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Australia’s most successful startups and global tech giants, including Atlassian, Airbnb and Airtree Ventures are backing a new not-for-profit aimed at turning Sydney into Australia’s Silicon Valley.
Despite increasing efforts from major tech companies, Sydney’s global startup ecosystem ranking last year from #12 in 2012 to #16.
It became apparent that while all of these groups were working towards a common goal, they tackled it in isolation, limiting their impact and ability to change the sector for the better and there was was no organisation focused on Sydney.
Already, the not-for-profit has gained the support of Australia’s largest tech firms including: Atlassian, Tyro, Canva, Airbnb, Prospa, LinkedIn, Airtree Ventures, Reinventure, Blackbird Ventures and more than 30 other funded startups and high growth technology companies.
TechSydney will start with three main focus points that will improve the sector:
- Creating a hub for Australia’s startups and high growth technology companies.
- Attract world-class technology talent to Australia
- Promote startups and high growth technology companies as a viable career path, and in turn, bring more women into the sector
In order to achieve these goals, TechSydney will:
- Serve as an organising body and a central point of contact for for all initiatives relating to Sydney’s high growth technology sector.
- Bring together the best in the industry, so they can learn from each other and address the common issues via advocacy to government and implementation of initiatives.
- Promote both Sydney and Australia’s startups and high growth technology companies locally and abroad.
“Recent moves from all levels of government to support our startup and technology sector have been heartening, but we can’t rely on them to carry it forward,” said TechSydney CEO Dean McEvoy.
“By working together, we will drive the initiatives that will turn Sydney into a world class, top 10 hub for technology companies.”