KPMG Australia’s Gayle Dickerson and Phil Quinlan will oversee a strategic restructing of not-for-profit Fishburners, which has fostered more than 35,000 entrepreneurs since 2011, including furniture company Koala and pet-sitting service Mad Paws.
The voluntary administrators have assumed day-to-day control of the operations of the organisation.
The company will continue to trade as usual as the administrators assess the business, in conjuction with an accelerated sale and recapitalisation process.
Dickerson said Fishburners had been a pillar of the Australian start-up ecosystem.
“We will seek expressions of interest from parties within the innovation and technology sectors and work with all stakeholders, including the board, employees and founders, to maximise the outcome,” Dickerson said.
The Fishburners board…