21 November 2018
South Australia has been selected as the pilot state for the three-year Supporting Innovation in South Australia (SISA) visa which will encourage budding foreign entrepreneurs, with business ideas centred around emerging industries – such as space, cyber security, big data, defence, agribusiness, medical technology and robotics.
The new visa is seeking to attract promising overseas seed-stage entrepreneurs to develop their concepts in South Australia, which in turn will add value to the local innovation eco-system, create jobs, and increase its number of business start-ups.
To be considered, applicants will need endorsement from the South Australian Government through Immigration SA based on sign off from the innovation ecosystem providers or the Office of the Chief Entrepreneur. Successful applicants will be nurtured in South Australia’s local innovation ecosystem to help build a successful new business under the 408 visa category.