The Studio

A new technology incubator, The Studio, was officially launched Thursday 26 July 2018 by The Hon. Scott Morrison MP, Treasurer of Australia. It’s a not-for-profit incubator that has been established to cultivate startup and scaleup businesses in the media, entertainment, communications, games, sound, design and creative industries. The Studio’s founder and CEO, Chantal Abouchar, said the Studio’s strengths are it’s industry focus and collaborative approach.“Australia’s media industry has historic form globally and today’s launch helps to ensure that tradition is set to continue.” “This is also proof that the type of support the Federal Government has provided makes so much sense and will help pave the way for the future.” The Commonwealth provided co-investment of $500,000 to support The Studio, matching industry’s contribution. The NSW Government has also provided support in the form of a rent subsidy for The Studio as one of the four anchor tenants in the new Sydney Startup Hub at 11-17 York St, Sydney.The Studio is an independent not-for profit organisation, focused on fostering and supporting Australian media-tech and creative tech-startups so they can thrive and compete on a global scale.