What is Space Tank Studio

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What is Space Tank Studio

Space Tank Studio For Profit Social Enterprise
Space Tank Studio is a registered Social Enterprise with Social Traders.

Purpose
To provide social benefit for creative innovators, businesses and community ecosystems.

Mission Statement
Increase the impact of innovation to disrupt traditional paradigms and improve quality of life.

Social Enterprise impact
Space Tank creates difference through the medium of business and is committed to re-investing profits to support activities including; delivering products that improve quality of life, enhance healthy outcomes in communities, building skills and business capacity to support emerging social and design entrepreneurs.

Space Tank fills the manufacturing gap in Melbourne’s design economy, helping startups to research, design and develop new physical products that can lead to deep social and economic impact. Successful startups employ new staff, connect with legacy industry strengths and support manufacturing sovereignty and supply chain security.

Reinvesting profits
Space Tank reinvests profits to ensure Melbourne’s leading business Makerspace stays at the cutting edge of advanced manufacturing and rapid prototyping technologies to support entrepreneurs in areas such as; MedTech, Healthcare, AgriTech, IOT, Transport, New Energy and niche manufacturing.

The Service
Space Tank provides a full suite of support ranging across: equipment technology, communal fabrication space, private studios, incubation services, investment networks, technology labs, education programs, skills training, commercial strategy mentoring and business scaling pathways.

Operating Model
Space Tank has a studio membership and fee for service operational model.
1. Studio rental/workshop pass
2. Business Incubator/Accelerator programs
3. Service bureau for design fabrication and consultation
4. Skills training in fabrication design and prototyping technologies
5. Access to the Applied Technology Co-Investment Fund