NSW Government to allocate $10 million to expansion of autonomous vehicle trials in Budget

The NSW Government is set to allocate $10 million funding over the next four years to the expansion of autonomous vehicle trials. To be announced in tomorrow’s state budget, the fund will be administered by Transport for NSW’s Smart Innovation Centre, which will be tasked with identifying relevant projects and partnerships. NSW Minister for Transport … Read more

How early contributions affect crowdfunding success

“Entrepreneurs are increasingly relying on internet crowdfunding – the use of online platforms to raise money from multiple contributors. It’s reported that active global crowdfunding platforms generated more than US$34.4 billion (A$45 billion) in 2015. The World Bank estimates the crowdfunding industry will reach US$90 billion by 2020. In terms of scale, crowdfunding has become … Read more

Need templated forms, business plan samples or industry reports? Check out ProQuest Entrepreneurship Database!

Members of the Business Studio now have access to the full version of the ProQuest Entrepreneurship Database! This database bridges theory with practice, covering a wide spectrum of resources useful to educators, researchers, students and practitioners. Content ranges from the scholarly – including journals, dissertations, working papers and conference proceedings – to a full toolkit … Read more

Fintech startup HashChing has launched an equity crowdfunding campaign

Mortgage marketplace startup HashChing, a fintch startup disrupting the monopoly of the big banks, has launched an equity crowdfunding campaign. It’s currently live on the Equitise platform, which has one of the seven crowdfunding licences issued for the first time this year. HashChing, which is seeking between $1 million and $5 million, has so far raised … Read more

This 18-year-old prodigy and serial entrepreneur has raised $850,000 to take on Snapchat

18-year-old Daniel Singer is the founder of Panda, a social media app similar to Snapchat that’s triggered by audio cues. Singer raised $US200,000 for his first project, YouTell, when he was only 14. Now, Singer is creating an app that he says will “turn conversations into Pixar movies in real time.” He just announced the … Read more

Google is offering $1 million prizes for Australian ideas that can make the world a better place

Google is offering grants of up to $1 million for Australian nonprofits and social enterprises who can find ways to make the world a better place. Applications open today for the Google Australia Impact Challenge, the third time the program has been offered in Australia. This year, nonprofits and social enterprises can apply for a … Read more

Women in STEM has been given a $4.5 million boost, and the promise of an ambassador, but is it enough?

In the 2018 budget, the federal government committed $4.5 million to increasing participation of women and girls in science, technology, engineering and mathematics (STEM) studies and careers, and this week Innovation Minister Michaelia Cash announced a few slightly more specific measures. A 10-year plan has been announced for women in science, and a ‘girls in STEM toolkit’ … Read more

West Winds Gin wants to raise $3.5 million via equity crowdfunding to make more people “fall in love” with gin

Margaret River brand West Winds Gin has launched an equity crowdfunding campaign to raise $3.5 million to accelerate its growth, and while this form of fundraising is new to the Australian market, it’s been on the distiller’s radar for years. West Winds chief executive Paul White tells SmartCompany a business like his is a perfect candidate for an … Read more

Crowdsourcing app Snooper secures $1 million in funding ahead of overseas expansion

Benjamin Savona – SmartCompany – 3 May 2018 Australian crowdsourcing platform Snooper has raised $1 million in funding as it looks to break into overseas markets. he funding round was led by Sydney-based Microequities Venture Capital Fund, which is no stranger to funding Australian startups. Shaking up a relatively undisturbed market, Snooper helps brands and retailers … Read more