Feeds

Start-ups get tech boost from serial entrepreneur

Locomote seeks new digital upstarts

Secure remote control for conventional and virtual desktops

Australian software entrepreneur Philip Weinman has ploughed his expertise and some cash into Deasil Management, a company that invests in start-ups, existing private companies and under-performing, under-valued ASX-listed public companies.

The founder of solutions outfit HiSoft - later acquired by Australian insurance company National Mutual - Weinman has evolved into a serial start-up investor.

Under the auspices of one of his key investments, digital agency Locomote, he has now launched the 2012 Venture Technology Program. The program is soliciting expressions of interest from start-ups.

Successful applicants to Locomote’s 2012 Venture Technology Program will receive technical development for their online or start-up business including online software development, mobile applications, websites, marketing material and mentorship in return for a fair equity stake.

This is the second year of the initiative, the first year resulted in Locomote partnering with three online businesses who collectively average monthly gross revenue of $2 million.

Locomote co-founder, David Fastuca said: "Online businesses and platforms are booming and for many, the idea is a winner but isn’t supported by the necessary technical and development skills to get the idea off the ground. Locomote’s Venture Technology Program removes the high spend associated with hiring technical experts, leaving more funds for marketing efforts.”

Interested parties need to be "passionate and committed" to making their online business work, and have at least three potential customers identified. Online businesses and start-ups can register their interest here. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
prev story

Whitepapers

Free virtual appliance for wire data analytics
The ExtraHop Discovery Edition is a free virtual appliance will help you to discover the performance of your applications across the network, web, VDI, database, and storage tiers.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.