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What is a landing pad?
The Government’s new Landing Pads will be a physical space for Australians looking to undertake entrepreneurial activity in that location with advice, facilities and contacts, putting them in the best position to succeed. Australia is one of the only leading innovation countries without established Landing Pads in key economies around the world.
The Landing Pads will be supported by an Austrade coordinator and will be provided in conjunction with existing non-government programmes in that location.
Existing international collaboration
Australia has a successful record of partnering with overseas researchers and research clusters. The pilot project Connecting Australian-European Science and Innovation Excellence (CAESIE) awarded priming grants of up to AUD$7,000 to support contact between businesses and researchers that had identified a collaborative partnership. This delivered 58 new small-medium enterprise and researcher partnerships which have already yielded four patents and sought over $16 million in funding from $1.9 million European and Australian Government funding.
The National Innovation and Science Agenda builds on this collaboration model by expanding business and research cluster opportunities with priority economies.