Australia is an incredible country brimming with start-ups and celebrating a great startup culture. It is only natural, then, for support systems around it to show up as well. A startup reaches out to a startup accelerator or a startup incubator in order to get a head start in the market. Young and innovative companies can find mentors in startup accelerators that help them gain years’ worth of knowledge with the help of their intense training programs. Before we get to our list of the top 12 startup accelerator and startup incubators, here is a quick rundown on the main benefits of such programs.
The many advantages to these short-term growth programs offered by startup accelerators and startup incubators include
Seed capital: Many startup accelerators offer some initial capital to help you wade through the first few years in exchange for equity.
Rigorous training program: You get to learn the ‘hows’ and ‘whys’ of business from the experts themselves. Successful founders and investors impart their wisdom to help your business flourish.
Office/coworking space: Some startup accelerators also provide private offices or coworking spaces for you to plan your way forward.
Cohorts: This is a great opportunity for networking as you get to meet like-minded people and fellow innovators. You can also get connected to an alumni network.
Pitch/Demo day: You get to pitch your startup idea to potential investors.
Cities like Melbourne and Sydney are flourishing global startup hubs and draw founders and investors from all over the world. Here are the best startup accelerators and startup incubators in Australia that are dedicated to helping new startups succeed.
Venture Capital (VC) firms are the lifeblood of start-ups in Australia. A VC firm basically raises capital and provides funding to start-ups and small businesses with long term growth potential.
In the last decade, Australia has seen exponential growth in the number of startups being launched and quite a few of them have gone on to become world-renowned names. This new wave of Aussie startups and their success has been made possible by the millions of dollars being invested in them by venture capital firms. VC firms are different from Angel Investors, you can also read our list of the top 12 Angel Investors in Australia.
In this article, we have a closer look at the top 12 Australian venture capital firms.
Are you a budding entrepreneur with a great business idea? Does your startup idea need a boost of capital to get it off the ground? Angel Investors might just be the heavenly help you have been praying for.
An Angel investor (also known as a seed investor, a business angel, a private investor or an angel funder) is an individual who invests money in your startup, by providing you funding, usually in exchange for business equity. Angel Investors are different from Venture Capital firms. Not only will the right angel investors in Australia help you with funding your startup, but they can also add immense value in the form of expertise and professional network that they will bring with them.
With such backing, your startup idea – whether it’s in tech (an app idea?), or travel & hospitality, or education – or even SPACE! – is almost certain to get the wings it needs to fly.
We at Elegant Media are all about helping startups, which is why we have curated this list. For the sake of simplicity, we have divided the list into three categories:
It is forecasted that Australia’s eCommerce market will hit US$27.2 billion by the end of 2020. Mobile commerce heavily supplements this, one in four shoppers are now buying things on a mobile phone and 48% of people shop via mobile at least once a week. As more of us are buying products and services from our phones, it is essential to ensure a smooth user experience. This is where the difference between Progressive Web Apps (PWA) and Native Apps comes into play.
Let’s say that Sam has an eye on a particular product that he can get from two websites. He logs in on both from his phone and notices a stark difference between the two. While one looks like a poorly adapted mobile version of the website, the other is a responsive and fresh mobile website that offers app-like interactions and allows you to work offline. There are no prizes for guessing which of the two the user prefers to make a purchase from. The latter is a well-developed progressive web app. A native App is a regular App that you have on your phone.
In this article we cover:
What is a PWA or Progressive Web App?
What makes a PWA so great?
Progressive Web App success stories
Cons of Progressive Web Apps
How do Native Apps Compare? (Pros and Cons)
Progressive Web App vs Native Web Apps a comparison
Advantages of using progressive web apps for your business
Advantages of using native apps for your business
The final word on the Native App vs Progressive Web App debate
Even though App stores are flooded with different applications, Apps are only getting started. The correct execution of a good mobile App idea can easily make you a profitable App entrepreneur and possibly even a millionaire.
The App markets, both Android and iOS, are blowing up; with new ideas and innovative apps making waves every day. The mobile app economy was worth $53 billion in 2012 and is tipped to be worth $6.3 trillion in 2021. There’s a lot of money to be made in investing in this market.
It was in June 2007 that the very first iPhone was released. Native apps were developed for the phone, and just over a year later, the App Store was launched. Till only 13 years ago most people on the planet did not even know what App designs or even Apps are. Fast forward to 2021 and Apps have become the lifeblood of the way we humans consume information, communicate with each other and do pretty much everything else.
A great App idea might not necessarily need funding from an investor. Depending on the idea, you might be able to fund it using your savings or pay for it using one of our Flexi payment plans. But many App ideas can end up requiring substantial amounts of investment and cash flow. If your App idea happens to be one of these, then the process of finding investors for your App idea in Australia can leave you confused and unmotivated. But don’t fret, we are here to help.
In this article, we list the most effective 10 ways in which you can find investors for your App idea in Australia.
1. Referrals might be your best bet at finding an investor
We Aussies are great at starting new businesses, and these new businesses account for a significant part of our countries economic growth.
“Australian startup firms less than 2 years old were responsible for driving the 1.6m net new jobs created between 2003–2014, while on a net basis, large firms made a little contribution” – Dept. of Industry, Innovation and Science, 2016
The costs of app development will depend on the platforms the App is launched (iOS or Android or on both platforms), the functionality or the features that are available on the App and the maintenance cost. Developing an App is similar to investing in a business. The capital investment will be high, however, with an accurate Marketing Strategy, the end result in terms of revenue will be limitless. Your idea of an App could be developed using the basic features initially so that the App could function efficiently and more features could be added once the user base grows and revenue increases. Social Media and Gaming Apps could be very expensive to develop but interestingly most of the popular Apps are in those industries too. Let us take a look at a few popular Apps and their cost of development.
If you are based in Australia and have come up with a brilliant idea to develop a Mobile Phone App, the first question that will cross your mind is, ‘How much will it cost to develop the App?’ In fact, this will be the first question which most people will encounter.
There are a lot of apps getting released these days. Aside from building a native app (which we’ll discuss later), there are other ways we can build apps using third-party bridging technologies. These are called Hybrid apps.
A mobile app for a business is meant to build an intimate bond with the existing clients, retain them as clients and also bring new clients. It’s, however, often noted that mobile apps benefit in the longer-run and don’t bring immediate profit.
So, what should be the purpose of an app?
The purpose of an app should be to:
Continue reading “Why Your Business Needs A Mobile App?”
Mobile phones are much in vogue today. Everyone has high-tech smartphones, and also a bunch of mobile apps installed in them. It’s no secret that we use mobile apps everyday to read news, network with friends, do some random tasks or just kill time. And, whenever we come to know about a new app, we are quick to download it. We use some apps daily without thinking how can Continue reading “How To Use Mobile Apps Efficiently: The A to Z”