Western Sydney Startup Hub takes shape
Jump on board as Spacecubed launches the next generation of innovators and entrepreneurs at the new Western Sydney Startup Hub (WSSH).
Minister for Enterprise, Investment and Trade Alister Henskens said Spacecubed will operate the 1,500 square metres of affordable co-working space, as part of the revitalised Parramatta North Heritage Precinct, due to its reputation for empowering positive change in the community.
“Technology and innovation are at the heart of attracting significant global investment in NSW, helping to create the jobs of the future for our next generation of innovators and entrepreneurs in Western Sydney,” Mr Henskens said.
“Spacecubed offers the best and most diverse services for WSSH, ensuring a bright and competitive future for Western Sydney’s innovation and technology sectors.
“Continuing on our commitment from this year’s NSW Budget to support more women in the workforce, Spacecubed will host a regular SheCodes program developed to upskill our future female coders.
“The hub will help grow and showcase innovation opportunities through the Westmead Health and Innovation District ecosystem, generate even more new jobs in Western Sydney and secure a brighter future for NSW.”
With $300,000 in funding from the NSW Government for its fit-out, Spacecubed will become the hub’s first operational business when it opens in October.
As part of the operator agreement, Spacecubed has committed to:
A minimum 70 per cent of desks for startups and small-to-medium enterprises (SMEs) at affordable rates;
- Running an annual incubator program;
- Offering a minimum of 20 scholarships per year for social impact startups, and free/discounted spaces for program participants; and
- Offering all WSSH members free access to Spacecubed programs, and discounted rates for booking events and meeting spaces.
In December 2021, the NSW Government announced $53.8 million of additional funding for the restoration and activation of the Parramatta North Heritage Precinct.
Minister for Planning and Minister for Homes Anthony Roberts said the WSSH will have an important part to play, fusing the precinct’s rich cultural history with new innovation and technology opportunities.
“This innovative space will encourage job creation, more visitors and a vibrant atmosphere to the revitalised Parramatta North Heritage Precinct,” Mr Roberts said.
Member for Parramatta Dr Geoff Lee said Western Sydney and the Parramatta North Heritage Precinct, with its new-age facilities and collaborating spaces, continues to be a breeding ground for up and coming innovators and entrepreneurs.
“We look forward to Spacecubed paving the way and providing a platform for those innovators and entrepreneurs looking for an edge in Western Sydney,” Dr Lee said.
“The WSSH provides a platform for talented individuals to meet like-minded organisations, joining forces and as a result, delivering new and improved outcomes for the people of NSW.”
Spacecubed CEO Brodie McCulloch said the hub will cement Western Sydney as a premier destination for innovation and technology on the global stage.
“The innovation and technology sector is rapidly growing in Sydney and we’re privileged to play a key role in its expansion,” Mr McCulloch said.
“With the continued support of the NSW Government, we will do all that we can to drive Western Sydney as a competitive place for business investment and forward thinking innovators.”
Find out more information at Western Sydney Startup Hub.