Knowledge sharing to grow Asia business connections

Image courtesy of City of Sydney

Two international business grants will help local businesses strengthen their links to Asian markets. has received a knowledge exchange grant worth $45,000 to support the 2018 China Australia Millennial Project, an online innovation program and five-day summit bringing together 100 young entrepreneurs from Australia and China.

Asialink Business will receive $26,500 worth of funding to explore business opportunities and run training courses designed to help businesses become Asia-ready.

“Building strong relationships and networks in China is important for our business, education and tourism sectors and that’s why it’s important for us,” Lord Mayor Clover Moore said.

“These grants are a practical tool to support the organisations making those connections, whether it’s building alumni networks among the leaders of tomorrow or helping small businesses punch above their weight.”

“The award-winning China Australia Millennial Project helps identify the leaders of tomorrow from Australia and China, fostering a culture of collaboration and innovation between our continents.”

In 2017, the event had more than 80 delegates from different backgrounds taking part, while successful public events such as See the future at Sydney Town Hall attracted more than 650 people.

The 2018 event will be a 100 day program beginning in Beijing and ending in Sydney. One hundred young entrepreneurs will be presented with real life problems from industry leaders including Ernst & Young, University of Technology Sydney, Ali Baba Group and Swiss Wellness.

A panel of experts will be on hand for the Asialink Insight Workshop Series, helping business owners break down the complexities of working with Asian countries.

“Big businesses find it much easier to connect with Asian markets than small and medium organisations, which is why the Asialink Insight Workshop Series is such a valuable resource. It fills that gap in the market, engaging directly with smaller businesses,” the Lord Mayor said.

“2017’s workshops will focus on liveable and sustainable cities in Asia, capturing the Asian student market, becoming Asian tourist ready and a guide on pitching to Asian investors.

“These programs are just two of dozens the City provides to support businesses of all sizes and working in different industries across our local government area.”

Free programs provided by the City for local businesses, include:

  • Business 101 seminars for small to medium businesses;
  • business support grants
  • sustainability grants and programs to help reduce a company’s environmental impact
  • presentations and workshops by experts in a variety of fields
  • supporting local businesses through award sponsorships
  • forums that help protect businesses against theft and fraud
  • podcasts and online information resources.

Source: City of Sydney

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