The Sydney Landing Pad programme aims to attract startups from around the world to explore Australia as a potential market for expansion

The Sydney Landing Pad, an initiative by the City of Sydney in partnership with Asia-focussed Australian startup hub Haymarket HQ, has announced the eight Asia Pacific startups that are set to participate in the first cohort of their programme.

The Sydney Landing Pad is a 90-day programme that aims to attract companies from around the world to explore Australia as a potential market for expansion, with the goal to draw “millions of dollars” in business investment to the city.

The programme is not limited to tech companies and does not take any equity from the participating companies.

“We’re proud to support Haymarket HQ in developing their international landing pad programme, which will provide support for entrepreneurs from Asia to understand and grow in Sydney,” Lord Mayor Clover Moore said in a press statement.

“This is a great opportunity for Sydney to welcome more entrepreneurs, introduce investors to our thriving local economy and promote international collaboration,” she added.

Also Read: This is how Australia is changing to become startup friendly

Haymarket HQ will provide the companies with support services, office space, and networking opportunities.

The companies have a combined value north of AU$130 million (US$92 million).

Of all the eight companies, three of them are coming from Southeast Asia:

Omnylitics (Malaysia)
A fashion and beauty data analytics company that helps retailers make informed business decisions, such as pricing and trend forecasting.

Clean Mobility (Singapore)
A developer of urban mobility solutions such as on-demand car-sharing services.

Cloth (Indonesia)
An ethical fashion brand with a focus on minimal and effortless aesthetics.

Other Asia Pacific companies in the list are:

Fox-Tech (Taiwan)
An IoT solution maker for agriculture, farming, cold chain, and manufacturing that allows business owners to monitor humidity and temperature wirelessly.

Ambit-Ai (New Zealand)
A conversation platform enabling enterprises to communicate with customers and staff en masse.

Eazitrip (Australia/China)
A travel app helping tourists to discover and explore local authentic experiences through the power of Augmented Reality.

Also Read: Australia-grown micro investment app Raiz Invest enters Indonesia

Insto (Taiwan)
The world’s first person-to-person payment platform that allows buyers and sellers to schedule payments over time.

AiSensum (India)
An artificial intelligence and big data analytics company that generates insights and solutions for enterprises and startups.

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Image Credit: Holger Link on Unsplash

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Source: E27