ATC TECHINNOVATION_JUN16_web

AUSTRALIAN TECHNOLOGY AND INNOVATION FORUM20 June 2016#AusTech@AustradeUK@AusHouseLondon

TECH AUSTRALIA

Australian Technology and Innovation Forum > 3


WHY AUSTRALIA

Global demand for high-value, highly skilled and customised services and new technology is accelerating. Advances in technology – including the way we generate, process and use data – are creating new avenues for optimising productivity and understanding consumer demand and preferences.

As this demand accelerates, Australia offers investment opportunities across growth sectors such as intelligent transport systems, financial technology, cyber security and digital health.

A track record of successAustralia has particular success in five significant and diverse sectors: wealth management, tourism, education agribusiness, and mining. Ongoing demand in these sectors is expected to drive investment in Australia and internationally.

A diversified, services-based economyAustralia’s services sector is growing faster than any other industry, with the sector (excluding construction) accounting for more than 70 per cent of real gross value added (GVA). Financial services are the largest contributor to Australia’s services sector, generating 9 per cent of the country’s total GVA.

A partner for growth in AsiaAustralia has strong business and cultural ties with Asia and longstanding trade, investment and research links in Europe and North America. The country’s medium and long-term growth outlook is supported by increasingly strong ties to the rapidly growing Asian region. Recently completed free trade agreements make Australia even more competitive and increase prospects for greater two-way investment.

A large and expanding digital economyDigital technologies are forecast to contribute A$139 billion to the Australian economy in 2020, up from A$79 billion in 2014. This represents growth of over 75 per cent.

A highly educated and productive workforceProfessional, scientific and technical services, education and training, and information media and telecommunications together, make up almost 15 per cent of total economic output, reflecting Australia’s highly skilled, well-educated and innovative workforce.

A culture of early adoptionAustralians are keen adopters of new technologies. Over two-thirds of Australians own a contactless payment card, 69 per cent of Australians are active daily on social media sites and Australian e-commerce sales surpassed A$10billion in 2015.

› An economy of scale

› 25 years of consecutive annual economic growth

› The 12th largest economy in the world with a GDP of US$1.3 trillion

› The leading digital economy in the Asia-Pacific

› Market access

› World-class technology R&D

› Educated labour force

Australia offers:

The future prosperity, health and sustainability of the world is closely bound to the human capacity for innovation. High cost is driving governments and companies to optimise their operations, use resources more efficiently, and find smarter ways to engage with customers.

4 > Australian Trade and Investment Commission Australian Technology and Innovation Forum > 5

The Australian Government makes a significant annual investment in science, research and innovation, and last year A$9.7 billion was allocated. Recent government initiatives have aligned Australia’s tax system, business laws and support for firms, to enhance Australia’s culture of entrepreneurship and innovation.

Investment in Cyber SecurityThe Australian Government recently announced a A$230 million Cyber Security Strategy that contains 33 new initiatives to boost the Government’s cyber security capacity and capabilities. These initiatives include a national cyber partnership between government, researchers and business. This will include funding of A$38.8 million over four years for the Australian Cyber Security Centre and for partnerships with the private sector.

Tax system alignmentAustralia’s alignment of the tax system and business laws with a culture of entrepreneurship and innovation may provide new tax breaks for early stage investors in innovative startups. Investors may be eligible to receive a 20% non-refundable tax offset as well as capital gains tax exemptions.

A range of visa options Australia has a range of visa options to bring entrepreneurs, businesses and other innovative people to Australia. This includes Business, Innovation, Talent and Investment visas.

Greater research collaboration with universities and businessesThere is an enhanced focus on greater collaboration between universities and businesses. This includes streamlining and refocussing a greater proportion of research block grant funding toward collaboration, opening up Australian Research Council Linkage Projects to continuous applications to fast track decisions on collaborative research grants, and opening a new application round for the Cooperative Research Centre programme.

INNOVATION BACKED BY GOVERNMENT

INVEST IN AUSTRALIAThe UK is Australia’s second-largest source and destination of foreign investment, our second-largest two-way services trading partner and our seventh-largest two-way overall trading partner. For UK companies providing ICT services and solutions, Australia’s commercial focus and collaborative approach make it an ideal business partner and attractive destination for investment.


4.30pm Arrival and registration of guests for panel session

4.45pm Welcome by David Crook – Senior Trade and Investment Commissioner UK & Israel, Australian Trade and Investment Commission

4:50pm Panel discussion: The Australian start-up ecosystem – how it enables companies to succeed globally.

Moderator: Bryce Keane – Founder and Managing Partner, Albion Drive

Panellists: Didier Elzinga – CEO, Culture Amp Supun King – Jayawardana – Head of Commonwealth Bank of Australia’s London Innovation Lab Gavin Rezos – Principal of Viaticus Capital

5:25pm Panel discussion: The journey of international companies to Australia – commonalities, differences and lessons learnt.

Moderator: Nic Fildes – Technology and Communications Editor of The Times

Panellists: Jonathan Jeffries – Co-Founder One Stack Alan Kenny – General Manager EMEA & APAC, Mimecast Barry Whyte – Chief Operating Officer, Decoded

6.00pm Networking and drink break

6:15pm Arrival and registration of guests for reception

6:30pm Welcome by Andrew Todd – The Australian Deputy High Commissioner to the United Kingdom

6:35pm Keynote Address: Nilan Peiris – VP Growth at TransferWise

6:55pm Wrap-up

7.00pm Networking drinks

8.30pm Event Close

AGENDA


Didier Elizinga, CEO, Culture Amp

Didier Elzinga is the CEO and Founder of Culture Amp – the world’s leading all-in-one employee feedback and analytics platform and one of Australia’s fastest growing technology startups with offices in Melbourne, San Francisco, New York &

London. He is passionate about making the world a better place to work, and is committed to keeping Culture Amp a culture-first company. He presents widely on culture and creativity, speaking at a number of high-profile conferences. He was previously the CEO of Rising Sun Pictures (a prominent Hollywood visual effects company), founder of Rising Sun Research (winner of a Technical Academy Award) and Non-Executive Director at Tourism Australia. He is currently a non-executive director at The Atlassian Foundation and The Alfred Research Foundation.

Supun King – Jayawardana, Head of Commonwealth Bank of Australia’s London Innovation Lab

Supun King-Jayawardana is the Head of Commonwealth Bank of Australia’s London Innovation Lab. Before moving to London, Supun was part of the team

that founded CommBank’s first Innovation Lab in Sydney in 2014. He is experienced in embedding design and innovation culture in large organisations, and driving experiments in emerging technologies and new business models. Prior to moving into innovation, Supun was a management consultant in financial services strategy for CommBank’s institutional business, and Oliver Wyman Financial Services.

Gavin Rezos, Principal of Viaticus Capital

Gavin Rezos is the Principal of Viaticus Capital; LLC, a corporate advisory company specializing in advisory, debt and equity finance, investor relations, IPOs, dual stock exchange listings,

reverse mergers, cross-border acquisitions and transaction management work—mainly for micro to small cap companies in the technology, resources and energy sectors.

Gavin Rezos has held chief executive positions and executive directorships of companies in the technology and resources areas in the UK, US and Singapore.

MODERATOR: Bryce Keane, Founder and Managing Partner, Albion Drive

Bryce Keane is the Founder and Managing Partner of Albion Drive, a data-driven communications agency underpinned by creative, that helps remarkable businesses through the challenges of growth. Bryce is an international communications professional with experience managing a wide variety of global campaigns throughout the EMEA and Asia-Pacific regions. Esquire Magazine has called him “winningly conscientious” and in 2013 Bryce was listed as the 30 under 30 to watch by PR Week. In 2014, Bryce received the Connector Award at the Tech City News International Hall of Fame Awards.

Bryce works with a range of fast growth technology companies and their investors including unicorns like Klarna and Twilio, rising stars like Improbable and HiBob, and VCs including Lakestar, Draper Esprit, Karma Ventures, Mosaic Ventures and Atomico. Prior to joining Albion he worked for international WPP flagship agency Cohn & Wolfe. Bryce has a deep fascination with London’s booming start-up culture and is known within the scene as one of the of 3beards, a start-up events company that runs a number of regular and iconic start-up events including the weekly Silicon Drinkabout in 20 cities around the world.

Participant biographies

PANEL ONE: THE AUSTRALIAN START-UP ECOSYSTEM – HOW IT ENABLES COMPANIES TO SUCCEED GLOBALLY


Jonathan Jeffries, Co-Founder of One Stack

Jonathan (JJ) co-founded Onestack as he thrives on working closely with founders, business leaders and ecosystems across the globe to help solve problems through connectivity,

content and partnerships.

JJ has over 15 years experience creating high performing teams including talent and people strategies for some of the most well recognised startups in the world including Envato, Red Bubble, Tiger Pistol, Stripe, Dropbox, Etsy and many others.

Alan Kenny, General Manager EMEA & APAC, Mimecast

Alan joined Mimecast in 2008 as Sales Director, before taking on the role of General Manager for the UK, Europe and Middle East. He has played a vital role in shaping and overseeing the

go-to-market and customer experience strategies that have underpinned Mimecast’s rapid growth. Alan is responsible for driving business and revenue performance across the rapidly expanding global organization. In particular, his focus is on enabling greater cohesion between regional teams and more effective global execution of go-to-market and customer experience strategies.

Barry Whyte, Chief Operating Officer, Decoded

Barry Whyte is the Chief Operating Officer at Decoded; a London-based tech startup driven by a mission to transform businesses from all industries into technology companies through

accelerated learning programmes in code, cybersecurity and innovation. Having spearheaded expansion to New York and Sydney, Barry is leading further growth into new geographies as part of his strategic role. He also leads a number of client relationships, the business planning process and is continually developing the scalability of Decoded’s delivery model.

RECEPTION KEYNOTE: TRANSFERWISE Nilan Peiris, VP Growth at TransferWise, the international money transfer platform

TransferWise is the low cost and fair way of transferring money internationally. Using peer-to-peer technology and without any hidden fees, it makes sending money

abroad up to ten times cheaper compared to using a bank. TransferWise customers send £500m every month using the platform, and it’s attracted $117m from investors such as world’s largest VC firm Andreessen Horowitz, Sir Richard Branson, Peter Thiel and Max Levchin, the co-founders of PayPal.

Prior to TransferWise Nilan was VP Growth at HouseTrip, in charge of scaling the company’s growth in the European market. He’s also worked as Chief Marketing Technology Officer at Holiday Extras, where he was responsible for all areas of technology, marketing and customer acquisition. Nilan also advises a number of early stage startups on growth and getting to traction.

Social: Linkedin: https://www.linkedin.com/in/nilanpeiris Twitter: https://twitter.com/nilanp

PANEL TWO: THE JOURNEY OF INTERNATIONAL COMPANIES TO AUSTRALIA – COMMONALITIES, DIFFERENCES AND LESSONS LEARNT

MODERATOR: Nic Fildes, Technology and Communications Editor, The Times

Nic Fildes is Technology & Communications Editor of The Times. He has previously worked at The Independent and Dow Jones Newswires, as well as other publications, and has covered the Technology, Media and Telecommunications sector for a decade. In 2010 he was awarded a techMARK Awards, Technology Journalist of the Year Award. He is originally from Australia and attended the University of Melbourne.


PARTNERS

NEW SOUTH WALES GOVERNMENT

International Trade and Investment (ITI) is a branch within the Department of Premier and Cabinet. Its purpose is to promote export trade and to attract Foreign Direct Investment (FDI) into New South Wales (NSW).

ITI’s Trade and Export Development Services team works with NSW businesses to develop their export capabilities and ITI’s Foreign Direct Investment (FDI) team work with international businesses to promote and attract investment into NSW. In pursuit of this work the NSW Government have 11 Trade Commissioners and Directors based in NSW’s 10 priority markets.

Local Contact: Keirra Smith, Director NSW International Trade & Investment E: [email protected] T: +44 (0) 20 7632 0005

TRADE AND INVESTMENT QUEENSLAND

As the Government’s global business agency, Trade and Investment Queensland (TIQ) promotes Queensland as an international supplier of choice and a preferred investment destination.

TIQ assists exporters to break into emerging and established markets, and promoting Queensland as the preferred place for an Asia-Pacific headquarters or to partner with existing businesses.

TIQ works with partner agencies, industry organisations and international allies to promote better access to overseas markets, to identify investment opportunities and to encourage decision makers to pursue a relationship with Queensland companies.

TIQ supports Queensland innovation, working with Universities to promote collaborative R&D opportunities through initiatives such as the Advance Queensland suite of programmes.

Across the globe, you’ll find Trade and Investment Queensland’s representatives in 13 locations, and across the state, you’ll find our Trade and Investment Advisers in major regional centres.

Local Contact: Warren Bartlett, Deputy Trade and Investment Commissioner E: [email protected] T: +44 (0) 20 7420 8776

SOUTH AUSTRALIAN GOVERNMENT

The Office of the Agent General for South Australia is the London based European representative office of the South Australian Government.

The role of the office is to promote the interests of the State in Europe with the primary responsibility of working with companies which are considering setting up a subsidiary office in Australia. Full time staff are available to discuss all aspects of investment projects from legal and HR issues to finance and property availability. In addition, all kinds of partnerships are available with South Australian companies and institutions to help penetrate the Australian and Asian markets and advice is available by phone, e-mail or face to face depending on the stage of the project. The office also promotes the State’s Clean and Green Food and Wine in Europe and advises on migration and education issues as well as organising inbound and outbound export missions to and from South Australia.

Local Contact: John Rees, Trade and Investment Director, Office of the Agent General E: [email protected] T: +44 (0) 20 7520 9102

VICTORIAN GOVERNMENT

Victoria is one of Australia’s largest state economies and its capital Melbourne is Australia’s fastest growing and most liveable city. Melbourne is Australia’s technology hub and is home to more than half of Australia’s top 20 technology companies including Australia’s largest carrier Telstra. Melbourne has the country’s largest pipeline of ICT talent producing more tech graduates than any other city and our tech industry generates A$24 billion in revenue annually with annual exports of A$2.5 billion.

In the last 24 months, Melbourne’s tech ecosystem has attracted a range of leading tech companies to establish their national and regional head offices in Melbourne including Stripe, Slack, Zendesk, GoPro, Deliveroo and Eventbrite. To further support international and local companies, the Victorian State Government recently established the A$60 million Launch Vic body which will accelerate the startup and tech ecosystem in Victoria and Melbourne.

The Victorian State Government maintains an Invest Victoria office in London. Invest Victoria is a world-class investment promotion agency providing free confidential services and professional advice to international investors considering


establishing operations in Australia via a base in Melbourne. We offer companies support to build their market-entry business case and ensure a warm welcome to Australia.

If you’re considering setting up a business or HQ in the region then consider Melbourne for its leading tech scene and skills base, enviable lifestyle and government support.

Local contact: Catherine Woo, Investment Director, Invest Victoria – London E: [email protected] W: www.invest.vic.gov.au

WESTERN AUSTRALIA

The State of Western Australia is a world-leading resources, energy and agricultural economy. In the same time zone as 60% of the world’s population, it has a strategic advantage for those seeking a gateway to the high growth Asia Pacific and Indian Ocean markets.

Western Australia’s resources industries, for example are among the most efficient in the world, driven off the back of world-leading research and innovation, including the use of big data analytics to improve productivity. This has been made possible by effective relationship-building between government, industry and academia and is taking place across other industry disciplines, particularly technology-based industries.

The sheer size and scale of WA and its economic development has presented a specific set of challenges resulting in a unique set of scientific, technological and innovative solutions.

Western Australia’s European office, based in London works to:

› promote Western Australia as an attractive and dynamic destination for: inbound trade and investment; business and industry; science, research and innovative technology;

› provide assistance to Western Australian companies seeking to develop outbound business opportunities and promote trade and exports;

› promote Western Australia as a competitive business environment for investment and trade and as a base to service Asia Pacific; and

› promote the capital city Perth, a global science and innovation research and knowledge hub and a natural resources hub with a growing mining equipment and technology services industry.

Local Contact: Wendy Yorke, Trade and Investment Manager E: [email protected] T: + 44 (0) 20 7395 0566 Twitter: @wagoEU


NOTES


Australian Trade and Investment Commission

Australian High Commission, Australia House Strand, London, WC2B 4LA United Kingdom

Andy Thompson T: +44 (0) 20 7632 0002 E: [email protected]

The Australian Trade and Investment Commission – Austrade – is the Australian Government’s trade, investment and education promotion agency.

Through a network of global offices, Austrade assists Australian companies to grow their international business, attract productive foreign direct investment into Australia and promotes Australia’s education sector internationally.

Austrade helps companies around the world to identify and take up investment opportunities in Australia as well as to source Australian goods and services.

www.austrade.gov.au

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ATC TECHINNOVATION_JUN16_web