Startup Budget Announcements for the continued growth of our ecosystem

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Victorian Budget 2020/21

LaunchVic welcomes the Victorian Government’s Victorian Budget 2020/21 committing a total of $186.2 million to the continued growth of Victoria’s startup ecosystem. This is a huge vote of confidence in Victoria's $7 billion startup ecosystem and the important role that startups will play in new jobs creation and the economic recovery of the State.


Victorian's startups set to grow jobs of the future

The Victorian Startup Ecosystem Report is an annual analysis of almost 2,000 local startups. It provides insight on the geographic, demographic and financial makeup of Victoria's startup sector. Victoria’s startup sector has the foundations to support high-value jobs growth in the thousands every year, which will be crucial in the state’s recovery from the effects of coronavirus (COVID-19).

Coronavirus (COVID-19) Support


Government Support

There’s a huge range of information from the Victorian State and Federal Governments to assist businesses, including startups to help them respond to the changing conditions presented by the coronavirus (COVID-19) pandemic.


Business Resources For Startups

Many organisations are opening up their platforms to help businesses and startups adapt to the challenging business environment presented by the coronavirus (COVID-19).

Helpful Resources

Our Research

The economics and impact of Victoria’s startup ecosystem

Commissioned by LaunchVic, Victoria’s startup agency, ‘Productivity is not an accident – The economics and impact of Victoria’s startup ecosystem’ found that Victoria’s early-stage startup sector revenue was $4.6 billion in 2019, representing almost 19,000 jobs.

  • Best Practices for Angel Networks

  • Victorian Startup Ecosystem Mapping Report

  • The SportsTech Report

  • Tech startups key to Victorian economy



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