A global venture to boost Sydney’s tech community

25 February 2019

Men in cafe

The NSW Government is providing $380,000 to facilitate Australia’s first Venture Café—an inclusive, diverse, and accessible gathering space where Sydney’s tech community, from students to corporates, can regularly connect, collaborate and grow.

Member for Ryde Victor Dominello said Venture Café Sydney at Macquarie Park is the eighth and newest member of the Venture Café Global network, which was founded in 2009 by the Cambridge Innovation Centre in Boston, USA.

'The NSW information communication technology sector is worth $19 billion annually and NSW is home to nearly 50% of the country’s startup founders, with Sydney as its epicentre.

'This new Macquarie Park venue will connect this sector’s students, startups, entrepreneurs, corporates, investors, and other organisations through face-to-face informal weekly gatherings, to share tech ideas and build business relationships,' Mr Dominello said.

'The NSW Government is creating the right environment for Sydney’s thriving tech community to grow, as seen by our establishment of the Sydney Startup Hub one year ago and our support for the Sydney School of Entrepreneurship.

'Now, through our Boosting Business Innovation Program, we’re supporting Venture Café Sydney to bring the brightest tech innovators together on a regular basis to further accelerate the growth of Sydney’s world-renowned tech community. This new home for entrepreneurs will complement the Macquarie University Incubator, established as one of the first major projects under the Boosting Business Innovation Program.'

Venture Café Sydney Executive Director Zara Crichton said the Venture Café will be part of the successful global movement, tipped to number 50 by 2025, which aims to facilitate knowledge sharing and relationship building in tech communities, like Sydney’s, based around the world.

'We offer a program which allows participants to volunteer as either ambassadors, mentors and event presenters, helping to shape the discussions that will take place each week.

'They can also demo new products or perhaps host a table to share how they are doing things differently, they can learn about other guests’ projects, explore new perspectives, even consider the absurd,' Ms Crichton said.

A collaboration between Macquarie University and the global Venture Café Foundation, sponsors include City of Ryde, the NSW Department of Industry, and industry heavyweights EY, Konica Minolta, NAB, Orix, Stockland and Visionary Group.

Find out more about Venture Café Sydney