Fairfax partners with start-up group to further innovation

Fairfax partners with start-up group to further innovationLast week, The Australian Financial Review co-hosted a FinTech Venture Capital and Corporate Innovation panel with Reinventure Group. PHOTO: Christopher Pearce/Fairfax Media

Fairfax Media has partnered with Startup Week Australia to encourage national conversation around innovation and entrepreneurship in business.

The not-for-profit organisation specialises in building start-up in Australia.

Fairfax titles participating in this partnership include The Sydney Morning Herald, The Australian Financial Review, and Business Review Weekly.

“Our support of Startup Week Australia’s program will allow us to engage with new and emerging audiences and align with new trends that are central to the future of business and our nation,” said Michael Stutchbury, editor-in-chief of The Australian Financial Review.

Startup Week’s programs run throughout the year and across the nation, discussing the start-up journey; workplace diversity; education around science, technology, engineering, and mathematics; and financial technology.

It is more than just a series of events, said the national organiser for Startup Week Australia Michelle Williams.

“A Petri dish of innovation, new ideas and success stories, it identifies the current infrastructure available for people to find the education, support, connection and funding they need to build their enterprise,” she said.

“As our national partner, Fairfax Media will help us ensure these resources are made available to as many people as possible, to develop and expand the conversation across Australia.”

Last week, The Australian Financial Review co-hosted a FinTech Venture Capital and Corporate Innovation panel with Reinventure Group.

On the panel was Federal Liberal MP David Coleman, a former technology entrepreneur and venture capital investor.

He said the government is looking into changing the tax system, with the possible abolition of the capital gains tax for investments in start-up companies.

The lunch event, moderated by financial services editor for The Australian Financial Review James Eyers, also discussed a variety of other topics, ranging from innovation, the necessity of raising workers’ technology skills, to big banks working with start-ups.

Also on the panel were senior innovation executives from Australia’s big banks, including co-founder of Reinventure Group Simon Cant, group executive of business and private banking for CBA Adam Bennett, and executive general manager for NAB Labs Jonathan Davey.

The event was held at Stone & Chalk in Sydney, a not-for-profit FinTech hub. At the event were about 100 financial services executives and FinTech entrepreneurs.

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