The Times Australia
Fisher and Paykel Appliances
Small Business News

.

Investible are scouting for Australia’s most innovative startup to represent Australia

  • Written by S T E P H B A R R


Investible are scouting for the most innovative startups across Southeast Asia and Australia to represent their countries at China’s Overseas Talent Entrepreneurship Conference (OTEC).

Investible are holding seven pitch battles across Southeast Asia to find the most innovative startups to compete in the semi finals of the ultimate international pitch battle - OTEC Kunming, to qualifying for the finals in Beijing this July.

For the first time in four years, Investible have extended their Overseas Talent Entrepreneurship Conference (OTEC) search to Southeast Asia. With OTEC one of the world’s largest VC events, the move reflects Investible’s recent expansion and commitment to supporting Asian startups, with pitch battles to be held in Sydney, Jakarta, Kuala Lumpur, Manila, Bangkok, Singapore and Ho Chi Minh City.

 

"There's often too much tunnel vision focused on Silicon Valley or Tel Aviv. Investors sometimes forget that these Asian nations are just one flight away from Australia, the USA and the UK, and have economies that are uniquely placed to nurture high-growth start-up." says Investible cofounder Creel Price.

The winning startup from each country will receive flights and accommodation to complete at the OTEC 2019 Semi finals in Kunming, connections with China’s top venture capitalists, peer to peer networking with other exceptional global startups, and a one-on-one investment meeting with Investible’s Investment team.

As one of the most active early stage investment groups in Australia, Investible alongside local investors and venture capitalists, will judge the most innovative startups based on the founding team, market traction and ability to scale technology into new markets based on the Invisibility Index. Teams will have four minutes to pitch and four minutes for Q&A.

Having heard thousands of over-engineered pitches throughout his career, Price suggest startups should aim to be succinct, speak frankly, with confidence and authenticity, and have an ask of investors with a monetary value.

If you can’t say what you do in one succinct sentence, that an average person would understand, then chances are the average angel investor won’t understand either,” explains Price.

 

Startups from around the globe that qualify to for the OTEC finals in Beijing will battle it out for the chance to win 1,000,000 RMB (approximately $150,000 USD) and the opportunity to access a RMB $5 million entrepreneurship loan. The pitch competition not only gives startups the opportunity to secure funding, but to raise their profile in the Chinese region.

Startups ready to raise Series A or B capital, with an established customer base and revenue stream are encouraged to enter the Investible search for Australasia’s most innovative startups via the links below:

Jakarta – 29 April 2019: https://promo.investible.com/otec/jakarta

Bangkok – 3 May 2019: https://promo.investible.com/otec/bangkok

Ho Chi Minh City – 6 May 2019: https://promo.investible.com/otec/vietnam

Kuala Lumpur – 8 May 2019: https://promo.investible.com/otec/kualalumpur

Manila – 10 May 2019: https://promo.investible.com/otec/manila

Sydney - 14 May 2019: https://promo.investible.com/otec/sydney

Singapore – 17 May 2019: https://promo.investible.com/otec/singapore


About Investible

Investible is an early-stage investment group that provides high potential founders the financial, human and intellectual capital needed to scale. Investible's mission is to de-risk angel investment on a global scale. With 70+ investments, including being first money in “unicorns” Canva, Brandless and Ipsy, Investible has produced an investment performance of 67% IRR over 8+ years.

Investible recently expanded its operations to the Asian markets, launching Club Investible Singapore, and sponsoring start-up pitches at OTEC Beijing and Techsauce Thailand.

Investible Website: https://investible.com/

Property Times

Why the Prevailing RBA Mortgage Interest Rates Are Not to Blame for the Continuing Rise in Residential Dwelling Prices

Australia’s housing market remains one of the most debated economic issues of the decade. Despite successive Reserve Bank of Australia (RBA) interest rate hikes aimed at cooling demand, residential dwelling prices across most capital cities and man...

How Real Estate Agent Commissions Work in Australian States and Territories

When buying or selling property in Australia, one of the biggest costs—beyond the property price itself—comes from real estate agent commissions. These commissions are the fees agents charge for marketing, negotiating, and finalising the sale of ...

Understanding Centrelink Investment Property Valuation: A Guide for Australian Property Owners

Introduction Owning an investment property in Australia can bring financial stability — but it also comes with responsibilities, especially when it comes to Centrelink assessments. Whether you’re applying for age pensions, disability benefits, or ...

Rubber vs Concrete Wheel Stops: Which is Better for Your Car Park?

When it comes to setting up a car park in Perth, wheel stops are a small feature that make a big difference. From improving driver accuracy to preventing costly damage, the right choice between rubber and concrete wheel stops could save you time, mon...

Food & Dining

Restaurants to visit in St Kilda and South Yarra

Here are six highly-recommended restaurants split between the seaside suburb of St Kilda and the stylish inner-east locale of South Yarra, Melbourne — perfect if you’re planning a food-lovers outing. I’ve included details about what makes each sp...

How early is too early’ for Hot Cross Buns to hit supermarket and bakery shelves

Every year, Australians find themselves in the middle of the nation’s most delicious dilemmas - when is too early for hot cross buns? As soon as the first packs appear in supermarket aisles on Boxing Day, the country divides into two camps: the d...

Farm to Fork Australia Launches Exciting 7th Season on Ten

New Co-Host Magdalena Roze joining Michael Weldon, Courtney Roulston, Louis Tikaram, and Star Guest ChefsDual Entertainment is proud to announce that Australia’s beloved food and farming series, Farm to Fork Australia, makes its much-anticipated retu...

Renowned Sydney Restaurant, Alpha Dining, Welcomes New Executive Chef: Riccardo Pazzona

Sydney’s modern Greek dining institution, Alpha Dining, has announced the appointment of Riccardo Pazzona as Executive Chef.  Operated by the Dedes Waterfront Group and located in the heart of Sydney’s CBD, Alpha has long been at the forefront o...

Active Wear

Business Times

NRMA Partnership Unlocks Cinema and Hotel Discounts

My NRMA Rewards, one of Australia’s largest membership and benefits programs, has announced a new partnership with leadin...

Australian Startup Business Operators Should Make Connections wit…

In the rapidly shifting global economy, Australian startups are increasingly finding that their greatest opportunities do...

Intuit QuickBooks Launches Australia's Most Advanced Open Banking…

Intuit Australia Pty Limited, subsidiary of Intuit Inc. (NASDAQ: INTU), the global financial technology platform behind I...

The Times Features

Myer celebrates 70 years of Christmas windows magic with the LEGO Group

To mark the 70th anniversary of the Myer Christmas Windows, Australia’s favourite department store...

Pharmac wants to trim its controversial medicines waiting list – no list at all might be better

New Zealand’s drug-buying agency Pharmac is currently consulting[1] on a change to how it mana...

NRMA Partnership Unlocks Cinema and Hotel Discounts

My NRMA Rewards, one of Australia’s largest membership and benefits programs, has announced a ne...

Restaurants to visit in St Kilda and South Yarra

Here are six highly-recommended restaurants split between the seaside suburb of St Kilda and the...

The Year of Actually Doing It

There’s something about the week between Christmas and New Year’s that makes us all pause and re...

Jetstar to start flying Sunshine Coast to Singapore Via Bali With Prices Starting At $199

The Sunshine Coast is set to make history, with Jetstar today announcing the launch of direct fl...

Why Melbourne Families Are Choosing Custom Home Builders Over Volume Builders

Across Melbourne’s growing suburbs, families are re-evaluating how they build their dream homes...

Australian Startup Business Operators Should Make Connections with Asian Enterprises — That Is Where Their Future Lies

In the rapidly shifting global economy, Australian startups are increasingly finding that their ...

How early is too early’ for Hot Cross Buns to hit supermarket and bakery shelves

Every year, Australians find themselves in the middle of the nation’s most delicious dilemmas - ...