Finding the 'next Silicon Valley'

With contenders lining up to become the potential home of the next billion dollar startup, it's cities like Canberra with a world class university and access to innovation dollars that could end up taking the prize.

Tech trends in 2011 included cloud computing, seed accelerators and everything Apple, including the sad loss of the company’s co-founder, Steve Jobs in October. Another trend one surely couldn’t help noticing in 2011 that is likely to continue in 2012 is the endless proclamations that this city or that is “the next Silicon Valley.” In 2011, hubs both large, small and in between were at various times touted in the press as the next place where innovation and investment will come together in a magic potion and poof! – create the next Silicon Valley.

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