I was pleased to today officially open The Yield’s new Tasmanian office in Hobart.
Using the latest sensors, data management software and user-friendly apps delivered via the cloud, The Yield delivers a complete business solution to the aquaculture and agriculture industries.
Just over a year old, The Yield has already raised $2 million in investment and won a prestigious Accelerating Commercialisation grant.
It is a wonderful achievement that proves innovation is alive and well in Tasmania, and there is the confidence to invest.
Not only does The Yield employ 7 Tasmanians, there are already plans for further growth.
The Yield is a great example of an innovative start-up which has combined leading edge technology with one of our traditional strengths - agriculture.
We want to see more great ideas become viable, job creating businesses.
That is why the Hodgman Liberal Government is investing $500,000 towards establishing Entrepreneurship and Incubation Hubs in partnership with the University of Tasmania.
Through encouraging and supporting Tasmanian entrepreneurs we have an opportunity to create higher value jobs for Tasmania and drive economic growth well into the future.
More Media Releases from Michael Ferguson
More Media Releases from the Minister for Information Technology and Innovation