Connecting local tech companies with SE Asia

Go-to-market accelerator Haymarket HQ has announced a new program for tech companies and investors from Sydney’s Tech Central that want to explore opportunities in Indonesia, Singapore and Vietnam.

The nine-day Southeast Asia Tech Immersion Mission is funded by Investment NSW. 15 delegates from Tech Central will be selected for the program where they will be able to grow their understanding of the tech ecosystem in Southeast Asia (SEA), increase their access to capital and deal flow, connect with customers and build out their network.

SEA presents a large growth opportunity for Australian investors and tech companies. The region is home to the world’s fastest-growing middle class, globally significant family offices, venture capitalists (VCs) and tech companies.

The three countries were selected for the trade mission based on the opportunity and potential they offer to tech companies and investors:

• Indonesia has the largest population in SEA with a rapidly growing middle class and tech sector.
• Singapore is home to SEA’s largest family offices, VCs and syndicates, making it a perfect base for regional expansion.
• Vietnam is one of Australia’s fastest growing trading partners and home to a large pool of tech talent.
   

The SEA Tech Immersion Mission is based on the frameworks developed by Haymarket HQ that have supported more than 800 companies to expand into new markets across the APAC region.

15 tech companies and investors will be chosen to join the program, which consists of:

• A nine-day immersion mission: Delegates will embark on a nine-day immersion mission from 24 September until 3 October to explore opportunities in Indonesia, Singapore and Vietnam.
• Ecosystem connections: The program will build delegates’ connections with local investors, companies and governments to grow their network and deal flow.
• Pre-mission events: Starting in late August, these events include networking, one-on-one mentoring and masterclasses.
• Access to resources: Delegates will have access to a dashboard with SEA frameworks and resources to help build their knowledge of the region.
   

The SEA Tech Immersion Mission will be supported by Tech Central-based private investment group Arkblu Capital. The group, which has offices in both Sydney and Jakarta, will offer delegates access to its trusted networks in the region, introducing them to the right contacts that understand both the nuances of SEA and the demands of Australian businesses.

The SEA Tech Immersion Mission is open to tech companies and investors from Tech Central (Ultimo, Haymarket, Surry Hills, Darlington North Eveleigh, South Eveleigh and Camperdown). Tech companies must have a minimum of three employees and should be post minimum viable product (MVP) stage. While the program is targeting companies and investors in Tech Central, other NSW-based companies may still express interest if they meet the criteria.

Applications for the program are open until 13 August, with participants advised in late August. Haymarket HQ will host an information session on 2 August at its headquarters. For more information about the SEA Tech Immersion Mission, click here.

Image credit: iStock.com/inkoly