[ad] The service leader for Cloud is now in Australia. Secure, reliable cloud and managed hosting all backed by 24x7x365 Fanatical Support. Create your free account now.
Buy an Seagate Business Storage NAS for your chance to win a holiday
[ad] Purchase a selected Seagate Business Storage NAS to receive a $20 cash-back AND go into the draw to win a $1,000 Flight Centre voucher so you can holiday in the destination of your choice. T&Cs apply.
Great articles on other sites
- Qld opposition blasts IBM lawsuit as waste of money
- NBN Co strategic review to be released tomorrow
- Xbox One smashes sales records
- Tech leaders call for speed, ubiquity in NBN rollout
- AIIA urges Hockey to tackle taxes
- IBM accuses Qld govt of trying to ‘rewrite history’
- Newlease undergoes reverse takeover to score ASX listing
- Australia Post loses battle | The Australian
- Start-ups leap at Telstra's accelerator
- Labor won't hand over NBN advice to Turnbull
How mobile and social media affect your Customer Experience strategy
[ad] How will the adoption of mobile devices and social media affect your Customer Experience strategy? Are you reaching your organisation's customers through these touch points? Click here to download a whitepaper by Fifth Quadrant examining consumer and business attitudes to these new contact channels.
50 things top IT pros need to know
[ad] This 18 page TechRepublic whitepaper explores 10 things you should know to become an epic IT manager, 40 other essential tips to advance your IT career and practical guidance for starting an IT consulting business. Click here to access the whitepaper.
News, Startups - Written by Renai LeMay on Friday, January 18, 2013 14:14 - 0 Comments
ANZ’s startup accelerator reveals next class
news The Innovyz START startup accelerator program recently launched by ANZ Bank and partner Innovyz has revealed the second 10 startups to which it will attract funding and mentorship, with the major of successful startups originating in South Australian capital city Adelaide.
ANZ Innovyz START is a 13-week accelerator program modeled after the successful TechStars program in the United States. The program provides a $6,000 stipend to each founder (up to $18,000 per company) to participate in the program, as well as working with the startups to help commercialise their operations and giving them access to potential investors. The group is one of 50 startup accelerators in the Global Accelerator Network that was created by TechStars. The program is the result of a partnership between the bank and South Australian firm Innovyz.
In a statement released yesterday, the bank said the 10 selected startups were picked from a total of 120 which applied to the program. The startups will relocate to Adelaide to participate in the program. Jana Matthews, Managing Director of ANZ Innovyz START said: “We were looking for break-through ideas that could be enabled by web 2.0, software and mobile. We have been very pleased with the breadth and depth of business ideas we’ve seen in the applications for the 2013 ANZ Innovyz START program. The vision, passion and ambition of our entrants is testament to Australia’s burgeoning start-up and small business eco-system.”
Nick Reade, ANZ General Manager for Small Business, said: “ANZ’s ongoing support for this program forms part of our commitment to the Australian Small Business sector and in particular start-up businesses. When you’re a start-up business, success requires more than a great innovative idea, it’s about having the right support, mentoring and access to knowledgeable investors to get off the ground”.
“This program is about fostering growth and innovation in start-up businesses and working with start-up companies to rapidly accelerate their growth. We’re a strong supporter of the start up segment, approving around 7 out of 10 start up loan applications.”
In a separate blog post, Matthews added that company founders were arriving in Adelaide this weekend from Melbourne, Sydney, Canada, the US and UK. “Last time we had fireworks the first night for Cooper’s Brewery’s 50th birthday party,” they said. “This time we have the “Tour Down Under” – what great beginnings for our programs! We begin on Monday, and on Tuesday CEOs and co-founders of four of our companies from Program 1 are coming in to talk with the new class – to share tips, lessons learned, and insights. It will be fun to watch them in the role of “the wise ones”.”
“I keep remembering one of my favourite quotes that’s chiseled above the fireplace at my university: “They gathered sticks, kindled a fire, and left it burning.” We all have a responsibility to gather sticks, pass on knowledge, and keep the fire burning for the future generations of students, entrepreneurs, and company founders. I’m proud of our company founders and their willingness to “give back” – and grateful to our mentors for setting such a good example.”
The successful startups are:
The Unicoach: A system that guides undergraduates through a step-by-step process that increases their productivity and enables them to achieve academic success (from Adelaide)
Kicktone: A website that enables bands to sell music directly to their fans through their existing social networks – no labels, no middle-men, no distributors (Adelaide)
Yesoft: A software company whose first product is Singa, a social network platform for both web and mobile devices that enables users to karaoke LIVE with online friends anywhere in the world (Adelaide)
FitUsIn: A booking site for the health and fitness industry that allows users to quickly compare gym deals and book their visits online (Adelaide)
Mobility Unlimited: A convenient new technology for all types of road price charging, regardless of location (Adelaide)
Datamunch: An online service that enables users to easily combine isolated datasets and gain insights quicker and cheaper than alternatives (Adelaide)
Edgebox: Web based software solutions that measure and promote data-driven improvements in patient safety in hospitals (Adelaide)
Memtell: A secure cloud based archival solution, which enables the sharing of product information, graphics, or personal memories in an audio-visual format (Melbourne)
TowardTheStars: A website with products that counter stereotypes and contribute to the health and wellbeing of girls all over the world (Sydney)
Agent Anything: A website that connects people and companies to cost-effective student labour for almost any kind of task, temporary job or service (Canada, USA, and UK)
It’s good to see ANZ and Innovyz really opening the field to these startups, taking startups in a wide range of different areas, with quite a few featuring products and services completely unrelated to banking and financial services. Too often when a major corporation gets involved in startup accelerator programs, they tend to support startups which they believe could eventually help the corporation itself in its own aims.
I also want to note that there really is quite a lot of early stage investment capital available in Australia now for technology startups. There are now half a dozen of these accelerator programs, and they’re available in most capital cities. Need a few tens of thousands of dollars to get a new business off the ground? Odds are you’ll be able to attract that funding at the moment — there are quite a few options out there.
Latest Delimiter 2.0 articles (subscriber content)
|It’s hard to imagine how things could have gone worse for Malcolm Turnbull in his first three months as Communications Minister. With the public rapidly turning on the Earl of Wentworth over his horribly unpopular new NBN policy, a growing perception that he’s stacking NBN Co with partisan staff and a lack of transparency verging on the hypocritical, it’s hard to find positives for the Earl of Wentworth from his initial period in office. Turnbull is truly fumbling the catch on both political and functional levels.|
|Politicians from Australia’s major parties need to stop issuing ludicrous blanket pardons for the intelligence community’s ongoing misdemeanours and start applying a basic modicum of transparency and accountability to this important national security function.|
|The independent pro-fibre National Broadband Network movement is doing a far better job of promoting Labor’s Fibre to the Premises-based NBN policy than Labor itself. When is Labor going to wake from its slumber and start supporting this scrappy but energetic grassroots network of activists?|
|Ziggy Switkowski's first substantial public appearance since being appointed NBN Co chief executive has starkly demonstrated just how different he is from his predecessor, Mike Quigley, and just how strictly he will adhere to the guidelines which his patron, Communications Minister Malcolm Turnbull, has set for him.|
|Australian technology companies have been virtually absent from the the nation’s public stockmarket over the past decade as the stigma of the dot com bust took its toll on investor confidence. But a clutch of new listings planned for the closing months of 2013 shows renewed interest in the sector and that local entrepreneurs are smelling money in the air once again.|
|NBN Co’s Strategic Review process gives the company an unmissable opportunity to re-evaluate the early decision to deploy its FTTP network primarily through Telstra’s underground ducts. The company and its new Coalition masters must now seriously consider deploying more fibre aerially on power poles in an effort to speed up its rollout substantially.|
|That moment which many Australian technologists fervently hoped for but never expected to see has come to pass: Simon Hackett has been appointed to the board of the National Broadband Network Company. But what questions should the Internode founder be asking NBN Co’s executive management team? Here’s five ideas to start with.|
Enterprise IT, News - Dec 13, 2013 17:36 - 0 Comments
More In Enterprise IT
- Brisbane Airport outsources IT to Data#3
- Fascinating case study about open source cloud
- “Diabolical mess”, “Scandal of epic proportions”: NT ICT Minister damns Fujitsu to hell in extraordinary rant
- Qld confirms plans to sell CITEC
- David Boyle appointed NAB CIO
Blog, Telecommunications - Dec 13, 2013 13:32 - 21 Comments
More In Telecommunications
- Delimiter publishes internal NBN Co FTTN analysis
- Please accept my apologies: I was wrong about Malcolm Turnbull
- NBN Co cancels FTTN rollout for HFC areas
- Vodafone’s Morrow new NBN Co CEO: AFR
- Turnbull requests Labor’s secret NBN docs
Blog, Industry, Startups - Dec 10, 2013 10:19 - 0 Comments
More In Industry
- Telstra shares millions with Box
- The Australian IT sector needs a stronger voice
- Xbox One goes off with a bang … but will the PS4 launch eclipse it?
- It’s not just Freelancer: Aussie tech IPOs are back in general
- Freelancer’s IPO: A billion reasons to care
Digital Rights, News - Dec 12, 2013 16:17 - 5 Comments
More In Digital Rights
- No plans for specific ASD intelligence inquiry, says Inspector-General
- Telstra ‘not logging’ customers’ web, email history
- Labor, Coalition reject Intelligence committee reformation
- Screwed: Australian PS4, Xbox One lack basic functionality
- Censored: Appeal for AG’s Blue Book fails