City of Sydney chips in $29m for new climate tech hub

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A new co-working hub for tech start-ups, investors and interest groups tackling climate change will open soon in Sydney, after receiving $29 million in public assistance.

Mark Rowland, chief collaboration officer of Greenhouse, is anticipating a rush of climate tech start-ups to his new co-working hub.

The $29 million from the City of Sydney is made up of $7 million towards the fit out of the office space, and $22 million in negotiated rent abatement over 10 years to 2033.

 

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