Seven surprising findings about Australia’s startup sector from Startup Muster’s annual report

  |   Written By by Titan Vine ON

[1] According to Startup Muster chief executive Monica Wulff, 72% of startups need funding to continue its operations and this should be fixed.

[2] Although fintech is the biggest industry for Australian startups, supporters are more inclined to medical, health or bio technology and the Internet of Things.

[3] Australian startups have not truly appreciated the benefits of government grants due to ineligibility and time-consumption.

[Source] Australian Information Technology News – Seven surprising findings about Australia’s startup sector from Startup Muster’s annual report