Skip to main content

                    Startups and innovation


                    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 

                    Featured videos

                    Skip Video
                    Melbourne City DNA exhibition
                    Skip Video
                    Open Innovation Competition on Accessibility