Australia has 14 cities in the top 1000 and has a vibrant startup scene that ranks 9th within the competitive global top 10.
Since 2023, Australia lost 1 spot in the Global Startup Ecosystem Index, having now positioned itself as 9th worldwide.
Australia has a solid startup ecosystem with some of the country’s startups producing well known global brands, such as Canva and Atlassian. While Australia has a fairly small population considering the country’s geographical size, it still manages to attract overseas talent. Australia enjoys a smart and proactive approach from its federal and state governments, both supporting the growth of its startup ecosystems. Multiple public sector organizations are actively involved in the startup scene. Some of the most notable initiatives come from organizations such as the Department of Industry, Innovation and Science, the NSW Government, LaunchVvic, and Sunshine Coast Innovation Hub.
When it comes to advantages for entrepreneurs, Australia offers the Provisional visa for Business Innovation and Investment, which allows startup entrepreneurs to stay in the country for up to 5 years. Another advantage of Australia is the direct involvement of universities in the development of the city ecosystems, which adds to the inertia of creating an entrepreneurial culture. The universities also play an important role in forging connections that improve funding and opportunities for startups.
The time zone difference and the traveling time between Australia, the United States and Europe creates challenges when it comes to partnerships and integrated remote teams. On the other hand, opportunities are coming in from Asian markets which operate within similar time zones and are in relatively close proximity. All in all, Australia has several factors that make a thriving startup scene, including a talented and educated workforce, excellent business environment, investment, and an entrepreneurial spirit.
Understand our ranking methodology and get the latest insights on the startup ecosystems of 100 countries and 1000 cities around the world!
Australia is ranked within the top 10 startup ecosystems globally.
Australia’s startup scene is best represented in Education, Marketing & Sales, and in Software and and Data.
2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
---|---|---|---|---|---|---|
1st 0 | 38th 0 | 19.121 | 00.00 | 00.00 | 00.00 | |
2nd 0 | 42nd 0 | 16.554 | 00.00 | 00.00 | 00.00 | |
3rd 0 | 98th + 3 | 7.253 | 00.00 | 00.00 | 00.00 | |
4th 0 | 191st - 25 | 3.139 | 00.00 | 00.00 | 00.00 | |
5th + 1 | 230th + 13 | 2.191 | 00.00 | 00.00 | 00.00 | |
6th - 1 | 246th - 7 | 1.997 | 00.00 | 00.00 | 00.00 | |
7th 0 | 354th + 1 | 0.985 | 00.00 | 00.00 | 00.00 | |
8th 0 | 404th - 37 | 0.794 | 00.00 | 00.00 | 00.00 | |
9th + 1 | 554th + 68 | 0.412 | 00.00 | 00.00 | 00.00 | |
10th - 1 | 567th - 24 | 0.390 | 00.00 | 00.00 | 00.00 |
On our map, you can explore a total of 564 startups for Education.
In Australia and Oceania, Australia's Marketing & Sales is in top 7. Australia has a concentration of about 218 of the region's total Marketing & Sales startups that are represented on our map.
Australia's Software and Data is ranked 7th in the world. Our database contains 184 for this industry.
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