Fishburners has facilitated forging of frontiers for more than 2,300 Australian startups.
Nicole O’Brien, is the Chief Executive Officer of Fishburners. The company is officially celebrating, having spent a decade in the industry of growing new Australian ventures.
Fishburners launches Tech for Good Awards
O’Brien is advancing the argument that puts emphasis on support for future Australian startups to focus on tackling environmental, economic and social challenges.
“To succeed, startups need to remain at the forefront of a tech-enabled future and focus innovations towards sustainable development plus ongoing social and economic wellbeing.”
“Together with the New South Wales Government and their Investment NSW, we are requesting emerging businesses in this space to join us in the nation’s race to net zero.”
“This is because great opportunities are available, momentum is building and with the right support we know that this sector will help solve some of our greatest challenges.”
Fishburners is collaborating with NSW gov’t
Stuart Ayres, is the Minister for Jobs, Investment Tourism and Western Sydney and Minister for Trade and Industry. He said that the Australian startup ecosystem has already provided some of the most innovative solutions to Australia’s environmental challenges.
“These awards will identify, acknowledge and promote the most ambitious and successful startups which tackle the most pressing environmental, economic and social challenges.”
The award categories include climate action, social justice, disability, diversity and inclusion.
The Tech for Good Awards will recognise early-stage ventures that use technology to create a positive impact, with a $5,000 cash prize from the NSW Government per winning startup.
“With our bold net-zero target, nation-leading policies for renewable energy, electric vehicles and hydrogen technologies, we are sending a clear message globally, that NSW is the premier destination in order to be able to innovate and invest in green technology,” said Stuart.
Fishburners has seen the startup sector contribute greatly towards jobs growth in Australia.
The company therefore expects that technology investments will exceed other parts of the economy as it is predicted to grow three times as fast as mining or manufacturing.
“Considering our state’s economic strength, abundant natural resources and innovative business environment, the transition to a clean economy presents a wave of opportunity to scale-up great ideas plus generating new jobs and investment,” Ms O’Brien said.
Australian startups have accumulated a valuation of over $1 billion and Fishburners has seen their own startups like Car Next Door reach a valuation of $50 million this year.
V2 Foods is valued at $55 million and MadPaws reached a 2020 valuation of $40 million.