Category Archives: Funding & Grants Back

Why Dick Smith says Aussie SMEs could be forced to pay 27% interest on business loans

Australian businessman Dick Smith has alerted Australian business owners to the possibility of business loan interest rates returning to 27% in a newly released 60-page manifesto on housing affordability. In the document, called “Dick Smith: A Fair Go”, founder of once-dominant tech retailer Dick Smith Electronics also discussed how the credit given in housing loans since 1996 … Read more

ASX-listed wearable tech startup Nuheara raises $9 million for its intelligent earphones

Wearable tech startup Nuheara has raised $9 million from institutional investors, just five months after the ASX-listed startup began distributing its intelligent earphones. The patented Nuheara earphone technology allows users to alter sound levels, amplifying conversations and suppressing background noise. It was developed by co-founders Justin Miller, formerly chief executive of global communication company Sensear, … Read more

“Crowdfunding on steroids”: The new ‘initial coin offering’ craze explained

Today initial coin offerings are raising millions of dollars in the blink of an eye, but just 12 months ago, mentioning an ‘ICO’ would have gotten you nothing but blank stares and confused questions. The rise of this new form of crowdfunding can be traced alongside the increased adoption and acceptance of the blockchain and its … Read more

Ignite Ideas Round 3 Opportunity

A third round of Ignite Ideas funding has recently been announced. Through Ignite Ideas, grants of up to $250,000 (excl. GST) are available to help startups and small to medium sized businesses commercialise market ready innovative ideas. The first two rounds of Ignite Ideas have provided nearly $16.5 million to 119 Queensland businesses, helping to enhance innovation, generate jobs and grow Queensland’s global presence. Applications … Read more

Do you have an idea that could change the future of Aboriginal and Torres Strait Islander children?

Applications are now open for eligible groups and organisations to secure up to $100,000 in seed funding for bold solutions and innovations that will help improve outcomes for vulnerable Aboriginal and Torres Strait Islander children to reduce their over-representation in out-of-home care. The funding is available under the Empowering Families Innovation Grants program, which forms … Read more

NAB is collaborating with an Israeli crowdfunding platform to offer startup investments

The National Australia Bank private banking division is partnering with Israeli crowdfunding platform, OurCrowd, to offer NAB customers access to OurCrowd startup investments. The bank says it’s an Australian first giving its clients access to one of the world’s largest equity crowdfunding platforms, which entered the local market three years ago. NAB Private executive general … Read more

STEMMING THE BRAIN DRAIN: MEET THE DUO BEHIND THE NEW START-UP HUB FOR INTERNATIONAL TALENT

To stop a leakage of bright, entrepreneurial minds from Australia, chartered accountants Domenic Saporito and Gerard Holland have partnered on a venture that makes it easier for international students and graduates to break into the local start-up ecosystem. Holland has previously worked with middle-market and early-stage companies as a business advisor, while Saporito has a … Read more