Acting NSW Premier Andrew Stoner has announced the 23 successful local Information and Communication Technology (ICT) companies that will participate in next month’s Tech23 innovation exhibition in Sydney.
Tech23 is a competition that showcases 23 of the best young, innovative and fast growing Australian technology companies and gives them the chance to showcase their work to over 400 potential investors, mentors, entrepreneurs and customers.
“The NSW Government is supporting this event to promote technology innovation and the growth and development of smart jobs and businesses in our digital economy,” Stoner said.
“We are committed to making NSW the leader in ICT and already established a new ICT Governance framework and ICT Board that will develop the NSW Government ICT strategy.”
Each of the 23 companies will be given five minutes to pitch their technologies and discussions on investment opportunities and business models to expert panels of industry leaders, investors and entrepreneurs.
The exhibition will be followed by an evening awards celebration which includes $150, 000 in cash prizes from the NSW Government.
Winner of the Innovation Excellence Award in 2010, Marathon Robotics Director Alex Brooks, said it had raised the company’s profile and provided an external validation when communicating with customers.
“The prize money was instrumental in establishing a development and testing facility, allowing round-the-clock testing of robots which has allowed us to greatly improve the robustness of our product.”
Tech23 will be held on 23 August at The Auditorium at Surry Hills.