{"id":37389,"date":"2023-10-20T14:49:50","date_gmt":"2023-10-20T14:49:50","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/sydstart-packing-victoria-poaches-conference-startupsmart\/"},"modified":"2023-10-20T14:49:50","modified_gmt":"2023-10-20T14:49:50","slug":"sydstart-packing-victoria-poaches-conference-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/sydstart-packing-victoria-poaches-conference-startupsmart\/","title":{"rendered":"SydStart packing: Victoria poaches conference – StartupSmart"},"content":{"rendered":"
\"l_dalidakis445\"<\/div>\n

The first dollars spent from the Victorian government\u2019s $60 million startup fund will be used to \u201csteal\u201d SydStart from Sydney.<\/p>\n

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Victorian Minister for Small Business, Innovation and Trade Philip Dalidakis has announced that the conference, which has been held in Sydney since it was founded in 2009, will move to Melbourne in 2016, and be rebranded as StartCon.<\/p>\n

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\"SydneyvMelbourne\"<\/p>\n

Exclusive footage of Minister Dalidakis announcing SydStart will be moving to Melbourne.<\/em><\/span><\/p>\n


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\u201cThe conference has done great things for entrepreneurs and startup business owners over the past few years and our vision is to make it even bigger and better next year,\u201d he says.<\/p>\n

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\u201cFreelancer.com\u2019 decision to move Australia\u2019s biggest startup tech conference to Melbourne highlights Victoria\u2019s reputation as the number one tech destination in Australia.\u201d<\/p>\n

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The announcement is the first in a series which Dalidakis hopes creates a new  \u201clevel of excitement\u201d around Melbourne\u2019s startup industry.<\/p>\n

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With the Queensland government announcing a $40 million co-investment fund last month<\/a>, Victorian-based startups have are eagerly awaiting what Dalidakis plans to do with the rest of the $60 million startup fund allocated in the 2015-16 budget<\/a>.<\/p>\n

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\u201cIn a perfect world we would have launched it far earlier,\u201d he says of the startup policy which was delayed after the former Minister for Small Business, Innovation, and Trade Adem Somyurek was stood down from cabinet<\/a> amid allegations of bullying.<\/p>\n

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\u201cAnd as you know we\u2019ve had one or two minor issues in the portfolio space at a political level and I don\u2019t use that to hide behind the fact that we\u2019ve not launched it,\u201d Dalidakis says.<\/p>\n

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\u201cBut when I came in as minister, given I was going to launch it, I wanted to make sure it was going to do everything I wanted it to.\u201d<\/p>\n

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Dalidakis says he wasn\u2019t in a position to reveal whether or not the Victorian government would be following Queensland\u2019s lead and creating a similar co-investment scheme. However he did say he was impressed by Malaysia\u2019s MAVCAP<\/a> model.<\/p>\n

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MAVCAP is a venture capital firm, formed by the Malaysian government to help nurture startups and encourage high-growth tech companies.<\/p>\n

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\u201cIt\u2019s Malaysia\u2019s (government\u2019s) answer to a venture capital fund. And because it\u2019s a sovereign fund, they\u2019re able to leverage off a whole heap of tax breaks,\u201d Dalidakis says.<\/p>\n

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\u201cThat\u2019s what they do on a grand scale.<\/p>\n

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\u201cWhat we want to do is create the infrastructure here in Victoria, so that anyone who wants to be able to create a startup, anybody who wants to build their own entrepreneurial tech business can fell as though they can, and are supported to do so.\u201d<\/p>\n

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Do you know more on this story or have a tip of your own? Raising capital or launching a startup? Let us know. Follow StartupSmart on <\/i>Facebook<\/i><\/a>, <\/i>Twitter<\/i><\/a>, and <\/i>LinkedIn<\/i><\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

The first dollars spent from the Victorian government\u2019s $60 million startup fund will be used to \u201csteal\u201d SydStart from Sydney.<\/p>\n","protected":false},"author":2,"featured_media":61931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/37389"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=37389"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/37389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/61931"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=37389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=37389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=37389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}