The Sydney Startup Hub is a globally significant innovation centre funded by the NSW Government. It is located at Wynyard. It’s the first of its kind in Australia and is unmatched in the southern hemisphere in terms of its size and density. It offers more than 17,000 sqm across 11 floors. Importantly, it provides leading edge collaborative workspaces which promote research, collaboration and innnovation. The Studio’s founder and CEO, Chantal Abouchar, said the Studio’s strengths are it’s industry focus and collaborative approach. The Studio, which is a not-for-profit, was officially launched Thursday 26 July 2018 by The Hon. Scott Morrison MP, Treasurer of Australia. In its first year, the start-ups based there have collectively raised $29 million.