Singapore-Aust festival: Good Science = Great Business

SINGAPORE and Australia are collaborating on the first ‘Good Science = Great Business’ festival in Singapore in September.

The festival, delivered by the Australian High Commission, in collaboration with Austrade, CSIRO and Australia’s leading universities, will promote collaboration between Australian scientists and businesses and their counterparts in Singapore and ASEAN countries.

The festival will stage a series of high-profile events in Singapore highlighting the contribution science makes to creating future industries and growing economies in the Indo-Pacific region. 

Events will include commercialisation workshops and ‘pitch’ events for research institutions, Australian industry delegation visits to Singapore medtech and biotech facilities, a lecture series and a gala dinner featuring the Australian National University vice chancellor Brian Schmidt – the astrophysicist and Nobel Prize winner.

Minister for Jobs and Innovation, Michaelia Cash has encouraged business leaders and scientists in Singapore and Australia to join forces to secure future prosperity for both countries.

“Singapore is a key partner for Australia, being our largest trading partner in ASEAN (the Association of South East Asian Nations), eighth-largest trading partner overall and sixth-largest foreign investor,” Ms Cash said.

“Under the Comprehensive Strategic Partnership, Australia and Singapore are deepening cooperation across all sectors and advancing shared interests, including in the innovation and science space.”

Minister Cash said the festival would demonstrate the Australian Government’s commitment to fostering international collaborations that would help Australian businesses grow and reach into global markets.

“Singapore is a natural partner for Australia in entrepreneurship, science and technology activities thanks to its openness to exchanging ideas and talent,” she said.

“The Good Science = Great Business festival will show collaboration between business, industry, universities and researchers in Australia and Singapore remains central to fostering vibrant innovation systems in both our nations.”

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