Chief Digital Officer, City of Brisbane, Cat Matson, has welcomed recent news that the State Government has backed a startup hub in Fortitude Valley.
“This announcement is great news and will be welcomed by Brisbane’s growing startup community,” Ms Matson said.
“To hear all three levels of government commit to funding shared spaces for ideas to grow, entrepreneurial spirit to develop and businesses to blossom is music to my ears.”
Brisbane Marketing recently announced a $5 million innovation hub called The Capital, which will occupy three levels above the Zara building at 155 Queen St, with access through the heritage-listed Regent Theatre that is now home to the Visitor Information Centre. The Capital will provide affordable, premium co-working office space in the CBD for startups, and a location for industry to meet and connect along with academics, students and small business operators.
“We have a wealth of entrepreneurial talent in Brisbane and it’s a very exciting time to innovate, collaborate and connect,” Ms Matson said.
The State Government said its hub would be part of a network of hubs across the state and located in the Valley’s historic TC Beirne building. River City Labs will be among the precinct’s first tenants and CSIRO’s Data61 has also committed as a foundation partner in the space.
“As one of the first co-working operators in Brisbane, River City Labs is well placed to anchor this new shared space,” Ms Matson said.
River City Labs founder Steve Baxter has been advocating for more startup spaces in the city.
“(This) is a great example of what the startup community wants and needs, and will have the ability to attract top talent to Queensland,” Mr Baxter said.
The TC Beirne building is a heritage-listed former department store originally built in 1902 and is being refurbished ahead of a planned opening date in early October.
For more information on The Capital, email email@example.com.