Crossroads 2015: an action plan to develop a vibrant tech startup ecosystem in Australia

Introduction StartupAUS released the Crossroads report in April 2014. Crossroads is the most detailed review ever undertaken of the Australian startup ecosystem, and includes a comprehensive analysis of the environment that affects startups both in Australia and overseas. It provides a concrete and thoroughly researched action plan that, if implemented, could be the basis for development of a vibrant startup ecosystem in Australia that would contribute over $100 billion to GDP and create over half a million new jobs by 2033. Crossroads 2015 has been fully updated to reflect changes in the Australian startup ecosystem over the last twelve months, and to note significant developments in the rapidly evolving startup landscape internationally. The recommended actions have been updated to reflect the current challenges facing Australia as it seeks to support the growth of high-value technology-based businesses, and incorporate input from many of the key figures in Australia’s startup community. This report makes the case that Australia has an unprecedented opportunity to transition from an economy based on resources, primary industries and domestically focused businesses to one based on high-growth knowledge-intensive businesses that can compete globally