{"id":38599,"date":"2023-10-20T14:57:37","date_gmt":"2023-10-20T14:57:37","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/more-tech-jobs-for-melbourne-startupsmart\/"},"modified":"2023-10-20T14:57:37","modified_gmt":"2023-10-20T14:57:37","slug":"more-tech-jobs-for-melbourne-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/more-tech-jobs-for-melbourne-startupsmart\/","title":{"rendered":"More tech jobs for Melbourne – StartupSmart"},"content":{"rendered":"
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A further 100 tech jobs will be created in Melbourne as two fast-growing startups look to expand locally rather abroad.<\/p>\n

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Cloud-based mobile payment and loyalty platform LOKE and peer-to-peer lending service Timelio<\/a> will each by creating 50 new jobs as the Victorian government invests to keep these high-growth, high-potential companies in the state.<\/p>\n

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The move comes as the state government has been providing money in exchange for global players to establish regional headquarters in the city or for local startups to stay put.<\/p>\n

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\u201cSignificant investments\u201d have been placed in Zendesk, GoPro and Slack, which the government says will create more than 400 jobs over five years in total.<\/p>\n

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Minister for small business, innovation and industry Philip Dalidakis says he wants the state to be the \u201clocation of choice for startups worldwide\u201d.<\/p>\n

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\u201cWe need to encourage local entrepreneurs to develop and manufacture their ideas here in Victoria rather than send them offshore,\u201d Dalidakis says.<\/p>\n

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\u201cThis is about supporting new ideas to create jobs and boost industries for decades to come.<\/p>\n

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\u201cTimelio and LOKE are two great examples of how Victorian startups can take off if they get the right support to expand their workforce and tap into global markets.\u201d<\/p>\n

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Timelio recently<\/a> closed a $500,000 funding round<\/a>, and founder Charlotte Petris says having government backing is very important.<\/p>\n

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\u201cHaving the support of the Victorian government as we expand and grow our team enables us to choose from the best talent as the ecosystem generated by their initiatives attracts skilled workers,\u201d Petris says.<\/p>\n

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\u201cThis will help us achieve our vision of being the most efficient, customer-focused funding platform in Australia.\u201d<\/p>\n

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The startup will look to invest in \u201cat least\u201d 50 new staff over the next three years, Petris says.<\/p>\n

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\u201cBuilding a great company starts with building a great team,\u201d she says.<\/p>\n

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\u201cThis represents the enormous opportunity in fintech.\u201d<\/p>\n

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LOKE, which enables sellers to manage their own branded loyalty program, has opened a $1 million funding round to facilitate the large expansion, and has also partnered with PayPal.<\/p>\n

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Big Datr co-founder Avrill D\u2019Costa has previously raised concerns that the presence of these larger startups<\/a> may put further pressure on the smaller companies looking to recruit, but many other members of the local community say the moves will attract international talent to the city.<\/p>\n

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Do you know more on this story or have a tip of your own? Raising capital or launching a startup? Let us know. Follow StartupSmart on <\/i>Facebook<\/i><\/a>, <\/i>Twitter<\/i><\/a>, and <\/i>LinkedIn<\/i><\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

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