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NSW’s Tech Central, the state government’s technology and innovation district, is seeing the first tenants move into its Quantum Terminal with three Australian companies specializing in quantum computing.
Sydney’s Q-Ctrl, Sydney Quantum Academy and ACT’s Quantum Brilliance have all taken up residence in the district, three Australian companies working to advance quantum computing technology.
NSW Deputy Premier Stuart Ayres said the government has focused on helping companies expand and enter their next phase of growth at Tech Central.
“Quantum Terminal together with the rest of Tech Central will form one of Australia’s most vibrant innovation corridors,” said Ayres.
“Based on the opening of the Quantum Terminal, we are also investing up to $ 21 million to prioritize affordable scale-up accommodations. From December, companies can apply for discounts on rental and outfitting costs of up to $ 600,000 per year through the Tech Central Scaleup Accommodation Rebate. ”
Located in Sydney city center at 477 Pitt Street, the Tech Central Scaleup Hub will be operated by Stone & Chalk.
CEO of Tech Central Scaleup Hub operator Stone & Chalk Michael Bromley said the company is proud to be the partner of choice for the government’s growth agenda.
“Through our second Hub in Sydney, we will be able to support national and international startups in their transition to expansion, providing vital access to the resources and infrastructure needed for success,” said Bromley.
Tech Central Industry Advisory Group President David Thodey said the opportunities for innovation and collaboration across the district are unrivaled.
“These support structures and initiatives will help companies both large and small, driving new opportunities for innovation and collaboration to build a sustainable and enduring world-class district.”
Tech Central will offer residents some digital tools including the Digital Twin, an interactive online tool on the Tech Central website.
“This is a modern government with a strong understanding of how to promote and leverage technological and digital innovation for the good of our citizens and businesses,” said Minister for Digital and Customer Service Victor Domininello.
“With world-class researchers and entrepreneurs eager to collaborate and an innovation district ready to support job growth, NSW is in pole position to become a global leader in technology,” said NSW Premier Dominic Perrottet.
“Tech Central is expected to bring up to 25,000 jobs in NSW and be a major player in accelerating our economic recovery and future-proofing our economy.”
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