Our startup ecosystem is an exciting place.
It’s valued at AU$7 billion in Victoria alone, where there are now more than 2,000 technology-led startups. Unlike other parts of the economy that have not been able to adapt to changing market conditions as a result of COVID-19, the resilience of the startup sector has been phenomenal. As this white paper highlights, the pandemic has even created new and emerging opportunities for technology to be applied in a range of sectors including financial services, medicine and healthcare, education, supply chain, and remote working.
Without question, the startup sector remains poised to transform many industries and dramatically change our economy – with tech companies increasingly in the mix of Australia’s most successful business ventures.This success is closely linked to the state of Venture Capital (VC) and the early-stage startup investor landscape. Earlystage VCs play an important role in the …. continue to reads the LaunchVic and Wade Institute Report.