Completed study with recommendations
Summary
Diversity is critical to the health and growth of the Territory innovation ecosystem and attracting new innovators and entrepreneurs to base their start-ups in the Territory is crucial to drive growth and increase the visibility of the Northern Territory (NT) as a national and international innovation destination of choice.
Migration Innovation Northern Territory
The Migration Innovation NT (MINT) program is an initiative owned by Paspalis and supported by the Territory Government. The MINT program assists overseas nationals who have demonstrated their commitment to supporting the Territory’s innovation ecosystem by investing in the Paspalis Innovation Investment Fund. This fund invests in venture capital projects that provide an economic benefit to the Territory innovation ecosystem. Learn more on the Paspalis website.
For further details on MINT and PIIF refer to action funding and investment options for start-ups and businesses.
The Department of Industry, Tourism and Trade regularly undertakes business attraction activities and for example, the Business Innovation unit participated in briefing Hong Kong based entrepreneurs as a part of the AusTrade innovation attraction campaign to entice them to the Territory, and the European Union Trade Commissioners, in addition to regular briefings of international trade delegation visits to the Territory, and one off special events such as addressing audiences attending the Arafura Games International Business Engagement Program.