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Entrepreneurship in Sydney

Map of Sydney

Entrepreneurship in Sydney

Entrepreneurship in Sydney

Sydney has developed into Australia's premier startup ecosystem, offering founders a strategic gateway to Asian markets combined with Western business practices and quality of life. The city has produced successful startups across fintech, enterprise software, and consumer technology, with innovation hubs concentrated in areas like Surry Hills and the Sydney Startup Hub. For entrepreneurs, Sydney offers significant advantages: access to Australia's deepest talent pool, proximity to the country's financial center and corporate headquarters, and lifestyle benefits that attract international talent. The ecosystem features notable accelerators including Startmate and H2 Ventures, while increasing venture capital presence from both Australian and international firms fuels company growth. With strong universities, government initiatives like Jobs for NSW, and growing connections to Asian markets, Sydney provides founders with a supportive environment for building globally-minded technology companies from an Asia-Pacific base.

Sydney has developed into Australia's premier startup ecosystem, offering founders a strategic gateway to Asian markets combined with Western business practices and quality of life. The city has produced successful startups across fintech, enterprise software, and consumer technology, with innovation hubs concentrated in areas like Surry Hills and the Sydney Startup Hub. For entrepreneurs, Sydney offers significant advantages: access to Australia's deepest talent pool, proximity to the country's financial center and corporate headquarters, and lifestyle benefits that attract international talent. The ecosystem features notable accelerators including Startmate and H2 Ventures, while increasing venture capital presence from both Australian and international firms fuels company growth. With strong universities, government initiatives like Jobs for NSW, and growing connections to Asian markets, Sydney provides founders with a supportive environment for building globally-minded technology companies from an Asia-Pacific base.

Sydney founders in numbers

The startup community in Sydney shows a healthy mix of people still exploring ideas (46%) and those already building something (54%). This balance between early-stage thinking and committed founders shapes the local scene. Looking at the numbers, the median age of founders in Sydney is 28.5, with an average age of 33. Most are in the 25-32 age range, which makes up 41.3% of the community. When it comes to background, 41% of founders in Sydney have technical skills in areas like engineering or software development, while 59% come from business roles such as operations, product, or marketing. This mix creates plenty of opportunity for strong co-founder matches. Popular areas of interest include Sports, SaaS, Education, and Information Technology. Many founders in Sydney also speak more than one language, adding fresh perspectives to the city’s startup ecosystem Impacts are {13},{14},{15},{16}.

Commitment Type

More than (46%) of Foundersbase founders in Sydney, are exploring startup ideas, while (54%) are committed to an idea.

Has idea 46%

Age

The median age of Foundersbase founders in Sydney is 28.5, while the average is age 33 with a maximum in the group of founders aging 25-32.

Type of Founder

About (41%) of Foundersbase founders in Sydney are technical (Engineering, AI/ML), while (59%) are non-technical (Product, Marketing, Operations).

Technical 41%

Top industry interests

Discover the industries that Foundersbase founders in Sydney are most passionate about.

Sports
SaaS
Education
Information Technology
Recreation
Property Management
Web Services
Software

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