Introduction to Certificate IV in Entrepreneurship and New Business

Submitted by sylvia.wong@up… on Tue, 03/29/2022 - 20:38
Sub Topics

What are the typical businesses started in Australia? In what industry? According to the Australian Bureau of Statistics (ABS) the count of businesses in 2021 starting with 1 to 19 employees are in the following top 9 industries as categorised by the Australian and New Zealand standard industrial classification:

  1. Cafes and restaurants
  2. Management advice and consulting services
  3. Computer system design
  4. Road freight transport
  5. House construction
  6. Take away food services
  7. Hairdressing and beauty services
  8. Electrical services
  9. Engineering design

Interactive map of Australian Businesses, Entries and Exits, 2020-21

https://bit.ly/interactive-map-australia

How about start-ups? How are they supported? According to the US Department of Commerce - Economic Development Administration the top three types of institutions that sponsor business incubation programs are:

  1. Universities
  2. Non-profit economic development organisations
  3. Local government

Within those incubation programs, the top 9 industrial sectors targeted are:

  1. Bio sciences
  2. Information technology
  3. Energy
  4. Computer software
  5. Medical devices
  6. Advanced materials
  7. Professional services
  8. Electronics
  9. Health care technologies

Grants and programs finder by the Australian Department of Industry

https://business.gov.au/grants-and-programs

Where are most start-ups located in Australia? Based on the Start-up Muster Annual report, the largest survey on the Australian start-up ecosystem, the primary office location by states in 2018 was:

Sydney 42.8%
Brisbane 13%
Melbourne 12.4%
Perth 6.9%
Adelaide 6.3%
Canberra 2.11%
Hobart 0.6%

https://startupmuster.com

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