More cash flows to fledgling Aussie sites | ZDNet

▤ Summary

Local web 2.0 investment house Future Capital Development Fund (FCDF) today revealed it had ploughed money into two more niche Australian websites, with chief executive Domenic Carosa billing the internet as being ready for a revolution based on real profits. Imorial offers a space where users can create free memorials both for people and pets. Melbourne-based Eventarc, in turn, is pitching itself as a self-service platform for small and medium business to manage the registration and ticketing of their events. FCDF invests in companies which are revenue-generating, moving funds from a hundred thousand dollars up to a million. Its services aim to give practical assistance, along with capital, to foster the companys expansion.

▦ Linked Companies