Feeds

Start-ups get tech boost from serial entrepreneur

Locomote seeks new digital upstarts

Top 5 reasons to deploy VMware with Tegile

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. ®

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.