Sydney Matters outline plan to startup the city
31 August, 2016.
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This is evidenced by Sydney’s ranking as a global startup ecosystem dropping from 12th in 2012 to 16th in 2015 according to a recent Compass report.
“This sector is important for the future economic prosperity of the City, with forecasts suggesting it will contribute $109 billion and 540,000 jobs to the Australian economy by 2033,” Clr Vithoulkas said.
“As an entrepreneur, and in my role as Deputy Chairperson of the City of Sydney Development and Business Sub-Committee, I have been closely involved with the startup Economic community.
“From speaking with many in the ecosystem, it is clear that the City has not done as much as it can to ensure the sector has all the resources, talent, infrastructure and support they need to grow, expand and succeed
“While some positive steps have occurred under the current administration, with the release of its Tech Startups Action Plan, the fact is that the City continues to consult rather than developing genuine partnerships.
“The Sydney Matters Independent Team is committed to turning this around by providing more action and less lip-service.”
Clr Vithoulkas said the two biggest issues that the City has failed to act on to support the community was to address the shortfall of real estate for the startup ecosystem and making data available to help startups solve real problems in the city.
“The City of Sydney does have a significant amount of lazy property assets that could be made available to accommodate new tech start-ups and increase the start-up ecosystem density,” she said.
“The Sydney Matters Independent Team will audit the wide-ranging assets and, working with existing co-working organisations in the ecosystem, will identify suitable properties that can provide affordable co-located workspaces to accommodate more startups.”
“We will also seek to identify the most appropriate property asset that is ideal for the development of a new state of the art hub for technology entrepreneurs and start-ups to be able to collaborate with others from the ecosystem and from the wide range of industry sectors.”
The Sydney Matters Startup policy consists of two key phases to be rolled out over five years.
Phase 1 (0 to 2 Years)
- Work with existing co-working organisations to identify council owned properties that can be converted to accommodate startups
- Funding and further supporting already established co-working spaces to accommodate new tech start-ups and increase start-up ecosystem density.
- Design/Establish a new state of the art hub for technology entrepreneurs and start-ups.
- Create a platform for collecting data on existing tech start-ups to identify insights which can beopen sourced back to the community.
- Making Council data “Opened Sourced” to enable to startup community to tap into thisinformation so they can solve existing and future community problems
Phase 2 (3 to 5 Years)
- Create and develop a tech entrepreneurship centre.
- Introduce a Entrepreneur in Residence program at Town Hall, where a leader in the startup
- ecosystem is appointed to work with the City to set a strategy to identify, attract and nurture opportunities for the sector.
- Improve the quality and quantity of entrepreneurship education by working closely with education providers and the government to:
- o Promote the number of female entrepreneurs
- o Support entrepreneurship scholarship programs.
- o Promote entrepreneurial behavior by University Researchers. o Develop a national learn to code program.
Sydney Matters media contact:
Joanne Ryan 0421 059 866
Peter Laidlaw 0419 210 306