Director appointed to NSW business office in California

22 May 2012

Deputy Premier and Minister for Trade and Investment Andrew Stoner has announced the appointment of NSW's senior business representative in the United States to spearhead the Government's efforts to secure a slice of the technology boom in San Francisco's Silicon Valley.

Mr Stoner said Jason Seed would take up the position of Director, Trade and Investment in the NSW Government Business Office in Redwood City, California next month.

"Mr Seed brings considerable business experience in the USA and Australia, and strong business networks to his role in our new business office in Redwood City," Mr Stoner said.

"Through his recent employment with international software solutions companies, Mr Seed has developed a thorough understanding of Silicon Valley, the American IT sector, the challenges faced by start-ups and the venture capital environment.

"In his new role, Mr Seed will be working to build local partnerships with government, business and industry associations to enhance awareness of NSW's capabilities and the State's attractiveness as a destination for business, education and tourism."

Mr Stoner said the new office would be strategically located in the Stanford University Mid-Point  Technology Park in the Nest GSV (Global Silicon Valley) Centre.

"Silicon Valley is home to thousands of corporates, technology companies, research institutions and sources of finance, many of them household names such as Google, LinkedIn, Stanford University and Sequoia Capital," Mr Stoner said.

"The NSW Government Business Office will focus on bringing some of the world's leading innovators to NSW and on helping NSW entrepreneurs connect with the US market."

Mr Stoner said the opening of the US office was a key element in the NSW Government's strategy to expand the State's international markets as part of the rebuilding of the NSW economy.

"The new office will drive investment and promote exports and the research and development capabilities of our key sectors, including digital services, ICT and clean tech.

Mr Seed said he looked forward to promoting NSW's capabilities in the US. "While the US economic recovery has been patchy, the impact on Silicon Valley has been minimal. In fact, it is going through a boom with several initial public offerings and a healthy investment climate," Mr Seed said.

"More than ever before there is an excellent market for the world-class services and products that come from Sydney and NSW."

Mr Stoner said the opening of the US office on June 1 would increase NSW's network of international business offices to five. The existing offices are in Guangzhou and Shanghai in China, Mumbai in India and Abu Dhabi in the United Arab Emirates.