Melbourne Innovation Districts (MID) is a partnership between the City of Melbourne, the University of Melbourne and RMIT University. The initiative is set to drive investment in the knowledge economy and help shape our city’s future.
The MID vision is to:
‘Develop a world-class urban district and environment that supports and develops next-generation Melbourne – a place designed to leverage emerging technologies and innovation, and build on our city’s unique characteristics to enhance education and economic outcomes, create new knowledge and city experiences, and enrich inclusion and public amenity.’
To achieve this, there is a focus on five work streams:
- Public realm – rethinking the ways spaces can enable innovation activities such as testing, showcasing and engagement.
- Enterprise activation – providing targeted support for startups and small to medium enterprises to establish and grow within the district, and make productive connections with other parts of the innovation ecosystem.
- Digitally-enabled technology – enabling better analysis, insight and collaboration through accessible state-of-the-art and experimental technology.
- Social innovation – developing, collaborating and researching in new ways and combinations to better meet social needs.
- Institutional design – tweaking rules, policies and culture to that motivates status quo behaviour and activities are tweaked to better unlock potential in the ecosystem.
MID will provide more opportunities for Melbourne’s knowledge workers, researchers, students, business and community organisations to connect and collaborate, creating innovative ideas essential for the city to continue to thrive and prosper.