South Australian Liberals commit to startups

South Australian Liberals commit to startups

Summary: Half a million dollars has been promised by the opposition party in South Australia for startups, should it win government.

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A South Australian Liberal government would spend AU$500,000 to help alleviate what Opposition Leader Steven Marshall has said is the state's devastating brain drain crisis.

Marshall on Friday said that if the party wins the March election, it will establish an Adelaide StartUp Week to foster and support startups and small entrepreneurial businesses.

The event would include high-level international speakers, and would aim at providing greater support for young entrepreneurs to turn their ideas into viable SA businesses.

Marshall said that people are leaving SA because it is too expensive and difficult to build startup businesses.

"I want to see people, especially young people, stay here in South Australia, contributing to and participating in our economy," he said.

Topics: Government AU, Start-Ups

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