Business

A start-ups’ guide to expansion into Australia

By April 26, 2021 No Comments

Sri Lanka and Australia Chamber of Commerce proudly presented the third digital seminar of the series – Sri Lanka and Australia bilateral trade opportunities on the 25th March 2021. This time the topic of discussion was focused on Sri Lankan tech and non-tech start-ups’. The digital seminar spoke of the factors start-ups’ should consider when expanding into Australia. The panel consisted of professionals and industry experts who shared their personal experiences and do’s and dont’s which were very valuable information.

Jeevan Gnanam: CEO | Veracity AI and Co-Founder of Hatch Works spoke on how to enable Sri Lankan tech companies to partner with Australian companies, and his personal experience of expanding a Sri Lankan company into Australia.

David Williams: Partner | Mullins Lawyers shared some very valid information about the Australian legal structure. He spoke in detail about the ways of establishing partnerships. Some factors that should be given thought to when choosing a partner were also discussed.

Randhula De Silva: CEO & Founder |Good Life X  & Director Hatch works is very passionate about the startups and SMEs in the sustainable sectors. She shared her insights on how sustainable food companies navigated the pandemic, what they face as challenges when expanding internationally, and what can help resolve some of these issues.

Peter and Suzy George Co-Founders |Sportech Industries is a start-up in Australia. They spoke of their journey and what they have learned along the way. One of the very important questions they had to face was about capital and how to find it. They spoke of the nature of investors, what they look for, and the ways they have received support from government and non-government institutions.

If you missed our webinar or you wish to watch it again you can view the slides and recording here https://fb.watch/4GmoY2LE7u/. Please feel free to share these with others who may be interested.

We will keep you posted on our next topic under this series of Sri Lanka and Australia bilateral trade opportunities.