Archive for the ‘awards’ Category

$5 million up for grabs for the right Australian digital startup

Friday, May 9th, 2014
Photo credit; vagawi on Flickr

Photo credit; vagawi on Flickr

One Australian digital startup will be selected to receive $5 million in funding, thanks to The Big Pitch, a competition run by Melbourne venture capital fund Oxygen Ventures.

In addition to funding, Oxygen Ventures is offering mentoring and operational support to the winner. Applications close on June 5.

Five finalists will be selected to pitch in front of an audience and an expert panel that includes Dodo founder Larry Kestelman, Network Ten executive general manager Russel Howcroft and BlueChilli founder Sebastien Eckersley-Maslin.

Oxygen Ventures investment director Ilya Frolov says the Big Pitch judges are looking for digital start-ups at the pre-commercialised or newly launched phase that are globally scalable and offer innovative technology.

“The Big Pitch is a great forum for these start-ups to showcase a game-changing concept,” Frolov says.

For more information on this story, click here.

Online wine retailer takes home the Deloitte Technology Fast 50 award for 2013

Wednesday, December 4th, 2013
Photo credit; Uncalno Tekno on Flickr

Photo credit; Uncalno Tekno on Flickr

Vinomofo, an online wine retailer with revenue growth of 1,723% over the past three years has taken home the Deloitte Technology Fast 50 award for 2013.

Co-founder and CEO Andre Eikmeier said the award is recognition of the “impact of a million decisions we’ve made, and the traction in the marketplace. Since we’ve grown profitably, rather than simply pumped capital into marketing dollars to ‘buy’ our growth, it’s something we’ve very proud of. For us, our customers and suppliers aren’t just transacting with us; they have to a large degree invested in our journey. They believe in us, and have championed us from start-up.”

Deloitte’s Technology Fast 50 leader Joshua Tanchel said in a statement that Vinomofo’s innovative customer relationship model and its use of social media to enhance consumer engagement contributed to the business’s success.

“Vinomofo has disrupted and redefined the ultra-competitive online wine market since its launch three years ago. They have pioneered a content driven approach that has been a real hit for consumers, helping to break down barriers and open up new channels to market by working directly with wine producers.”

The Deloitte Technology Fast 50 Program ranks 50 of Australia’s fastest growing public and private technology companies, based on percentage revenue growth over three years (2011 to 2013).

Total revenue for this year’s Fast 50 winners was approximately $1.7 billion. Average three-year revenue growth for this year’s winners was 222%.

Melbourne-based online foreign exchange broker Pepperstone, which was founded in 2010, won the Rising Star Award, which recognises companies with strong growth potential that do not qualify for the Technology Fast 50 list, either because they don’t have revenue data for three years or they don’t meet the $8 million income threshold to take part in the Technology Fast 50 program.

To read more about this story, click here.

OneShift founder defies odds, wins awards

Monday, November 25th, 2013
Photo credit; Epic Fireworks

Photo credit; Epic Fireworks

Although just 22 years old, Genevieve George can count herself as the CEO and founder of a successful online start-up.

George runs OneShift, an online jobs platform which matches employees with employers.

“I know it’s not that common for a 22 year-old female to run an online business but I had an idea and I had a strong feeling that this idea would work out,” George said.

And it’s even more uncommon than George lets on. A report conducted by the government’s Department of Innovation, Industry, Science and Research revealed 68.5% of small business operators were male and 31.5% were female. It also found that the lion’s share of business owners are aged 25 to 54 years old (28.2%). In 2007, business operators aged 20-24 years represented just 2.5% of all owners.

“Obviously one of the difficult challenges for a younger business owner is finding the funding to back your idea and to prove that your idea can really work. OneShift started off as a free WordPress site and was embraced predominately by restaurant, bar and caf?? owners in Sydney,” George said.

OneShift now has 217,000 users in a wide variety of businesses all around Australia.

OneShift is doing so well, it has been awarded the 2013 Winner of the Australian Business Award for three different categories:

  • Innovation
  • Enterprise
  • E-Business.

George was the 2013 Winner of the Anthill 30Under30, which recognises entrepreneurs under the age of 30 for their outstanding entrepreneurial endeavours. She was also a finalist for Australia’s Small Business Awards.

“I do think that many young, business-savvy individuals lack the support and assistance to launch their ideas into the real world of business but it’s not impossible,” George said. “You do need a strong idea and you need to be able to let this idea go wild – change it, shape it, develop it. Finally you need a lot of motivation and persistence.”

To read more about this story, click here.

Award winning website promises to pamper

Wednesday, September 4th, 2013

Pamper Hamper Gifts, which won an Australian Small Business National Winner award in 2012, was established way back in 2004 by Bianca Kristallis.

Based in Sydney, Kristallis had the vision for her business after seeing that hampers were hampered by an inherent tackiness. Believing she could do better and bring the ‘wow factor’ back to hamper gifts, and Pamper Hamper Gifts was born and is still going strong today and winning business awards along the way.

To read more on this story, click here.

Obama hands out innovation awards

Thursday, November 18th, 2010

SMH reports today that President Obama presented the National Medal of Technology and Innovation, and the National Medal of Science to leading US scientists and inventors, in a White House ceremony.  These awards are said to be the highest honour to be given by the US government.

One of the award winners was Stephan Sasson who was the first builder of the digital camera prototype in 1975. These cameras “revolutionized photography, as all these folks back here can testify,” Obama said to the press.

Awards also went to Federico Faggin, Marcian Hoff and Stanley Mazor, who designed in 1971 the Intel 4004, the California firm’s first commercial microprocessor, and Stanley Prusiner, the man who discovered prions, misfolded proteins that can cause mad-cow disease and Creutzfeldt-Jakob disease in humans.