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.
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.
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 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.
Retailers are not willing to give up the fight on import GST, but some executives think it is a distraction from the real issues.
Startup Weekend has teamed up with TechStars and Startup America to launch a new program dubbed Startup Weekend Next, which will aim to create 10,000 start-ups throughout the world.
It’s easy to get distracted by bright shiny ideas and other wonderful things, but running a business requires that you never lose focus of the basics. BY MARC PESKETT.
A Melbourne entrepreneur has outlined the key lessons he learnt while pitching to an accelerator in the United States, encouraging start-ups to “keep hustling” while they wait for funding news.
Start-ups can learn from the mistakes of this year’s Shonky award winners, which include Toblerone for its “ridiculous” serving sizes, and waterproofing technology that doesn’t work.
Tech23 alumni StageBitz has raised $890,000 in funding from investors including ANU Connect Ventures and the Sydney Angels Sidecard Fund, as it seeks to revolutionise the arts industry.
The founder of drive-through coffee franchise Muzz Buzz insists there’s no difference between coffee and car washing, after announcing plans to grow the brand by way of a car wash service.
Australian start-ups should look beyond the United States and make careful considerations before accepting funding offers, says the co-founder of successful German start-up Jimdo.
A small but growing number of local councils now offer grants to early stage ventures. Here are some key tips to help your business secure local government funding. BY ALEXANDRA CAIN.
Business groups have praised the Federal Government for the goals outlined in the Australia in the Asian Century white paper, including a vision to transform Australia’s innovation system.
Transport and logistics firm Toll is squaring up for a fight with Australia Post to take a greater share of the parcel delivery business.
Advance, the government-funded network for Australian expatriates, is encouraging start-ups to apply for its 2013 program, which includes a visit to Silicon Valley and the Innovation Summit.
Australian crowdsourcing marketplace DesignCrowd has made its first foray into Asia, after launching its service in Singapore, India and the Philippines as part of a global expansion plan.
More than one in 20 Australians purchase organic products on a regular basis, according to a new report, which predicts the $1.27 billion industry is set for 15% annual growth.
Yahoo! has made its first acquisition under the direction of chief executive Marissa Mayer, snapping up celebrity-backed mobile recommendations app Stamped for an undisclosed sum.
When you’re in “the bubble” of an industry, it can be surprisingly easy to lose your focus on the big picture. However, there are important reasons to look for sources of outside inspiration.