Technology & innovation law
Redchip’s annual EOFY function last week gave me a moment to reflect on the year we’ve had and the commercial landscape for the coming 12 months. In personal news, I was stoked to remind our team we’d had 3 weddings, one baby and no funerals at the firm in FY2015 – good news!
While the word around the Australian start up community as 2016 dawns is immensely positive and up-beat, I do wonder whether the impetus provided by last year’s Federal Innovation Statement is going to drive capital where it needs to be.
While the devil might be in the detail as we process the full implications of the Federal Government’s National Innovation and Science Agenda, there’s one clear takeout that has me genuinely energised. Malcolm Turnbull seems to be taking serious steps towards unlocking the funding that start ups so desperately need to fully leverage the market opportunities they’re chasing.