startup-ecosystem-mapping-report
startup-ecosystem-mapping-report
startup-ecosystem-mapping-report
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Startup formation rates<br />
FORMATION<br />
US TECHNOLOGY HUBS SUCH AS<br />
BOULDER AND SAN FRANCISCO<br />
HAVE YEARLY STARTUP FORMATION<br />
RATES PER MILLION PEOPLE RANGING<br />
BETWEEN 97 TO 256. QUEENSLAND’S<br />
CURRENT RATE IS 12.<br />
FOR THE LOCAL STARTUP ECOSYSTEM<br />
TO REACH 4% OF GSP AND 30K JOBS,<br />
PARTICIPATION IN THE SECTOR WOULD<br />
HAVE TO GROW AT APPROXIMATELY 40%<br />
EACH YEAR, WITH YEARLY STARTUP<br />
FORMATION INCREASING FROM ~12 NEW<br />
STARTUPS PER YEAR TO ~1,000 BY 2025.<br />
A STARTUP FORMATION RATE PER<br />
MILLION PEOPLE OF 170.<br />
13
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