Sydney government-funded innovation hub launches quantum arm
This comes after Australia designated quantum technology as a critical technology for the country’s future
Tech Central, a government-funded technology and innovation hub, launched a Quantum Terminal today as Australia makes continues to make quantum technology one of its priority focuses.
Q-Ctrl, Sydney Quantum Academy, and Quantum Brilliance are now in place in Sydney’s first centralised live collaboration space for researchers, developers, engineers, and entrepreneurs, said the NSW government. They will be working to advance quantum technology, high-performance computing, and artificial intelligence.
The government is also investing up to $21 million (£11 million) to prioritise affordable accommodation for scale-ups. From December, businesses will be able to apply for rebates on rental and fit-out costs of up to $600,000 a year through the Tech Central Scaleup Accommodation Rebate.
The scaleup hub will be operated by Stone & Chalk, a technology innovation hub, and will provide 8,000 square metres of workspace for the high-growth technology scale-ups. Tech Central is currently based across six different areas of Sydney and is the home of the city's tech economy, and hosts companies like Atlassian and Cicada Innovations.
“This is a modern government with a strong understanding of how to foster and harness technological and digital innovation for the good of our citizens and businesses,” said minister for Digital and Customer Service Victor Dominello. “The US has one Silicon Valley, NSW is investing in them across the city.”
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Earlier this month, the Australian government announced it was investing $111 million (£60 million) in quantum technology as part of a national strategy to secure critical technologies for the country’s future. The investment allocated $70 million for a Quantum Commercialisation Hub, which will foster strategic partnerships to commercialise the country’s quantum research. The hub will also be supported by the development of a National Quantum Strategy, designed to align industry and government efforts to unlock greater private sector investment.
As part of a $1 billion investment into Australia, Google announced this month that it would deepen its investment in quantum computing research with Macquarie University, which could help design more efficient batteries and allow scientists to make discoveries that were previously out of reach.
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