What is the difference between a startup and a small business?

"The 2015 budget became known as the small business budget thanks to the small business instant asset write off and tax cuts but this year the government's focus is firmly on startups. Malcolm Turnbull has been lauded as our "first startup prime minister" and stressed his dedication to the startup cause with the launch of his $1.1 billion innovation plan. The hype around startups means Atlassian is regularly described as a startup despite having been in operation for 12 years and listing on the NASDAQ last year." Read more

Cara Waters Brisbane Times 10 Feb 2016