A $17.8 million innovation project will be delivered in Newcastle, which includes free public Wi-Fi, cutting-edge smart parking and smart street lighting technology and a new innovation hub for researchers, students, industry and entrepreneurs.
Premier Mike Baird announced today the NSW Government is investing $9.8 million in the Hunter Innovation Project, with a further $8 million coming from project partners Newcastle City Council, the University of Newcastle, Newcastle Now and Hunter DiGiT.
“The Hunter Innovation Project will provide a significant boost for Newcastle and capitalise on its strong education and research sectors, the region’s highly skilled workforce and diverse range of industries,” Mr Baird said.
“We want to ensure we are doing all we can to attract and retain the best and brightest minds in Newcastle, which is why this investment is so crucial.
"As part of the project free public Wi-Fi will be installed in Newcastle's CBD, along with cutting-edge smart parking and smart street lighting technology.
“The $17.8 million project also includes an innovation hub, which will support technology focused industries, researches and students.”
Planning Minister Rob Stokes said the announcement builds on the NSW Government’s support for the NeW Space city campus and its direction to allow Hunter Development Corporation to negotiate directly with the University on securing additional campus space in the city centre.
“Not only will Newcastle come to be known as a great University city; it will also be known for its cutting edge research and innovation,” Mr Stokes said.
The Hunter Innovation Project funding comes from the Hunter Infrastructure and Investment Fund (HIIF) via Restart NSW.
Projects were nominated through an expression of interest process conducted by the Hunter Development Corporation on behalf of the Hunter Infrastructure and Investment Fund.