Government support of the local startup ecosystem is showing no signs of slowing down, with NSW Premier Mike Baird this week announcing plans to create a dedicated tech hub in Sydney, dubbed ‘Silicon Harbour’.
Canva co-founder Melanie Perkins takes out top prize at the NSW Technology Entrepreneur of the Year Awards
The wins keep coming for design startup Canva. Just a few weeks after closing a US$15 million Series A round that has valued the startup at $165 million, co-founder Melanie Perkins has taken out top prize at the NSW Technology Entrepreneur of the Year awards in recognition of her ‘entrepreneurial endeavours and role model qualities’.
There are two schools of thought in the sports world when it comes to analysing and grading athletes. The first sees a team rely on a gut feeling that says that player’s going to be a superstar, while teams going by the second have endless amounts of data to back up their opinions. Thanks to the greater acceptance of analytics in sports that came with the book Moneyball, which explained how a Major League Baseball team used advanced analytics to build a good team cheaply, teams are increasingly relying on the latter.
NSW launches “whole-of-government” data initiative to help startups create smart solutions to societal problems
Despite data being one of the greatest assets at the disposal of governments, it is also one of the most underutilised. For long, governments, both at a state and federal level, have been sitting on millions of bytes of data and spent tax dollars on products that are still perceived to be substandard. This may be set to change with the NSW Minister for Innovation and Better Regulation, The Hon Victor Dominello MP, announcing the launch of a “whole-of-government” data analytics centre to drive innovation in the State.
Ask the Australian Government about our nation’s healthcare system and it will tell you that it is broken. From WellOne’s healthcare membership system to health job search platform HealthcareLink, the number of Australian startups that have emerged in the sector over the last few years confirms that there are quite a few problems to be solved.
Airbnb has finalised a funding round of $1.5 billion, led by General Atlantic with participation from Tiger Global and Hillhouse Capital. The round, one of the largest private rounds to date, puts the company’s valuation at $25.5 billion.
Underwear most likely isn’t anywhere near the top ten in most people’s list of things that first come to mind when they think of innovation, but Australian entrepreneur Kristy Chong thinks it should be.
ATP Innovations and the NSW Office for Health and Medical Research have announced the opening for applications into their Medical Device Commercialisation Training Program (MDCTP).
Less than a month out from the state election, NSW Premier Mike Baird this week unveiled a new fintech startup space which is set to open in the heart of the Sydney CBD in May.
Transport for NSW and Roads and Maritime Services, in partnership with Deloitte, are inviting tech innovators to participate in the 2014 Codeworks hackathon in September. However, applications are closing tomorrow, so interested parties should get onto it right away.
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.
Some of the State’s most innovative technology start-ups were honoured at this weeks Tech23 showcase in Sydney. Deputy Premier and Minister for Trade and Investment Andrew Stoner said the Tech 23 innovation event showcased 23 young technology companies and their business models to an audience of over 400 potential investors, partners and clients.