The Australian startup ecosystem is on the edge of a perfect storm

[1] The Victorian state government has allocated an unknown portion of $60 million to invest in ecosystem-building projects through its independent body LaunchVic.

[2] 400 submissions have been submitted to LaunchVic.

[3] This is just one of the signs that the startup ecosystem has elevated to another level, which other states would find it difficult if they won’t follow through.

[Source] Australian Information Technology News – The Australian startup ecosystem is on the edge of a perfect storm