Decision details

It is resolved that:

(A)        Council approve a cash sponsorship of $40,000 (excluding GST) to Tech Sydney Limited for the development of a tech startup ecosystem website;

(B)        Council approve a cash sponsorship of $15,000 (excluding GST) to Tech Sydney Limited to produce an event series focused on the business opportunities for Sydney's innovative tech companies in Southeast Asia;

(C)       Council approve a cash sponsorship of $25,000 (excluding GST) to Tech Ready Women Pty Ltd, to produce 'From Idea to Startup', a series of three events and sponsorship support for three women to participate in a 10-week accelerator program; and

(D)       authority be delegated to the Chief Executive Officer to negotiate, execute and administer sponsorship agreements with each of the applicants.

Carried unanimously.

X006473