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Startupbootcamp received $600,000 for the first year (2016), with the potential of following up funding in the subsequent years. The funds will enable the opening of a hardware lab in Kydo, Melbourne’s IoT and Data Tech Startup Space and will provide the core funding for the launch of the accelerator program in 2017.
Its thrust appears to be on creating a ubiquitous network that Australians simply cannot overlook. So it plans to continue on its effort to build 24/7 lockers and retail superstores. An articulated goal is to ensure that 80% of Australians in metros can find one within 10 minutes’ drive.
An upbeat Forrester report about ecommerce in the country is setting the background for the fifth annual Professional eBay & eCommerce Sellers Internet Conference, scheduled for 21-22 July on the Gold Coast. The American researcher, in a report released late last month, predicted the Australian ecommerce market would rise 37% to $36.8 billion by 2013.