The South Australian Government has announced its investment of $7.5 million into the University of South Australia’s (UniSA) manufacturing and engineering research institute. The funding package will support a range of initiatives to help create the State’s future industries.
The City of Sydney has unveiled its tech startup action plan to support local entrepreneurs and nurture new businesses. The plan follows on from extensive community consultation and aims to foster a vibrant tech startup ecosystem and raise the profile of innovative startups.
Sydney-based recruitment startup Skilld has today launched its platform to address the high demand of skills in the hospitality industry. Founder of Skilld Gen George, together with the minister for skills and small business John Barilaro will open up the new match-making service to SMEs and skilled workers.
Westpac’s VC fund Reinventure has invested in fintech startup Valiant Finance, a business loan marketplace that matches borrowers with lenders to provide SMEs with an alternative source of funding. This is the second round of funding for Valiant, with Westpac in the process of finalising the deal, following on from its first seed investment of $800,000, along with H2 Ventures and a range of angel investors.
Australian startup Octet partners with Chinese bank Asiafactor to provide SMEs with a global payment platform
Following on from a partnership deal with Westpac earlier this year, Australian fintech startup Octet has today partnered with Chinese bank Asiafactor to provide SMEs with a global payment platform. Octet will now connect its customers across China to more than 10,000 world suppliers.
Today NAB and Telstra announce a startup joint venture to offer small businesses a digital marketplace. The new marketplace called Proquo will provide more than two million Australian small businesses an online platform where they can network, trade or swap services with one another.
Sydney startup Skippr is a finance platform that wants to empower SMEs to better understand their cash flow by connecting invoice finance with cash flow forecasting.
Australian startup TruePillars recently launched to serve small and medium sized businesses seeking loans to finance growth. In turn, the startup helps investors expand their portfolios and show their support for local businesses.
Enter DiffuzeHR, an Australian SaaS platform that essentially acts as a HR manager for small to medium enterprises. It gives users access to legally-compliant industry and role-specific documents that update automatically to reflect industry changes, recruitment and onboarding processes, performance management features, and an online portal for employees.
Sydney fintech startup Neu.Capital is one of the first global marketplaces for established mid-market companies to source alternative capital. The startup opens these companies to a wide range of investment offers from both Australian and overseas investors.
Australian entrepreneur Martin Martinez has recently unveiled Entrepreneur Card – a membership and rewards based programme dedicated to entrepreneurs and SMEs. Based on the US organisation Founders Card, the programme offers access to networking opportunities with well-established entrepreneurs and business leaders, as well as exclusive benefits and privileges from local brands in the travel, accommodation, lifestyle and dining industries, to name a few.