STARTUP MUSTER 2015 REPORT

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INTERNAL 42 59 % % CUSTOMER ACQUISITION 41 % 34 % 25 % 24 % 24 % 23 % FUNDING PRODUCT DEVELOPMENT I’M TOO BUSY PRODUCT/MARKET FIT TEAM BUILDING BUSINESS MODEL PROBLEM/SOLUTION FIT CHALLENGES 41 % 37 % 18 % AVAILABILITY OF TECHNICAL TALENT 13 % AVAILABILITY OF GOVERNMENT SCHOLARSHIPS/GRANTS 12 % AVAILABILITY OF NON-GOVERNMENT FUNDING 10 % 3 % EXTERNAL DIFFICULTIES WITH LEGAL ISSUES AVAILABILITY OF NON-TECHNICAL TALENT STARTUP COMMUNITY SUPPORT (COWORKING SPACES, STARTUP EVENTS AND INDUSTRY AWARENESS) DIFFICULTIES WITH ACCOUNTING AVAILABILITY OF EDUCATIONAL RESOURCES 12 % 13 % REQUESTS FROM GOVERNMENT PROVIDE FUNDING/GRANTS PROVIDE INCENTIVES TO INVESTORS/FOUNDERS IMPLEMENT ESOP REFORMS REDUCE RED TAPE IMPROVE SUPPORT NETWORK FOR STARTUPS IMPROVE EDUCATION FOR ENTREPRENEURS AND TECH-RELATED SKILLS GET OUT OF THE WAY SUPPORT STARTUP HUBS AND COWORKING SPACES COLLABORATE WITH STARTUPS MAKE FUNDING/GRANTS EASIER IMPROVE INTERNET CONNECTIONS SUPPORT ACCELERATORS 34 % 25 % 12 % 6 % 6 % 5 % 3 % 3 % 2 % 2 % 2 % 2 % OF STARTUPS WERE UNSURE WHAT WOULD BE HELPFUL FROM THE GOVERNMENT
FUTURE PLANS IN 2015 BEYOND 2015 78 % 61 % CONTINUE TO OPERATE IN AUSTRALIA 40 % 20 % UNDERTAKE CAPITAL RAISING IN AUSTRALIA 23 % 25 % UNDERTAKE CAPITAL RAISING OVERSEAS 12 % 18 % RELOCATE OVERSEAS 3 % 13 % SELL THE STARTUP TO A FOREIGN PURCHASER 3 % SELL THE STARTUP TO A PURCHASER 12 % IN AUSTRALIA 1 % 4 % LIST ON THE ASX 0 % LIST ON A FOREIGN STOCK EXCHANGE 2 % EXPAND OVERSEAS 3 % 1 %
Page 1 and 2: STARTUP MUSTER 2015 REPORT
Page 3 and 4: STARTUP MUSTER Australia’s first
Page 5 and 6: WHO MALE FEMALE GENDER 84 % 81 % 81
Page 7 and 8: WHERE 8.9 % WA PRIMARY BUSINESS LOC
Page 9 and 10: MARKET 43 % OF STARTUPS HAD REVENUE
Page 11 and 12: 69 % OF STARTUPS WERE USING OUTOURC
Page 13 and 14: MENTORS 62 % WA MENTOR USE BY STATE
Page 15: IMPACT $236K AVERAGE ANNUAL REVENUE

STARTUP MUSTER 2015 REPORT

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