The NSW Government has announced a new plan to unlock the full potential of the Tech Central Innovation District (Tech Central) \u2013 Australia\u2019s largest technology and innovation hub. <\/p>\n\n\n\n
Tech Central, a six square kilometre precinct bordered by Haymarket, Camperdown, and South Eveleigh in the heart of Sydney\u2019s CBD, currently has the highest concentration of<\/p>\n\n\n\n
technology businesses anywhere in Australia, including Atlassian, Block (Afterpay), Canva, Safety Culture and Rokt, along with 150 research institutes and two world leading universities.<\/p>\n\n\n\n
A fresh vision for Tech Central will establish the district as a leading place to live and work, and will play a critical role as a future driver of NSW Government key priorities including housing, healthcare, night-time economy, visitor economy, and world-class transport infrastructure.<\/p>\n\n\n\n
The NSW Government is committed to the success of Tech Central and seeing it flourish as a melting pot for groundbreaking innovation, research, and lifestyle.<\/p>\n\n\n\n
The new measures announced today include:<\/p>\n\n\n\n
The development of a Tech Central Strategy<\/strong><\/p>\n\n\n\n Tech Central is in a prime location with many beneficial new property developments, public transport links, as well as vibrant dining and entertainment options.<\/p>\n\n\n\n The development of a Tech Central Strategy will consider how Tech Central can empower the innovation ecosystem, as well as play a greater role in supporting housing, creative<\/p>\n\n\n\n industries, and the visitor and 24-hour economies. <\/p>\n\n\n\n This will ensure the district is a leading place to live, work and play\u2014all key ingredients in continuing to attract and retain leading innovative businesses.<\/p>\n\n\n\n Investment NSW will lead the development of the strategy in collaboration with the Department of Planning, Housing and Infrastructure, and Transport for NSW.<\/p>\n\n\n\n The transition of the Sydney Startup Hub to Tech Central<\/strong><\/p>\n\n\n\n With Tech Central positioned as Australia\u2019s leading hub for technology and innovation, the Sydney Startup Hub will move to a location in the heart of Tech Central in October 2025.<\/p>\n\n\n\n This will ensure founders, entrepreneurs, investors, corporates, and the entire innovation ecosystem, can collaborate with universities and research institutes that are right on their doorstep.<\/p>\n\n\n\n The NSW Government is engaging closely with key stakeholders at the Sydney Startup Hub to facilitate a smooth transition and service continuity, including the international landing pad.<\/p>\n\n\n\n This will support the Hub\u2019s residents, founders and entrepreneurs to continue to collaborate and scale their innovative products and ideas.<\/p>\n\n\n\n The NSW Government\u2019s Innovation Blueprint\u2014to be released in the coming months\u2014will explore a new accommodation model at the Tech Central Scaleup Hub, including refreshed services and support for businesses across the ecosystem at all stages of growth.<\/p>\n\n\n\n Specialist support within Investment NSW will drive investment and activity at Tech Central<\/strong><\/p>\n\n\n\n Investment NSW will be responsible for attracting investment and talent into Tech Central, facilitating better coordination between startups, research institutes, and universities.<\/p>\n\n\n\n It will also ensure alignment of existing and future NSW Government programs with district residents\u2019 needs.<\/p>\n\n\n\n This approach will ensure the NSW Government\u2019s investment and vision for the precinct continually focuses on growth in sectors of critical importance to the NSW economy.<\/p>\n\n\n\n To find out more about Tech Central visit: https:\/\/www.investment.nsw.gov.au\/innovation\/precincts\/tech-central\/<\/a><\/p>\n\n\n\n Minister for Innovation, Science and Technology Anoulack Chanthivong said:<\/strong><\/p>\n\n\n\n \u201cTech Central hosts the largest tech innovation ecosystem in the country.<\/p>\n\n\n\n \u201cWe are proud of Tech Central being Sydney\u2019s heart of innovation, but there is potential for it to be much more.<\/p>\n\n\n\n \u201cSpecialist support within Investment NSW will scale existing work in investment attraction, brand promotion, and community building to improve the district\u2019s economic potential.<\/p>\n\n\n\n \u201cWe\u2019re also giving NSW start-ups the best chance to flourish by transitioning the Sydney Startup Hub to the heart of Tech Central.\u201d<\/p>\n\n\n\n Co-Founder and CEO of Atlassian Mike Cannon-Brookes said:<\/strong><\/p>\n\n\n\n \u201cSo many great tech companies have been born in Australia, but this journey is infinitely easier when you have a strong community around you.<\/p>\n\n\n\n \u201cThat\u2019s why Atlassian is such a big supporter of Tech Central – the new home for Australia’s technology industry.<\/p>\n\n\n\n \u201cToday\u2019s announcement helps breathe life into Tech Central, because a precinct without people is just buildings, it\u2019s not a community.<\/p>\n\n\n\n \u201cFor Tech Central to thrive, it needs to be a vibrant part of the city and support work, home and life.\u201d<\/p>\n\n\n\n Head of Policy at the Committee for Sydney and Chair of the Innovation District Alliance Jeremy Gill said:<\/strong><\/p>\n\n\n\n \u201cIt\u2019s fantastic to see the government putting a sharp focus on innovation districts.<\/p>\n\n\n\n \u201cSydney has all the makings of a globally strong innovation city.<\/p>\n\n\n\n “As a key part of Greater Sydney’s innovation district network, Tech Central has a crucial role to play in shaping the state\u2019s economic future.<\/p>\n\n\n\n \u201cThe news that a strategy\u2019s on the way for Tech Central is a great step forward, as it gives the certainty we need to keep the economic engines firing in Sydney\u2019s universities, research institutes, startup and business communities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":" The NSW Government has announced a new plan to unlock the full potential of the Tech Central Innovation District (Tech Central) \u2013 Australia\u2019s largest technology and innovation hub. Tech Central, a six square kilometre precinct bordered by Haymarket, Camperdown, and South Eveleigh in the heart of Sydney\u2019s CBD, currently has the highest concentration of technology … Continue reading “NSW Government to unleash the full potential of Tech Central”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30634","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/30634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=30634"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/30634\/revisions"}],"predecessor-version":[{"id":30635,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/30634\/revisions\/30635"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=30634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=30634"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=30634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}