The Studio: History
A new technology incubator, The Studio, was officially launched Thursday 26 July 2018 by The Hon. Scott Morrison MP, Treasurer of Australia. It’s a not-for-profit incubator that has been established to cultivate startup and scaleup businesses in the media, entertainment, communications, games, sound, design and creative industries.
The Studio’s founder and CEO, Chantal Abouchar, said the Studio’s strengths are it’s industry focus and collaborative approach.
“When you combine industry collaboration with industry focus you create a powerful, globally competitive base for innovation,” Ms Abouchar said. “When you do the sums you realise a nation with a workforce of 11 million people must increasingly compete with hundreds of millions of people globally. So globally it’s easy to understand how collaboration can unlock exciting potential.”
“That’s precisely why our model brings a critical mass of established industry players together with startups and scaleups. For example, we already have startups working on a peer-to-peer program with Animal Logic, and Dolby is now working with a startup on new content, while their own innovation team has just done an off-site program here with all our residents.”
Ms Abouchar said these examples also demonstrate how important it is that Australia’s outlook for the workplace of the future must be global.
“Australia’s media industry has historic form globally and today’s launch helps to ensure that tradition is set to continue.”
“This is also proof that the type of support the Federal Government has provided makes so much sense and will help pave the way for the future.”
The Commonwealth provided co-investment of $500,000 to support The Studio, matching industry’s contribution. The NSW Government has also provided support in the form of a rent subsidy for The Studio as one of the four anchor tenants in the new Sydney Startup Hub at 11-17 York St, Sydney.
CEO + Founder
Events + Marketing Manager
Facilities + Production Manager
The Studio Board
DR. MAGGIE HAERTSCH
Company Secretary + CEO
- NEW GLOBAL MEDIA TECH HUB The Studio, TO LAUNCH IN SYDNEY, ATTRACTS $500K CO-INVESTMENT (6/29/2019) -
- New network aims to boost female tech startups in Australia (3/7/2019) -
- $26M+ invested in media technologies in the last year through The Studio, Australia’s media and creative technology hub (3/1/2019) -