iAccelerate is now open.
Wollongong, Australia’s City of Innovation, celebrated the opening of the new $18 million iAccelerate Centre located at the Innovation Campus. The new facility was officially opened by the NSW Minister for Industry, Resources and Energy, the Hon. Anthony Roberts MP on 19 July 2016.
The first of its kind in Australia, iAccelerate is home to both a business incubator and accelerate program, allowing start-up companies to work alongside more established companies. It has facilities to accommodate around 280 entrepreneurs and provide bright minds with the infrastructure, mentoring and education programs to help them succeed. Entrepreneurs are connected to a world-class university, potential investors and high quality business advisors.
University of Wollongong Vice-Chancellor Professor Paul Wellings CBE said the iAccelerate Centre would help capture the intellectual capital of the Illawarra by retaining the University’s high-quality graduates while making the Illawarra a destination for innovators and investors. “The Illawarra has the potential to be transformed from a manufacturing-based region to an international innovation hub with new industries,” Professor Wellings said. “The iAccelerate Centre will bring new investments into the region, create diverse and sustainable employment opportunities and attract new resources to the Illawarra. Young businesses are given the leading edge to succeed at iAccelerate and they can gain global success from right here in Wollongong.”
See how iAccelerate is set to help local businesses innovate and grow.