Innovation

Advice How do I commercialise a new product?

The process of commercialising a new product or idea is a long and potentially difficult one. Entrepreneurs generally requite patience, support and money to see an idea through to market.

Advice Who can help me innovate within my business?

When you are trying to generate ideas, it is well worth bringing as many people into the process as possible.

Advice How can I fund further research and development?

Innovation does require capital, and it needs to be patient capital at that – the pay-off for R&D can be a long time coming.

Advice How do I broaden my product range?

There are two main ways to increase sales – sell more stuff or sell different stuff. Broadening your product range is one of the effective ways to grow your business and it doesn’t need to be a difficult process.

Advice How do I generate new ideas within my business?

Entrepreneurs usually have no trouble generating ideas – they are usually always thinking of ways to grow and change their business and start new businesses too.

News University of Queensland start-up in the running for a US$200k prize

A start-up based at the University of Queensland has been named as a finalist in the $US200,000 Imagine H20 prize for water start-ups, run by US-based non-profit group Imagine H2O.

News Former Google employees unveil a new start-up named Fluent

Three former Google employees have unveiled a new start-up named Fluent, which aims to change the way people use email, after becoming frustrated with Google’s US-centric mindset.

News Ready Steady Go Kids expands – here are three other emerging parenting businesses

Children’s fitness franchise Ready Steady Go Kids says it wants to establish 100 locations, highlighting the growth of services that tap into the increasingly common trend of outsourced parenting.

Features Striking it rich

In 2002, Michael Schreiber opened the first Strike Bowling Bar. Since then, Strike has grown into a $30 million revenue business employing more than 300 staff. This is how Schreiber bowled his competition over. BY MICHELLE HAMMOND.

News New Sydney co-working hub WhatSpace aims for boutique appeal

A new Sydney co-working space for creative start-ups will focus on “collaborative creative working”, the founder says, but will accommodate no more than 20 members as it seeks to maintain a level of intimacy.

News Perth start-up Floq aims to hit the Valley

Floq, a Perth-based start-up, is aiming to secure funding from the US for its app, which allows people to collect feedback about their teams, products and companies.

News Blue Tongue founders launch new game studio Twiitch

The founders of Blue Tongue Entertainment have formed a new Melbourne-based games company, Twiitch, and are preparing for the launch of their first game in March.

News Don’t stereotype gay consumers, advertisers warned

Start-ups have been urged to ensure advertising aimed at LGBT (lesbian, gay, bisexual and transgender) consumers is subtle and avoids stereotypes, following calls from a senior ad man for greater business focus on the community.

News US start-up uses crowdfunding to open 30 stores in one day

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.

Taskmaster Make time to talk big ideas

While lots of businesses have annual strategy sessions for their entire company, my suggestion is to get a little bit more micro.

News Four entrepreneurial couples that have the Valentine’s Day spirit

With Valentine’s Day just one day away, many retailers are relying on the temporary spending splurge to boost sales, despite consumers’ cynical views on the commercial nature of the event.

News Aussie start-ups suffering commercialisation gap: AVCAL chief

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.

News Internode and Rocksoft founders back publishing start-up

Tech entrepreneurs Simon Hackett and Ross Williams have given their support to publishing house MidnightSun Publishing, with Williams investing a “substantial” amount in the start-up.

News LJ Hooker and Bond University to produce “green” agents

Real estate franchise LJ Hooker has partnered with Bond University to produce degree-qualified real estate agents with “green” expertise as part of a sustainability drive.

Taskmaster Fire a product

In a small business, you can’t afford to carry dead weight. Hire slow, fire fast when it comes to staff and launch slow, fire fast when it comes to products.

News River City Labs launches with pledge to create Brisbane start-up “ecosystem”

Queensland tech entrepreneur Stephen Baxter is preparing to launch his latest project, a co-working space known as River City Labs, as he attempts to fill a gap for Brisbane tech start-ups.

News ICT start-ups dominate $10.4 million Commercialisation Australia round

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.

News Niche retailers look to prosper as consumer spending slips

Rental businesses appear to be moving beyond big-ticket items into smaller niche markets, as cautious consumers continue to look for ways to save money across all categories.

News 95% of group buying revenue generated by just eight sites: Report

About 95% of the market revenue in Australia’s group buying industry is generated by just eight sites, new research reveals, but an expert says niche players still have an opportunity to compete.

News BlueChilli aims to launch one start-up a month ahead of global expansion

Melbourne-based incubator BlueChilli says it plans to launch one start-up a month as it finalises plans to open a Sydney incubator, with further plans to expand to the United States and South East Asia.

Invalid Input
 

Follow us

StartupSmart on Twitter StartupSmart on Facebook StartupSmart on LinkedIn StartupSmart on Google+

Subscribe to StartupSmart RSS feeds

Events


Sponsored Links

Our Partners