Optus has opened an innovation workspace in the Sydney Startup Hub.
The telco had NSW Minister for Innovation Matt Kean at the York Street hub on Tuesday to open the new venue, which will see Optus collaborate with startups and SMBs to develop solutions to address the challenges faced by the small business.
The Optus Innovation Hub will operate as an extension to the Optus SMB Yes Business platform by physically connecting startups with the technology and expertise.
The space will also hold a range of events from hackathons, innovation challenges and more.
“It’s incredibly important that we unlock more opportunities for startups to collaborate and innovate with big business, and this is a perfect example of just that,” Minister for Innovation Matt Kean said.
“These innovative companies are carving out the next generation of jobs and businesses for our country, and I’m pleased to see some of our best and brightest innovators working together to create a prosperous future for our country.”
Optus’ first event in the hub will be an innovation challenge held in partnership with Macquarie University on July 9.
The challenge will focus on supporting small and medium businesses and will cover a broad range of topics, from digital currencies, through to cross border expansion and digital marketing.
Along with small business, Optus will invite corporate partners, customers and other innovation leaders across the wider Optus and Singtel network to contribute to the Optus Innovation Hub through collaboration and sharing of their expertise.
These contributions will include providing a wide and varied support network, and further developing ideas via the User Experience test lab and R&D sessions.
“The Innovation Hub is designed to solve and explore challenges and opportunities and foster new ways of thinking to provide Optus SMB customers with the best user experience and prospects for growth,” Vice President of Optus SMB Matt Ball said.
“SMBs are the backbone of the Australian economy and it’s incredibly important for Optus – as a business partner for SMBs –to invest in new ways of supporting their growth and success.
“As the largest physical space for startups in the Southern Hemisphere, the Sydney Startup Hub provides us with a great physical location within the ecosystem that will enable the rapid development of ideas and be the physical extension of our online Yes Business platform.”