Brisbane Chief Digital Officer Cat Matson has welcomed an announcement by the Queensland Government that will see 24 local entrepreneurs and researchers take up placements in China over the next three years.
The exclusive placements will be within China’s dynamic science and technology incubators after agreement was reached between the Queensland Premier and the Chinese Ministry of Science and Technology (MOST).
“It’s a fabulous opportunity to build entrepreneurial relationships between Australia and Southeast Asia,” Ms Matson said.
“We often focus on building similar relationships with the United States, but really so much innovation and entrepreneurial activity is coming out of the Southeast Asian region, not to mention the easy access to their markets and supply chains.
“We really do need to focus as well on relationships with our closest neighbours so I would encourage Brisbane-based entrepreneurs to consider the opportunities this might present their startup.”
Under the program, successful applicants will receive up to $20,000 to support three-month placements in one of MOST’s six major incubators, including the Zhangjiang National Innovation Demonstration Zone in Shanghai and Zhongguancun Technology Science Park in Beijing.
“We know innovation can lead to big economic growth,” Queensland Premier Annastacia Palaszczuk said.
“Through mentoring, local business links, access to world-class facilities and some of China’s leading business and science experts, incubators are the perfect environment to prototype, test, attract investment, and commercialise innovative ideas.”