Learn about the support offered to startups in the City of Melbourne, coworking spaces and grants and opportunities.
Melbourne is the ideal location to start or relocate your entrepreneurial business - as it has an established, diverse and educated workforce - coupled with world-class universities and strong government support. Our startup community is dynamic and collaborative with a strong social purpose.
Quick facts on Melbourne’s startup ecosystem
- Melbourne is home to a number of startup sectors, including Life Sciences and Biotech, Fintech, Saas, AI, Blockchain and advanced manufacturing.
- Melbourne University, Australia's highest ranked university - as well as number of globally recognised universities all have campuses in the city.
- Five of Australia's largest medical research institutes are located in the city, along with several research and innovation initiatives
- Our early-stage startup value has more than doubled in a year - up 126% to $23.6B (AUD)
- Melbourne’s startup ecosystem has surpassed peer ecosystems in Hong Kong, Dublin, Barcelona and Kuala Lumpur.
- Early stage funding in Victoria has increased by more than 50% in year, to $1.136B (AUD)
Source: Global Startup Ecosystem Report 2022