NSW start-ups well represented at CeBIT

CeBIT Australia 2018 will feature 16 start-up organisations supported by NSW Government-backed Jobs for NSW.

The event attracts more than 15,000 people, over 300 exhibitors and the newest innovations from more than 30 countries.

Deputy Premier and Minister for Small Business John Barilaro said CeBIT Australia, which will run in Sydney from 15–17 May, is a great opportunity for start-ups in NSW to showcase their technology to the world.

“Some of the best NSW start-ups will be on show at CeBIT Australia,” Barilaro said.

“Jobs for NSW is helping our start-ups 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 start-up 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 start-up 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,” said Weingarth.

“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.”

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 start-up sector is worth $70 billion to the NSW economy we are focused on creating the right environment for people to launch a start-up, 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.”

Image caption: Deputy Premier and Minister for Small Business John Barilaro.

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