UNSW has released an additional $750k in funding for Startup Programs largely managed by the Student Entrepreneur Development team within UNSW Innovations. The investment will see flagship program Startup Launch (previously known as Startup Games boasting alumni including IoT startup Forcite Helmet Systems and fintech company, Dime) transform from a pre-accelerator program into a program for more established startups. Meanwhile, other existing programs like Startup China, Innovation Dojo and the New Wave initiative for female entrepreneurs will substantially increase in scale and become more robust.
Another program to benefit from the upgrade is the Corporate Startup [...]
This week 21 applicants from a pool of 50 attendees of last months Innovation Dojo program Info Evening last month were confirmed a place in the program which will see them form new startup teams during an intense 9-day bootcamp hosted by Haymarket HQ, Sydneys Asia-focused co-working space who have partnered with the program. The group is diverse, and unlike many similar programs that attempt to form teams with the Silicon Valley derived formula of “hipster (designer), hacker (computer science engineer) and hustler (marketing and sales front person)”, Innovation Dojo introduces a new element to each team in the form of someone with strong foreign language skills and [...]
Ed: Really interesting product which could be described as the love child of a Router/Firewall and an Personal Security Application Server with failover and security features that can cost tens of thousands from Cisco.
They say the street always finds a use for your product often in ways you didn’t envisage. While Nodio seems to very focused on the blockchain app aspect of the device, as a former owner of a networking and ISP company the router seems like an ideal solution for small offices or individuals who require high levels of internet security and uptime, it has a failover/backup 4G/LTE connection as well as mesh networking between devices and an onramp to the TOR [...]
Ed: I get a lot of pitches and very few products impress me but this app is so cool
Startup Name: Photolemur
Tagline: Photo Enhancement on Autopilot
Elevator Pitch: Photolemur is the world’s first fully automatic photo enhancement solution, specially tailored for regular people with little-to-no knowledge of photo editing. It helps to make any photo much better through a user-friendly interface, with the help of unique technology. It is the next generation artificial intelligence that automatically performs complex image improvements, which traditionally require manual control, human involvement & time.
Photolemur analyzes millions of pixels per [...]
Commercial innovation in the 21st century is very focused on IT engineering and much less so on science. By way of example, I would suggest that over 90% of Silicon Valley’s investments over the last decade have gone into IT start-ups. At the moment, science is considered very ‘20th century’ in the tech investment world. The reason is that the comparative financial rewards for investments in IT are much higher, and with lower risks. It will take some time before this equation changes – we have a mountain of IT opportunities to work through and it will take decades before science once again becomes a primary focus of tech investment.
The comparative problem with a science [...]