Nail it before you scale it | KPMG | AU

Nail it before you scale it

Nail it before you scale it

Is your high tech business ready to take on the US market? For an Australian tech startup looking at becoming a global company, the US is one location for global expansion.


National Leader, KPMG Innovate

KPMG Australia


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Elevate61 satchel with Golden Gate Bridge in the background

The US is the global centre for tech startup investment, it has similar regulatory frameworks, and there is no language barrier. It is also the ‘undisputed king’ of startup innovation – with 84 $1 billion startups compared to just one from Australia.

Making the leap into a new market however, is not a simple process for Australian startups. Going into its second year in 2016, elevate61 is a unique program designed to enable high-performing Australian businesses to fast-track their growth into the US and beyond.

elevate61 provides participants with facilitated access to an established network of successful Australian and US-based investors, advisors and global corporations.

Stages to establish your startup in an overseas market

  1. Evaluate: Before you even embark on international expansion, you first need to ask: are you ready to go to the US?
  2. Prepare: What you do before you hit the US will make or break your expansion plans.
  3. Explore: Get over to the US, When you get to the US ensure you balance your focus between investment and business development.
  4. Evolve: Both during and after any trips to the US to establish your business, you need to continually evolve your offering, your messaging and your expectations.
  5. Act: You have the insights, now is the time to use them. A mission to the US will give valuable insight into what your startup needs. 

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