On Wednesday 26 October, a reciprocal exchange agreement was signed between CORE Innovation Hub and Caterpillar Ventures. This is the first step for CORE in establishing a network of global resources tech hubs.
Both organisations have the shared objective of connecting startup communities and associated corporate networks to international opportunities, and a mutual interest in identifying these opportunities, whilst leveraging common strengths in resources and energy.
The agreement enables members from both innovation communities to access space at one another’s hubs in Perth, Western Australia and San Francisco, USA. It also sets out additional support between their online member communities via various organisational and social media.
Roberto Ortega, Innovation Manager at Caterpillar, is enthusiastic about the opportunities that will arise from the agreement. “We’re excited about finding solutions to problems in the global mining, construction, energy and transportation sectors, and increasing our access to the pool of talent, energy and imagination out there.”
Tamryn Barker, CORE CEO, is delighted to announce the partnership, as “CORE and Caterpillar Ventures both provide an environment that fosters connections between technology startups and industry professionals. This agreement aligns with our strengths and puts into practice a vision for Australia as a global resources technology hub. We are also excited about connecting with other international resources and energy hubs in the future, such as Houston and Santiago”.