This week, Pozible announced TechSydney has been dubbed its biggest non-profit campaign after it raised over $400,000 within two weeks.
TechSydney is notably on a mission to make Sydney a top 10 tech ecosystem. It shared that while it seems as though the city’s tech community is growing, it seems as though it’s not enough to be considered a major ecosystem for developing businesses. The company reports:
“By all independent measures we’re going backwards compared to other cities around the world. What does backwards mean? It means we’re becoming less relevant in the global tech economy, which is fast becoming the leading source of economic growth across the world. We need to change this and it’s going to take one hell of a communal effort to put the brakes on the slide and create enough momentum the other way to accelerate past other cities.”
To Sydney a place for startups to grow, TechSydney is currently looking to raise $500,000 as it prepares to expand its team and develop an online talent platform, along with founder forums, up/down mentoring, and set up a Trello board that will reveal the items it will focus on to make startups grow.
TechSydney’s founding member, Kim Heras, stated in a recent interview the success of the campaign proves there is a need for the startup ecosystem:
“It’s really good validation of what we’re trying to do. We’re not surprised that it’s doing this well because we spent months and months going out and talking to people.”
In regards to what the company is planning to do after the campaign comes to an end, Hera explained:
“We’ll be helping uncover talent and connect it better to startups, and we’re actually doing that already. We will be constantly iterating based on what the community wants. It’s about going and trying to engage with as many parts of the community as possible.”
The campaign is set to close at the beginning of August.
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