The Startup Muster 2015 Ecosystem Report, released in December, has named NSW as Australia’s startup capital.
It found that about 46.5% of surveyed startups listed NSW as their primary business location, compared to 6.4% in the ACT, 16.5% in Queensland and 18% in Victoria.
The report also showed that NSW’s co-working space options were helping startups, with 51% of all startups using these spaces.
The report illustrates how the strengths and breadth of the state’s startup ecosystem, along with NSW Government support, makes NSW the number one choice for startups in Australia.
Source: http://businessupdate.business.nsw.gov.au/