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Adelaide Startup and Innovation Festival _Southstart Signs 3-Year Financing Agreement

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The future of Australia’s leading festival for impact and innovation, _Southstart is secured until 2025, with the South Australian government pledging a three-year funding deal.

SA skills and innovation minister David Pisoni announced the government’s commitment during his address to the festival this morning.

“The Marshall government has transformed the innovation, startup and entrepreneurship ecosystem over the past four years, with SA now on the map and arousing interest from national and international companies,” he said.

South Australians will go to the polls on March 19, with the first term of Liberal Prime Minister Steven Marshall’s government looking for another four-year term.

The annual three-day event attracts hundreds of leading investors, founders and others from across Australia.

_Southstart co-director Craig Swann said the three-year funding commitment reinforces the festival’s importance in helping to nurture innovative ideas and investment connections.

“_Southstart is a gathering of curious, creative chaotic individuals stumbling through the world trying to change the future. The cohort of attendees we engaged this week are proof of this. Together we can make a difference,” he says.

“Despite the challenges in the unfolding national climate, we decided to continue the event, to do what we could to create human connections with new skills, networks and knowledge needed to embrace our collective future.”

_Southstart started in 2013. Co-director Danielle Seymour said it was not a traditional conference, but a conversation with a series of networking forums, curated over three days and a key link in the Australian startup ecosystem.

“Yesterday’s all-day Founders & Funders Summit in the Barossa is just one example of the level of programming we can deliver when we have foundation support that is a long-term commitment. Three-year funding from the state government will allow us to continue to evolve,” she said.

“Connecting the right people is at the heart of what _SOUTHSTART does, it is the essence of our success and the soul that creates DNA.”

Joel Connolly, creative director of Blackbird, said _Southstart has played an important role in the evolution of community creation in the tech landscape.

“_Southstart is a magnet for brilliant ideas and the ambitious people who pursue them. It has put South Australia on the innovation map and everyone at Blackbird gets super excited about our working holiday in Adelaide every year,” he said.

“Our community is strong because of the work _Southstart is doing and we can’t wait to see what you build in the coming years.”

The 2023 _Southstart festival will take place at the beginning of March.

  • Startup Daily is a supporter of _Southstart and editor Simon Thomsen acts as MC at the festival.

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