Rapid growth of the space industry in Adelaide is generating national and global interest in an incubator program for space industry startups. Following on from the success of its first intake, South Australian based space incubator, Venture Catalyst Space, is on the hunt for up to 10 companies to be part of its second international … Read more
Category Archives: Funding & Grants Back
Healthtech Coviu lands $1.2 million grant to commercialise remote physio solution
Healthtech startup Coviu has secured $1.18 million in government grant funding to commercialise its remote physiotherapy technology, and free up hospital beds. The Cooperative Research Centre Project (CRC-P) grant has been issued to Coviu along with CSIRO’s Data 61, health clinic HFRC and the School of Sports Science, Exercise and Health at the University of Western Australia. … Read more
Young at heart: HR startup HumanForce raises $22.5 million after 17 years of bootstrapping
Gig economy-focused HR startup HumanForce has secured $22.5 million in funding, after 17 years of bootstrapping. Launched in 2002 by founder and managing director Bruce Mackenzie, the Sydney-based startup provides a Software-as-a-Service (SaaS) workforce-management tool designed to help employers manage hours, rostering and payroll data. However, according to Mackenzie, what sets the startup apart from similar … Read more
Black Hops completes crowd funding in just six days
Purveyors of craft beer have latched onto Gold Coast-based craft beer brand Black Hops since it launched in 2014. And whilst they certainly make fantastic beer, the company’s founders say they have attracted the public’s attention and crowd funding support by becoming the ‘least covert operation in brewing’. From day one, the boys behind Black … Read more
Startup investment landscape snapshot for 2019
If you’re still in the early stages of your startup or looking to finally launch your startup, 2019 might be the year to cast your net wider for investment capital to start or grow your company. 2018 was a big year for startups around the world. According to KPMG, over US$899 million was raised in Australia … Read more
Call a Business Angel : Practical Funding and Commercial Advice for Start-Ups, SMEs and Innovators (ebook)
Author: Eileen Doyle This book provides a commonsense approach to complex start-up and SME business issues. Many businesses fail not because of a poor idea but because of poor analysis and execution. In this practical guide, Dr Eileen Doyle provides proven insights and the quality basics of how to analyse ideas and turn them into … Read more
Bring on the competition, says founder of neobank Xinja, as second equity crowdfunding campaign smashes $500,000 in nine hours
Australian neobank Xinja has kicked off its second equity crowdfunding campaign, smashing its minimum subscription of $500,000 within just nine hours. Xinja’s first crowdfunding campaign in January last year — also the first campaign in Australia — raised $500,000 in 18 hours, and went on to raise a total of $2.4 million. Since then, the neobank has launched its prepaid … Read more
Credit crunch: Small businesses wary of bank loans
Akiva Szental and Noam Korbl want to be “masters of their own destiny” — which is one reason the Melbourne entrepreneurs have so far stayed clear of bank loans. “You should never rely on outside funding, because you just don’t know what will happen,” Szental says. The duo co-founded hearing aid consultant business Hearing Choices, which matches … Read more
NEW $30M VENTURE TO HELP STARTUPS WHO PUT CUSTOMERS FIRST
A new venture has launched to help startups who put their customers first. HubSpot has launched HubSpot Ventures, a $30 million fund that aims to bolster and expand the impact of startups focused not just on growing bigger, but on growing better. Through the venture fund, the business will seek out companies that take the long-view on … Read more
Grants of up to $2,100 for small business cybersecurity checks: Here’s how to apply
Small businesses will be able to apply for up to $2,100 in funding to help get their cybersecurity tested under a new government initiative announced today. Minister for Industry, Science and Technology Karen Andrews said $10 million will be committed to a new grant scheme, designed to address digital security shortcomings among small firms. Businesses … Read more