Beauty and fashion

Skincare startup Seresilk has developed ethical products so the silkworms live after harvest

- May 11, 2023 2 MIN READ

Skincare brand Seresilk, is on a mission to create an ethical silk industry and has developed chemical and cruelty-free silk-based products as a first step to achieve that. Taylor Battistella founded Seresilk in 2021 having worked with silk since he was 12. His first business was selling silkworms to schools and retail customers. Learning of… Read more »

Jim Chalmers

Tech and startup sector reactions to the 2023 federal budget

- May 10, 2023 7 MIN READ

Labor’s second budget in 7 months focused on cost-of-living pressures, with modest concessions for the business sector in an equally tough economic environment. The $392 million Industry Growth Program (a revamped version of the former government’s Entrepreneurs’ Program and Accelerating Commercialisation grant program, with increased funding), was the headline act. The program will support SMEs… Read more »

Kate Pounder

3 things the Tech Council likes about the 2023 federal budget

- May 9, 2023 3 MIN READ

The Tech Council of Australia (TCA) has welcomed federal budget announcements backing skilled migration, cybersecurity and a new commercialisation fund.  TCA CEO Kate Pounder said the measures by Treasurer Jim Chalmers aligned with the priorities in the Council’s pre-budget submission. “The Budget takes important steps to address the big challenges facing our country, including skills… Read more »

Jim Chalmers

Budget 2023: what you need to know and what it all means at a glance

- May 9, 2023 < 1 MIN READ

Treasurer Jim Chalmers has delivered his second budget with a heavy focus on cost-of-living relief for Australians who are struggling due to persistently high inflation and rising interest rates. While Chalmers says the economy should continue to create jobs and unemployment is expected to remain historically low, inflation remains the top economic concern. Chalmers says… Read more »

Ed Husic

Budget gives startups $392 million fund to commercialise ideas, plus $101m for quantum and AI

- May 9, 2023 3 MIN READ

The 2023 federal budget has earmarked $392 million Industry Growth Program in advice and grants for startups and small businesses, to help them commercialise their ideas. The announcement by federal treasurer Jim Chalmers in the 2023 budget on Tuesday night is part of more than $500 million in funding that science and industry minister Ed Husic… Read more »

Everledger founder Leanne Kemp

Brisbane blockchain provenance startup Everledger placed in administration after funding evaporates

- May 9, 2023 2 MIN READ

Blockchain provenance startup Everledger has been placed in voluntary administration after an existing investor failed to follow through on the 2nd tranche of their funding. The Brisbane tech company, founded in 2015 by former Queensland chief entrepreneur Leanne Kemp, offers supply chain traceability using blockchain, artificial intelligence, intelligent labelling and Internet of Things. They were… Read more »

Tamara Berryman

Here are the 10 startups emerging from the Curtin University Accelerate program

- May 9, 2023 3 MIN READ

Ten startups have emerged out of Curtin University’s 12-week Accelerate program spanning healthcare, education, mining, and technology. The 2023 cohort is Wata Watcha, Procuracon, Care Corner, Luddi, Heal Domain, Rock AI, Matilda Health, Insole Lab, STEM XR, and Speed Signature. Several are already generating revenue from customers and together they share $100,000 in equity-free funding,… Read more »

Go1, Andrew Barnes

Workplace edtech unicorn Go1 raises new funds, with Insight Partners investing, to acquire German synopsis startup Blinkist

- May 9, 2023 2 MIN READ

Brisbane workplace learning platform Go1 has stitched together an undisclosed capital raising deal to acquire German summary startup Blinkist in a deal believed to be worth $100 million. Go1 has been on a merger spree since raising $140 million on a $2.8 billion valuation in June last year. GO1 previously raised $273 million in a… Read more »

AI/Machine Learning

AI guru Geoffrey Hinton says AI is a new form of intelligence unlike our own, so are we thinking about it the wrong way?

- May 8, 2023 4 MIN READ

Debates about AI often characterise it as a technology that has come to compete with human intelligence. Indeed, one of the most widely pronounced fears is that AI may achieve human-like intelligence and render humans obsolete in the process. However, one of the world’s top AI scientists is now describing AI as a new form… Read more »

women entrepreneurs

Women on top: 5 tips on empowering female entrepreneurs

- May 7, 2023 3 MIN READ

Running your own small business is often a herculean task. There is pressure to find customers and turn a profit, build your brand, manage your online website and social presence, and motivate your employees. And that’s before you consider that many female entrepreneurs aren’t just running a business, but often a home and supporting a… Read more »