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Aussie digital businesses get head start

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Representatives from 10 companies will begin working with world class mentors on their cloud, web and social network ideas this month after being selected for the ANZ Innovyz START program. The selected representatives will relocate to South Australia for a 13 week intensive program working with CEOs, corporate executives and other mentors to discuss the expansion of their companies both locally and internationally. High-profile program mentors include chief experience evangelist for Microsoft’s US developer and platform evangelism (DPE) team, Chris Bernard. The ten chosen companies, nine of which are from Australia, were selected from 120 applicants based on the potential of their ideas. Dr. Jana Matthews, managing director of ANZ Innovyz START said, "We were looking for break-through ideas that could be enabled by web 2.0, software and mobile. We have been very pleased with the breadth and depth of business ideas we’ve seen in the applications for the 2013 ANZ Innovyz START program. The vision, passion and ambition of our entrants is testament to Australia’s burgeoning start-up and small business eco-system." The program, modeled on the US program TechStars, is designed to accelerate start-up companies so they're ready for international expansion. Nick Reade, ANZ general manager for small business, said, "ANZ’s ongoing support for this program forms part of our commitment to the Australian small business sector and in particular start-up businesses. When you're a start-up business, success requires more than a great innovative idea, it's about having the right support, mentoring and access to knowledgeable investors to get off the ground."

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