NSW startups to have a strong presence at CeBIT Australia

NSW startups will be strongly represented at CeBIT Australia 2018 with 16 companies supported by the NSW Government-backed Jobs for NSW to exhibit in the largest startup showcase in the Asia Pacific.

Deputy Premier and Minister for Small Business John Barilaro said CeBIT Australia – in Sydney from 15 to 17 May – would be a great opportunity for startups in NSW to showcase their technology to the world.

“Some of the best NSW startups will be on show at CeBIT Australia which attracts more than 15,000 people, over 300 exhibitors and the newest innovations from more than 30 countries,” Barilaro said.

“Jobs for NSW is helping our startups and small businesses to create new jobs with a range of financial support – including grants, loans and loan guarantees – which it will also be promoting at CeBIT.

“The fruits of this assistance will be on display at the dedicated startup space – Entrepreneur HQ – featuring 16 Jobs for NSW supported companies across sectors spanning software, data science, FinTech and MedTech,” he said.

PingData – which has developed an app that removes the need for paper receipts – will be among companies on display at the startup space.

The inconvenience of paper receipts inspired PingData co-founder, Paul Weingarth, to develop a smart receipt that is automatically linked to a transaction in your mobile banking app – with the help of a $25,000 grant from Jobs for NSW.

PingData used the grant to test and validate the solution with a tier-one Australian Bank.

“We think it’s crazy that customers can pay in-store by seamlessly tapping a card or a smartphone, however, they still receive a centuries old paper receipt.

“That’s why we have invented the PingReceipt – customers simply pay as normal and seconds later they will receive a PingReceipt inside their mobile banking app.”

Minister Barilaro said that the $190 million Jobs for NSW Fund is on track to support almost 20,000 jobs in NSW by 2021/22.

“Because the startup sector is worth $70 billion to the NSW economy we are focused on creating the right environment for people to launch a startup, and to provide the support they need to succeed.”

“It’s not up to governments to come up with great new business ideas – but it is our job to do everything we can to ensure the people with those great ideas can bring them to life, as we will see at CeBIT next month.”