Noosa hosts leading Venture Capital forum

The Peregian Digital Hub has played a pivotal role in securing Noosa as the location for Venture Down Under, the leading forum for Australia’s technology investment sector.

In collaboration with Sydney-based organisers Innovation Bay and the Queensland Government, next week’s three-day event from 14 – 17 June welcomes over 100 delegates from 40 venture capital investment firms.

Digital Hub Director Chris Boden said the event would help inject more capital into Queensland start-ups and create high value jobs.

“Venture capital is the lifeblood of technology start-ups, so hosting this forum could be the catalyst to grow this sector in the region,” he said.

“In an added boost, members of the local digital sector will be part of the event and spend valuable time meeting and learning from investors from across the country,”

In welcoming the delegates, Mayor Clare Stewart said the week of networking would showcase the strength of the digital industry emerging in Noosa and grow its profile amongst investors.

“It’s obviously a boost for local business but equally important is what it does to heighten awareness of the great work being achieved at the Peregian Digital Hub,” she said.

A recent independent audit, commissioned by Council, showed the Digital Hub generated over $4.8 million in economic value in the last financial year.

“This directly contributed to the creation of about 40 new jobs,” Mr Boden said.

Mr Boden said that the Hub’s digital ecosystem development program has benefited from the ongoing strong relationship with the state government’s Advance Queensland program.

“Hosting this high profile venture capital conference helps put Noosa on the national map and creates opportunities for our tech start-ups, digital service providers and investors,” he said.

“The conference will see some of the Sunshine Coast’s most promising start-ups pitch to a room full of investors, which could be a game-changing opportunity for them,” he said.