Advance Queensland and Startup Genome have teamed up to spotlight Brisbane’s entrepreneurial ecosystem in the Global Startup Ecosystem Report:

• Ranking as the #31-40 Emerging Ecosystem, moving up 13 spots from GSER 2023

• #4 Ecosystem in the Oceania Region

• The ecosystem created $10.8 billion in Ecosystem Value from Jul 01, 2021 to Dec 31, 2023, representing 81% compound annual growth compared to Jul 01, 2019 to Dec 31, 2021 time period. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations.

• The AI, Big Data and Analytics, Life Sciences, and Cleantech sectors are highlighted for their density of talent, support resources, and startup activity

• Diversity, equity, and inclusion initiatives and a forward-thinking government are cited as reasons a startup should move to the ecosystem

“Brisbane has developed an innovation-focused biomedical research ecosystem fit for the 21st century, supported by strengthening linkages between leaders in basic science, clinical research, and industry, and by commitment from universities, hospitals, and the Queensland government,” says Professor Ian Frazer, Queensland Biomedical Advisor.

"With Brisbane's ranking as the #34 Emerging Ecosystem - moving up 13 spots from GSER 2023 - and creating $10.8 billion in Ecosystem Value, we take great pride in our collaboration with Advance Queensland to support local startup success stories. Brisbane's inclusion in our global network of leading innovators drives further success through the sharing of vital insights and best practices," shares Stephan Kuester, Managing Partner at Startup Genome.

For more insights and an overview of Brisbane’s startup landscape, visit the  Brisbane ecosystem page.