JobKeeper Program – Startup-specific issues and FAQ

By Jack Qi on 29/04/20 - Mins to read: 4 minutes

The JobKeeper program is the cornerstone of the Government’s COVID-19 economic response measures, with an estimated cost of approximately $130 billion. The measures have been enacted very swiftly so the rules and requirements are being updated “on-the-go”. Many startups are scratching their heads wondering if they actually qualify for the...
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How to attract VC investment – From the VCs

By Jack Qi on 29/04/20 - Mins to read: 4 minutes

As part of the 2019 Spark Festival, William Buck hosted “Beyond Series A and B – What Do Advanced Founders Need to Know?”, a panel discussion with some of Australia’s leading venture capitalists (VCs).  Attendees asked panel members for their insights on the VC investment process, from initial introductions through...
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Proposed changes to the R&D Tax Incentive

By Dr. Rita Choueiri on 29/04/20 - Mins to read: 4 minutes

On 5 December 2019, the Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019 was introduced to Parliament. This Bill proposes numerous changes to the R&D Tax Incentive program, some of which are tweaked from the previous Bill proposed (after changes were initially announced in the 2018 Federal Budget)...
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Four tips to secure adequate cash flow for your startup

By Nick Kenny and Karly Whitehead on 29/04/20 - Mins to read: 4 minutes

Four in ten startups fail in the first five years of business. CB Insights recently dug into the “post mortems” of 101 failed startups and found that the second most cited reason for failure was that the company ran out of cash. Similarly, the Victorian Government recently announced that 80%...
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