New visa program to attract entrepreneurs to South Australia

The world’s ‘best and brightest’ start-up entrepreneurs will be encouraged to move to South Australia to develop their business under a bold new Federal Government visa arrangement. Delivering on a key election commitment of the Marshall Liberal Government, the new visa arrangement will be piloted in South Australia, attracting some of sharpest minds in the entrepreneurial world to establish their start-up in the State.

Federal Minister for Immigration, Citizenship and Multicultural Affairs David Coleman said the new arrangements will allow the South Australian Government to partner with business incubators in attracting foreign entrepreneurs to Australia. “Start-ups generate new jobs, drive innovation and bring opportunities to diversify our economy,” Minister Coleman said. “The pilot is just one of the ways the Government is increasing job opportunities and providing incentives for growing businesses of the future.” South Australia is the pilot state for the three-year Supporting Innovation in South Australia (SISA) visa which will encourage budding foreign entrepreneurs. Premier Steven Marshall said his Government has committed $400,000 over four years to support the new visa program. “This is a refreshing, innovative and bold drive to attract the world’s best and brightest minds to South Australia to help create new business, industry and jobs,” Premier Marshall said. “The entrepreneurs can be focussed on a variety of industries, however, we’ll be looking favourably at applications that relate to the state’s emerging industries such as Defence and space; cyber security and big data; agribusiness; health and medical technology; robotics; and media and film.