Delicious/delimiterau
- Earning billions and getting taxed a pittance
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- Qantas tech exec shifts to Jetstar
- Zurich Australia leads regional thin client push
- Early investors drop Facebook
- Victoria kills HealthSMART IT project
- Woz not great - mUmBRELLA
- Santos' thin client starts big-data plans
- Nokia Lumia 800 revs up at Bridgestone
- Telstra privacy breach was 'one little oops'
Posts Tagged ‘early stage’
News, Startups - Monday, January 16, 2012 10:03 - 0 Comments
Startmate announces class of 2012
news Startmate, the Sydney based mentor-driven seed fund that invests in Australian techies who have ambitions of creating startups, has announced its latest class of protégées for the 2012 program. The fund was announced at the Tech23 2010 event held in Sydney and it has a stated mission of helping create world-class companies that will solve customer problems.
The Startmate accelerator program includes seed money of $25,000 representing 7.5% of equity in each company and a three-month mentoring opportunity from some the most successful entrepreneurs in Australia. It also offers free legal advice from high-profile law firm DLA Phillips Fox. While five startups were chosen for the program from the first batch of 86 applications, eight have been chosen in 2012 from 164 applications. The mentors at Startmate include big names in Australian startups like the co-founders of Threatmetrix, Grabble, Homethinking, Atlassian, Pollenizer and Vio Corp, to name a few.








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