North Sydney region’s innovation future

  • May 18, 2016

Member for North Sydney, Trent Zimmerman, Assistant Minister for Innovation Wyatt Roy and local businessesman Tim Power, have today co-chaired the first meeting of the North Sydney Innovation Network to promote the local region as a hub for innovation businesses, particularly in the digital economy.

The first meeting of the Network brought together leading innovators, businesses, educators and government representatives to discuss local and national challenges and opportunities facing small, medium and large businesses.

“I was very pleased with the wide range of ideas which were discussed today and I now want to move quickly, with the support of the local business community, and turn words into action,” he said.

Mr Zimmerman said he wanted to facilitate the creation of the Network to recognise and support the fast growing contribution of innovation related businesses in our area.

“We have two of Sydney’s largest commercial centers in the North Sydney CBD and Chatswood, and our area is also home to thousands of small and medium businesses from Hunters Hill and Lane Cove through to Crows Nest, St Leonards and Artarmon, and they can all benefit from a focus on innovation.

“The Network will seek to promote the local North Shore region as a hub for innovation businesses, linking and coordinating the activities of all three levels of government and aiming to create an environment for local businesses to grow and flourish,” he said.

Mr Zimmerman said he was also looking for local feedback on national policy aimed at the start-up and innovation community.

“The Turnbull Government is delivering the National Innovation and Science Agenda (NISA), which contained measures worth $1.1 billion over four years, to transform Australia from an innovation laggard into an innovation pacesetter.

“I want this Network of businesses, innovators, researchers and educators to provide me with feedback and advice on how we can continue to improve policy settings to enhance innovation both locally and nationally,” he said.