IRU supports the general thrust of the government’s proposal with its focus on establishing new incubators in regions or industry sectors where none or few exist as well as expanding the services offered by existing incubators.
To determine the existing gaps, it would be useful to have a publicly-available list of existing incubators. This would be beneficial for current start-ups looking for incubator support. Though such a list currently does not exist, the assumption is that current incubators are based in Australia’s five main cities with the majority being Sydney or Melbourne based. This is the key issue that the new programme must address.
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