According to Startup Muster, the number of first-time founders of startups has increased, the revenue of startups grew, the share of startups whose employees have equity or options went up, and the proportion of startups benefitting from incubators or accelerators also increased since 2016.
A MESSAGE FROM THE CO-FOUNDER: MONICA WULFF
WHAT IS STARTUP MUSTER?
“The easiest way to describe Startup Muster is we survey startups, people thinking about founding startups and businesses that support startups. So we collect quality data, disseminate the results and leave it up to other people to analyse it. We’re proudly supported by Google. Our data is used by the Commonwealth Department of Industry, Innovation and Science and we’ve been used by over 17 different organisations. From corporates to government, to foreign interests, investors and media – all the people you want to have knowledge about this community.”
WHY SHOULD I TAKE PART IN STARTUP MUSTER?
“It is an investment. If you want to continue to have your startup in Australia and you want a sustainable growth pathway for that community, taking part in something like this is very important. From now on, startups that take part will receive a curated list of supporters that have identified that they can help a startup like theirs. So a mentor will go in and craft the outline of the ideal startup they’d like to assist by selecting questions and response options from the startup’s survey. Then they are seen by that startup and the startup can choose if they want to connect or not. Therefore, the onus is very much on the startup.”
Do you want to grow your business? Do you want to grow it quickly? With the right kind of support? You should be answering yes to all three questions. If so, see Startup Muster as that tool that is going to assist you.