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However, resistance to change hasn't stopped the creation of disruptive new ideas, particularly in Sydney. Here's a look at the entrepreneurs, and investors who are powering the next wave of innovation Down Under.
Humble beginnings inspired a voracious entrepreneurial streak, and Kogan is now worth hundreds of millions of dollars thanks to his startup, Kogan.com, a wildly successful online retailer.
Over 40% of companies worldwide use big data analytics but the results can vary. The main benefit of big data analytics is thought to be the ability to make better strategic decisions, with 69% of companies identifying this as the primary benefit.
Techstars Adelaide is designed to support early-stage companies advancing state-of-the-art applications in Internet of things (IoT), big data, sensors and robotics, with potential to developing and commercialising technologies connected to the defence and security sectors.
Regional entrepreneurs, innovators, artisans and small business owners across the country will have the opportunity to pitch their big business ideas when Australia Post Regional Pitchfest launches nationwide from March next year.
The aim of App is to help us understand what normal is when it comes to how much time we truly spend on our phones. There is so much noise in the media about this issue but most of the data is anecdotal without any real data.
The selected group, SmallStash, takes aim at financial education for kids, assisting parents to better educate their children on money and savings.
Four startups with a fledgling product or service will be selected to participate in the Acceleration Program and be supported through a mentored process to become a market ready, investable company.
Some of the problem areas to be addressed include disability access and support, employment, entrepreneurship, health, housing, language, legal and migration advice, working qualifications, tracing family, and translation services.
Employment Hero Founder and Chief Executive Officer, Ben Thompson said: “By simplifying administrative processes we can help businesses be significantly more productive.
The private sector led, NSW Government-backed Jobs for NSW is calling on business accelerators, incubators and other start-up partnering services to sign up to the new Sydney Startup Hub, which it’s hoped will rival similar venues around the world.
Stocard, the world’s leading mobile loyalty wallet, announced its latest financing round from Silicon Valley-based Rocketship.vc. Stocard will use the capital from the raise to expand in new markets including Australia
The survey of more than 600 small business owners across the country revealed that one in two (50 per cent) respondents are not satisfied with the government’s management of the Australian economy.
According to the latest research commissioned by HR and recruitment specialists, Randstad, more than half of Australian workers don’t think they have the digital skills to guarantee future employability.
ide Group launches the 2017 Building Better Futures for Health Challenge, offering $25,000 worth of design, development and commercialisation support for Australia’s best health innovation as part of Vivid Sydney.
The City of Sydney has awarded not-for-profit organisation Generation Entrepreneur a $10,000 grant to deliver a series of four workshops to support up to 800 high school students in pursuing their own ventures.
When the roller coaster is heading down, self-doubt settles in. Too many business owners become reactive and lack the ability to respond with commercial acumen.
When ‘specialists’ are not so special – LinkedIn reveals Australia’s most overused profile buzzwords
LinkedIn has revealed Australia’s most overused words on LinkedIn profiles to avoid this year. Aussies are using buzzwords such as specialised, passionate or strategic in an attempt to highlight their expertise
New research by Cisco has revealed that despite SMBs understanding the benefits and need for digitisation in their business, the cost of implementing the technology is still proving to be too much of a barrier for many
Making progress is all about taking risks and learning from these risks, whether they pay off or not. However, there are certain mistakes many business owners are still making unnecessarily, perhaps without even realising it.