H2 Ventures has announced Australia’s first listed fintech investment company, H2Ocean to expose investors to diverse portfolios and increase funding for early stage fintech startups. H2Ocean is seeking to raise a minimum of $27 million and a maximum of $55 million to provide a permanent and stable pool of capital for long-term investment opportunities.
At the end of a marathon election campaign, not much is clear except that the Turnbull government’s innovation agenda and its proposed impact on jobs and growth failed to inspire the Australian public, which was focused on a number of other issues.
As week two of the election campaign rolls on, StartupAUS has announced a partnership with the Federal Government to produce research on a range of topics covering entrepreneurship and innovation, receiving up to $360,000 in funding across the next three years.
With discussion on the Australian startup and tech landscape often focused on activity in the major cities, the Federal Government has this week spent some time looking at spurring and supporting growth in regional areas, with Prime Minister Malcolm Turnbull launching Regional Development Australia’s new Smart Specialisation Strategy for the NSW Hunter region in Canberra on Wednesday.
The results of the second annual Startup Muster survey are in, and while some points may be a little dated given the survey was conducted across January and February this year and there has been much activity across the Australian startup ecosystem since, there were still important figures brought to light.
The main topic of discussion was how Australia can become a major global competitor in technology and innovation, with Wyatt Roy, dubbed “the human disruptor” on the day, saying that the new innovation statement will be a total game changer for the industry and a total shock for driving innovation.
Assistant Minister for Innovation Wyatt Roy has announced a further $7.3 million in funding for 20 companies through the government’s Entrepreneurs’ Programme.
My role at #PolicyHack was very clear – I was the lead facilitator for Team 3: tasked to improve gender equality in the ecosystem. The biggest lesson from #PolicyHack was how harrowingly hard it is to combat a systematic problem like gender equality in tech in one blow. For all the noise I make about this issue, I was truly humbled by how challenging it is to get anyone, let alone the government and the private sector, to agree on what to do first.
The newly appointed Assistant Minister for Innovation The Hon. Wyatt Roy MP has teamed up with venture technology firm BlueChilli to facilitate a one-day policy hackathon to take place in Sydney next weekend.
A lot has been said in the last 24 hours about Roy being the youngest federal member to have ever been given a frontbench role in parliament. Is it an achievement? Of course it is. However, that holds little to no significance to the startup industry.