Page 5 - G20 Newsletter_Vol17

funding will help support business workshops, mentorship class universities and first-class discipline construction
opportunities, and skills training to help women entrepreneurs as an important indicator of subject evaluation. University
adapt to a digital marketplace. COVID-19 has revealed technology transfer institutions should establish a high-
women entrepreneurs are particularly vulnerable because of level and professional team of personnel, of which the
several factors: they tend to run smaller businesses, are less proportion of technical managers and technical brokers
capitalized, and are heavily concentrated in the service sector. who have received professional education and training is
On top of that, many women are now shouldering child-care not less than 70%, and have technology development, legal
as a result of school closures and elder care in this time of finance, enterprise management, and business negotiation
isolation and social distancing. knowledge in other aspects.
The U.S. Small Business Administration awarded $300,000 Ac c ording t o a ne w “roadmap” pl ott ed by the
in grants to three organizations offering entrepreneurship Commonwealth Scientific and Industrial Research
training to women service members, veterans, and military Organization, or CSIRO, Australia’s government agency
spouses on May 6th. for scientific research, the Australian quantum computing
technology industry will generate $4 billion annually and
The funding opportunity offered by SBA’s Office
16,000 jobs by 2040.
of Veterans Business Development supports each
organization’s entrepreneurial programs for women who According to the new "development roadmap" drawn by the
serve in the military and veteran communities. Each Australian Commonwealth Scientific and Industrial Research
awardee was chosen based on their demonstrated history Organization (CSIRO), by 2040, the Australian quantum
of and commitment to providing training programs and computing technology industry will generate $4 billion in
resources to women. revenue and 16,000 jobs annually. Entrepreneurship in the
field of quantum computing will have Greater development
Women veterans represent a fast-growing segment of the
potential. The roadmap broadly comprises a four-pronged
veteran population. As this number grows, more and more
approach, including;
women veterans continue to serve their country by becoming
small business owners. As women veterans, service members, Develop a national quantum technology strategy and
and spouses continue to contribute significantly to our formulate long-term strategic priorities, action plans and
economy, SBA is eager to fund organizations that will support measurement indicators for the Australian quantum industry.
them through their entrepreneurial journey and set them up Cultivate and attract talents in the quantum computing
for success. industry, and evaluate the skills needs of future quantum
technicians. Explore effective financing mechanisms to
Encourage entrepreneurship in the hi-tech industry support the commercialization of quantum technology
applications. Evaluate the capabilities and infrastructure
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The Ministry of Science and Technology of China and the
of the domestic quantum industry and cultivate successful
Ministry of Education have put forward new requirements
business models.
for the construction of the ability of universities to
transfer scientific and technological achievements. The CSIRO believes quantum computing can be the most
focus is on advancing the establishment of specialized promising long-term opportunity for Australia.
technology transfer institutions in universities, which The South Korean government will boldly seek the Korean
clarifies the achievement transformation function version of the Digital New Deal so that South Korea can
and high-level technology transfer personnel training spearhead new industries in the intact, digital fields.
indicators. The president said the government would soon provide

The Ministry of Education has included the effectiveness the public with detailed schemes on establishing digital
of technology transfer agencies in promoting the infrastructures like big data, 5G networks and artificial
transformation of scientific and technological achievements intelligence, nurturing intact industries, and digitalizing
into the monitoring and effectiveness evaluation of first- social overhead capital.