Media release | 23 April 2018
Deputy Premier and Minister for Small Business, Skills and Regional NSW John Barilaro today joined Member for Bathurst Paul Toole to celebrate the opening of Bathurst’s first business startup incubator – ‘Upstairs’.
Mr Toole said the NSW Government-backed Jobs for NSW has invested $270,000 to help build and run ‘Upstairs’ - a 600 square metre community facility with 32 workstations, high-speed internet, 24/7 access, meeting rooms, and a pitch space.
“This is fantastic news for startups in Bathurst and right across the Central West,” Mr Toole said.
“The opening of Upstairs will give local startups a big boost, providing support and advice to help them launch and then grow their ideas right here in the region,” Mr Toole said.
“Upstairs will give local entrepreneurs with innovative ideas an environment where they can expand and develop them into a business.
“It will support existing businesses to develop new products and target new markets in areas of regional strength like agritech, food processing, health, automotive and government,” he said.
Startups will also have access to the brand new Regional Landing Pad at the $35 million NSW Government-backed Sydney Startup Hub, allowing them to expand their networks and access business opportunities in Sydney and beyond.
Upstairs is a community facility overseen by partners including Reliance Bank, Charles Sturt University, Bathurst Regional Council, the Department of Industry and the Office of Regional Development.
Deputy Premier and Minister for Regional NSW and Small Business and Skills John Barilaro said the Central West has a strong history of producing successful startups with Jobs for NSW already providing support to 13 promising companies in the region.
“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,” Mr Barilaro said.
“By nurturing and supporting NSW’s startup ecosystem, we are building a pipeline of future job-creating businesses across the state.”