The University of Queensland has this week opened its Idea Hub, a coworking space designed to help entrepreneurial students grow their early-stage ideas.
NAB has partnered with healthtech startup Medipass Solutions to develop a new healthtech platform that will integrate the bank’s HICAPS system.
TheCarTest is a Melbourne startup offering a platform where users can sign up for a week-long test drive of a car they’re interested in.
Hunter Walk, early-stage investor at Homebrew, approached Anne Dinneen, CIO of Hamilton College, about how VCs evaluate venture partnerships. She said “assembling managers with different backgrounds can contribute to a more diverse set of perspectives and hence investment opportunities”. [Source: Hunter Walk Blog]
Tensions can arise when wealthy individuals known as angel investors, believe they “have a right” to be involved with the management of a startup, because their money is at stake. [Source: Wall Street Journal]
In order to bring revenue, every startup needs to have a solid financial backup provided by investors. Before planning your budget and handing it down to people that might be interested in financing your idea, it’s worth taking a moment to rethink your strategy to ensure your prospective funds are used as efficiently as possible.
BuyitRideit is an online platform dedicated to all things action sports. The site provides customers with great deals and expert advice, also allowing them to connect with retailers who are promoting their business, products and services on BuyitRideit’s rapidly growing marketplace.
In just 15 months since its launch, Health.com.au has experience phenomenal growth. Their disruptive approach to product, process and service has seen the company sign up over 40,000 members and deliver revenues of AUD$46M in their first year of operation.
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