Liza Shulyayeva

12:02PM | Friday, 7 December 2012 |  Liza Shulyayeva is an Australian and Ukrainian dual citizen living in Stockholm, where she works as a build manager at a game development studio called DICE.

Chanel Costabir

12:00PM | Friday, 7 December 2012 |  Just three years ago, Costabir was a 21-year-old with absolutely no business experience. Now she owns and operates two firms – The Lingerie Boutique and Sheer Novice.

Mathew Carpenter and Callum Chapman

12:56PM | Friday, 7 December 2012 |  What do you do if your founding team is decimated by the undeniable lure of working for tech giants Google, Apple and Facebook?

Ruchi Shrestha

12:54PM | Friday, 7 December 2012 |  Shrestha heads up Apex Hunting, which supplies archery equipment for everyone from beginners to professionals via a website and an eBay store. It was founded in January last year.

Toby and Jason Schulz

12:48PM | Friday, 7 December 2012 |  Two young brothers might not sound like the ideal candidates to launch a nappy business, but Toby and Jason Schulz are unwavering in their vision for MyNappies.

Elliott Donazzan

12:46PM | Friday, 7 December 2012 |  Donazzan became interested in the concept of online auctions while running an eBay-based business in school.

Taylah Hasaballah

12:42PM | Friday, 7 December 2012 |  Forced to scour op shops for clothes that she liked, Hasaballah struck upon the idea of launching an eCommerce site and accompanying blog to showcase little-known designers and offer something to shoppers who want something a little different.

Zac Altman

12:33PM | Friday, 7 December 2012 |  Zac Altman was an IT student at the University of Technology in Sydney when he entered a competition to design applications for Android smartphones.

Lachy Groom

12:07PM | Friday, 7 December 2012 |  Despite being just 18 years old, Lachy Groom has launched and sold three businesses. His fourth start-up, Cardnap, allows users to search for discounted gift cards and resell their own.

Whitney Komor

12:49PM | Friday, 7 December 2012 |  Conventional wisdom suggests that you need a solid set of figures and serious runs on the board before investors will even look sideways at your start-up.