4Dec

How to value your early stage start-up

By INNOVIC / December 4, 2015 / Handy Tips / No Comments

How to value your early stage start-up Determine how much you need to grow to raise the next round of investment. e.g. $100K over 12 months. Work out what you will give to an investor? Perhaps 5-20% Therefore the pre-money valuation is $500K (20% for $100K) or $2m (5% for $100K) How the range is ...

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How to Sell Online

By INNOVIC / December 2, 2015 / Handy Tips / No Comments

E-commerce – Setting up to sell online To create your own online store you will need a domain name, web host, dedicated IP address, payment gateway, and a shopping cart function. You will also need to comply with fair work practices and legal requirements, drive business to your website, market y...

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11Nov

Patents – past, present & future

By INNOVIC / November 11, 2015 / News, Technology / No Comments

Who knew? The first Australian patent to be granted was in 1906 to Andrew Brown McKenzie for improvements to the Westinghouse railway brake system. Future patents? Space elevators, driverless cars, 4D printers, wearable technologies and more.

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10Nov

Biometrics – the death of passwords?

By INNOVIC / November 10, 2015 / News, Technology / No Comments

The trouble with passwords is remembering them! Hence the most common ones are “123456”, “password”, “12345” and “qwerty”. We all know that passwords need to be long, strong, eight plus characters, with a mix of upper and lowercase letters, numbers and symbols. Creative passwords can help but the...

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