IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

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.”

Related Resource

The top three IT pains of the new reality and how to solve them

Driving more resiliency with unified operations and service management

Man at his computer next to title card - whitepaper from ServiceNowFree download

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.

Featured Resources

Join the 90% of enterprises accelerating to the cloud

Business transformation through digital modernisation

Free Download

Delivering on demand: Momentum builds toward flexible IT

A modern digital workplace strategy

Free download

Modernise the workforce experience

Actionable insights and an optimised experience for both IT and end users

Free Download

The digital workplace roadmap

A leader's guide to strategy and success

Free Download

Recommended

Hackers claim to steal personal data of over a billion people in China
data breaches

Hackers claim to steal personal data of over a billion people in China

4 Jul 2022
Skills shortages expected to hit over 90% of Australian and New Zealand businesses
Careers & training

Skills shortages expected to hit over 90% of Australian and New Zealand businesses

28 Jun 2022
Why India wants to become a chipmaking powerhouse
components

Why India wants to become a chipmaking powerhouse

28 Jun 2022
Quantum is 'the future of AWS system security', Amazon claims
Network & Internet

Quantum is 'the future of AWS system security', Amazon claims

23 Jun 2022

Most Popular

Actively exploited server backdoor remains undetected in most organisations' networks
cyber attacks

Actively exploited server backdoor remains undetected in most organisations' networks

1 Jul 2022
Former Uber security chief to face fraud charges over hack coverup
data breaches

Former Uber security chief to face fraud charges over hack coverup

29 Jun 2022
Why India wants to become a chipmaking powerhouse
components

Why India wants to become a chipmaking powerhouse

28 Jun 2022