Friday, July 20, 2018

4 Business Start-ups with Rich Promises

by Michael Jolie (writer), Austrlia, November 26, 2015

Credit: BizofIT
BizofIT Business Services

For the last decade, the idea of a ‘startup’ has slowly developed traction, and is an increasingly attractive prospect for entrepreneurs and investors alike.

The news is dominated by international brands, including Uber, Snapchat, Spotify and Airbnb all of which are valued well in excess of $1B. Here are our top picks for the hottest startups of 2015.

BizofIT – Outsourcing industry

BizofIT is an I.T outsourcing company looking to leverage reverse marketing to bring clients and service providers together. As a platform which seeks to provide for both clients and service providers equally, it does an exemplary job of bridging the gap between what people want, and what people get. In just 2 years since its launch in 2013, BizofIT has already secured partnerships with multiple Fortune 2000 enterprise clients, and has over 2100 service providers under its books. The sky really is the limit, for this company looking to bring a cloud-like approach to I.T outsourcing.

Leka – Robotics

Leka is a robotics company specializing in the development of interactive robots for children and adults with developmental disorders, such as autism and Down syndrome. After entering, and winning the Robot Launch competition of 2014 with their autonomous robot Moti, Leka won a substantial monetary grand prize, as well as invaluable mentoring from established experts in the field of robotics. Starting with just 2 members, Leka have grown to 6 members in under a year, and offer the chance to become a shareholder on their website

The-odin – Medical Technology

The CRISPR-cas technique, the scientific miracle that promises to end all genetic diseases, previously restricted for use by highly specialized scientific researchers will soon to be in the hands of hobbyist biohackers the world-over. Who do we have to thank for this? Josiah Zayner, founder and CEO of the-odin, a company providing the equipment to carry out a technique previously requiring tens of thousands of dollars, to a $130 science kit. Will someone engineer a virus that will exterminate the human race? Watch this space.

Seedrs – Crowdfunding

Crowdfunding is a buzz-word at the moment, and for good reason. Crowd funding reduces a large financial goal into a discrete, more manageable chunk which can be funded by hundreds, to potentially thousands of backers. Seedrs takes this a step further, rather than simply allowing users to back a project, it allows backers invest in companies they believe in, and in return equity in the company. The amount of equity gained is proportional to the investment, and as such it provides a simple way to own a stake in a company that could one day make it big.

And so, despite recent reports that the start-up’s culture is on the decline, it is increasingly apparent that there is still room for growth, with startups focusing on technology and business markets standing the best chance at acquiring the significant venture capital required to succeed on an international scale.

About the Writer

Michael Jolie is a writer for BrooWaha. For more information, visit the writer's website.
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