The ACT has the highest rate of startups in Australia. With an economy grounded heavily in high-value, highly-scalable knowledge work, Canberra has a unique opportunity to become a model city of the future. We are home to some of the world’s best universities and research institutions whose work is regularly spun off into impressive new companies capable of solving large-scale emerging problems including in the areas of innovative recycling, high-tech manufacturing and precision fermentation. With the simplicity of a combined local and territorial government, a smaller population size and incomparable potential for public-private collaboration, Canberra is also a prime location for piloting innovative new programs.
We can take advantage of these opportunities by cooperating to establish a fully integrated innovation ecosystem capable of supporting and commercialising local research and keeping high-paid jobs in R&D and advanced manufacturing here in the Canberra Region.