{"id":38943,"date":"2023-10-20T14:59:51","date_gmt":"2023-10-20T14:59:51","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/us-vice-president-joe-biden-says-australia-can-become-the-innovation-hub-of-the-southern-hemisphere-startupsmart\/"},"modified":"2023-10-20T14:59:51","modified_gmt":"2023-10-20T14:59:51","slug":"us-vice-president-joe-biden-says-australia-can-become-the-innovation-hub-of-the-southern-hemisphere-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/us-vice-president-joe-biden-says-australia-can-become-the-innovation-hub-of-the-southern-hemisphere-startupsmart\/","title":{"rendered":"US vice president Joe Biden says Australia can become the innovation hub of the southern hemisphere – StartupSmart"},"content":{"rendered":"
\"\"<\/div>\n

US vice president Joe Biden says Australia can become the innovation hub of the southern hemisphere with a \u201clittle bit of help and a little bit of luck\u201d.<\/p>\n

Speaking at the US-Australia Business Roundtable in Sydney, Biden\u00a0discussed how America can help the Australian startup ecosystem grow, the need to embrace failure and the importance of immigration, as the ABC reports.<\/a><\/p>\n

\u201cWe want to see Australia continue to grow and to be a regional hub and a regional leader,\u201d Biden said.<\/p>\n

\u201cIt is overwhelmingly in our interests for you to become the innovation hub of the southern hemisphere and it\u2019s overwhelmingly in our interests for you to continue to grow in ways that are totally within your wheelhouse, with a little bit of help and a little bit of luck.\u201d<\/p>\n

\"Biden<\/p>\n

BlueChilli co-founder Sebastian Eckersley-Maslin also spoke on the panel and says Biden showed a real interest in the local startup and innovation sectors.<\/p>\n

\u201cHe seemed genuinely interested in how America could support Australia in growing our economic future,\u201d Eckersley-Maslin tells StartupSmart<\/em>.<\/p>\n

\u201cThe current administration is pushing really hard to build strong ties with their allies, and having Australia as a successful country in this area helps America.<\/p>\n

\u201cHe showed a genuine interest in supporting Australia.\u201d<\/p>\n

Biden said that an embrace of failure is crucial to building a successful ecosystem.<\/p>\n

\u201cYou\u2019ve got to be willing to risk failure \u2013 that\u2019s part of the spirit of all of you guys,\u201d he said.<\/p>\n

He also discussed how important migrants were in the development of Silicon Valley.<\/p>\n

\u201cWe got to cherry pick the best of every single culture in the world,\u201d Biden said.<\/p>\n

\u201cRide through Silicon Valley folks \u2013 not everybody looks like me and thank god for them. It\u2019s a polygon of the best minds in the world.\u201d<\/p>\n

This is a crucial area that Australia needs to improve on through better visas and helping companies establish a presence in the US, Eckersley-Maslin says.<\/p>\n

\u201cThey have a strong culture of immigration and that\u2019s very similar to us,\u201d he says.<\/p>\n

\u201cThe best people come to America for the best opportunities, and Australia can do the same.\u201d<\/p>\n

For the BlueChilli founder, it was heartening to see a politician of Biden\u2019s stature promoting his country\u2019s startups and exploring\u00a0at a local ecosystem.<\/p>\n

\u201cThe key takeaway was that American politicians do an incredibly good job of selling opportunities,\u201d Eckersley-Maslin says.<\/p>\n

\u201cWe need to embrace how to sell ourselves \u2013 as a country, community and as individual startups.\u201d<\/p>\n

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

US vice president Joe Biden says Australia can become the innovation hub of the southern hemisphere with a \u201clittle bit<\/p>\n","protected":false},"author":2,"featured_media":61479,"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\/38943"}],"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=38943"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/38943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/61479"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=38943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=38943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=38943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}