13 April 2016
A new Canberra Business Chamber initiative launched yesterday in Singapore by the ACT Chief Minister will help local companies connect with experts and potential partners in order to expand their international reach and draw further investment into the region.
The Canberra International Support Network (CISN) is a platform for professionals based in the ACT and in key overseas markets to share knowledge and opportunities. The first CISN will focus on Singapore, with other trade partners and services to follow.
“Due to its size and the outward looking approach of our local business owners, the ACT, and our region as a whole, has a very collaborative business sector where we are pulling for one another,” Canberra Business Chamber CEO, Robyn Hendry said.
“This can be seen in how our businesses share information with each other. For example, if someone was thinking of trying to export to Singapore, another Canberra-based company might offer insights and tips.
“CISN formalises this cooperative approach, brings it online and takes it a step further by offering access to in-market expertise. People can connect in order to learn about opportunities, exchange contacts, help each other navigate the market, identify potential partners, or plan a successful visit.”
Singapore has been chosen as the focus of the first CISN because it is an important trade partner and neighbor, who will be brought even closer with the commencement of direct international flights, and the strong relationship between CBC and the Singapore Business Federation (SBF).
The Chamber and SBF solidified this relationship with the signing of an MoU at an event in Singapore yesterday.
“SBF is happy to partner with CBC in its new initiative, CISN, to provide a single platform to help Canberra businesses expand into Singapore and Southeast Asia,” Singapore Business Federation Vice Chairman, Gautam Banerjee said.
ACT Chief Minister Andrew Barr said the CISN is a great support service for local businesses and potential overseas investors looking to expand in to new markets.
“The initiative is a demonstration of Canberra’s sense of community and our commitment to collaboration, by helping Canberra Region businesses expand in to overseas markets, and helping potential investors find the right person to speak to in Canberra,” the Chief Minister said.
“As our relationship with Singapore grows, it’s great to see this partnership between the Canberra Business Chamber and the Singapore Business Federation (SBF), which is Singapore’s preeminent business chamber. Working together we can open up a range of new opportunities for our local businesses to engage with Asia.”
Canberra Region businesses will be able to utilise ACCESSASIA@SINGAPORE through CISN. This is a one-stop business concierge and single platform for companies to expand into Singapore and Asia. The service brings together SBF’s professional service partners to assist with a speedy and smooth entry into the market. Advice services include: –
- Support and referrals online and in person
- Corporate advisory and legal services
- Office and business space
- Company incorporation and secretariat services
- Business banking
- Market development
- Human capital
- Business matching
Singapore based companies looking to invest in the ACT will have access to similar services through Canberra Business Chamber through its network of local resources, such as Invest Canberra and CBR Innovation Network.
“Social media channels such as Facebook and LinkedIn have made connecting online part of both our personal and professional lives,” Ms Hendry said. “We wanted to create a place where businesses and professionals based here and overseas could come together to offer each other support and share knowledge.”
CISN is a free service available to any business globally with a connection to the Canberra Region. Businesses can join CISN through the Canberra Business Chamber website.
“As part of our Destination 2030 vision, we think our region needs to strategically engage with Asian markets for trade, business and tourism.
CISN will play a role in reaching this goal,” Ms Hendry said. “We expect it to help local business win new customers as well as promote our region.”
Media Contact: Robyn Hendry, CEO Canberra Business Chamber 0418 462 151