StartupAUS to receive $360,000 in government funding to produce research on entrepreneurship and innovation
As week two of the election campaign rolls on, StartupAUS has announced a partnership with the Federal Government to produce research on a range of topics covering entrepreneurship and innovation, receiving up to $360,000 in funding across the next three years.
Announcing the funding, Minister for Industry, Innovation and Science Christopher Pyne and Assistant Minister for Innovation Wyatt Roy said in a joint statement that the research would help guide policy decisions in the future to help ensure that entrepreneurship was kept front and centre.
StartupAUS, which in 2014 and 2015 produced a yearly Crossroads Report exploring the state of the Australian startup ecosystem, has been tasked with examining “the key elements that drive entrepreneurial behaviour.” It will receive $120,000 each year for two years, with an option to extend the partnership for a third.
Roy and Pyne said, “As the Australian Government’s National Innovation and Science Agenda boosts innovation across every sector of the economy, it is critical that we have a clear understanding of the opportunities that will deliver the jobs of the 21st century.
“As entrepreneurs are driven by new ideas, the Government is keen that its policies are up to date and informed by the many factors that influence the success of Australia’s entrepreneurs.”
StartupAUS will first produce a report on culture and entrepreneurship, and an international analysis of entrepreneurial programmes, with the first to be delivered in October.
Roy, who has been an active presence within the startup community and is seen by some to be one of the biggest champions of the community within government, said, “I’m conscious there is so much more we could learn about what makes entrepreneurs tick and there are many angles to be examined to complement the Innovation Agenda.”
With the relationship between the organisation and the government becoming closer over the last few months Alex McCauley, CEO of StartupAUS, said the partnership is a positive sign that policy makers are engaging the community and commissioning independent research to inform their approach.
McCauley said StartupAUS will look to collaborate with a broad range of partners on its reports, explaining, “These research partnerships allow us to build credible, independent research which more closely examines key areas of Australia’s innovation ecosystem. This will ultimately help build on Australia’s strengths and maximise economic opportunities for the startup sector.”
McCauley had a chat to Startup Daily about how StartupAUS works with government a few weeks ago:
Image: Alex McCauley. Source: Supplied.