Pictured (L to R): Domenic Saporito (Outcome.Life), Manon Beauchamp-Tardieu (Little Green Panda), Usman Iftikhar (Catalysr), Natanael Yan Setiawan (Pencil Rocket) and Benjemen Elengovan (MySafetyBot).
In November, Outcome.Life collaborated with Spark Deakin, a young entrepreneur support and mentoring service by Deakin University, to host a very insightful panel discussion with several young international entrepreneurs.
These former international students were courageous enough to follow their own dreams rather than someone else’s, by starting their businesses to solve some of our world’s biggest problems.
Interestingly, two of the four founders have chosen to take advantage of a new initiative by the South Australian Government. The program provides a fast-tracked pathway to permanent residency via entrepreneurship.
Supporting Innovation in South Australia (SISA) is a 3-year pilot looking to drive entrepreneurship and innovation in South Australia with accelerated migration as an incentive.
The program encourages internationals with a new business concept to start in South Australia with support from the State Government. The benefits include networking opportunities with other local and international business people, mentoring programs and a business support network in South Australia. In return, a healthy start-up ecosystem is being built in South Australia, as well as the potential for employment growth.
Daniel Tan and Natanael Yan Setiawan, founders of video production & social media startup Pencil Rocket explained, “The application process was fairly straightforward once we received support from NVI”. NVI, or New Venture Institute, is an award-winning accelerator program and one of four accredited accelerators working with South Australia’s universities.
Daniel picked up his life and moved to Adelaide to satisfy the requirements of the program. When asked how was the change from living in Melbourne to Adelaide, Daniel responded, “It’s certainly a little quieter. But the fewer people means I have been able to develop deeper relationships with other businesses founders.”
He added, “I am also leading a healthier lifestyle as there is not the pressure to work late and skip healthy meals”. When asked if moving to Adelaide has adversely affected his business, Daniel replied “Not really, there is still plenty of work out there for us”.
Usman Iftikhar of Catalysr, a pre-accelerator run for migrants & refugees, spoke of the growing awareness of the SISA initiative amongst international students, migrants & refugees, “More and more Australian migrant entrepreneurs are contemplating a move to Adelaide. I hope the other states get on board soon.”
The founder of MySafetyBot, Benjemen Elengovan, also recently applied for the SISA program after completing his education in Melbourne as an international student. Benji’s startup assists businesses to record and prevent workplace injuries. Benji will be relocating himself and his business to Adelaide within weeks.
In contrast, Manon Beauchamp-Tardieu of Little Green Panda isn’t going anywhere. Her 15-month-old business, supplying eco-friendly drinking straws to retail and large hotel chains, is flying! The New Zealand resident also spoke about more traditional startup issues she faces: lack of time, resources and access to the funds necessary to fill her mounting orders.
Not everyone is suited for a corporate job in Australia. Just like locals, many international students and migrants would prefer to be self-employed. History shows that Australia’s economy and has been built on migrants arriving in Australia and starting businesses. But rarely has entrepreneurship been a basis for immigration into Australia.
So well done to South Australia! SISA is an exceptional initiative taken up by South Australia recognising the contribution international entrepreneurs can make to this country. If Victoria wants to continue to be seen as the most progressive entrepreneurial state, it is time for the Victorian government to follow in the footsteps of our footy-loving neighbour!
Outcome.Life is all set to run its own pre-accelerator program over summer in conjunction with La Trobe Accelerator Program (LAP). Last year, we had the pleasure of assisting 28 entrepreneurs, including 3 locals, to realise their business ideas. Many went on to commercialise their businesses and several joined conventional accelerator programs, including LAP.
If you have a business idea or early-stage business and are looking to validate and/or commercialise it, what are you waiting for? Find out more about our free pre-accelerator program here, or you can fill out an expression of interest form here!
You can also get in touch with us at Outcome.Life to learn more about our internship programs.