Archive for July, 2012

Building Businesses With Three Words: No, Big, Deal

I usually get a lot of inspiration by reading entrepreneurs’ success and failure stories and am extremely grateful that we live in an era where it’s almost trendy to share these stories. Despite this, it often happens that the advice, insights or takeaways are hardly transposable and applicable to a wider range of scenarios. Or […]

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Clean tech start-ups get set

An Australian design duo that wants to shake up sustainable urban transport options is representative of the evolution of accelerators about to hit the local start-up scene. Hugh Worthington and Will Wansey, with their finance mate Sean Foley, are behind Chunk Moto – a business that converts the humble postie motorbike into an electric vehicle. […]

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Australian Navy explores alternative fuel use with United States

The Royal Australian Navy has signed an agreement with the US Navy to explore the increased use of environmentally friendly fuels. Australia’s Chief of Navy, Vice Admiral Ray Griggs, AO, CSC, RAN and the US Secretary for Navy, Ray Mabus, have signed a Statement of Cooperation which recognises the potentially significant benefits research into alternative […]

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Ignition Labs mentor joins ARENA

The federal government has chosen a cleantech venture capital veteran and Ignition Labs mentor, Ivor Frischknecht, to be the inaugural CEO of the Australian Renewable Energy Agency (ARENA), which will have $3.2 billion to invest in emerging technologies. Frischknecht has been investment manager of Starfish Ventures, which invested in companies such as Ausra, the solar […]

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There is no zombie apocalypse and the sky is not falling on the Australian startup community

There is no zombie apocalypse and the sky is not falling on the Australian startup community, but economies of scale and the maturity of the Australian investment ecosystem have much to do with a steady migration of young Australian businesses to the USA. Lets first look at scale and product-market fit.  The Australian population is […]

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