Inaugural PeninsulaHACK event tackles youth unemployment

THEY came and “hacked” with the full blessing of authorities.

Entrepreneurs met recently to work on solutions to issues including youth unemployment and jobs in the region’s first PeninsulaHACK event.

Frankston Foundry — a hub aimed at fostering start-ups and tech businesses — hosted the three-day event involving 150 entrepreneurs, businesses and community leaders from the region.

They discussed the “gig economy”, which is characterised by short term contracts rather than permanent work.

Foundry co-founder James Bertschik said the peninsula was one of the fastest growing regions for start-up entrepreneurship in Victoria, but also home to high unemployment among youth and people leaving traditional industries.

“With a population growth forecast of 12 per cent for the region through to 2036, we still

have a way to go,” he said.

The event was backed by LaunchVic, which was set up by the State Government to accelerate start-ups, drive new ideas and create jobs in Victoria.

“We are delighted to support PeninsulaHACK, which provides a great opportunity for the

peninsula’s best and brightest to engage in Victoria’s vibrant start-up system,” chief executive Kate Cornick said.

Frankston Foundry received $154,500 in January as part of LaunchVic’s funding to help connect entrepreneurs in the region with the Melbourne start-up sector.

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