Through the South Australian Landing Pad global entrepreneurs will be able to apply for up to $80,000 over 12 months to help cover business accommodation and professional services costs. The program is part of a suite of new measures to be funded by the state government’s $100 million Economic and Business Growth Fund. Premier Steven Marshall says the initiative will help attract exciting start-up and scale-up companies to grow alongside the South Australian economy.“The state government is committed to creating an environment where small businesses from across a range of industries – both emerging and established – can thrive,” said Premier Marshall.
“Supporting start-ups and ensuring they have the right economic environment to build a successful business is crucial in creating jobs and bolstering economic growth throughout South Australia.” – The Hon Steven Marshall, MP
The South Australian Landing Pad will show international companies of all sizes that South Australia is serious about leading the way in entrepreneurship, cyber security, defence, space and innovation.The announcement will give entrepreneurs from around the globe the incentive to explore the opportunities available to them right here in Adelaide; in particular connecting with rapidly growing businesses and future industries, such as those at Lot Fourteen.“We look forward to welcoming more of the world’s best and brightest to South Australia, as we capitalise on strong business confidence and ongoing momentum,” said Minister for Trade, Tourism and Investment, David Ridgway.Applicants will be assessed through a competitive process, with priority given to businesses related to defence and space, cyber security, energy and health as well as media, film food and wine.