Melbourne is identified as one of 22 global centres at the forefront of tech, with thriving and growing tech industries.
There are now over 2,700 startups in Victoria and the sector is growing at a rate of 23% every year.
One in five startups are focused on health and wellbeing which continues to be a core strength of the ecosystem.
Victoria now has 29 accelerator programs, many established with the support of LaunchVic, Victoria’s lead startup ecosystem development agency. LaunchVic supports entrepreneurs and investors to sustainably grow and deliver economic and cultural benefits for Victoria.