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IMO there has never been a better time in living memory to launch a startup as a researcher
The Federal Government is throwing massive support behind building new companies & industries
The Australian Economic Accelerator is planning to fund up to 96 $500k grants & 36 $5m grants pa to help researchers commercialise their research
Jul 7, 2020 • 21 tweets • 5 min read
Have been thinking about Semiconductors & how to get an industry going here in AU
Before everyone laughs, we should consider this
Semiconductors are a +$USD 480 billion pa business growing at 9-10% pa
They are the new oil
Interestingly China imports more chips than oil
To put this in perspective AU exports in USD
Iron Ore $45b
Coal $56b