News blog

Encouraging employee share ownership and entrepreneurship with ESOP

14 October 2014 Joint media release from the Hon. Tony Abbott MP, Prime Minister; the Hon. Joe Hockey MP, Treasurer; and the Hon. Bruce Billson MP, Minister for Small Business The Government will reform the tax treatment of Employee Share Schemes to bolster entrepreneurship in Australia and support innovative start-up companies. Employee Share Schemes give employees a […]

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ATP Innovations partners in $650k Challenge Cup for Startups

ATP Innovations has partnered with 1776, a Washington based incubator that runs the Challenge Cup. The Challenge Cup is a global competition that spans 16 cities in 11 countries to identify the most promising startups with the best ideas to solve the world’s biggest challenges on November 11. Challenge Cup participants compete for $650,000 in […]

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UNSW Researchers given “Easy Access” to NSW Medical Device Commercialisation Training Program

A technology which simplifies blood collection for medical diagnosis and a technology which affords better sound perception for Cochlear implant users were recently licensed to UNSW researchers participating in the NSW Medical Device Commercialisation Training Program (MDCTP) currently being run by ATP Innovations, the “world’s best technology incubator”. Two UNSW researchers, Dr Damian Conway and […]

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Government finally considers employee share scheme reform.

Source: Bronwen Clune @ Startupsmart The Australian Financial Review is reporting that the Abbott government will be relaxing tax arrangements around employee share programs that have been in place since 2009, with the new proposal opting to tax employee shares only when shares are sold. The AFR reports the Abbott government is considering a model along the lines of […]

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First YC-Backed Biotech Company Announced

Gingko Bioworks sounds kind of like a mad science lab of the future. The Boston-based biotech company is currently working on a project with DARPA to treat antibiotic-resistant germs, using designer microbes to convert CO2 emissions into fuel and is somehow making yeast smell like roses. Gingko Bioworks co-founder Jason Kelly considers these projects, and many others, the future […]

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