BIIP 188 Entrepreneur Stream opens in South Australia
South Australia Skilled and Business Migration has announced that the Subclass 188 Entrepreneur stream opens for application from 28 September 2021.
Holders of certain visas will not be eligible for endorsement by the South Australian Government, these include student visas (including subclasses 500, 570, 571, 572, 573, 574), Subclass 403 and Subclass 771.
Subclass 485 visa holders may participate should the service provider assess they have an innovative idea and a strong business case.
This visa provides a pathway to permanent residency. After three years you may be eligible to apply for the Business Innovation and Investment (Permanent) visa ( Subclass 888).
It is important to note:
Applicants must obtain a letter from one of the approved service providers before lodging an application.
Must have at least Competent English in each component (IELTS equivalent 6.0)
For the information of approved service providers:
Stone & Chalk - Is is the largest dedicated start up and scaleup innovation community in Australia with hubs in Sydney, Melbourne and Adelaide. In South Australia, Stone & Chalk is based at Lot Fourteen, the innovation precinct that is making global impact and is co-located with world leading organisations and startups such as Myriota, the Australian Institute for Machine Learning, Google and the Australian Space Agency.
New Venture Institute (NVI) - Located in Australia’s most awarded Innovation District at Tonsley, Flinders New Venture Institute provides a range of programs and services to a vibrant community of startups and businesses in six focus sectors that reflect Flinders University’s areas of strength, growth, and research: Advanced Manufacturing; Creative Industries; Education; Energy, Water, and Sustainability; Health; Wine, Tourism, and AgTech. We are ideally placed to spark, enable, and develop your business idea from conception to industry advancement. Join us!"
Moonshots - Our aim is to have start-ups with great business plans join us to work with our “been there doing it” Entrepreneurs to build globally scalable investable businesses. We love Creative, Space, BioTech, AI/Hi-Tech, AgTech, Education and Defence Industries and as long as people have a growth mindset where they come from is of no interest!
ThincLab = is powered by the Adelaide Business School and is the University of Adelaide’s flagship business incubator.
ThincLab works with an extensive network of partners to help entrepreneurs launch and grow innovative companies. It has a global footprint with five locations, and has been supporting early stage and scaling entrepreneurs across all industry sectors for the last 28 years. ThincLab also has a specialist incubator for AgTech, Food and Wine innovations.
The Innovation & Collaboration Centre (ICC) has a specially curated program, created for those choosing the ICC as a service provider for their Entrepreneur visa. This program includes a three-month (optional) accelerator program, consisting of founder specific workshops, one-on-one business mentoring and pitch development support. Also included in is six-months of our incubation services, which includes permanent desk space, access to university resources including students, research, prototyping labs, our industry experts, community events and networking opportunities. The ICC has a track record of supporting both deep-tech as well as software start-ups that align to the State Government’s Hi-Tech Sector Growth Plan as well as the Space Sector Strategy and has supported more than 100 start up companies since 2015 across the space, hi-tech and social enterprise categories.