Category Archives: Funding & Grants Back

Winery Lane founders looking at “hockey stick” sales growth as the specialty wine marketplace closes an $800,000 raise

In the midst of closing an $800,000 funding round Stephen Mobbs, co-founder of online wine marketplace Winery Lane, says the startup is currently seeing a “hockey stick” of sales growth. “A lot of that has been driven by word-of-mouth. We don’t drive sales through promotions, and we’re not in a race to the bottom on … Read more

EVERYTHING YOU NEED TO KNOW ABOUT EQUITY CROWD FUNDING

CROWD funding has long been a darling of entrepreneurs, inventors, and creatives. Platforms like Kickstarter, Indiegogo, and even Patreon have launched the successful careers of a number of Australian change makers. By allowing interested patrons to donate money, sometimes in exchange for tokens of appreciation, these crowdfunding platforms allow emerging and growing brands, products, and … Read more

The crowdsourceress : get smart, get funded, and kickstart your next big idea (book)

Author: Alex Daly In the past year, crowdfunding platforms helped generate a staggering $34 billion dollars in funding. But the harsh reality is that the majority of crowdfunding campaigns fail-only 40% meet their goals. And failing means failing hard. If you fall short of your goal by the deadline, not only won’t you see any … Read more

SheStarts secures $500,000 government grant to help female-led startups go global

BlueChilli’s female-led startup accelerator SheStarts is looking to help its alumni network go global as it opens applications for its second cohort, after receiving a recent $500,000 funding boost from the Australian government. Launched in October last year with a $1 million fund from BlueChilli, SheStarts bills itself as the the country’s only venture-backed national tech accelerator that is … Read more

Australian startup Spacer just raised $2.7 million then acquired a rival

Storage startup Spacer has secured a $2.7 million series A capital raising round and acquired parking space rival Parkhound. Parkhound’s founders had last year rejected three investment offers on the Ten Network’s Shark Tank television show. This time they agreed to terms with Spacer for an undisclosed amount. The platform, with 55,000 members and 10,000 parking locations … Read more

Entrepreneur-focused bank OakNorth hits ‘unicorn’ status in funding deal

LONDON — Entrepreneur-focused bank OakNorth has raised £154 million from Singapore investment group The Clermont Group, UK hedge fund Toscafund, and Coltrane Asset Management. The consortium has purchased close to a 16% stake in the two-year-old business, valuing London-headquartered bank at £934 million ($US1.3 billion). It means OakNorth has reached so-called “unicorn” status — a … Read more

No such thing as a free gift : the Gates foundation and the price of philanthropy (book)

Author: Linsey McGoey The charitable sector is one of the fastest-growing industries in the global economy. Nearly half of the more than 85,000 private foundations in the United States have come into being since the year 2000. Just under 5,000 more were established in 2011 alone. This deluge of philanthropy has helped create a world … Read more

Why New Zealand hologram startup Point Zero is setting up shop in Queensland with $100,000 in funding

New Zealand hologram startup Point Zero is now basing its operations out of the Brisbane and Ipswich areas after being enticed across the ditch with $100,000 in funding from the Advance Queensland Hot Desq program. Established by the Queensland Government’s Advance Queensland initiative, the $8 million Hot Desq program offers startup founders from around the globe the … Read more

Applications open for new round of Palaszczuk Government small business grants [EVENT]

The Palaszczuk Government today (Wednesday) opened the third round of its popular Small Business Digital Grants, providing up to $10,000 in matched funding to operators keen to embrace new technology. Small Business Minister Leeanne Enoch said 403 Queensland small businesses have already shared in more than $2 million in funding under the first two rounds of the program – generating … Read more

SparkLabs Group partners with NSW Government to launch food and agtech accelerator Cultiv8

Asia accelerator network SparkLabs Groups has partnered with the NSW Government’s Department of Primary Industries (DPI) to launch Cultiv8, an accelerator targeting food and agtech startups across the state and regional areas. Based in the Global Agtech Ecosystem (GATE), a new agricultural global and research and development centre located in Orange’s Agricultural Institute, the accelerator … Read more