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Innovation

The NSW government’s new Central Station quantum startup hub has opened tenant applications

- August 4, 2021 2 MIN READ
The new Quantum Terminal startup hub at Sydney's Tech Central
The NSW government has opened expressions of interest for founding tenants of the new Quantum Terminal at Sydney’s Tech Central startup and scale-up hub at Central Station. 

Jobs and investment minister Stuart Ayres said a residency in The Quantum Terminal was a chance for startups to help grow the innovation ecosystem.

“The Quantum Terminal will be home to a community of researchers, educators, developers, programmers and engineers who will help lead the development and innovation of quantum excellence, ,” he said.

“This is an exciting component of our long-term goal for Tech Central, to create 25,000 innovation jobs and encourage 25,000 new students to focus on science, technology, engineering and maths and life sciences studies.”

When completed, the Tech Central precinct will have 50,000 square metres of affordable space for startup and scale-up businesses and part part of a 24 hectare redevelopment of the Central Precinct, which includes the new 40-storey timber skyscraper that will become Atlassian’s new HQ.

The Quantum Terminal has been designed to help startups scale their businesses, offering shared and private workspaces and large event spaces, echoing the style of the Sydney Startup Hub at Wynyard.

Expressions of interest for founding members of The Quantum Terminal will be open to organisations within The Quantum Technology, High Performance Computing, MedTech, Artificial Intelligence and adjacent technology verticals along with other key innovation enablers. Sydney is already home to one of the largest concentrations of quantum experts in the world.

Peter Turner, CEO of Sydney Quantum Academy, a partnership of four of Sydney’s leading universities and the NSW Government, said the new space will enhance Sydney’s appeal as a place to develop cutting-edge quantum science and technology.

“The Sydney quantum community has a track record in delivering world-firsts. This initiative provides the space needed to nurture this culture of innovation,” he said.

“It will allow the Sydney Quantum Academy to bring the community of entrepreneurs, academics, businesses and students together to share ideas, seed growth and develop the talent required to meet industry’s rapidly expanding needs.”

For more information on the latest expressions of interest go to: The Quantum Terminal (jll.com.au)