-up of the Microsoft Imagine Cup Grants program.

oZAPP Awards targets budding developers with $300,000 prize pool

12:00AM | Wednesday, 5 December 2012 | Michelle Hammond

Smartphone chipmaker Qualcomm will contribute $US100,000 to the prize pool of the upcoming oZAPP Awards, which are aimed at emerging Australian app developers, taking the total up to $300,000.

Why VC firms now take start-ups seriously

12:15PM | Tuesday, 4 December 2012 | Mahesh Sharma

There has been a seachange in how Australian VC firms view start-ups. The reasons behind this change hold vital insights for start-ups looking for finance. BY MAHESH SHARMA.

COSBOA attacks Ken Phillips' claims that it's controlled by big tobacco

12:05PM | Tuesday, 4 December 2012 | Cara Waters

COSBOA has fought back against claims made by its former chairman, Ken Phillips, that the organisation is controlled by tobacco companies.

Tech start-ups urged to go Dutch with Startupbootcamp Amsterdam

12:41PM | Monday, 3 December 2012 | Michelle Hammond

Another European funding avenue for tech start-ups has opened up, with Startupbootcamp Amsterdam offering teams €15,000 in seed funding and the opportunity to pitch for more.

Beware of the banker

12:21PM | Monday, 3 December 2012 | Taskmaster

Earlier today, Taskmaster Enterprises received an email purportedly coming from one of the big four banks. For good reason, Old Taskmaster was wary.

Peter Thiel-backed fund pours further investment into Xero

12:00AM | Monday, 3 December 2012 | Michelle Hammond

Valar Ventures, a fund backed by PayPal co-founder Peter Thiel, has joined another firm to invest an additional US$49 million into cloud-based start-up Xero.

Start-up lessons from the US Cleantech Open Global Forum

11:41PM | Friday, 30 November 2012 | Michelle Hammond

The director of Sydney clean tech start-up enLighten has outlined some key tips for companies doing business in the United States, after attending the Cleantech Open Global Forum.

How I built the Amazon empire: Four top tips from Jeff Bezos

11:35PM | Friday, 30 November 2012 | Michelle Hammond

Start-ups should respond to skepticism systematically and be prepared for a fight from the very beginning, says Amazon founder Jeff Bezos, who has shared his thoughts on entrepreneurship.

Online genealogy boom continues as MyHeritage raises $25 million

11:26PM | Friday, 30 November 2012 | Michelle Hammond

Israeli company MyHeritage has acquired long-term rival Geni.com after raising $25 million in new funding, as the genealogy industry continues to grow both overseas and in Australia.

Parliamentary inquiry again calls for small business banking code

11:20PM | Friday, 30 November 2012 | Cara Waters

The Australian Bankers Association is under pressure to adopt a small business banking code of conduct or face new regulations.

BlueChilli-backed start-up Moneysoft raises $600,000

11:52PM | Thursday, 29 November 2012 | Michelle Hammond

Financial services start-up Moneysoft, which has been backed by Sydney incubator BlueChilli, plans to ramp up its presence in the Australian market after closing its third round of funding, bringing the total capital raised to $660,000.

Australia’s wealthiest suburbs revealed: The suburb with an average salary of $132,252

11:21PM | Thursday, 29 November 2012 | Cara Waters

Residents of one ritzy Melbourne suburb are Australia’s highest wage earners, taking home an average income of $132,252.

No soup for you? Think again!

11:08PM | Thursday, 29 November 2012 | Taskmaster

Customers don’t care how bad your day has been; what they care about is good service.

Confidence creeps back among Aussie SMEs: Report

11:00AM | Thursday, 29 November 2012 | Oliver Milman

Confidence appears to be slowly seeping back into Australia’s small business sector, with a sunnier outlook on sales and profitability starting to take hold, according to new figures.

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.

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.

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.

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.

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

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