A world-leading Hub based at the former Royal Adelaide Hospital site will give South Australians with imagination and initiative the opportunity to bring their ideas to market. They will be able to build businesses that can go global without the need to leave the state.
Within a decade, we want South Australia to have a higher rate of business start-ups than anywhere else in Australia. We can do this by giving entrepreneurs the opportunity to step-up, to turn ideas into businesses.
There are three ingredients to creating a thriving, vibrant innovation community:
- Government as an effective catalyst and coordinator
- Collaboration between government and the innovation community to scale-up the capacity of our entrepreneurs
- Ensuring new entrepreneurs have access to mentors, financial advice and the other support needed to advance their ideas and plans into attractive investments.
A new Chief Entrepreneur will lead the establishment and oversee the Hub’s operations.