The South Australian opposition says the federal government has agreed to pilot a new visa in South Australia aimed at increasing business growth and investment.
The temporary start-up visa will be offered to those who are nominated by a state or the commonwealth to take forward an innovative idea with a supporting business plan.
There would be no funding requirement, unlike the current entrepreneur visa which requires at least $200,000 in capital backing, and all applicants must be aged under 45 years with a vocational level of English.
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