News & Analysis
Technology business incubator ATP Innovations took home top honours today at the NBIA awards in New Orleans, Louisiana, winning the title of Randall M. Whaley Incubator of the Year Award 2014 at the International Conference on Business Incubation. The incubator was also named Dinah Adkins “Technology Focus” Incubator of the Year.
Students, teachers, business people, digital designers and developers are gearing up for the 56-hour hackathon, EduHack, to encourage innovation in Australian education.
Eighteen months ago, entrepreneur and mathematical whiz, Steve Hui, embarked on a mission to get more Australians flying first class. How? Certainly not by paying the exorbitant retail price of $15,000, but by hacking through the frequent flyer points system so that clients pay no more than $6,000, or better yet, nothing. That’s not to say clients have to choose first class. Hui helps clients maximise their points so they can choose to fly in any class they want.
The drama continues. It’s been reported that around 50 Uber drivers have been issued fines of $1,732, with repeat offenders threatened with fines of up to $8,000 for each offence.
Australian venture capital firm OneVentures has voiced its disapproval of Commission of Audit’s recommendation to abolish innovation funding programs like the Innovation Investment Fund (IIF), saying it would be “a step backwards for Australia”.
In order to help achieve savings sufficient to deliver a surplus of 1 percent of GDP (Gross Domestic Product) by 2023, the Commission of Audit recommends that the government abolishes Innovation Investment Fund, Commercialisation Australia, and other grants that support startups.
In a mission to bring democracy to fashion, StageLabel is offering its Community of fashion enthusiasts the chance to vote, support and select which designs will make it to the next stage – the StageLabel Project.
The NSW Taxi Council has been calling on the government to regulate ride-sharing apps for some time. If anything, the title of the Council’s press release is misleading: ‘Transport for NSW Bans Ride Sharing Apps’; and this could be a result of “mixed messages” being sent by the Transport department.
Adbidx, a digital billboard platform founded by Sydney entrepreneur Chris Muir, has won TiE’s (The Indus Entrepreneurs) Open Pitching Competition for 2014. Sixteen entrepreneurs battled it out for the chance to attend TiE’s annual event at Silicon Valley on May 16 and 17.
The-Core, a group that came together to transform Sunshine Coast into an innovative city, is calling on creative, architecturally-inclined minds to design a city using Minecraft.
The Founders of Campaign Monitor, David Greiner and Ben Richardson, have just secured USD$250 million (AUD$266 million) of funds from US-based venture capital firms, after 10 years of bootstrapping. This is the largest capital injection experienced by an Australian technology startup ever.
Sydney-based design startup Canva has just announced a double slam-dunk, with former Apple Chief Evangelist Guy Kawasaki joining the team and resurrecting his title, along with his social media architect Peg Fitzpatrick who’s coming on board as Canva’s Head of Social Strategy.
Even the most well-intentioned business can get sucked into a ‘quick fix’ by someone offering a ‘shortcut to success’ via email lists. It’s not that they want to cheat, but growth is slower than they anticipated.
#StartupAUS, a non-for-profit organisation helping foster a culture of entrepreneurship and innovation in Australia, today published a comprehensive report which calls on the Government to take swift action to support our startup ecosystem and safeguard the country’s long-term economic prosperity.
Online investment adviser and fund manager Stockspot is the first of many startups to receive funding from AWI Ventures – a venture fund launched by Federal Minister for Communications, Malcolm Turnbull on March 13th.