Bendigo's Tech Boom: The Investment Funding and Growth Story Behind the Trend

Bendigo's tech scene has received a significant boost with $10 million in funding allocated to support the growth of local technology companies over the next two years.

This investment is crucial for the city's economic development, as it will create new job opportunities and stimulate innovation in the region. The funding will be used to support startups and existing businesses, providing them with the resources they need to expand and compete in the global market. With the city's strong reputation for innovation and entrepreneurship, this investment is expected to have a significant impact on the local economy.

In Bendigo, the innovation hub is centered around the Bendigo Tech Park on Holmes Road, which is home to a number of technology companies, including software developers and data analytics firms. The nearby La Trobe University's Bendigo campus is also a key player in the city's tech scene, with its research and development programs supporting the growth of local startups. Additionally, the Bendigo Coworking Space on Mitchell Street provides a collaborative environment for entrepreneurs and small business owners to work and network.

Investment and Growth

According to data from the City of Greater Bendigo, the number of technology companies in the city has increased by 25% over the past year, with 50 new businesses setting up operations in the region. The average salary for tech workers in Bendigo is $83,000 per year, which is higher than the national average. The city's tech industry is also expected to grow by 15% annually over the next five years, with the investment funding playing a key role in driving this growth. As of June 2026, the city has seen $5 million in investment funding allocated to support the growth of local technology companies, with a further $5 million expected to be allocated over the next 12 months.

As the city's tech scene continues to grow, it is likely that we will see more investment funding allocated to support the development of new technologies and innovation in the region. With its strong reputation for innovation and entrepreneurship, Bendigo is well-positioned to become a major player in the national tech industry. For businesses looking to get involved in the city's tech scene, there are a number of resources available, including the Bendigo Business Council's mentoring program and the La Trobe University's research and development programs. With the right support and investment, the city's tech industry is expected to continue to thrive and drive economic growth in the region.