Leading barriers to founding a startup Australia 2023

Published by Statista Research Department, Nov 9, 2024
According to a survey conducted between July and August 2023 about startups in Australia, around 40 percent of respondents stated that a challenge to founding a startup was requiring a stable income. In the same period, a lack of time was a barrier for 18 percent of respondents.

Leading challenges to founding a startup in Australia in 2023

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Release date

November 2023

Region

Australia

Survey time period

July 11 to August 21, 2023

Number of respondents

1,106 respondents*

Method of interview

Online survey

Supplementary notes

*The sample included 585 verified startup founders and 322 startup supporters.

Only the leading ten challenges are presented.

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Topics

Startups in Australia CrowdfundingVenture capital in North AmericaVenture capital worldwideFintech in Australia
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