A consortium led by property developers Mirvac Group has been awarded the tender to buy the Australian Technology Park site in Sydney’s Redfern, beating out competitors including Atlassian with a bid upwards of $260 million.
The Australian Technology Park may be meeting its untimely demise, with the NSW government looking to sell it to property developers, who will either turn the ATP into a business park or an apartment block. The Sydney startup community is urging the government to leave the ATP untouched, as it represents, houses and supports innovation, and is a key component of our identity as an innovative city and country. [Source: Change.org]
Clean-technology startup Zenogen is setting a new standard for innovation in Australia – beyond web- and mobile-based technology – by making the zero-emissions method of producing hydrogen commercially viable. The company has raised a total investment capital of $435,000 and has received praise from investors in the US.
Sydney’s most innovative technology companies, coworking spaces and incubators are opening their doors for the community to get an exclusive glimpse of what happens behind the scenes.
The Ignitions Labs 2013 program, an accelerator for early stage health and medical technologies, will close applications on the 28th July for its highly competitive, intensive business development program.