Business advice and education
We present the top 10 fledgling entrepreneurs and start-up industry players who caught our eye in 2011. BY MICHELLE HAMMOND.
Kaggle co-founder and chief executive Anthony Goldbloom has been named one of Forbes’ 30 Under 30 top tech entrepreneurs, one month after the Australian start-up secured $US11 million in funding.
Web-based businesses and food companies have great potential for success, according to Forbes magazine, which has released its latest list of America’s 100 Most Promising Companies.
Twenty-year-old Australian entrepreneur Nikki Durkin will participate in the fabled Y Combinator program in the United States, as she seeks to replace eBay as the world’s premier online fashion portal.
The leader of a local student entrepreneurship group has likened Australian student-start-ups to those in Scandinavian countries, claiming there are more similarities than there are differences.
Student Entrepreneurs has unveiled the 2011 winners of its Idea Pitch competition, which saw 20 student start-ups from Victorian universities compete for prizes worth more than $15,000.
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.
University graduates may become even more inclined to work for a company rather than start their own business, with a new report showing graduate salaries are on the rebound.
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.
Australian companies cleaned up at the 2011 Asia Pacific ICT Alliance Awards, including a student start-up that has created the world’s fastest Rubik’s Cube-solving robot.
Swinburne University graduate Edward Linacre is the winner of this year’s James Dyson Award, receiving $14,000 for an irrigation system that pulls liquid moisture straight out of dry desert air.
Local tech entrepreneurs say Facebook co-founder Dustin Moskovitz is an “enviable position” with regard to his new start-up Asana, which has already raised more than $10 million.
An ambitious new program called 50 for the Future is to match promising early-stage start-ups with 50 of the leading Australians in Silicon Valley, who will act as mentors to the next generation of budding entrepreneurs.
Wisdom, as they say, comes with age. But when it comes to starting up, the lessons not only come thick and fast, they also come early. We’ve picked out 10 of the best start-up tips from Australia’s premier under-25 entrepreneurs.
Increasingly, age isn’t a barrier to starting a successful business. Indeed, in some areas – think technology, social media and online retail – youth can be a valuable commodity.
Eighty percent of entrepreneurs believe governments should improve access to funding, a new report reveals, while 70% say students should follow specific entrepreneurial training.
When it comes to learning on the job, lessons aren’t confined to those who want to boost their chances of a promotion. Aspiring start-ups can also glean the skills they need to embark on the path to entrepreneurship.
Start-ups have been known to try every trick in the book to win over sceptical suppliers but when you’re barely out of uni you don’t necessarily have the right skills or experience to draw on let alone a good reputation.
Interest in an annual mentoring program for fast-growth businesses has rocketed due to uncertainty over the global economy, according to the initiative’s organisers.
An app that turns articles into formatted web presentations has won the inaugural Sydney Hackathon, the first 24-hour tech start-up event of its kind in Australia.