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Victoria has a new home for innovation with the official launch of the refurbished Goods Shed North, which brings together leading startups across a range of sectors including medtech, agtech, fintech and cyber security.

Minister for Innovation and the Digital Economy Philip Dalidakis launched the Victorian Innovation Hub at the historic 111-year-old building in the heart of Melbourne’s Docklands.

“This hub is the next step towards giving Victorian startups and entrepreneurs the help they need to expand, network and be in a supportive environment that will help them turn their dreams into reality. It’s no accident that Melbourne is Australia’s number one tech city, and this innovation hub will continue to strengthen our sector and deliver for our startups.”

Minister for Trade and Investment Philip Dalidakis

The space will be led by LaunchVic, Victoria’s startup development agency, and will house 360 of Australia’s top startups, accelerators and incubators.

The multi-sector innovation hub brings together specialists including fintech startup hub Stone & Chalk, agtech accelerator SproutX, Australia’s national medtech accelerator The Actuator, leading technology accelerator Startmate and the CSIRO’s data analytics experts Data61.

The new hub will strengthen Victoria’s economy by connecting startups and entrepreneurs with mentors and investors, and provide a world-class co-working facility that fosters collaboration and innovation.

The announcement of a dedicated innovation hub for emerging industries will help cement Victoria’s reputation as Australia’s home of innovation and technology.

The Goods Shed will also be the home of a studio for the award winning online series, That Startup Show, as part of a new $1.1 million partnership with LaunchVic. The partnership will see the production and streaming of 20 episodes in front of a live audience in the space.

Innovation will play a pivotal role in Victoria’s future economy and new technology will be a key driver in the creation of the jobs, businesses and industries of the future.

The Victorian Innovation Hub is part of the Andrews Labor Government’s push to invest in the sectors, skills and training that will drive our future economy and create jobs for Victorians.