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Blog

Keep up to date with the latest in Australian Innovation News.

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Blog

Keep up to date with the latest in Australian Innovation News.

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Many innovators and creative people are concerned that their ideas for new products, designs, services or technologies will be stolen by others. But how real is the threat? There are some examples of ideas allegedly "stolen" by others, including famous inventors such as Thomas Edison and Alexander Graham Bell. Even Mark Zuckerberg comes under suspicion. But, by definition all innovations, build on the work of others. So what can YOU do to protect your ideas?
Many start-ups looking to grow and develop their businesses turn to angel investors as a source of finance. Who are they? Typically angels are high net worth individuals or a group of investors that invest their own money in early stage ventures. Early stage is considered high risk, so angels will invest when banks and others will not. There are certainly upsides of getting an angel investors involved in your company, but there may also be some downsides.
If you have an innovative new product but don't have the time and resources to bring it to market, licensing the rights to your intellectual property may be a relevant option. But there are some things you need to know in order to be successful. You need to be clear on exactly why a potential licensee should take on your product. What's in it for them?
If you are creating an app there are many decisions you will need to make. These decisions will effect what you do now, and what you do in the future. There are three key tech concepts that you need to understand to enable you to make good decisions. These relate to your choice of which cloud service to use; the technology design and functionality of your app and the use of existing components. Find out more.
There are lots of social enterprises in Australia - over 20,000 and they employ over 300,000 people. But what actually is a social enterprise. Its not the same as a charity which is regulated by the Australian Charities and Not-for-profits Commission (ACNC) . So what is it?
Crowd funding can be a useful way to raise funds to develop or launch a new product. But there are many different types of crowd funders - so it is important to choose the one that is appropriate for the type of activity they you propose to undertake. There are four basic types of crowd funders: rewards-based, peer to peer lending, donations and equity. So how do you decide which is the appropriate crowd funding platform for you. Our five questions can help you decide.

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