The Launch Festival, sponsored by the NSW Department of Industry, Destination NSW and Business Events Sydney, is being staged from Monday through to Wednesday (17 to 20 June) with Hunter region companies showcasing technologies including the Diffuse Energy wind turbine, autonomous vehicles, and software enabling farmers to boost crop yields.
Opening the festival, NSW Minister for Small Business, Damien Tudehope, said the start-ups had travelled to Sydney aboard the "Startup Xpress" bus, organised by the Business Centre and Local Innovation Network hub Hunter iF.
“The Launch Festival will expose NSW’s startups to international connections and see 20 of NSW’s top startups pitch to a global audience for a chance to win $100,000 investment and an invitation to the Launch Accelerator in San Francisco," he said.
“It’s terrific to see Hunter iF getting local start-ups involved in this event which will offer a potential launch pad for the world stage.
“Hunter iF is part of Jobs for NSW’s Local Innovation Network, a $2.1 million investment in a network of incubators to help businesses in the Hunter, Armidale, Byron Bay, Bathurst, Coffs Harbour, Wollongong and Wagga Wagga regions.”
Tudehope said initiatives like the Startup Xpress are “helping build a culture of entrepreneurship in our regional communities. NSW is home to almost 49 per cent of Australia’s startup founders, up from 41% in 2016, and we want to see that continue to grow.”