The Government of Ontario is organizing a Smart Transportation Export Business Mission to Australia on the margins of the Intelligent Transport Systems (ITS) Australia Global Summit https://www.itsaustraliasummit.com.au/. In addition to participating in the ITS Australia Summit in Sydney, the mission program also includes a visit to Melbourne, the largest city in Australia in terms of population.
Why Australia – Opportunities Exist
Australia is a market with a rapidly growing population which needs ongoing development of its transportation infrastructure to meet congestion and safety challenges, as well as net zero emissions goals. In Australia, transport accounts for seven per cent of the Australian economy, and transport technology demand is growing by 27 per cent per annum. The three layers of Australian governments have invested heavily in the development and implementation of smart city technologies, including transportation systems, and actively seek partnerships with international companies. This presents great opportunities for Canadian developers of intelligent transportation systems and technologies.
Major cities in Australia, such as Sydney and Melbourne, are home to established innovation hubs and accelerators focused on transportation technology. Sydney has a mix of integrated transport modes suited to its topography, such as ferries, heavy and light rail, buses, toll roads, bicycle infrastructure, and pedestrian precincts. The ongoing development of this infrastructure to meet the increase in population while maintaining efficiencies and liveability presents opportunities for the application of niche technologies. One such example is the build of the Sydney Metro; a multi-stage driverless train project currently underway connecting various suburbs and hubs across the harbour and the city generally which will continue to be implemented in the next few years. In other areas, new road infrastructure is required in Australia’s most populous cities, these being Melbourne and Sydney.
Melbourne has an extensive tram network with plans for more infrastructure development since it is now Australia’s largest city in terms of population. Over the next decade there will be a pipeline of construction works in the State of Victoria across other transport modes, this is broken down to 5 major projects teams: West Gate Tunnel Project, Major Road Projects Victoria, Level Crossing Removal Project, North East Link Project and Rail Projects Victoria.
Across all of Australia, there are opportunities for the application of technologies to supply chain problems at ports and with freight supported by government backing for new solutions.
In the lead up to the Brisbane Olympics 2032, new infrastructure projects are planned in South East Queensland.
Opportunities also exist in the following areas:
Innovators such as Genetec, Tritium, Bosch, Investible, Cubic, Kapsch, Tempus Partners and Textron Systems have established a presence in Australia and are developing products that will provide safe and supported transport solutions into the future.
Canadians with niche technologies could explore partnership opportunities with local companies to access emerging opportunities or develop partnerships with research institutions to create new technologies.
Why ITS Australia Summit – Great Learning and Networking Event
The ITS Australia Summit is Asia Pacific’s largest face-to-face transport technology event. The Summit will explore strategies for advancing smarter, safer, and more sustainable transportation through technology. Summit 2024 is where industry leaders come together to discuss cutting-edge themes and innovations driving transportation progress, tackle the critical issues and help shape the future of transportation alongside government, industry, and academic experts from around the world. ITS Australia Summit consists of conferences, exhibition and networking activities which are perfect for networking and building strong business connections.
The themes for the 2024 session include:
Why Join the Mission – Exposure & B2B Meetings
Joining the Ontario Smart Transportation Mission to Australia represents an excellent opportunity for Ontario firms who offer solutions and products to the transportation and infrastructure sector and who are interested in exploring business opportunities in the Australian and Asia-Pacific markets. The mission provides an opportunity to network and showcase the latest technologies and products from Ontario and offers optimal visibility for suppliers to access potential clients and partners from Australia and the Asia-Pacific region.
The mission will include and present the following opportunities and activities:
Proposed Mission Program: (subject to change, draft only)
Date | Activity |
Aug 11 (Sun) |
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Aug 12 (Mon) |
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Aug 13 (Tue) |
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Aug 14 (Wed) |
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Aug 15 (Thu) |
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Aug 16 (Fri) |
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Aug 17 (Sat) |
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How to Apply – Early Bird Rate Available Until May 31
CanExport Funding Program – 50/50 Cost-Sharing; Apply Before June 1, 2024
CanExport SMEs program is now open for new applications until May 31st, 2024.
Program Highlights Tips:
When to incur eligible costs if you apply for CanExport program
Applicants may only submit project related expenses that are incurred after April 1, 2024, or after your application date – whichever date is later. Of note, though, is that incurring them after April 1 but before funding is approved is at your own risk. If you submit your application and are not approved for funding, those expenses are your own responsibility. These costs won’t be covered by the program if they are not approved for funding.
How to prepare your application
CanExport is a competitive program. The program encourages applicants to provide a business case for undertaking a project. That is best demonstrated by including not only a trade mission in the application, but also including other initiatives that you will undertake in the year to support your entry into the targeted market. As you know, developing an export market involves much more than just participating in a mission or tradeshow. Will you be generating specific marketing materials for that market? Will you be doing a second/third visit to the market to meet a specific potential customer or customers (or meet with a potential distributor for that market) at a specific date in the future? Will you be using a third party to conduct a market research before visiting the market? Frame all those activities into a project that demonstrates the strategic actions the applicant will take to successfully develop that market.
Sample application is available upon request.
Other Suggestions:
This program is very popular and competitive. You are encourage to:
Please browse and review the following webpages carefully and thoroughly before submitting your application.
Estimated Travel & Accommodation Costs: Helpful for Travel Planning and CanExport Application
Visa Requirement(s): Canadians Need ETA for Trip to Australia
Unless you are an Australian citizen, you will need a valid Australian visa to enter the country.