Doing business overseas


Getting ideas across the border

11:40PM | Wednesday, 23 November 2011 |  A trip overseas might not sound like an obvious springboard for business ideas, but the rise of holiday-inspired start-ups certainly suggests a link between jet-setting and entrepreneurialism.

Tech start-up MyCyberTwin named rising star at export awards

11:53PM | Wednesday, 23 November 2011 |  Sydney-based tech start-up MyCyberTwin, which creates online virtual assistants, has won the Rising Star Award at the 2011 Australian Technology Showcase Patrons’ Awards in NSW.

Middle East a “fantastic” franchise market, says Nanotek chief

11:39PM | Tuesday, 22 November 2011 |  Franchise veteran Jim Cornish says the Middle East is a “fantastic” market for local franchisors looking to expand internationally, having recently launched his own franchise in Saudi Arabia.

99dresses founder Nikki Durkin joins Y Combinator

11:44PM | Friday, 18 November 2011 |  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.

$18 million Australia-China research fund to strengthen ties

11:49PM | Thursday, 17 November 2011 |  Australia’s ties with China look set to strengthen even more, with Australia-China research collaborations to receive an addition $18 million under a new government-funded initiative.

Iconic Australian surfwear brand Hot Tuna up for sale

11:10PM | Wednesday, 16 November 2011 |  Australian-founded surfwear brand Hot Tuna is up for sale due to slow growth and a stagnant market, according to reports.

Start-up exporting woe

11:47PM | Tuesday, 15 November 2011 |  Australian start-ups may be regularly told that they are playing in an increasingly global marketplace, but the view beyond our shores currently isn’t very enticing.

Web start-up The Loop snares $2 million investment ahead of UK expansion

11:29PM | Tuesday, 15 November 2011 |  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.

Are Australian investors overly conservative?

11:41PM | Monday, 14 November 2011 |  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.

Export grants scheme increases expenses threshold

11:50PM | Monday, 14 November 2011 |  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.