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STARTUP ECOSYSTEM REPORT

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REGIONAL COMPARISON<br />

The table below offers benchmarked summary statistics for each of the seven regions participating in this report.<br />

REGION<br />

NO.<br />

<strong>STARTUP</strong>S<br />

NO.<br />

ESTABLISHED<br />

TECH<br />

TOTAL<br />

FUNDING<br />

COWORKING<br />

SPACES<br />

TOTAL<br />

EMPLOYED IN<br />

<strong>STARTUP</strong>S<br />

POPULATION<br />

<strong>STARTUP</strong><br />

DENSITY a<br />

Toowoomba<br />

12<br />

6<br />

$20K<br />

1<br />

60+<br />

162K<br />

1/16K<br />

Ipswich<br />

5<br />

6<br />

$0<br />

1 b<br />

20+<br />

190K<br />

1/38K<br />

Bundaberg<br />

4<br />

6<br />

$0<br />

-<br />

15+<br />

95K<br />

1/24K<br />

Rockhampton<br />

7<br />

2<br />

$0<br />

-<br />

15+<br />

85K<br />

1/12K<br />

Mackay<br />

8<br />

6<br />

$1.4M<br />

-<br />

20+<br />

123K<br />

1/15K<br />

Townsville<br />

12<br />

4<br />

$6.7M<br />

-<br />

80+<br />

190K<br />

1/16K<br />

Cairns<br />

31<br />

6<br />

$1.4M<br />

1<br />

120+<br />

159K<br />

1/5K<br />

Regional<br />

Queensland<br />

Summary*<br />

83<br />

36<br />

$10.4M<br />

3<br />

~450<br />

1.8M<br />

1/20K<br />

*Number of Regional Queensland Startups is greater than the total of the seven regions (79) as we identified several startups just outside the regions.<br />

a<br />

Startup Density refers to the number of people per startup. Boulder, Colorado for example, has a Startup Density of 1 startup per 235 people.<br />

b<br />

The Ipswich Fire Station101 Digital Incubator was announced in November 2015 and is not yet open.<br />

15

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