NSW Government launches new Bathurst incubator

Media release | 4 July 2017

The NSW Government will open Bathurst’s first start-up incubator to nurture and accelerate the growth of new businesses and jobs for the Central West.

Member for Bathurst, Paul Toole, said the NSW Government-backed Jobs for NSW has invested $270,000 to build and run ‘Upstairs’, a 598 sq m community facility with 50 workstations, high-speed internet, 24/7 access, meeting rooms, and a pitch space.

“Sydney has start-up incubators like Stone and Chalk and Fishburners to help grow new job generating businesses and now the Central West will have its own in Upstairs, which is set to create at least 137 regional jobs in five years,” Mr Toole said.

“Upstairs will give entrepreneurs with innovative ideas an environment where they can expand and develop them into a business.

“It will also support existing businesses to develop new products and target new markets in areas of regional strength like agri-tech, food processing, health, automotive and government.

“Upstairs will also benefit from mentoring by Sydney business incubator and accelerator leaders Stone and Chalk and Slingshot to ensure its success.”

Upstairs will be a community facility overseen by partners including Unity Bank, Charles Sturt University, Bathurst Regional Council, the Department of Industry and the Office of Regional Development.

Unity Bank will lease premises to Upstairs and invest in the facility to drive skills development and support local jobs.

Deputy Premier and Minister for Small Business, John Barilaro, said Upstairs will offer business mentoring programs, kids coding nights, robotics competitions, hackathon events and interaction with other entrepreneurs in a shared, connected, bright open-plan workspace.

“There will also be a dedicated space for filming and 3D viewing as well as a shared problems board and ‘how to use’ tech sessions,” Mr Barilaro said.

”Upstairs will also collaborate with Charles Sturt University to raise awareness with final year students.

“The Central West has a strong history of producing successful start-ups with Jobs for NSW already providing grants to 13 promising companies in the region.

“Upstairs will be a ground breaking initiative for the region that will allow government, education and business organisations to drive economic growth and jobs.”

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