Victorias Startup Ecosystem Sees Significant Growth  - LaunchVic

Victorias Startup Ecosystem Sees Significant Growth 


Last Updated: 23 Oct 2018

LaunchVic’s comprehensive annual analysis of Victoria’s startup ecosystem reveals the State is cementing its position as a leading destination for startup success, with increased investment and support infrastructure driving rapid growth in new startup figures.

The report found Victoria’s startup ecosystem is growing at 23% per anum. One in five of these new businesses are solving health and wellbeing challenges, a core strength of the state and a $30 billion sector.

LaunchVic’s annual Mapping Victoria’s Startup Ecosystem report draws on data collected from over 2,700 Victorian startups and scaleups, providing the largest and most in-depth survey of Victoria’s startup ecosystem to date.