Technology advisory firm, Innovation Dynamics, has been accredited by the Small Scale Offerings Board to provide access to the largest capital-raising platform for unlisted companies in Australia
Australia, Commonwealth of (Press Release) January 22, 2008 --
Staff at national technology and life sciences advisory firm, Innovation Dynamics Pty Ltd, have been accredited by the Australian Small Scale Offerings Board to provide access to the largest capital-raising platform for unlisted companies in Australia.
Through ASSOB, Innovation Dynamics will be able to work with life sciences and nanotech companies to assist them raise capital for business expansion or growth.
Dr Lyndal Thorburn, Managing Director of Innovation Dynamics, says “Innovation Dynamics is delighted to be able to further support technology-based companies raise these very important early rounds of equity investment to fund their growth and expansion.”
“ASSOB helps companies to create an attractive investor offer and capital structure that they promote to investors through listing on the Board. It also assists companies become “investor-ready” and to demonstrate their capacity to meet the demands of later stage investors and potentially, public listing”, she said. “We are delighted to be able to work with ASSOB to help companies bridge the early stage funding gap.”
Brookes McTavish, Managing Director of the Australian Small Scale Offerings Board, welcomed the company’s participation in ASSOB. “Innovation Dynamics and its principal, Dr Thorburn, have excellent relationships in an industry sector I’m particularly keen to see supported, biotechnology.”
“Since the tech crash of 2000, all technology companies have been doing it tough,” she said, “but particularly biotech because of the costs of R&D and innovation. This means that Australian biotech innovation has been languishing through lack of funds”.
Background
The Australian Small Scale Offerings Board (ASSOB) provides a platform to assist unlisted companies raise capital through the origination, aggregation and sale of their securities. ASSOB utilises the fund-raising provisions of the Corporations Act, 2001 and accords its exemptive relief to companies listed on the Board, enabling direct investment.
ASSOB consultants are trained in all aspects of compliance and governance relating to capital raising and structuring and have assisted businesses in almost every industry sector including mining, education, IT&T, finance, travel, environmental technologies, bio-fuels and entertainment. See www.assob.com.au
Innovation Dynamics provides independent, high-quality advice to technology based organisations and companies to help them reach the market, to grow and to commercialise their products. The company services a broad range of clients who benefit from its expertise in business, commercialisation, innovation and an indepth knowledge of many technology-based sectors.
Innovation Dynamics has offices in Sydney, Canberra, Brisbane, Melbourne and Perth. It has a broad client base, and currently services clients in all Australian states as well as New Zealand, Singapore, Europe and North America. The company was recognised as ACT Emerging Exporter in 2006 and in 2007 was again a finalist in the ACT Chief Minister’s Exporter Awards – Service Industries category.
Innovation Dynamics also writes and published the BioIndustry-Review – Australia and New Zealand, which is recognised as an authoritative source of information on the Australian and New Zealand biotech industry; and markets several software packages for technology-based companies.
Through ASSOB, Innovation Dynamics will be able to work with life sciences and nanotech companies to assist them raise capital for business expansion or growth.
Dr Lyndal Thorburn, Managing Director of Innovation Dynamics, says “Innovation Dynamics is delighted to be able to further support technology-based companies raise these very important early rounds of equity investment to fund their growth and expansion.”
“ASSOB helps companies to create an attractive investor offer and capital structure that they promote to investors through listing on the Board. It also assists companies become “investor-ready” and to demonstrate their capacity to meet the demands of later stage investors and potentially, public listing”, she said. “We are delighted to be able to work with ASSOB to help companies bridge the early stage funding gap.”
Brookes McTavish, Managing Director of the Australian Small Scale Offerings Board, welcomed the company’s participation in ASSOB. “Innovation Dynamics and its principal, Dr Thorburn, have excellent relationships in an industry sector I’m particularly keen to see supported, biotechnology.”
“Since the tech crash of 2000, all technology companies have been doing it tough,” she said, “but particularly biotech because of the costs of R&D and innovation. This means that Australian biotech innovation has been languishing through lack of funds”.
Background
The Australian Small Scale Offerings Board (ASSOB) provides a platform to assist unlisted companies raise capital through the origination, aggregation and sale of their securities. ASSOB utilises the fund-raising provisions of the Corporations Act, 2001 and accords its exemptive relief to companies listed on the Board, enabling direct investment.
ASSOB consultants are trained in all aspects of compliance and governance relating to capital raising and structuring and have assisted businesses in almost every industry sector including mining, education, IT&T, finance, travel, environmental technologies, bio-fuels and entertainment. See www.assob.com.au
Innovation Dynamics provides independent, high-quality advice to technology based organisations and companies to help them reach the market, to grow and to commercialise their products. The company services a broad range of clients who benefit from its expertise in business, commercialisation, innovation and an indepth knowledge of many technology-based sectors.
Innovation Dynamics has offices in Sydney, Canberra, Brisbane, Melbourne and Perth. It has a broad client base, and currently services clients in all Australian states as well as New Zealand, Singapore, Europe and North America. The company was recognised as ACT Emerging Exporter in 2006 and in 2007 was again a finalist in the ACT Chief Minister’s Exporter Awards – Service Industries category.
Innovation Dynamics also writes and published the BioIndustry-Review – Australia and New Zealand, which is recognised as an authoritative source of information on the Australian and New Zealand biotech industry; and markets several software packages for technology-based companies.
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