Enterprise and business software startups in Australia raised a total capital amount of $1.2 billion in 2022, increasing from $350 million from 2021.
NSW has an excellent base of skills in software engineering, with a dominant local cluster of 46% of Australian software provider businesses based here.
NSW also has a diverse technology landscape with large firms and startups – it is home to the development and research facilities of major firms like Microsoft and Google, along with homegrown start-ups and Australian unicorns Atlassian and Canva.
Key facts
$1.2 billion raised by enterprise and business software start ups in 2022.
38% of Australia's software developers and application programmers are based in NSW.
46% of Australia's total software provider business are located in NSW
Supporting your move to NSW
Investment NSW connects businesses with a range of services and incentives available to businesses looking to grow.
Grants, rebates, programs and incentives
Investment NSW offers bespoke services to businesses looking to build a presence within NSW.
The team at Investment NSW provides tailored advice on grants, rebates, programs and other incentives your business may be eligible for.
Site identification and development
Whether you need a high-tech lab, an advanced manufacturing facility connected to a university or a greenfield site in regional NSW, we can assist.
We can work with you to establish a presence in a precinct or collaboration area suited to your needs.
In collaboration with the NSW Department of Planning, Industry and Environment, we provide services to help you find the right accommodation:
- determining the type of accommodation to best meet your businesses requirements
- advice and support regarding opportunities available on Government land (both long and short term)
- support navigating the planning process.
Market intelligence
We can provide tailored information and data, including market intelligence, on our priority sectors.
Connections and introductions
We can introduce you to stakeholders who can support your growth objectives. This may include connecting you to:
- corporate partners
- business chambers
- industry associations
- technology precincts
- research institutes
- government agencies.
Familiarisation visits
We offer curated introductions and virtual visit programs to help you identify local partners, distributors, industry stakeholders and service providers.
Asia-Pacific growth advice
Once you have established here, a wide range of services and programs are available to use NSW as a springboard into Asia. We can help you identify opportunities to expand in the region.
Visa and Skilled Migration support
Our Business & Skilled Migration Program is highly supportive of NSW’s growing tech industries and precincts. The program attracts new and emerging digital technology capabilities and skills, provides visa and migration advice to businesses, and nominates high potential migration candidates to live and work in NSW.
These initiatives have spurred the growth of digital technology businesses across the state and are available to all organisations considering investment opportunities in NSW.
Contact us
Contact Investment NSW today to find out more about investment opportunities in New South Wales.
Updated 3 April, 2023