7 companies sign up for Tech Central’s new Scaleup Hub
The new Scaleup Hub run by Stone & Chalk at Tech Central opens next month in July and has signed up 7 companies for its initial rollout
As the founders think about hybrid working and how to bring their teams together, Stone & Chalk Sydney Managing Director Marie-Anne Lampotang said companies looking to move into the Scaleup Hub are thinking about how to use space, rather than desks for everyone.
The hub, at 477 Pitt Street, offers private office suites, meeting rooms, event spaces and additional workspaces for companies expanding their operations, as well as being a landing strip for international companies entering in the Australian market.
The site will eventually be able to accommodate around sixty companies in a flexible workspace of 8,000 square meters spread over six floors.
“Our first residents include companies from a wide range of sectors from electronics to education. These companies will help Stone & Chalk achieve its goal of transforming Australia into a more sustainable technology-driven economy,” she said.
Early residents include Nasdaq-listed Israeli scale-up Nano Dimension, a pioneer in industrial 3D printing for the electronics industry.
Nano Dimension country manager Omer Tangi said they wanted to launch in Australia – and draft beer had appeal too.
“Being at the center of an environment that not only gives you access to industry experts, but also puts you close to leading institutions such as the University of Technology Sydney (UTS), which is actually one of our first customers in Australia, prepare for success,” he said.
“We use advanced 3D printing technologies to disrupt, reshape and redefine the future of electronics production, creating an eco-friendly and intelligent on-demand process.”
Other initial residents are Downsizer, Education Perfect, The Nudge Group, Open Sparkz, Pax Technology and Swoop Funding
The Scaleup Hub gives founders the opportunity to rub shoulders with other Tech Central residents including Atlassian, Commonwealth Bank, University of Technology Sydney, Cicada Innovations, University of Sydney as well as a number of technology companies. venture capitalists located in Surry Hills, including AirTree.
Stone & Chalk Group CEO Michael Bromley said the Scaleup Hub is a significant step towards achieving a national ambition to establish itself as a global innovation and technology leader in Sydney.
“Before the development of Tech Central, local and international emerging technology companies did not have access to the organized scaling environment required for expansion,” he said.
“The NSW Government has recognized the potential that exists in Sydney to fill this gap through Tech Central, which will bring 25,000 innovation jobs to the workforce and help future-proof our economy.”