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Innovation Bay and KPMG are looking for startup founders to help track covid-19’s impact on the sector

- May 5, 2020 < 1 MIN READ
Amanda Price, Head of KPMG High Growth Ventures
KPMG Australia and Innovation Bay are seeking startup founders and investors to take part in Startup Navigate, a research initiative aimed at identifying and tracking the issues Australia’s startup ecosystem through the coronavirus era. 

The two organisations plan to conduct fortnightly surveys with startup founders and VCs from May to July 2020.

To join the research panel, founders need to sign up here and will be sent fortnightly surveys, which should take less than 10 minutes to complete.

The questions will focus on the business and personal impacts from the COVID-19 pandemic and the information captured will be aggregated, analysed and made publicly available via a special dashboard.

Amanda Price, Head of KPMG High Growth Ventures, said the startup sector faces a unique set of risks and challenges due to the impacts of covid-19.

“Policymakers, startup advocates and investors want to help Australian startups through these tough times, but there is simply not enough facts to inform their decision-making,” she said. 

“That is why we are launching this initiative – by capturing the issues and sentiment of founders and VCs as we progress through, and hopefully out of, lockdown, we will have the data we need to understand and support Australian start-ups.”

Innovation Bay co-founder Ian Gardiner said they hope to track more than 50 startup founders and a majority of the VC sector in the research.

“By creating an open data platform for the startup eco-system we will no doubt help startup founders to think differently about their own approach,” he said.

“We also aim to show investors and government how they can better help Australia startups navigate the pandemic.”

Startup founders and investors can sign up to Startup Navigate here

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