Australia’s Startup Accelerator Ecosystem: Perth – Mining, Energy, and the New Digital Frontier

When people think of startups, Perth isn’t always the first city that comes to mind. Yet this western outpost, closer to Singapore than to Sydney, plays a crucial role in Australia’s broader innovation narrative. Historically defined by its mining and resources economy, Perth is now quietly reinventing itself through digital transformation, energy tech, and applied AI. This evolution makes it an intriguing case study in how legacy industries can spawn modern, capital-efficient innovation—if founders resist the temptation of premature blitzscaling.

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Australia’s Startup Accelerator Ecosystem: Brisbane’s Sustainable Entrepeneurship

While Sydney and Melbourne dominate Australia’s startup headlines, Brisbane has quietly been cultivating an ecosystem rooted in pragmatism, collaboration, and sustainability. It’s less about the frenzy of venture capital and more about building real businesses that serve real customers. For this reason, Brisbane’s emerging founders are uniquely positioned to embrace the 1Mby1M philosophy of Bootstrapping First, Raising Money Later.

Why Bottom Up TAM Drives Startup Success

TAM = Total Available Market. Most entrepreneurs do a terrible job of modeling a defensible TAM. Yet, TAM drives Fundability. It’s not exactly something you can afford to mess up. The most common TAM error is choosing Top-down TAM over Bottom up TAM.

Top-down, 30,000 ft TAM means nothing.

Please go through the Market Sizing module in the 1Mby1M Curriculum.

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December 11 – 711th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 711th FREE online 1Mby1M Mentoring Roundtable on Thursday, December 11, 2025, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 p.m. India IST.

If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback from Sramana Mitra, advice on next steps, and answers to any of your questions. Others can register to Attend to watch and learn.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Please share with any entrepreneurs in your circle who may be Interested.

710th 1Mby1M Mentoring Roundtable Recording

In case you missed it, you can listen to the roundtable recording here:

Register for our next roundtable here.

Australia’s Startup Accelerator Ecosystem: Melbourne

If Sydney is the financial engine of Australia’s startup ecosystem, Melbourne is its intellectual powerhouse. The city’s deep university network—anchored by the University of Melbourne, Monash University, and RMIT—has nurtured generations of engineers, designers, and researchers. Melbourne is also home to a large creative industry and a strong culture of independent thinking. The result: a steady stream of founders who care deeply about problem-solving and product design, but not necessarily about hypergrowth at all costs.

Roundtable Recap: December 4 – 2026 Will Be a Golden Year for Solo Founders

During this week’s roundtable, we had two founders pitch their ideas. Remember, not all business ideas are viable. And the vast majority of business ideas are not fundable.

Farmience

First we had Tejas M K from Chennai, India, pitch Farmience I advised him to narrow down his target market and validate unit economics. There’s a very good chance that this business is not viable, nor fundable.

Fly

Next, we had Rhi Gladney from Las Vegas, Nevada, pitch Fly. This business idea could be built as a bootstrapped 2-sided marketplace with much tighter positioning.

We’re hearing a tremendous amount of complaints about bias against solo entrepreneurs in the incubator, accelerator and venture capital eco-system. 

Let me be very clear: 1Mby1M categorically supports solo entrepreneurs. Our accelerator is designed to incubate, accelerate and scale solo and bootstrapped founders. We believe solo entrepreneurship will explode in 2026. If you are looking for an accelerator that explicitly supports solo entrepreneurs, 1Mby1M is your partner. Please join us. We welcome you with open arms. Solo entrepreneurs succeed more often than you think.

You can listen to the recording here:

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Australia’s Startup Accelerator Ecosystem: Sydney – Finance, AI, and Enterprise 

Sydney is, without question, the epicenter of Australia’s startup activity. It’s where the country’s capital markets, banking ecosystem, and investor networks converge. It’s also home to the headquarters or APAC bases of many global technology giants—Google, Microsoft, Amazon, Atlassian, Canva—all of which feed talent, capital, and credibility into the ecosystem. Yet, despite all this, the Accelerator Conundrum is particularly acute here. Sydney founders are under immense pressure to “go big fast,” and many lose sight of the fundamentals early.