Wednesday, 9 October 2013

Innovation Hub Gets Green Light



BY Danaella Wivell

The Macquarie House Innovation Hub is set to bring local entrepreneurs together in the heart of Launceston in order to help kick-start new businesses.

The Innovation Hub was approved in July by Senator Whish-Wilson, who worked alongside a team from The Catalyst Project in order to provide this unique opportunity to Tasmanian residents.

James Riggel is one of the masterminds behind the Innovation Hub, which was brought to life through The Catalyst Project.

Riggel previously taught at the Human Interface Technology Laboratory at the University of Tasmania, and says that there is a way of thinking embraced in universities that cannot be easily found elsewhere.

“To succeed in innovation, you also need a certain amount of infrastructure, and you need a certain culture,” Riggel said in an interview on ABC’s Drive program.

The building is set to have two levels reserved for private business people, while the bottom two floors will be open to the public.

Having the top floors open to innovators and business-minded people is hoped to give impetus to Australian projects. This increase in Australian projects will lead to greater economic opportunities for all the entire country.

Through opening the bottom two floors to public access, including a basement café, it is hoped that Macquarie House will be given a new lease on life. The heritage listed building has not been open to the public before the proposal from The Catalyst Project.

Redeveloping Macquarie House is estimated to cost three million dollars. Riggel says that this sum of money will flow back into Launceston’s city council, as they work to improve the building for IT students and young business owners alike.

It is hoped that Macquarie House will be a catalyst for heritage listed buildings to be transformed into similar innovation hubs across Australia.

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