It is resolved that:
(A) Council approve a cash sponsorship of $40,000 (excluding GST) to Indigi Lab Pty Ltd to produce the Indigi Hack hackathon event;
(B) Council approve a cash sponsorship of $40,000 (excluding GST) and value in kind of $8,450 (excluding GST) for venue hire fee waiver to Spark Festival Limited, to produce the Sydney Innovators Expo;
(C) Council approve a cash sponsorship of $20,000 (excluding GST) to Cicada Innovations Pty Ltd for the 2019 EMERGE STEM Careers and Tech Expo; and
(D) authority be delegated to the Chief Executive Officer to negotiate, execute and administer sponsorship agreements with each of the applicants.
Carried unanimously.
2019/302132