A new quantum focused startup hub will be established at Sydney’s Tech Central, with the New South Wales government on the hunt for founding members.
Known as The Quantum Terminal, the space will be located in the northern end of the multi-billion dollar innovation and technology precinct, and be home to quantum researchers, developers, engineers and educators.
The state government on Wednesday said it is seeking expressions of interest for founding members from organisations in the quantum technology, high performance computing, MedTech, artificial intelligence and adjacent technology verticals. It will also consider “other key innovation enablers” to be founding members of The Quantum Terminal.
The state said the Terminal had been designed to help future-focused startups scale their businesses amongst a curated community of experts in their field, and access shared and private workspaces and large event spaces.
The Sydney Quantum Academy – a partnership between Macquarie University, UNSW Sydney, the University of Sydney, and UTS – will be involved in the hub as part of its work to grow Australia’s quantum economy.
“This announcement 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,” Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres said.
“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.”
Transport for NSW is leading the redevelopment of the site which is part of the 24 hectare renewal of Central Precinct.
“The Quantum Terminal will see the nerve centre of Sydney’s train network taking shape as the heartland of the city’s new technology and innovation developments,” New South Wales Transport Minister Andrew Constance said.
“With its proximity to educational institutes as well as major hospitals, the Central Precinct will allow unmatched connectivity to leading businesses and research institutions, further driving the success of Tech Central.”
Sydney Quantum Academy chief executive Peter Turner a said the new space is a boost for the local sector as Australia’s Quantum race gains speed.
“The Sydney quantum community has a track record in delivering world-firsts. This initiative provides the space needed to nurture this culture of innovation. 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.”
Tech Central is expected to eventually offer 50,000 square metres of space for startups and scaleups.
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