Denver and Australia Strengthen Ties and Collaboration
Published on April 07, 2021
DENVER — On April 6, Mayor Michael B. Hancock and John Barilaro, Deputy Premier for the Australian State of New South Wales (NSW) signed an agreement establishing a City2State Business Welcome Program to promote international trade and investment by providing businesses the support they need to scale up in their respective jurisdictions. The signing took place at the opening session of Denver’s Global Landing Pad program, which this spring welcomes 16 Australian and New Zealand companies.
This agreement is part of Denver Economic Development & Opportunity (DEDO) City2City program, but the first to be signed between a city and a state. The City2City program has been in place since 2017 and counts London (UK), Brest (France) and Guadalajara (Mexico) as its partners.
“Through collaborations and partnerships like this, we can forge new opportunities to attract foreign companies and support local businesses grow their reach, creating an influx of investment that supports our economic recovery,” Mayor Hancock said. “Expand our partnership with Australia with this agreement will create synergies between Denver and New South Wales that will elevate both communities.”
For participating businesses coming to the respective partner cities, the program intends to provide a working space, either at no cost or at a discounted rate; facilitate meaningful introductions and connections to senior level personnel in their local ecosystems, as well as to resources for workforce recruitment; share best practices, and offer overall support for a seamless establishment of operations.
“Denver is a booming landing pad destination for expansion into the U.S. market. This partnership will assist NSW and Denver businesses with access to export and expansion opportunities." NSW Deputy Premier, the Hon John Barilaro MP, said. "I'm thrilled to formalize the NSW-Denver partnership by the signing of this Statement of Intent and look forward to visit Denver in person and meeting with Mayor Hancock so that we can continue to strengthen this incredible City-State partnership."
This agreement cements the existing relationship between Denver and Sydney, and opens the door for expanding trade, attracting foreign direct investment, diversifying industries, and creating jobs; all key components to the economic recovery of both urban centers.
About Denver Economic Development & Opportunity
Denver Economic Development & Opportunity is leading an inclusive and innovative economy for all Denver residents, businesses, and neighborhoods. By supporting local and global business development, workforce development programs, and stabilization efforts in Denver’s diverse neighborhoods, we are creating opportunity for everyone to make a home, get a job, and build a future. Learn more at www.denvergov.org/economicdevelopment.