Angels give wings to Australian start-ups

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Angels give wings to Australian start-ups

As a nation that is home to a well-developed education system and world-class research institutions, Australia is often lauded as fertile grounds for innovation. But the outlook for young entrepreneurs may not be so rosy.

The technology industry is rife with anecdotal evidence that although ideas may be born down under, start-ups often move to larger markets such as the U.S. or Asia to grow."Australia does have good innovation networks, markets for development, access to capital and funding," said Rob Fitzpatrick,...

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