{"id":41912,"date":"2023-10-20T15:17:22","date_gmt":"2023-10-20T15:17:22","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/australian-entrepreneurs-to-get-access-to-a-startups-paradise-that-once-housed-uber-and-spotify-startupsmart\/"},"modified":"2023-10-20T15:17:22","modified_gmt":"2023-10-20T15:17:22","slug":"australian-entrepreneurs-to-get-access-to-a-startups-paradise-that-once-housed-uber-and-spotify-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/australian-entrepreneurs-to-get-access-to-a-startups-paradise-that-once-housed-uber-and-spotify-startupsmart\/","title":{"rendered":"Australian entrepreneurs to get access to a \u201cstartup\u2019s paradise\u201d that once housed Uber and Spotify – StartupSmart"},"content":{"rendered":"
Australian entrepreneurs in the US will get access to a \u201ctech startup\u2019s paradise\u201d in San Francisco as a landing pad into the market as part of an $11 million government initiative.<\/p>\n
The federal government will contribute $36 million to the Global Innovation Strategy with the aim of helping startups expand internationally, initially announced in the $1 billion innovation statement.<\/p>\n
Five \u201clanding pads\u201d will be established in startup hotspots globally to provide a physical space to help entrepreneurs with \u201cadvice, facilities and contacts\u201d and put them \u201cin the best position to succeed\u201d.<\/p>\n
The San Francisco landing pad will be at RocketSpace, a renowned co-working space that once housed the likes of Uber and Spotify, assistant minister for innovation Wyatt Roy announced on Friday.<\/p>\n
\u201cIt\u2019s a very prominent, successful space which will give Australian entrepreneurs looking to come to the US for business or funding a serious leg-up,\u201d Roy told The Australian<\/em>.<\/em><\/p>\n \u201cThis will allow us to better use what they call \u2018the Australian mafia\u2019 in Silicon Valley and drive more connections between them and Australian startups.\u201d<\/p>\n The four-storey co-working space has over 175 startups on site and its alumni have raised over $US5 billion.<\/p>\n \u201cWe\u2019ve designed the perfect ecosystem that fosters networking, community and innovation specifically designed to help tech startups to thrive,\u201d the RocketSpace website says.<\/p>\n The space could help develop the next Australian startup success story, minister for trade and investment Steven Ciobo says.<\/p>\n “It will provide Australian tech startups with a collaborative workspace, allowing them to pursue international opportunities,” Ciobo says in a statement.<\/p>\n “The next Atlassian, 99Designs or Hydrus could be launched from here.”<\/p>\n Roy says one the most important aspects of the launchpad will be the presence of a ‘landing pad coordinator’.<\/p>\n “The locally engaged coordinator will be a significant resource and will bring unique knowledge and experience to help Australian startups achieve their internationalisation efforts,” Roy says in a statement.<\/p>\n