The one day event is expected to draw 600 decision-makers, fund managers, investors and scientists from more than 450 organisations from Australia and around the world.
Delivered in a TED-style presentation format of investment ideas and insights, the conference also doubles as Australia’s largest medical research fundraising event.
With half of the money raised each year going to the host state, the South Australian Government is anticipating a potential research funding windfall of over $1 million for the state.
As a non-profit charity event, all proceeds from the conference are donated to medical research, with more than $50 million donated to date. Attendees are also able to make direct donations.
Between them, conference delegates – including ultra-high net worth individuals and the chief investment officers of some of Australia’s major super funds – have more than $500 billion in funds under management.
“Attendees will be able to see for themselves our state’s advanced manufacturing capabilities, and endless investment opportunities,” said South Australia’s trade and investment minister Nick Champion.
“The conference will give a significant boost to health and medical research in South Australia, donating 50 per cent of the funds raised to be used right here in our state.
“Hosting a conference of this nature doesn’t just bring people to South Australia for the event itself, it enables us to showcase South Australia’s wine regions, beaches and the Adelaide Hills, with attendees able to experience some of the best food and wine in the world.”
The conference will be held at Adelaide Festival Centre’s Festival Theatre.
Running every year since 2016, with two virtual years during the pandemic, this is the first time the event will be hosted in Adelaide. The 2023 event was held this month at the Sydney Opera House, and other previous iterations have been held in Sydney, Melbourne and Hobart.