StartupAUS CEO Alex McCauley said while the political narrative around innovation has been up and down, overall he is optimistic about where the sector stands.
While no overall rankings released this year, the 2018 Startup Genome report has identified Australia cities as ecosystems to watch.
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.
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.
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