The Government will establish a landing pad for Australian startups in Berlin, a leading source of global innovation and disruptive technology.
It is the fourth landing pad to be announced as part of the Coalition's National Science and Innovation Agenda (NISA), joining San Francisco, Tel Aviv and Shanghai.
Minister for Trade and Investment, Steven Ciobo, made the announcement in Berlin overnight. He said the landing pads were designed to provide market-ready startups with a short-term operational base in innovation hotspots, helping them develop new markets and sustainable growth on a world scale.
"Berlin is a low-cost business centre and the startup hub of Germany. With its vibrant, creative culture and extensive ecosystem of incubators and accelerators, the city is ideally positioned as a landing pad site for emerging Australian companies," said Mr Ciobo.
Media release: Innovators to land in Berlin