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Global Package A guide to your international journey

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Global PackageA guide to your international journey

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Contents

Migrating, starting up and attracting highly-skilled workers.

04

Exploring and accessing our global team.

How we will work with you.

Welcome to South Australia.

06 10 12

Finding a place to land.

Exporting.Finding partners and participating in networks.

Accessing grants, incentives and investment.

14 16 20 22

03

South Australia.

Our key priority sectors:

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A place where ideas are developed, tested and sold to the world.

Australia provides a safe and low-risk environment to do business.

• 25 million people

• 6th largest country by land area

• 28 years of uninterrupted annual growth

• A$86,284 average salary in Australia

• Ranked 15th out of 190 economies for ease of doing business

• In the top 10 among OECD member nations for its total expenditure on R&D

South Australia offers a superior lifestyle, a highly-skilled workforce, cutting-edge research and development and technology infrastructure.

• 300 days of sunshine

• Direct flights to Hong Kong, Dubai,

Doha, Singapore, Kuala Lumpur,

Guangzhou and Auckland

• Home to international events

including Adelaide Fringe, WOMAD

and the Tour Down Under

• 103,000 students currently enrolled in

university courses in the state

• Home to the most innovative

organisations in Australia such

as Australian Institute of Machine

Learning, Myriota, Micro-X and Rising

Sun Pictures

• 1200+ foreign companies operating in

South Australia

• Adelaide, the capital of South Australia, is a cost competitive, vibrant and multicultural metropolis.

• 313,187 daily visitors

• Consistently ranked in the top 10

most liveable cities

• The most cost competitive city

in Australia

• 60% more affordable office spaces

compared to Sydney

• 10.75% labour costs below the

Australian average

• Number 1 for employee retention rates

among Australian capital cities

Food and agribusinessInternational education Tourism Energy and mineralsDefence and space industriesThe high-tech sectorHealth and medical industriesCreative industries

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Here are the top 10 things you need to know

about South Australia:

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A fertile ecosystem for growing

technology and creative enterprises

A key player in the emerging driverless vehicle industry

The most advanced environment for new space start-ups

The heart of Australia’s defence innovation

A global healthcare innovatorAn International Education destination with 38,000 international students’ enrolments in 2018 and world-class universities

An open and integrated approach to technologies including IoT and Smart City solutions

Agriculture is the state’s largest export sector and employs one in five people

A recognised leader in renewable energy, energy storage and low carbon initiatives

Clean, green and safe production environment within close proximity to major freight routes and port access

he Department for Trade, Tourism and Investment is the lead agency for supporting investment into South Australia and trade into key export markets.

Our purpose is strong: to capitalise on our high growth and high-value sectors to make South Australia a globally competitive, thriving destination and supportive ecosystem for businesses, entrepreneurship and innovation.

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How we will work with you.

T We have an unrivalled track record of supporting and working with investors and exporters to deliver their vision to the highest standards. We provide a range of sophisticated services and resources customised to the individual needs of every company.

You will have access to a dedicated team of investment and trade experts with proven experience in delivering complex projects for local and global clients from around the world.

If you are an entrepreneur, a start-up, an SME or a large company, we can help you:

There has never been a better time

to do business in South Australia.

Speak to us if you are:

• establishing a presence in South Australia or the Asia Pacific region

• seeking joint venture opportunities

• growing your existing business in South Australia from your home country

• looking at growing into international markets

• Exploring and accessing our global team

• Migrating, starting up and attracting highly-skilled workers

• Finding a place to land

• Recruiting and training

• Finding partners and participating in networks

• Accessing grants, incentives and investment

• Exporting

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Finding a place to land.

Setting up a business in Australia is easy. Whether you are a global entrepreneur with an innovative idea, a scale-up business or an SME looking to establish headquarters in South Australia, there are visa options for you to migrate or attract highly-skilled and specialised workers.

Pages 12-13 outline fundamentals about setting up a business in Australia as well as available visas for entrepreneurs and businesses with an international workforce.

Office rental can represent the greatest cost to a business in a foreign jurisdiction. South Australia is well known for its entrepreneurial ecosystem with numerous co-working spaces housing amazing talent and start-ups, alongside other accommodation options ranging from central business district locations, innovation districts and low-cost industrial and agricultural land.

We will work with you to identify the best location tailored to the needs of your company (industrial, commercial or retail operations), whether you are looking for a flexible option or for a longer-term solution.

Pages 14-15 showcase some of the amazing places you might land in South Australia including our co-working spaces and innovation precincts.

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Migrating, starting up and attracting highly-skilled workers.

Exploring and accessing our global team.

You might be looking for in-market knowledge and introductions to help you identify opportunities, strategic partnerships, advice on the Australian and South Australian market, export assistance or the next inbound/outbound business mission.

The South Australian Government has full-time commercial representation in key target markets overseas to provide export and investment assistance and help attract business investment and migration to South Australia. They will be your first point of contact to discuss the South Australian opportunity.

Pages 10-11 outline all the South Australian Government overseas representation offices.

Fostering the development of new industry ecosystems to enhance network connectivity through collaborative partnerships, makes South Australia a place where industry, government and businesses are connected and work together closely to facilitate innovation and investment.

We will help you establish your business through introductions to:

• relevant industry associations and peak bodies to assist your successful integration into the local ecosystem

• other companies in your sector supply chain for potential collaborations

• our world-class research community, featuring universities, institutes, etc

• our existing industry programs including incubators and accelerators.

Pages 16-19 outline some of the key players from the South Australian innovation ecosystem.

The best overall location will often be chosen according to strategic, economic and social criteria. South Australia offers access to private capital as well as state and federal incentives, which stimulate and strengthen the local innovation ecosystem.

The South Australian Government is committed to building a competitive business environment that will attract and support entrepreneurs, start-ups and businesses that will introduce significant new technologies, capabilities, capacities and expertise to the state. Key state initiatives include the Economic and Business Growth Fund, the Research, Commercialisation and Start-up Fund and the appointment of a Chief Entrepreneur.

Pages 20-21 outline all state and federal incentives and support mechanisms, as well as investment opportunities for entrepreneurial businesses.

09

Exporting

South Australian companies can access a large number of programs offering advice, mentoring, training and assistance to help with their exporting.

Page 22 outline these initiatives.

Recruiting and training. Finding partners and participating in networks.

Accessing grants, incentives and investment

Recruiting and retaining local staff is one of the greatest challenges when expanding in a foreign jurisdiction. South Australia has internationally acclaimed universities and an extensive vocational training system with a wide range of specialised tertiary institutions, and the government is committed to ensuring that the state has the skills needed by industry now and into the future.

The South Australian Government recently announced Skilling South Australia, a funding initiative that supports apprenticeships and training in South Australia. Supported industries include defence, aerospace, information technology, creative industries and cyber security, health, manufacturing and transport, agribusiness, food, wine, tourism and construction, mining and energy.

We will help you access the state’s skilled local workforce and will connect you with education and training providers.

Accessing our global team.

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*The Office of the Agent General in London proposes a free service for UK and European businesses looking to enter the South Australian market with a day of bespoke face-to-face meetings with experts in Australian law, tax, finance, recruitment, visas and property. For more information: James Mraz, Deputy Agent General, [email protected]

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The South Australian Government has full-time commercial representation in key markets overseas to provide export assistance to South Australian businesses and help attract business investment and migration to South Australia.

London, United Kingdom*

Mr Bill Muirhead AM Agent General for South Australia

Office of the Agent GeneralAustralia Centre, Strand, London WC2B4LG, UK

P: +44 20 7520 9100E: [email protected]

Jinan, China

Ms Fion Jia Representative, Jinan Representative Office, Government of South Australia

Room 1305, Floor 13, Dazhong Media Plaza, 2 Luo yuan Street, Jinan, Shandong, 250014 PRC

P: +86 531 8601 6568/7 M: +86 138 0531 8619 E: [email protected]

Hong Kong SAR, China

Ms Alice Jim Senior Business Development Manager South Australia Hong Kong, Macau & South China

Australian Trade and Investment Commission (Austrade)

24/F Harbour Centre, 25 Harbour Road, Wan Chai, Hong Kong SAR, CHINA

P: +852 2588 5317M: +852 9021 3012E: [email protected]

Shanghai, China

Ms Xiao-Ya WeiCountry Director, China

Australian Trade and Investment Commission (Austrade) Australian Consulate-General Shanghai Commercial Section

Suite 2101, CITIC Square, 1168 Nanjing Road West, Shanghai, 200041 PRC

P: +86 (21) 6103 5607M: +86 138 0197 2961E: [email protected]

Mumbai, India

Mr Rahul Ranjan Investment Manager, South AustraliaAustralian Trade and Investment Commission (Austrade)

Australian Consulate General, Crescenzo, 10th floor, A wing, G Block, C- 38 & 39, Bandra Kurla Complex, Mumbai 400 051, INDIA

P: +91 22 6116 7116M: +91 7506377355E: [email protected]

Kuala Lumpur, Malaysia

Mr Adil Akbar Investment and Trade Manager, South Australia

Australian High Commission, 6, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, MALAYSIA

P: +60 3 2782 5619E: [email protected]

SingaporeThailandIndonesia

Ms Sonya Madramootoo A/Manager, South East Asia International Engagement,

Department for Trade, Tourism and Investment

P: +61 (8) 8303 2527M: +61 (0) 477 386 958 E: [email protected]

Tokyo, Japan Ms Sally Townsend Commissioner South Australia – Japan and Korea

2-1-14 Mita, Minato-Ku Tokyo 108-8361 JAPAN

P: +813 5232 3570E: [email protected]

Migrating, starting up and attracting highly-skilled workers.

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If you are an international entrepreneur, worker or investor:

• If you are travelling to Australia for business purposes including general business, employment enquiry, negotiations or a conference: Visitor Visa – Business Visitor Stream (subclass 600) for you and key employees

• If you are a highly successful business person (as defined by Home Affairs) looking at establishing a business or developing an existing one, which will provide significant ongoing benefits to the South Australian economy: Business Talent (Permanent) Visa – (subclass 132) or Business Innovation and Investment (Provisional) Visa – (subclass 188/888)

• If you are a high net worth individual who wants to invest a minimum of $5 million into one or more ‘complying investments’: Significant Investor (Provisional) Visa – (subclass 188)

• If you have an occupation listed on Immigration SA’s State Nominated Occupation Lists, you may be eligible for the South Australian Government’s nomination via the Skilled Nominated (Provisional/Permanent) visa – (subclass 190/489)

• If you are a promising overseas seed-stage entrepreneur seeking to develop your concepts in South Australia, and down the track, apply for permanent residency: you may be eligible for the Supporting Innovation in South Australia Scheme

If you are a South Australian business:

• If you are a South Australian employer wishing to nominate workers from overseas or temporary residents already in Australia to fill skilled full-time vacancies that cannot be filled from the local labour market: Employer Sponsored Migration (Permanent) Visa – (subclass 187) or Temporary Skill Shortage visa (subclass 482)

• If you are an Australian established business or start-up operating in STEM, the Department for Home Affairs launched in July 2018 the Global Talent Scheme (GTS) Pilot, which features an established business stream and start-up stream designed to attract globally mobile, highly-skilled and experienced staff to Australia

Other visas may also be considered by using the Department of Home Affairs Visa Finder. Migration agents can help with choosing the right visa type and help with the application process (fees are applicable). If you are engaging a migration agent in Australia, please make sure that the agent is registered with the Migration Agents Registration Authority (MARA).

Migrating or attracting

highly-skilled workers

Whether you are a global entrepreneur with an innovative idea, an overseas scale up or an SME looking to establish in South Australia, there are various visa options available for you to both migrate and attract highly-skilled and specialised workers.

he Federal Department of Home Affairs is the agency responsible for assessing and granting all visas to Australia. The South Australian Government, through Immigration SA, has delegated authority to assess and provide nominations to assist in obtaining a visa for businesses and skilled people.

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Creating a business International investors may wish to establish a new Australian company or establish an Australian subsidiary which also operates as an Australian company. Alternatives may be to acquire an existing Australian company or registering as a foreign company.

There are four structures to choose from for a new company: sole trader, company, partnerships or a trust, which will need to be registered with the Australian Securities and Investments Commission (ASIC) to obtain an ABN/ACN.

Business regulatory bodies• Australian Taxation Office (ATO)

• Foreign Investment Review Board (FIRB)

• Australian Competition and Consumer Commission (ACCC)

• Australian Securities and Investments Commission (ASIC)

• IP Australia

• Australian Securities Exchange Limited (ASX)

• Reserve Bank of Australia (RBA)

• Australian Prudential Regulation Authority (APRA)

Employment• Governed by the Fair Work Act 2009

• Average of 38-hour work week

• Four weeks of paid annual leave per year

Main taxes• Goods and Services Tax (GST) – a value added

tax of 10% on most goods and services sales

• Income tax

• Fringe benefits tax

• Superannuation tax

Australia offers a cost-effective and low-risk environment. When entering the Australian market and setting up a business, there is information and regulations you might need to consider.

Australia also uses the Pay-As-You-Go (PAYG) tax withholding system, where employers withhold tax from their employees’ remuneration and remit the tax to the ATO.

Doing business in Australia FederalSecurity, defence, immigration, environment

State/territoryEducation, health, transport and planning, trade, tourism, investment, industrial relations

Local (councils)Town planning, local roads, libraries, waste disposal

The legal system

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Finding a place to land.

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Coworking spaces

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oworking spaces are a key segment of South Australia’s innovation ecosystem, as they provide flexible office accommodations, workshops, networking events, etc. You will be able to choose from more than 30 South Australian coworking businesses: the highest number per capita in Asia.

eNVIsion: is a collaborative coworking space connecting local business owners and entrepreneurs with resources within Flinders University’s New Venture Institute.

Base64: created in 2012 by Adelaide entrepreneur Simon Hackett, Base64 is a business precinct based around a historic 19th Century Adelaide mansion invigorated with 21st Century technology.

WOTSO: this WorkSpace provides offices and collaborative workspace for start-ups, individuals, SMEs and corporate teams. With 13 locations across five states, WOTSO also offers a passport program that allows travelling members to hot-desk for free at any of the other spaces in their network.

Hub Adelaide: offers a coworking platform for growing businesses in Australia with a range of memberships to suit their needs depending on the stage of their business. Hub Australia is now Australia’s largest Australian owned and operated coworking provider.

CoHab: is a not-for-profit company located at the Tonsley innovation district providing space to its members who have the opportunity to operate their businesses, connect and collaborate.

St Pauls Creative Centre: is a collaborative coworking space for the creative industries and arts sectors. The centre encourages collaboration and connectivity through physical and digital clustering of arts and broader creative industry businesses and practitioners.

Space SA: offers a dynamic workspace to create a community of business experts, social innovators, entrepreneurs, start-ups and thinkers. More coworking spaces can be

found at coworkingsa.org.au/

BlankSpace: is Adelaide’s premiere coworking studio for visual creatives specialising in film, animation, photography and graphic design.

Mâché: provides a premier location for audio, visual and digital artists to work in a collaborative environment.

Little City Studio: is a community of small business owners, remote workers and freelancers who have outgrown their home office or who want to build networks in an affordable environment.

Spot Co-Working: is a boutique office space that offers its members a collaborative, independent work environment which shares premium resources and ideas to optimise a work-life balance.

Evolve East End: is a coworking space in the East-End that allows its creative residents to focus on creative innovative products and businesses.

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Innovation precincts outh Australia is renowned for its collaborative ecosystem. You will have access to some of the best innovation precincts where businesses, academia, industry bodies and government are collocated.

Tonsley Innovation District: Tonsley is a hub for advanced manufacturing businesses and services specialising in high-growth sectors: health, medical devices and assistive technologies, clean-tech and renewable energy, software and simulation, mining and energy services.

Adelaide Biomed City: the A$3.8 billion Adelaide BioMed City is one of the largest health and life sciences clusters in the Southern Hemisphere and brings together research, education, clinical care and business development.

Lot Fourteen: the site is being developed as a space that fosters collaboration and innovation across sectors and disciplines, including defence and space, artificial intelligence, machine learning and robotics, cyber security and creative industries.

FIXE: or future industries exchange for entrepreneurship and located at Lot Fourteen, provides an innovation, incubation, start-up and growth hub for start-ups and serial entrepreneurs looking to scale-up in fast growing industries.

Waite Research Precinct: a world-class research, development, teaching and commercialisation precinct. Underpinning Australia’s agricultural industries with both fundamental and applied research, the Waite’s great strengths are in grains, soil and wine.

Roseworthy Campus: an internationally renowned centre for excellence in dryland agriculture, natural resource management and animal production.

Technology Park: with an established hub of defence and aerospace, advanced electronics, health, training, consulting, and information communication technology companies, Technology Park Adelaide provides a thriving environment for business collaboration and networking.

Osborne Naval Shipyard: the nation’s premier naval industry hub for companies pursuing opportunities in defence or commercial ship-building and ship sustainment projects.

Edinburgh Defence Precinct: a key national defence research, manufacturing and sustainment hub.

Stretton Centre: located north of Adelaide, the Stretton Centre is a catalyst for innovation and connects entrepreneurs, home-based businesses, researchers, practitioners and industry.

Defence Landing Pad: situated at Lot Fourteen, the Defence Landing Pad is a one-stop-shop supporting international companies to establish a presence in South Australia to explore opportunities in the state’s thriving defence and space sectors. It provides global companies with affordable, short-term office facilities, co-located with other like-minded companies, and access to government and industry support services in a single location. Through the Defence Landing Pad, companies also have assistance with local regulations, migration, business establishment and real estate, as well as information on workforce availability and skilling opportunities.

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Innovyz: through its nine-month programs, Innovyz provides end-to-end support to help innovators build and grow companies and bring their innovations to market. Innovyz also assists people and organisations that develop industry, make policy or have major commercialisation projects.

New Venture Institute: Flinders University’s incubator was named ‘Top Challenger in Asia-Pacific’ in the 2018 UBI World Benchmark Study, the world’s most extensive ranking exercise for university-linked business incubators and accelerators. eNVIsion Incubator, based in both Tonsley and Mount Gambier, provides services and programs for businesses in all stages.

ThincLab: ThincLab Business Incubator and Commercialisation Accelerator is an initiative of the Entrepreneurship, Commercialisation and Innovation Centre (ECIC) at the University of Adelaide and has been designed to provide a structured launch pad for start-ups. It has three locations in Adelaide as well as a network of global sister sites in Châlons (France) and Singapore.

Adelaide Business Hub: has connections locally and globally with strong ties to international business incubator networks in Asia, Europe and the US. It offers a combination of onsite consulting expertise and an incubator, providing business growth support, priority access to government funded programs and commercial and export advice.

Innovation and Collaboration Centre: the ICC is a strategic partnership between the University of South Australia (UniSA), the South Australian Government and DXC Technology. The ICC provides a unique environment to SMEs, entrepreneurs and students and

offers services and expertise in business growth, business management, strategy and marketing, commercialisation, design and technology.

Game Plus: is a collaborative workspace for game developers and related specialist technology start-ups. Game Plus is a workspace built to enhance collaboration and innovation and provides a hub for digital entrepreneurs to co-locate, share resources, knowledge and opportunities. It is also a focal point for government and industry to access a range of specialist expertise in interactive entertainment, simulation and training.

Venture Catalyst: is an initiative of the South Australian Government and UniSA and encourages student entrepreneurship and the creation of local start-ups by providing funding for early-stage ventures founded by UniSA students and recent graduates. They may apply for up to A$50,000 seed funding to further develop a product, service or process and take it to market.

Moonshine Lab: provides commercialisation support for technology-based start-ups within its coworking space. It is run by The Distillery, a local digital agency.

The Business of Being Creative: run by the City of Adelaide, the Business of Being Creative is an innovative, world-class program that supports creative enterprises to thrive and make a meaningful community impact. Across 90 days, 20 participants build on their ideas and global connections with industry-leading mentors and develop their entrepreneurial mindset and storytelling skills in workshops and masterclasses. Seed funding is also awarded to the top four participants.

Finding partners and participating in networks.

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Incubators

Techstars Adelaide Accelerator: launched in South Australia in July 2017 and the company’s first Asia-Pacific program, Techstars, supports early-stage companies advancing applications in Internet of Things (IoT), big data, sensors and robotics, with potential to develop and commercialise technologies related to the defence and security sectors.

The Australian Centre for Business Growth: at the University of South Australia delivers world-class business growth programs that provide executives with the knowledge and skills they need to develop as leaders, accelerate company growth and compete in a global marketplace. The Centre’s programs are for companies with A$2 million to A$50 million in revenue and five to 200 employees.

Venture Dorm Pre-Accelerator Program: provides an educational and immersive environment for people who want to learn how entrepreneurs build new ventures and then create one themselves. In less than 12 weeks, the program helps new founders define their idea, find a viable business odel which is scalable and repeatable and conduct customer validation.

Australian eChallenge: run by the Entrepreneurship, Commercialisation and Innovation Centre (ECIC) at the University of Adelaide, the Australian eChallenge is a competition-based new venture accelerator where participants pitch their concepts to potential investors from the local business community. Over the course of the program, participants learn how to take their idea from concept to prototype with the support of academic staff, mentors and other industry leaders. It also offers French students an opportunity to launch their entrepreneurial ventures in South Australia.

Microsoft Innovation Centre: founded in March 2015, Microsoft Innovation Centre South Australia (MICSA) is a local hub that provides resources and support for start-ups, students and entrepreneurs, helping to accelerate the creation of new companies, jobs and growth of the local ecosystem. Microsoft Innovation Centres exist to create real opportunities for entrepreneurs and start-ups, and for the development of IT skills.

Accelerators

17Illustation: TBWA\Adelaide

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Competence centres

Future Industries Institute: focuses on building knowledge and capacity in core future industries: minerals and resources engineering, energy and advanced manufacturing, environmental science and engineering, and biomaterials engineering and nanomedicine.

Australian Institute for Machine Learning: the University of Adelaide has established a new multi-million-dollar research institute to research the capacity of machines to learn and to help deliver the ‘fourth industrial revolution’.

Data-to-Decisions CRC: established with a grant of A$25 million, the Data to Decisions CRC (D2D CRC) is part of the Cooperative Research Centres Programme. D2D CRC brings together researchers and industry to tackle the big data challenges that face Australia’s national security agencies.

South Australian Virtual Reality Centre (SAVRC): a state-of-the-art, fully-immersive 3D visualisation facility used for geoscience and engineering and available more broadly for the educational, scientific and industrial community.

Institute for Mineral and Energy Resources (IMER): an institute to meet global mining and energy challenges with multidisciplinary solutions.

The Adelaide Wind Tunnel Research and Testing Facility: South Australia’s only industrial-scale wind tunnel, and the second largest in Australia.

South Australian Additive Manufacturing Applied Research Network (AMARN): the first and only commercial metal additive manufacturing in Australia, which also offers training in design.

Medical Device Research Institute: a network of researchers highly skilled in the development and application of a diverse range of medical technologies.

Cell Therapy Manufacturing CRC: an international collaboration of 16 organisations spanning industry, clinicians, healthcare and research providers.

Institute for Photonics and Advanced Sensing (IPAS): the institute fosters excellence in research in materials science, chemistry, biology and physics and develops disruptive new tools for measurement.

Centre for Nanoscale BioPhotonics ARC Centre of Excellence: a collaborative program and internationally recognised hub of NanoBioPhotonics created to discover new approaches to measure nano-scale dynamic phenomena in living systems.

Research Node for Low Carbon Living: a CRC contributing to technological, social and economic research that is facilitating the development and utilisation of low carbon products and services in the built environment.

Fight Food Waste CRC: a A$133 million, 10-year research centre targeting the growing international problem of food waste.

International Centre for Financial Services (ICFS): a centre established to foster excellence in the financial services industry by providing research, study opportunities and industry engagement.

Australian Wine Research Institute (AWRI): an Australian research organisation supporting a the Australian grape and wine industry’s own research organisation, which supports a sustainable and successful grape and wine industry through world class research, practical solutions and knowledge transfer.

Australian Centre for Plant Functional Genomics (ACPFG): one of the largest cereal crop genomics facilities in the field of abiotic stress tolerance in cereals.

Joint Security Centre (JCSC): this program brings together business and the research community along with state, territory and Australian Government agencies in an open and cooperative environment. The Adelaide Centre is one of five JCSCs to be established in Australia.

Finding partners and participating in networks

You will also have access to a large range of industry-led collaborative centres in South Australia, with highly-qualified researchers and state-of-the-art facilities.

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Industry bodies and key contacts

Business SA: South Australia’s Chamber of Commerce and Industry, which helps organisations of all sizes and in all sectors operate and manage their staff in today’s competitive business environment.

Industry Capability Network (ICN): a business network that helps Australian and New Zealand companies grow.

Australian Space Agency: based in Adelaide, the agency is responsible for whole-of-government coordination of civil space matters and is the primary source of advice to the Australian Government on civil space policy.

South Australian Space Industry Centre (SASIC): a centre to drive space industry innovation, research and entrepreneurial development.

Food South Australia: an independent, industry-led and membership-based organisation representing food and beverage manufacturing companies based in South Australia.

MedDev SA: Established in June 2015, MedDev SA is an alliance of leading South Australian based medical device companies.

Ageing Well International: a not-for-profit association to provide an industry-led, peer-to-peer network that can support South Australia’s ageing-well sector.

Aged Care Industry Association: a South Australia-based peak body for organisations involved in provision of care and services to older people.

South Australian Chamber of Mines & Energy (SACOME): the peak industry body representing companies with interests in the South Australian minerals, energy, extractive and petroleum sectors, including those who provide services to these companies.

Self-Managed Super Fund Association (SMSF): the association provides an extensive range of high quality SMSF knowledge and education, specialist accreditations and the Australian-first Graduate Certificate qualification.

Australian & New Zealand Driverless Vehicle Initiative (ADVI) Centre of Excellence: the peak industry advisory body that services the wide ecosystem of automated vehicle activities.

Council for international Trade and Commerce (CITSA): the peak body for almost 40 international chambers of commerce and business councils within South Australia.

Defence Teaming Centre (DTC): a nationally-focused member organisation connecting and supporting Australian industry to develop capability and increase overall competitiveness in domestic and global defence markets.

We will connect you with key decision makers and industry bodies, at a state and federal level.

Accessing grants, incentives and investment.

Economic and Business Growth Fund: a fund to support industry and business growth in South Australia through attraction and expansion support for initiatives that will introduce significant new technologies, capabilities, capacities and expertise in industries that align to the state’s competitive advantages.

Research, Commercialisation and Start-Up Fund: a fund to support South Australian businesses to collaborate with researchers and universities to solve industrial problems, commercialise new products and services, attract research infrastructure investment into the state and encourage the establishment and growth of start-ups.

Regional Growth Fund: a fund to support regional South Australia and unlock new economic activity in the regions, deliver critical economic infrastructure to create direct benefit across regional industries and strengthen regional communities.

South Australia Venture Capital Fund (SAVCF): a A$50 million fund aimed at promoting innovation by supporting new businesses, attracting venture capital, and encouraging companies to re-locate to South Australia. The SAVCF is managed by a private sector venture capital fund manager with strong networks to venture capital funds around Australia and internationally.

Renew Adelaide Inc.: a not-for-profit organisation providing new enterprises with vacant space through a 30 days, rent-free, rolling lease model.

Future Industries Accelerator (FIA): a A$7.5 million investment from the South Australian Government for local businesses to engage with Future Industries Institute researchers to solve specific industry problems and facilitate access to state-of-the-art technologies and two-way industry/academics placements through three schemes (Infrastructure Access Scheme, R&D Voucher Scheme and Mobility Grants).

Space Innovation Fund: provided by the South Australian Space Industry Centre to support the state’s emerging space industry, this fund will award $1 million a year, for four years, to support training scholarships, incubation services and an accelerator program.

The Office of the Chief Entrepreneur: is the entry point for entrepreneurs, start-ups, service providers and investors in South Australia. Jim Whalley is the Chief Entrepreneur and his role is to promote entrepreneurship and raise the profile of South Australia as the place to start and grow a successful business.

Entrepreneurs Supporting Innovation in South Australia Visa: this visa allows foreign entrepreneurs and investors with an innovative idea and a supporting business plan to apply for a temporary visa to take forward their venture in Australia, and down the track, apply for permanent residency.

Post-production, Digital and Visual effect (PDV) Rebate: combined with the federal government’s PDV offset of 30%, South Australian post-production companies receive an additional rebate of 10% off their local expenditures.

Building a competitive business environment that will attract and support the most innovative businesses is a key priority for the South Australian Government. You will have access to grants, incentives and other forms of assistance to support the development of your company.

Australia has entered into FTAs with 10 countries or groups of countries, and a number of other agreements are currently under negotiation. FTAs benefit Australian importers, exporters, producers and investors by reducing and eliminating certain barriers to international trade and investment .

Free Trade Agreements (FTAs):

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South Australian Landing Pad: established to support international and interstate companies looking to make their first investment in the Asia Pacific Region, Australia or South Australia with support available of up to A$80,000 over 12 months based on the business case presented.

Entrepreneurs’ Programme: the federal government’s flagship initiative for business competitiveness and productivity and access to expert guidance and grants for new products, processes and services, growth funding connection and collaboration opportunities. It supports businesses through a range of initiatives, including:

• Accelerating Commercialisation: access to expert advice and matched funding of up to A$1 million to cover eligible commercialisation costs to help take novel products, processes and services to market.

• Innovation Connections: access to a highly skilled facilitator for the purpose of reviewing the business’ research needs and matched funding of up to A$50,000 for research projects.

• Incubator Support: funding to new and existing incubators establishing in regions or sectors with high innovation potential and delivering support services to Australian start-ups with an international focus.

You will also have access to a range of federal initiatives focusing on science, research and innovation as long-term drivers of economic prosperity, jobs and growth.

South Australian Venture Capital Fund (SAVCF): a fund aimed at promoting innovation by supporting new businesses, attracting venture capital, and encouraging companies to re-locate to South Australia. The SAVCF is managed by a private sector venture capital fund manager with strong networks to venture capital funds around Australia and internationally.

Acumen Ventures: is focused on building the leading enterprise technology fund in Australia and South East Asia. Acumen Ventures seeks out the next generation of ambitious entrepreneurs building enterprise-focused companies, transforming corporations at the marketing and technology layer.

Dynamic and innovative companies might also choose to access South Australia’s private investment to accelerate their growth.

Blue Sky Private Equity: specialises in providing both late stage venture capital and early expansion capital to Australian companies to help support their growth. Blue Sky Venture Capital currently has investments in companies across a broad range of industries, including e-commerce, consumer technology, medical devices and specialty pharmaceuticals.

Joey Crowd: is an Adelaide-based crowdfunding platform that provides a platform to raise funds as well as a social media dashboard and a blogger community (called the Street Team), which users can leverage to help drive publicity for their product. It also has an e-commerce store where people can sell their products after a successful crowdfunding campaign has closed.

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Torrens Capital: specialising in small to medium sized businesses with exposure to high-growth industries. Torrens Capital is an Adelaide private equity firm that pursues investment in the healthcare industry and has strong relationships within industry and government.

Southern Angels: is a not-for-profit association comprising successful business executives, world-class scientists and entrepreneurs from a wide range of backgrounds, all interested in investing time as mentors as well as capital in promising high growth early-stage companies.

Global Innovation Linkages: this program provides funding (up to A$1 million over a grant period of up to four years) to assist Australian businesses and researchers to collaborate with global partners on projects with a strategic focus and leading-edge research and development.

CSIRO Kick Start: an initiative for innovative Australian start-ups and small businesses, providing dollar-matched funding of A$10,000 to A$50,000 and access to CSIRO’s research expertise and capabilities to help grow and develop their business.

R&D Tax Incentive: a measure to encourage industry investment in research and development by providing tax offsets (up to 43.5%) to eligible entities that undertake eligible R&D activities.

Cooperative Research Centres Programme: this program supports industry-led and outcome-focused collaborative research partnerships between industry, researchers and the community. The program has two funding streams:

• Cooperative Research Centres (CRCs) grants to support medium to long-term industry-led collaborations for varying periods of up to 10 years. There is no limit set on funding for CRCs.

• Cooperative Research Centre Projects (CRC-Ps) grants to support short term, industry-led collaborative research up to a maximum of three years. CRC-P grants are capped at a maximum of A$3 million.

Other federal initiatives include:

• The Enterprise Solution Centre for food, beverage and agribusinesses

• Advancing Renewables Program

• Biomedical Translation Fund

• Medical Technologies Program.

More information can be accessed here: www.business.gov.au/assistance

TradeStart Network: delivered in partnership with the

Department for Trade, Tourism and Investment and Austrade,

TradeStart assists South Australian exporters to achieve long-

term success in international markets. TradeStart provides local

assistance, a direct link to overseas networks and Austrade

services including:

SA Export Accelerator (SAEA): provides funding to eligible

South Australian exporters at each stage of their export journey.

There are three funding categories in SAEA:

• Emerging Exporter: Grants up to A$5,000 for South Australian

businesses that are exporting for the first time

• Export Accelerator: Grants up to A$30,000 to help fund

business expansion that will create multiple direct

ongoing jobs

• New Market Entry: Grants up to A$15,000 for mature export

companies that have exhausted their grant funding but are

looking to enter new export markets. New Market Entry of

$15,000 per new export market.

Export Market Development Grant (EMDG): a key Australian

government financial assistance program for small to medium

aspiring and growing export-ready businesses. It encourages

businesses to increase international marketing and promotion

expenditure to achieve more sustainable international sales.

Business SA’s Export Ready Program: comprising six

full-day workshop sessions followed by individual mentoring

sessions, this program assists South Australian businesses who

are new to exporting; not yet exporting but seriously considering

taking the next big step; or already exporting but looking to

increase and optimise results.

Austrade: The Australian Trade and Investment Commission

(Austrade) helps and assists Australian companies and supports

business to export products and services.

Export Finance and Insurance Corporation (EFIC): Australia’s export credit agency that provides Australian exporters

with a range of specialist finance solutions to help them take on

the world.

Australian Institute of Export (AIEx): this membership body

provides nationally accredited training endorsed by the Australian

National Training Authority (ANTA).

Business missions: the South Australian Government regularly

organises inbound and outbound trade missions. Outbound

missions take South Australian businesses to international

markets to showcase their capabilities, meet distributors, buyers,

potential investors, etc.

Exporters have access to a large number of programs delivered by the South Australian Government and its representation offices, including advice, mentoring, training and assistance.

For more information, please visit: dtti.sa.gov.au/trade

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• General market briefings

on what to expect in

international markets

• International market

selection, entry and

strategy advice

• Assistance and advice for

setting up a business in an

international market

• Delivering and following-

up specific international

business opportunities

• Information about local

commercial practices

and requirements

• Local industry insights

and contexts

• Understanding of

cultural customs and

business etiquette

• Awareness of and

preparation for

international trade

missions

• Business matching for

inbound missions

• Referrals to specialist legal,

tax or business advisory

firms, both in Australia

and overseas

• General marketing and

promotional advice

• Advising on available

government funding

for exporters.

Let’s talkIn the first instance, we want to understand your needs, so please contact:

The Department for Trade, Tourism and Investment

P: +61 (8) 8303 2400E: [email protected]

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The Department for Trade, Tourism and Investment and its employees do not warrant or make any representation regarding the use, or results of the use, of the information contained herein as regards to its correctness, accuracy, reliability and currency or otherwise. The Department for Trade, Tourism and Investment and its employees expressly disclaim all liability or responsibility to any person using the information or advice.

This document is subject to change by the Department for Trade, Tourism and Investment.

April 2019