NSW to develop second Startup Hub in Western Sydney
Western Sydney will become home to NSW’s second Startup Hub, providing more opportunities for entrepreneurs and innovators to bring ideas to life, according to the Minister for Jobs, Investment, Tourism and Western Sydney, Stuart Ayres.
Ayres said the Western Sydney Startup Hub project will draw on the success of the Sydney Startup Hub in the Sydney CBD, which houses almost 500 companies, generates more than $280 million in investment and has created more than 1000 jobs.
The new Startup Hub is expected to open in Parramatta in late 2021 following a restoration of the circa 1876 Hospital Spinal Range Building and circa 1892 Kitchen Block.
Ayres said the Startup Hub will form part of the revitalised Parramatta North Heritage Core and will honour the past while preparing for the future, by providing the space to create future jobs.
The Hub will provide 1500 square metres of affordable co-working space and programs to support Western Sydney startups, scaleups and businesses.
“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,” Ayres said.
Expressions of interest to operate and manage the Western Sydney Startup Hub will be open until 18 December 2020.
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