Last year, a group of Australian startup veterans and executives created Startmate, a seed fund and incubator designed to provide small, early-stage investment and hands-on mentoring to local startups.

Bringing the Y Combinator model to Australia, Startmate chooses 5 startups to participate in its 3-month incubator program. It then seeds those 5 companies with $25,000 and offers them access to… → Read More