Wednesday, 16 November 2011
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By
Michelle Hammond
Tech entrepreneur Sean Parker has hit out at US investors by labeling small start-ups as “ridiculously overfunded”.
Wednesday, 16 November 2011
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By
Michelle Hammond
Cloud computing start-up OrionVM has secured funding from serial entrepreneur Stephen Baxter and computing pioneer Gordon Bell, understood to be less than $1 million.
Wednesday, 16 November 2011
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By
Marc Peskett
There are multiple sources of cash available and most SMEs could do more to take maximum advantage of them.
Tuesday, 15 November 2011
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By
Oliver Milman
Sydney-based web start-up The Loop has secured $2 million investment ahead of an ambitious global expansion plan that will kick off with a roll out in the UK.
Tuesday, 15 November 2011
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By
Michelle Hammond
Global Entrepreneurship Week 2011 will see more than 40,000 events held across the world this week, but nothing will take place to mark the initiative in Australia.
Tuesday, 15 November 2011
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By
Michelle Hammond
Skype co-founder Niklas Zennström has joined the board of Swedish social gifting service Wrapp after it raised $5.5 million in a funding round led by Zennström’s venture capital firm.
Monday, 14 November 2011
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By
Leon Gettler
Getting venture capital for any start-up is hard work. But entrepreneurs need to find ways to attract reluctant Aussie VCs, or else try their luck overseas.
Monday, 14 November 2011
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By
Michelle Hammond
The Export Market Development Grants scheme will reimburse up to 50% of eligible export promotion expenses, after increasing the minimum expenses threshold from $10,000 to $20,000.
Friday, 11 November 2011
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By
Oliver Milman
American Express has unveiled plans to invest $100 million in eCommerce-based start-ups, with the credit card giant set to accept applications from around the world.
Thursday, 10 November 2011
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By
Oliver Milman
A group of former Microsoft, Fairfax and Network Ten executives have joined forces to launch Foundry, an incubator that will co-found and invest in digital start-ups.
Thursday, 10 November 2011
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By
Michelle Hammond
Sydney-based tech start-up Deputy.com is the only Asia-Pacific company that will compete in this year’s Amazon Web Services Start-up Challenge, with a global grand prize worth $100,000.
Wednesday, 09 November 2011
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By
Michelle Hammond
Sir Richard Branson has invested an undisclosed sum in mobile payment start-up Square, founded by former Twitter chief Jack Dorsey, following a $110 million funding round.
Tuesday, 08 November 2011
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By
Oliver Milman
Tech incubator Pollenizer is encouraging late applications to its start-up program after closing a $1.1 million funding round.
Tuesday, 08 November 2011
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By
Michelle Hammond
Sydney-based marketing agency April5 says it will use a newly-awarded $20,000 Enterprise Connect grant to improve company resources, enhance client relationships and increase its workforce.
Monday, 07 November 2011
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By
Oliver Milman
A hastily-formed group of strangers have been handed the chance to develop their venture in a top Singapore-based incubator after winning Melbourne’s latest Startup Weekend competition.
Monday, 07 November 2011
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By
Oliver Milman
Mentorship no longer requires a lengthy courtship. Mentor network PushStart has introduced the concept of mentor “speed dating” for start-ups that need a quick-fire dose of advice from multiple industry experts.
Monday, 07 November 2011
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By
Michelle Hammond
A sports exchange platform and grey water recycling equipment are among the nine innovations that will share in $3.7 million under the latest funding round from Commercialisation Australia.
Monday, 07 November 2011
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By
Oliver Milman
More needs to be done to improve start-ups’ access to funding and support, despite Australia’s status as one of the best places to launch a business in the G20, a new report claims.
Monday, 07 November 2011
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By
Oliver Milman
Grow VC, the start-up funding platform that calls itself a “virtual Silicon Valley”, is looking to ramp up its presence in the Australian market with the launch of a system that will allow entrepreneurs to create their own crowd funding networks.
Friday, 04 November 2011
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By
Michelle Hammond
Private equity and venture capital investments have grown 44% over the past year, according to the latest analysis of annual industry data, suggesting the capital-raising prospects for start-ups are brightening.
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