NSW lacks evidence on impact of startup platforms


Brandon How
Reporter

The New South Wales government has limited data on the effectiveness of coworking spaces, accelerators, incubators, and startup hubs in developing markets in novel industries or technologies, according to a new report.

Produced by the New South Wales Innovation and Productivity Council and researchers at the University of Technology Sydney, the call for better data is among five overarching recommendations to the state government.

Other recommendations include building a more collaborative startup community through funding programs similar to the Boosting Business Innovation Program, which aimed to improve access for small to medium-sized business to specialised equipment through universities.

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