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7 companies sign up for Tech Central’s new Scaleup Hub

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The new Stone & Chalk-run Scaleup Hub at Tech Central opens its doors next July and has 7 companies signed up for the first rollout

As founders think about hybrid work and how to bring their teams together, Marie-Anne Lampotang, General Manager of Stone & Chalk Sydney, said companies looking to establish themselves on the Scaleup Hub are thinking about how to use the space, instead of just desks for everyone.

Among the financial tools available to support the growth of these scale-up companies, business loans and open accounting practices can play a significant role. These resources can help companies in the Scaleup Hub not only achieve their goals but also establish trust with investors, partners, and clients as they continue to develop their presence in the Australian market.

The hub, at 477 Pitt Street, offers private office suites, meeting rooms, event spaces and overflow workspaces for companies scaling up their operations, and is also a landing place for international companies entering the Australian market.

The site will eventually accommodate about 60 companies in a flexible workplace of 8,000 square meters, spread over six floors.

“Our first residents will be companies from a wide range of sectors ranging from electronics to edutech – these companies will help Stone & Chalk achieve its goal of transforming Australia into a more sustainable technology-driven economy,” she said.

The first residents include the Nasdaq-listed Israeli scale-up Nano Dimensiona pioneer of industrial 3D printing for the electronics sector.

Omer Tangi, country manager of Nano Dimension, said they wanted to get off the ground in Australia – and draft beer had appeal, too.

“Being in the midst of an environment that not only gives you access to industry experts, but also close proximity to leading institutions such as the University of Technology Sydney (UTS), which is actually one of our first clients in Australia, will make you ready for success,” he said.

“We are using advanced 3D printing technologies to disrupt, reshape and redefine the future of electronics manufacturing, creating an eco-friendly and intelligent on-demand process.”

The other first residents are downsizingEducation perfectThe Nudge GroupOpen SparkzPax technology and Swoop financing

The Scaleup Hub gives founders the opportunity to collaborate with other residents of Tech Central, including Atlassian, Commonwealth Bank, University of Technology Sydney, Cicada Innovations, The University of Sydney and a number of Venture Capital firms in Surry Hills, including AirTree.

Stone & Chalk Group CEO Michael Bromley said the Scaleup Hub is a remarkable step forward in realizing a national ambition to establish itself as a global leader in innovation and technology in Sydney.

“Before the development of Tech Central, local and international emerging technology companies did not have access to the managed scale-up environment necessary for expansion,” he said.

“The NSW government recognized the existing potential in Sydney to fill this gap through Tech Central, which will create 25,000 innovation jobs for the workforce and help future-proof our economy.”

NOW READ: Annie Parker is the new boss of Sydney’s Tech Central



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