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Energy software accelerator to Surge ahead with $1.2 million

1:08PM | Tuesday, 8 January 2013 | Michelle Hammond

A US-based energy software accelerator is considering late applications for its second class of companies, chosen from around the world, after raising $1.2 million in an equity offering.

Start-ups still waiting for government response on VC review

1:58PM | Monday, 7 January 2013 | Michelle Hammond

The federal government has delayed its response to a review into Australia’s venture capital industry, after previously indicating that it would outline its policy on the sector by the end of 2012.

SMEs offered $3,350 carrot in Kickstart apprentice program

1:54PM | Monday, 7 January 2013 | Michelle Hammond

Small businesses in the building and construction industries have until February 28 to take advantage of the federal government’s Kickstart program, which rewards employers with an additional $3,350 for taking on a new apprentice.

Tapit Media looks to global stage after raising $2.3 million

12:00AM | Monday, 24 December 2012 | Michelle Hammond

Sydney-based tech start-up Tapit Media plans to take its near field communications technology (NFC) to the global stage, after completing a $2.3 million Series A round led by MPC Ventures.

AMMA leverages success of one start-up to raise $1.5 million for another

12:00AM | Friday, 21 December 2012 | Michelle Hammond

Queensland-based firm AMMA Private Equity has launched a $1.5 million capital raising to fund a start-up that offers a voice and texting service to smartphone users who are out of credit.

Failed start-ups should return funding, says local investor

12:44PM | Thursday, 20 December 2012 | Michelle Hammond

A failed Canadian start-up has turned heads after promising to return all remaining funding to its investors, with the move applauded by one local expert.

Yellow Brick Road to fast-track growth following $7 million raise

12:40PM | Thursday, 20 December 2012 | Michelle Hammond

Independent mortgage lender Yellow Brick Road has raised $7 million to fast-track its growth strategy, including a new range of YBR-branded mortgage products through the franchise.

Wayne Swan dumps the surplus

12:52PM | Thursday, 20 December 2012 | Kath Walters and Myriam Robin

Federal Treasurer Wayne Swan at 2.15pm today announced the Federal Government will probably not achieve the promised budget surplus in the 2012/13 budget year.

Melbourne venture SelfWealth raises $1.6 million via ASSOB

12:00AM | Tuesday, 18 December 2012 | Michelle Hammond

Melbourne-based start-up SelfWealth has closed a $1.6 million capital raising via the Australian Small Scale Offerings Board, in what has been hailed as one of ASSOB’s most successful transactions.

How to safely scale your start-up in 2013

12:00PM | Monday, 17 December 2012 | Michael Fox

Are you thinking about growing your start-up next year? If so, there’s a secret to steadily securely growing your business. BY MICHAEL FOX.

AngelList set for $150 million valuation following fundraise

12:45PM | Monday, 17 December 2012 | Michelle Hammond

US-based platform AngelList is reportedly in the process of raising a major round of financing at a valuation that could top $150 million, with Google Ventures among the rumoured investors.

Innovate NSW to offer funding for ideas-rich start-ups

12:00AM | Monday, 17 December 2012 | Michelle Hammond

The NSW Government will introduce a $6.7 million initiative dubbed Innovate NSW, which will offer funding of up to $15,000 for around 250 businesses, as part of a wide-ranging plan to boost the state’s digital economy.

Ex-Jetstar boss Bruce Buchanan invests in Rocklive, becomes CEO

12:07PM | Friday, 14 December 2012 | Oliver Milman

Digital advertising venture Rocklive has appointed Bruce Buchanan, the former group chief executive of Jetstar, as its new CEO, with the new boss also taking a substantial stake in the start-up.

$50,000 grants on offer as Textile, Clothing & Footwear program reopens

12:56PM | Tuesday, 11 December 2012 | Michelle Hammond

Government body AusIndustry has opened its latest round of applications for the Textile, Clothing and Footwear (TCF) Small Business Program, which offers grants of up to $50,000.

Startmate unveils its start-up class of 2013

12:00AM | Tuesday, 11 December 2012 | Michelle Hammond

Niche dating website 7pm anywhere is among the eight start-ups accepted into the 2013 Startmate program, which will include two demo days and a two-month stint in Silicon Valley.

Rezdy raises another $300,000 as it limbers up for million dollar round

12:00AM | Monday, 10 December 2012 | Michelle Hammond

Online reservation system Rezdy has snagged $300,000 from existing investors, adding to the $250,000 it raised earlier, but is already planning to raise up to $1.5 million in 12 months’ time.

Eight start-ups selected for Incubate program at University of Sydney

12:15PM | Friday, 7 December 2012 | Michelle Hammond

The University of Sydney Union’s Incubate program has selected the eight successful start-up teams who will use $5,000 grants to develop their ideas over the university’s summer break.

Closing date looms for female-focused Springboard program

12:07PM | Friday, 7 December 2012 | Michelle Hammond

Female entrepreneurs in high-growth sectors are being encouraged to submit an application to Springboard Enterprises, which aims to help them secure funding from local and US investors.

Entrepreneur Shane Yeend’s Imagination Entertainment buys 50% of export start-up Aussie Inc

12:00AM | Friday, 7 December 2012 | Michelle Hammond

Up-and-coming export start-up Aussie Inc has received a major leg-up from global entertainment company Imagination, which has purchased a 50% stake in the business.

Pizza Capers to ramp up in regional areas with new assistance package

12:39PM | Thursday, 6 December 2012 | Michelle Hammond

Retail Food Group is offering assistance packages to franchisees who take on a Pizza Capers store in selected areas, as it seeks to ramp up its presence in regional Queensland and NSW.

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