Growth Strategy

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Naked Wines Australia raises $1 million via “angel” network

11:00AM | Thursday, 15 November 2012 | Michelle Hammond

Wine retailer Naked Wines has recruited more than 2,000 “angels”, who have raised $1 million to fund wine made by up-and-coming independent winemakers.

New Adelaide fund to raise $50 million for medical, defence and tech devices

11:08PM | Wednesday, 14 November 2012 | Michelle Hammond

A new investment fund is aiming to raise an initial $50 million from private and institutional investors both here and overseas in order to finance medical, defence and technology devices.

Home-grown brands dominate as NZ franchising sector grows to $20 billion

11:28PM | Tuesday, 13 November 2012 | Michelle Hammond

A new report reveals franchises contribute around $20 billion to the New Zealand economy, suggesting the market is ripe with opportunity, but 88% of those franchises are home-grown.

Travel start-ups set for a Perfect Trip with $150 million fund

11:54PM | Tuesday, 13 November 2012 | Michelle Hammond

The company that acquired trip planning app TripIt has launched a $150 million fund, which will be used to invest in start-ups focused on innovations in the travel and expense space.

NY coding start-up partners with Melbourne college

11:11PM | Monday, 12 November 2012 | Michelle Hammond

Richard Branson-backed start-up Codecademy has partnered with an elite college in Melbourne’s east thanks to Australian Rhodes Scholar Leng Lee, the start-up’s first employee.

Group buying consumer spending revised down to $530 million

11:23PM | Monday, 12 November 2012 | Michelle Hammond

Group buying niche players have been warned of tough times ahead following predictions that consumer spending in the sector will drop to $530 million this year, revised down from more than $600 million.

Co-working growing pains

11:39PM | Monday, 12 November 2012 | Nina Hendy

Growing numbers of start-ups are shunning the home office in favour of a co-working space, but are they ever managing to go on to bigger and better things? BY NINA HENDY.

BRIC tourists and “digital detox” among key travel trends

11:48PM | Friday, 9 November 2012 | Michelle Hammond

A new report highlights key trends in the travel and tourism industry for start-ups to tap into, including a new breed of tourist from emerging countries, and the rise of digital detox holidays.

UK-based retailer Labels4Kids seeks out Aussie franchisees

11:50PM | Thursday, 8 November 2012 | Michelle Hammond

UK-based online retailer Labels4Kids is looking to expand into a range of countries including Australia and New Zealand, offering country licenses to approved franchisees to grow the brand.

A smelly situation

11:43PM | Thursday, 8 November 2012 | Taskmaster

A case recently before Fair Work Australia has raised some critical questions about industrial relations in this country.

Aussie start-up Tiggly guns for $200,000 US fundraise

11:00AM | Thursday, 8 November 2012 | Michelle Hammond

Tiggly, an iPad-inspired start-up, has launched a fundraising push in the US, including a listing on crowdfunding site Kickstarter, in a bid to secure $200,000.

Top 10 worries keeping Aussie start-ups awake at night

11:36PM | Wednesday, 7 November 2012 | Oliver Milman

Are cashflow concerns or marketing issues keeping you up at night? New research reveals you aren't alone. BY OLIVER MILMAN.

Melbourne Cup: The overseas raiders hoping to storm the start-up business field

11:22PM | Monday, 5 November 2012 | Michelle Hammond

Veteran racehorse trainer Bart Cummings accused the Victoria Racing Club of “pandering to the internationals” for tomorrow’s Melbourne Cup, but what of the overseas start-ups jostling for position with budding Australian business thoroughbreds?

SMEs set for incentive blitz amid yawning retail space vacancies

11:17PM | Monday, 5 November 2012 | Michelle Hammond

Retail start-ups are being encouraged to sniff out incentives from landlords who are desperate to fill space, as established brands begin to avoid shopping centres due to high rents.

The Pollenizer effect

11:04PM | Monday, 5 November 2012 | Michelle Hammond

Since start-up incubator Pollenizer launched four-and-a-half years ago, Australia’s tech sector has grown dramatically. Here are five secrets to how Pollenizer assesses and works with start-ups. BY MICHELLE HAMMOND.

Don’t do the call centre shuffle

11:01PM | Monday, 5 November 2012 | Taskmaster

Earlier today, Old Taskmaster called the power company to resolve what should have been, in theory, a reasonably simple question about a bill. The reality was completely different.

The Chocolate Room to open 200 Chinese stores

11:57PM | Friday, 2 November 2012 | Michelle Hammond

Australian café franchise The Chocolate Room has announced an ambitious plan to open 200 outlets in China, along with stores in Europe and the Middle East, despite having just seven stores here.

VC-backed companies up 9% amid “vibrant” start-up scene

11:50PM | Friday, 2 November 2012 | Michelle Hammond

The number of local companies that received venture capital in the 2012 financial year increased by 9% to 83 companies, reflecting the “vibrant, domestic start-up scene”, a new report claims.

Airbnb sinks its teeth into local market after opening Sydney office

11:45PM | Friday, 2 November 2012 | Michelle Hammond

US-based home rental service Airbnb has highlighted the growth of Australia’s tourism industry, after announcing plans to open an office in Sydney and recruit local talent to drive the brand.

New research reaffirms potential of China and India for retailers

11:09PM | Thursday, 1 November 2012 | Michelle Hammond

New research reaffirms the potential of the Chinese and Indian markets for retailers, but categories such as fashion are being outshone by more “necessary” categories such as health.

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