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Australian Government Review Welcome But Much Work To Do For VC: Seed Space Date
11/05/2021
Seed Space, a venture capital firm focused on early stage fintech investments, welcomed the Government’s Budget commitment to doing more to encourage venture capital investment, but reiterated Australia has much to do to match global tech hubs.
“Senator Bragg has said many times he wants Australia to be a leader in this space, but we remain laggards in investor and founder incentives; in direct investment; and in creating a favourable environment for fintech,” Founder and Managing Partner Dirk Steller said. “Until these things are addressed, competing with other hubs is a mere pipe dream.”