{"id":38105,"date":"2023-10-20T14:54:14","date_gmt":"2023-10-20T14:54:14","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/heavyweight-silicon-valley-investors-and-entrepreneurs-descend-on-sydney-startupsmart\/"},"modified":"2023-10-20T14:54:14","modified_gmt":"2023-10-20T14:54:14","slug":"heavyweight-silicon-valley-investors-and-entrepreneurs-descend-on-sydney-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/heavyweight-silicon-valley-investors-and-entrepreneurs-descend-on-sydney-startupsmart\/","title":{"rendered":"Heavyweight Silicon Valley investors and entrepreneurs descend on Sydney – StartupSmart"},"content":{"rendered":"
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A delegation of heavyweight Silicon Valley investors and entrepreneurs has\u00a0descended on Sydney as the New South Wales\u00a0government ramps up efforts to establish itself as the Asia-Pacific startup capital.<\/p>\n

Visitors to the city include 500 Startups fintech head Sheel Mohnot, Silicon Valley Bank’s global division’s managing director Andy Tsao and Ernst & young head of blockchain Angus Champion de Crespigny.<\/p>\n

The initiative is being led by NSW minister for trade Stuart Ayres, who says it will focus on the local fintech sector and facilitating investments and partnerships.<\/p>\n

“The delegation will allow us to showcase to the delegation that Sydney is a leading Asia-Pacific fintech hub and that it is the ideal launching pad for their expansion into the region,” Ayres tells\u00a0StartupSmart.<\/em><\/p>\n

“It’ll allow them to see the local talent that Sydney has to offer and to build connections with our fintech players.”<\/p>\n

He says he also hopes some of the delegate will be inspired to set up a local base in Sydney.<\/p>\n

“There is no doubt that this mission will expedite the business decision for some of them to set up shop in Sydney,” Ayres says.<\/p>\n

“Adding leading fintech busineses into our ecosystem is a critical part of our growth strategy both in terms of direct job creation as well as enhancing our thriving, innovative economy.”<\/p>\n

The impending visit has already received “unprecedented” interest and engagement from the NSW startup community, Ayres says, and this form of global collaboration is crucial for the ecosystem’s long-term success.<\/p>\n

“International collaboration and the exchange of ideas is essentially a form of trade,” he says.<\/p>\n

“This type of engagement and knowledge sharing enhances our own sector and in turn we provide these visitors with our unique brand of innovation.”<\/p>\n

Ayres says the delegation will also include a “world-leading” accelerator that is currently eyeing Sydney as well as a prominent venture capitalist.<\/p>\n

“The US market is a world leader in fintech and this brings opportunities for investment, particularly in early-stage ventures, as well as partnerships and mentoring opportunities,” he says.<\/p>\n

“The partnership and mentoring is critical to our industry development and the US is a great teacher and partner.”<\/p>\n

Follow StartupSmart on<\/em> Facebook<\/a>,<\/em>\u00a0Twitter<\/a>,<\/em>LinkedIn<\/a>\u00a0<\/em>and\u00a0<\/em>SoundCloud<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A delegation of heavyweight Silicon Valley investors and entrepreneurs has\u00a0descended on Sydney as the New South Wales\u00a0government ramps up efforts<\/p>\n","protected":false},"author":2,"featured_media":61791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/38105"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=38105"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/38105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/61791"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=38105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=38105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=38105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}