Australia must recognise how fast its competitors are working, and the “intensity” with which governments are supporting their startups, Crossroads warned.
Startup advocacy body StartupAUS has added four names to its board as it looks to “build a world-class startup sector” in Australia ahead of the launch of its 2017 Crossroads report next month.
There is significant scope for ‘constructiontech’ companies to add value to the sector locally by working with established players, a report has found.
The latest report to detail Australia’s startup performance has been released, with the 2017 global startup ecosystem ranking from Startup Genome seeing Sydney slip one place down the list to 17.
With the release of the 2016 Crossroads report it is evident that many of the challenges facing the Australian tech and startup community in early 2015 persist and, as global competition in the space heats up, they are becoming more pronounced.
Former Environment Minister Greg Hunt has been appointed the new Minister for Industry, Innovation, and Science, taking over from Christopher Pyne, who has moved on to the Defence portfolio.
StartupAUS is looking to hear from startups around Australia about their experiences in a series of workshops to ensure their voices are heard.
Turnbull announced that if re-elected he will invest a further $15 million in funding into NISA’s Incubator Support Program to drive support within the startup ecosystem.
As week two of the election campaign rolls on, StartupAUS has announced a partnership with the Federal Government to produce research on a range of topics covering entrepreneurship and innovation, receiving up to $360,000 in funding across the next three years.
Five months after Malcolm Turnbull urged Australia to shift the economy’s focus from the resources sector to innovation with the launch of the National Innovation and Science Agenda (NISA), Treasurer Scott Morrison delivered a budget focused on jobs and growth.
Advocacy body StartupAUS has announced the appointment of Teresa Engelhard to its board. Currently serving as venture partner at Jolimont Capital and non-executive director of both RedBubble and Daintree Networks, Engelhard’s appointment follows the departure of Dr Jana Matthews from the board in January.
A few weeks on from Peter Bradd vacating his post as interim CEO of StartupAUS, the organisation has announced former head of strategy and advocacy Alex McCauley as its new CEO.