Victoria’s status as a key global destination for technology and innovation has been given a boost with the Cremorne Digital Hub entering a new phase in its development.
After securing 80 Balmain Street as headquarters, the Hub has appointed a new CEO and board to guide it on its mission to strengthen the state’s tech offering by encouraging cross-industry collaboration, growing investments and nurturing the state’s talent and skills.
The Hub will continue to build on Cremorne’s transformation from a manufacturing centre to a magnet for high-tech businesses and innovation jobs. More than 700 businesses and around 10,000 workers are already based in the precinct.
Cremorne contributes more than $4 billion to the state’s economy each year and is already home to some of Australia’s most successful tech companies, including Carsales.com, SEEK, REA Group and MYOB.
Through its $50 million Cremorne Venture Fund—to be managed by Artesian—the Hub will also play an active role in commercialisation by investing in exciting new digital companies that can take Victorian innovation to the world, according to an official press release.
International business leader Mark Sims has been named as CEO and prominent corporate executive and investor Monique Conheady will serve as inaugural Chair of the Hub—which was established with support from the Labor Government.
Mr Sims has worked for numerous Fortune 100 companies and previously served as chief operating officer for Hong Kong-based EdTech company Xccelerate.
Ms Conheady is the co-founder of Australia’s first carshare service Flexicar and Chair of JET Charge, Australia’s leading provider of electric vehicle charging infrastructure. Joining her on the board are chief executive of the Melbourne Chamber of Commerce Scott Veenker and co-founder of Artesian and Boab AI Matthew Clunies-Ross.
Shareholders Carsales.com, investment firm Artesian and Melbourne, RMIT and La Trobe universities will also work together on the Hub’s development to boost collaboration between academia and industry.
For more information about the Cremorne Digital Hub, visit djsir.vic.gov.au/
Support independent community journalism. Support The Indian Sun.
Follow The Indian Sun on Twitter | Instagram | Facebook
Support Independent Community Journalism
Dear Reader,The Indian Sun exists for one reason: to tell stories that might otherwise go unheard.
We report on local councils, state politics, small businesses and cultural festivals. We focus on the Indian diaspora and the wider multicultural community with care, balance and accountability. We publish in print and online, send regular newsletters and produce video content. We also run media training programs to help community organisations share their own stories.
We operate independently.
Community journalism does not have the backing of large media corporations. Advertising revenue fluctuates. Platform algorithms change. Costs continue to rise. Yet the need for credible, grounded reporting in a multicultural Australia has never been greater.
When you support The Indian Sun, you support:
• Independent reporting on issues affecting migrant communities
• Coverage of local and state decisions that shape daily life
• A platform for small businesses and community groups
• Media training that builds skills within the community
• Journalism accountable to readers
We cannot cover everything, but we work to cover what matters.
If you value thoughtful reporting that reflects Australia’s diversity, we invite you to contribute. Every donation helps us maintain the quality and consistency of our work.
Please consider making a contribution today.
Thank you for your support.
The Indian Sun Team
