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Australian start-ups launched in Singapore to widen Southeast Asian reach

The Australian Trade and Investment Commission (Austrade) had launched its latest batch of promising start-ups in its Landing Pad in Singapore.

This is part of the Commission’s initiative to help the start-ups anchor in Singapore in order to drive their expansion plans in the region.

These eight start-ups, which come from fields such as cybersecurity, FinTech, and HR-tech, among others, will be based in Singapore while undergoing a 90-day tailor-made residency program.

At the kick-off, the start-ups had the opportunity to pitch to a room of over 80 people made up of investors, the start-up community, thought leaders, and corporates who could be seeking investment and business development leads.

For this cohort, Austrade has also partnered with the Australian Cyber Security Growth Network (AustCyber), which is supported by the Australian government.

Together both bodies look to mitigate and eliminate cybercrime across the Asia-Pacific region.

Helping start-ups connect in Southeast Asia

Through the Landing Pad, the start-ups will be able to experience what Singapore has to offer.

They will be able to experience the diverse culture and exposure to global business practices, especially from Southeast Asia.

Moreover, the start-ups will be exposed to a more advanced investment and venture capital space, and have access to new clients and sources of revenue.

The latest batch of start-ups builds on the success of earlier cohorts as 42% of the start-ups already have local offices and hires in Singapore.

Through the efforts of the Landing Pad and Austrade, recent graduates have expanded to markets such as India, Indonesia, Nepal, the Philippines and Vietnam.

The Landing Pad program

The Landing Pad program is part of Australia’s National Innovation and Science Agenda. Other than Singapore, the Landing Pads operate in four key locations: San Francisco, Tel Aviv, Shanghai and Berlin.

Each Landing Pad assists market-ready Australian start-ups and scale-ups in accessing some of the world’s most renowned innovation ecosystems.

It provides market-ready start-ups and scale-ups, with potential for rapid growth, a cost effective option to land and expand into major global innovations hubs around the world.

This immersive environment provides comprehensive resources, workshops and support to position start-ups for rapid growth.

The start-ups will also be able to tap on the strength of all of 81 Austrade offices in 48 markets, its business and investor networks and strategic partners.

New batch of start-ups launched

The eight start-ups specialise in different fields. These are:

  1. A technology provider that uses Artificial Intelligence to secure APIs against abuse and fraud
  2. A healthtech start-up that helps to promote mental health within organisations
  3. An application security provider that helps businesses across fintech and blockchain technology
  4. A cybersecurity training platform and service provider for government, enterprise and defence
  5. A First Australian Markets Licensed fintech provider that allows users to transact electronically
  6. A global CRE lending marketplace that massively speeds up the financing process from loan bid to loan settlement
  7. An independent security, governance, risk, and compliance consulting firm
  8. A Cloud-based recruitment management software that connects employers with top recruitment agencies

The Austrade

The Australian Trade and Investment Commission (Austrade) is the Australian Government’s international trade promotion and investment attraction agency.

It delivers quality trade and investment services to businesses to grow Australia’s prosperity by generating and providing market information and insights, promoting Australian capability and facilitating connections through its extensive global network.

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