This report surrounding Silicon Beach represents rare research of Australia’s start-ups to help Australian businesses and governments target their actions to support this vital sector.
Imagine a rich seam of minerals under ground. We’ve poked around and we know its there: lots of value just waiting to be uncovered. Imagine too that we also know there is a market, growing larger each month, with an insatiable demand for consuming these treasures. Now, imagine that the people who live around the seam are born with an aptitude for mining. We are a mining country and we know this story well. But, unusually for Australia, we are leaving this seam in the ground untapped.
If startups were treated as a natural resource, people would ask why we’re ‘leaving them in the ground’. Australia can improve at what Adrian Turner calls ‘Blue Sky Mining’ in his book of the same name.