Technological innovations seem to be more and more rapid each year. The rate at which technology evolves accelerated in 2020, thanks to the COVID-19 pandemic.
The pandemic has provided plenty of insights in identifying trends, recognising patterns, and modelling landscapes while tracking progress and growth — not just to navigate through the pandemic but also for adaptation in various industries and technologies.
Below are a few emerging tech trends that startups are embracing to accelerate their solutions and get richer products to market.
A low-code application is a computer program that is fully customised with a minimal amount of programming…
Last week’s Victorian State budget committed over $186M to the startup sector, in recognition of the importance that startups will play in the economic recovery of the state.
The most interesting is the Fund of Funds — the Victorian Startup Capital Fund (VSCF), which appears will invest alongside qualified VCs into startups. The fund is launching a raise of $60M of institutional, family office and sophisticated investor capital to be invested alongside the Government’s $60.5M stake to create a fund of $120M. …
Many senior executive careers have been the casualty of downsizing, restructures or M&A activity that has left them wondering ‘what is next’?
The growth prospects in many economies are shrinking and some sectors will take years to recover fully from 2020. In 2019, the global rate of unemployment stood at a high of 5.4 percent. Also, according to the International Monetary Fund, “We are downgrading growth for 2019 to 3 percent, its slowest pace since the global financial crisis.” Still, in 2019, many nations recorded the highest executive turnover rate.
We’re often asked how we assess startup ideas and companies to determine eligibility for our startup programs and investments.
We receive hundreds of applications every year for each of our programs and we need to be able to train our staff to quickly assess if the startup has something ‘interesting’ that warrants a deeper level of analysis and consideration.
We thought we’d put a few thoughts down to provide some insight into our processes.
Recent data from DocSend (a popular presentation sharing platform), which tracks thousands of startup pitches, shows that VC’s spend less than 3 minutes on average reviewing…
In the last few years, the pressure to act on climate change has increased thanks to the manifestation of various events, including wildfires and floods.
The signs are occurring at an alarming rate. Stakeholders are compelled to act faster if the world is to meet its climate-change goals in time.
Companies need to anticipate the ways that climate change may directly affect their businesses. From supply-chain breakdowns, through employee migrations, to increased diseases and pandemics, or impact on reputation. These events await the business world if measures are not put in place now.
According to the UN, to stay below…
Angels play a significant part in determining a startup’s success rate. According to recent research, startups receiving angel investment are 25% more likely to survive in the first four years and 19% more likely to have grown to 75 team members.
Angel investing has gradually changed in 2020 due to COVID-19 — the global pandemic that affects every aspect of businesses and personal lives. …
A few years ago, Investing in startups was something reserved for those with substantial venture capital. Things have, however, improved in this space. Today, angel investing and venture capital are becoming mainstream investments.
In essence, angel investing involves putting money into a startup with a promising future. More and more investors are finding more opportunities, especially with the current crisis, when more startups need support.
But, what does angel investing entail? Let’s find out.
Why invest in startups?
There are many reasons why you should invest in a startup. Consider the following benefits.
Huge Profits. This is perhaps the primary…
On 26 November 2017, the Australian Government announced the introduction of Consumer Data Rights (CDR) in Australia. CDR would be implemented in phases starting with banking, through energy and later telecoms sectors.
The reforms are designed to give Australians greater control over their data in a bid to:
Implementation of CDR commenced In July 2019 when the first Open Banking APIs went live. …
Hydrogen fuel cells have been around for over 150 years, offering a source of energy that is 100% clean and in abundance. Hydrogen fuel-cell (HFC) vehicles of the electric variety, use hydrogen to react with oxygen in order to power an electric motor, with the only by-product being heat and water. Unlike battery-powered electric vehicles (BEVs), their range and refueling processes are comparable to conventional cars and trucks. The question is can HFC vehicles provide a viable future to the masses?
Like BEVs, HFC vehicles offer zero emissions from operation, being powered from renewable sources of energy, however, BEVs have…
Companies struggle with the thought of innovation, it is often seen as an obstacle. The purpose of innovation is to provide a competitive advantage.
In Australia, Solar PV and Battery Storage is disrupting the fossil-fuelled electricity market, in this article I focus on how this can be achieved.
When organisations lack any form of process for innovation, deployment of new technology tends to be decided on what looks the most attractive, of what the organisation’s decision-makers are drawn towards and advocate for it. This method lacks any material evidence and more often than not will fail as a result.