Over the past couple of decades, Australia, an island continent of 26 million that became rich by, among other things, mining natural resources, has developed into a modern powerhouse that actively works to foster a dynamic tech and startup scene. To fully capitalize on that progress, Australian startups will have to overcome challenges like shortage of access to late-stage capital and a scarcity of executives with scale-up experience. Australia is shaped just as much by its peoples as it is by its industry.
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The office of Karen Andrews, the former Minister for the Department of Industry, Science, and Technology was aware of serious concerns about the adminis.
uSpark
MELBOURNE, Australia 3 February 2021 Today uSpark, a business accelerator based in Melbourne, announced the launch of Destination Start-Up, a partner program that offers Australian start-ups the opportunity to fast track their products to market. The acceleration process involves uSpark serving in the role of technology development partner, closing the gap between a founder’s vision for their product, and their ability to launch and scale it. uSpark gives founders access to the right technical skills at the right time. This is of particular benefit to non-technical founders who may have difficulty attracting backers due to the generally risk averse early-stage investment environment in Australia.