Join some of the world’s most intelligent businesses
When a business is based in Sydney and New South Wales (NSW), it will be joining some of the world’s most dynamic and intelligent businesses. Sydney was ranked the 15th smartest city in the world by Forbes and companies such as Google, Amazon, the Agricultural Bank of China and Lockheed Martin have chosen NSW as the home for their regional operations.
Here are just some of the reasons why starting or growing a business in Sydney and NSW is a smart choice:
An ecosystem of smart businesses
Sydney and NSW are a hub for creating leading businesses in AgTech, FinTech, MedTech, clean-tech and high-value manufacturing. In fact, 64% of Australian tech startups are based in NSW, and 46% are in Sydney. NSW is also home to large multinational organisations, hosting the Australian headquarters of over 600 multinational companies.
A smart workforce
The talent any business needs can be found right here with Australia being the fourth smartest country in the world. On top of this, 69% of NSW residents have post-school qualifications and 38% of Sydney’s workforce holds a bachelor’s degree or higher.
NSW boasts 11 public universities, more than any other state. NSW also has nearly half of Australia’s top ranked universities, including two ranked in the world’s top 100 and over 130 technical and further education institutes (TAFE). This provides businesses with the chance to collaborate with some of the best institutions, as well as a pipeline of qualified graduates.
A focus on new technologies
Sydney and NSW are actively focused on develop creating collaborative hubs that bring inventors, entrepreneurs, research institutes, business and investors together. This has helped NSW develop niche expertise in areas such as blockchain, artificial intelligence (AI), robotics and cybersecurity.
The advances made right here in Sydney and NSW have been successfully commercialised and applied in sectors including agriculture and food, financial services, professional services and manufacturing. In the process, they’ve attracted interest from international investors and researchers.