Pemo TheodoreVictoria’s startup sector has the foundations to support high-value jobs growth in the thousands every year, according to the annual Victorian Startup Ecosystem Mapping report which identifies a growing network of almost 1,900 local startups in the State employing almost 37,000 people in early 2020.
The LaunchVic report found that the $7 billion sector was rapidly maturing, with a growing network of almost 1,900 local startups employing almost 37,000 people in early 2020 – and that more than 40% of firms were earning annual revenue of between $1 million and $10 million, up from 10% of companies in 2018. Read more via ITWire
