The total value of Victoria’s entire startup ecosystem is now $143 billion

1/3

Victorian startups have been supported by a LaunchVic-funded program

29X

ecosystem growth since 2016

63,900

new jobs created since 2004

What is a startup ecosystem?

A startup ecosystem is a network of resources — people, investors, institutions, and companies — that works together to create an environment for startups to thrive.

The stronger the ecosystem the more likely a startup will be successful.

Founders are specialised entrepreneurs, central to startup ecosystems as they create and grow startups.
Angel investors and venture capitalists provide capital, support and access to networks.
Employees bring skills necessary for the development, marketing and roll-out of their products and services.
Community builders and support services support founders and their teams to get the skills and networks to grow startups.
Government sets policy and funds initiatives that encourage entrepreneurship.
Universities and research organisations produce new ideas and nurture talent.
Customers and business partners support startups to grow, by providing revenue and participate in M&A activities.

Victoria has created 20 unicorns

Founders Driving Innovation

Victoria’s startup ecosystem spans diverse industries where founders are solving meaningful problems. From fintech unicorns transforming how people pay and bank, to healthtech ventures developing life-saving treatments, the state’s startups reflect both its research strengths and commercial opportunities. Explore the sectors driving innovation in Victoria and discover the programs, funding, and infrastructure supporting founders in each space.

Explore our innovative startup sectors

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Get real-time data and insights on the Victorian Startup Ecosystem with Dealroom Victoria

Get real-time data and insights on the Victorian Startup Ecosystem with Dealroom Victoria

Active government support to grow your startup

Alongside our flagship programs 30X30 and CivVic Labs, LaunchVic partners with world-class organisations to deliver accelerators, incubators, workshops, events and more to a diverse range of startup founders in Victoria.

Check out our Programs Directory to connect to a wide variety of LaunchVic-funded activity.

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