Adelaide is known as a city of churches, pie floaters, and lately, blackouts. Can it be a city of start-ups?
Blue Sky Venture Capital thinks so. The VC arm of ASX-listed Blue Sky Alternative Investments last week won a mandate to manage a $50 million venture capital fund for the South Australian government, and it has already made its first big hire for the new endeavour.
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John McDuling is National Business Editor for The Sydney Morning Herald and The Age. Connect with John on Facebook and Twitter.
