StartupWeek Sydney celebrates entrepreneurship and innovation

23 October 2015

Startup founders, State MPs and StartupWeek representatives at Accelerator event

The NSW Department of Industry is a major supporter of StartupWeek Sydney (23-30 October), an event which showcases the very latest thinking on innovative research and design.

Startups play a vital role

Startups play a vital role in the state's economy

According to a PricewaterhouseCoopers report, Sydney is home to more than two-thirds of the country's tech startups. The report concludes that tech startups have the potential to contribute $109 billion and 540,000 jobs across Australia in the 20 years to 2033.

Sydney was ranked the 16th top start-up ecosystem in the world by the 2015 global startup ecosystem ranking.

StartupWeek Sydney

StartupWeek Sydney will bring together more than 5,000 people and 150 speakers at over 50 events around Sydney. StartupWeek Sydney will celebrate and strengthen the city's thriving entrepreneurship and startup community.

Delivered via conferences, keynote speeches, workshops, panel discussions, networking and tours, the multi-venue event aims to showcase the talents and successes of our existing entrepreneurs and startups with a focus on a greater involvement of women and young people.

Another key focus will be to help foster the introductions and conversations that may lead to greater investment and commercial engagement between Australian tech startups, investors, government and large organisations.

Showcasing cutting-edge startups

StartupWeek Sydney officially kicked off with the Accelerator event hosted by Industry Minister Anthony Roberts at NSW Parliament House on Thursday 22 October.

Accelerator showcased ten cutting edge-startup companies, each nominated by the five industry-led Knowledge Hubs which are driving strong and resilient industries in NSW. This event helped connect these innovative startups with NSW Government leaders and corporate decision makers.

Supporting startups

The NSW government is creating an environment which will attract and grow the world's best startups and help create the jobs of the future. This includes:

  • InnovateNSW - a $6.7 million program that assists startups and other companies in demonstrating ideas, proving concepts or developing prototypes
  • Knowledge Hubs - which provide a fertile environment for industry to build collaborative partnerships that drive innovation and strengthen capabilities to adjust to new challenges and opportunities that underpin sector competitiveness and sustainability
  • The Jobs for NSW initiative will target the jobs of the future and guide the NSW Government on how best to maximise the state's resources, talent and potential.

Assistance may also be available from the Australian Government and the Office of Small Business Commissioner.