Sunday, 20 December 2020

NSW TO BUILD A STARTUP HUB IN WESTERN

The NSW Government will fund the creation of a second Startup Hub located in Western Sydney, an investment designed to put technology and innovation at the centre of the state’s post-COVID economic recovery strategy.

Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said the Western Sydney Startup Hub project would cement investment, technology and innovation as the centrepiece of the Government’s COVID-19 recovery strategy.

“This new Startup Hub will be an exciting step in activating the historic Parramatta North Heritage Core and is set to provide 1500 square metres of affordable co-working space and programs to support Western Sydney startups, scaleups and businesses,” Mr Ayres said.

“It will form part of the revitalised Parramatta North Heritage Core and will honour our past while preparing us for the future, by providing the space to create the jobs of tomorrow.

“It will draw on the successes of the Sydney Startup Hub in the Sydney CBD, which has already housed almost 500 companies, generated more than $280 million in investment and created more than 1000 jobs.

“This project will bring the innovation revolution to the heart of Western Sydney, complementing the growth of the broader Westmead Health and Innovation District, including the recently announced Innovation Quarter development, which will deliver over 1000 jobs and 28,000 square metres of health, research, education and commercial space.”

The Western Sydney Startup Hub is expected to open in late 2021. Expressions of interest to operate and manage the Western Sydney Startup Hub will be open to respondents until 18 December 2020.

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Website: www.theholidayandtravelmagazine.blogspot.com.au

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