- Two landmark Memorandum
of Understanding (MOUs) with Indian innovation ecosystems
- Government supported Spacecubed's Perth Landing
Pad program secures the deals
- The Landing Pad program attracts high-growth
startups from around the world to Perth
The Cook Government has
welcomed two landmark MOUs between Spacecubed and Indian MedTech start-up
incubators to support further investment and growth in the Western Australian market.
Innovation and the
Digital Economy Minister Stephen Dawson said the MOUs were signed between Spacecubed's
Perth Landing Pad initiative and the World Trade Centre AMTZ in Andhra Pradesh
and T-Hub in Telangana.
The State Government
supported program enables technology companies to experience 90 days in WA
through a guided package to support industry connections and guidance on
long-term residency in the State.
AMTZ is one of the
world's largest medical device manufacturing incubators, supporting the growth
of the medical technology industry in India.
T-Hub is the world's
largest start-up incubator with 3,000 startups, two centres of excellence, a
floor of venture capitalist companies, and its own prototype centre.
The signing of the MOUs follows
the historical super mission to India led by the Premier Roger Cook, the
Innovation Mission led by Minister Stephen Dawson, as well as visits by senior
representatives from these ecosystems into Western Australia through West Tech
Fest and Science on the Swan.
Perth Landing Pad is
co-funded by the State Government through the Department of Jobs, Tourism,
Science and Innovation's $25.8 million New Industries Fund (NIF), and the City
of Perth.
The program builds on Perth's profile as a destination of choice for
innovation and investment, while simultaneously providing WA businesses with a
pathway into global markets.
For more information, visit: https://hello.spacecubed.com/perth-landing-pad
Comments attributed to Innovation and the Digital Economy Minister
Stephen Dawson:
"The Cook Government is
committed to supporting collaboration and creating a pipeline of high growth
businesses and sustainable high-value jobs here in WA.
"This is another step in
showcasing our State's capabilities to a global audience. Our burgeoning
MedTech industry in WA will now has a massive opportunity to connect with
international partners through these landmark MOUs.
"The Perth Landing Pad is
a great way to support international scaleups to consider Western Australia as
their next investment destination.
"Attracting two of the
world's biggest MedTech start-up incubators to our State could play a key role
in enabling our local innovation sector to succeed and enable the continued
growth through DiversifyWA."
