12 December 2023 – The University of Waikato is gearing up to launch HIKO hub, an innovative business precinct and co-working space at the Hamilton campus that will strengthen ties between the business community and the University.
HIKO hub will provide businesses with the flexibility of a co-working space and the benefits of the campus’ unique grounds and amenities. Businesses that join the hub will also have opportunities to connect with students through work experience opportunities, including work-integrated learning.
Jim Mercer, Chief Operating Officer at the University of Waikato, said the new project was a positive step for the University and the Waikato business community.
“This concept has been brewing for several years, driven by our commitment to work more closely with local industry and make smarter use of our space. HIKO hub addresses a genuine demand from small businesses in the region seeking a vibrant and contemporary workplace while being part of a larger ecosystem.”
Local tech leaders, Resolution8, have already signed on with the HIKO hub and will be moving into the space in early 2024. Peter Gilbert, Director of Resolution8, said the close ties to an organisation known for its strong tech credentials was a drawcard.
“From establishing New Zealand’s first internet connection in 1989 to leading the way now with their Artificial Intelligence Institute, the University has long led the way in tech. Resolution8 prides itself on innovation, so it feels like a natural alignment.”
“Plus, with its beautiful grounds and world-class facilities like The Pā and the many food outlets on campus, we know this will be an environment where our team can thrive.”
Named after the te reo Māori word for lightning or ‘to ignite,’ HIKO hub encapsulates the spirit and aspirations of the new precinct and those within it. “It’s an appropriate name for a business precinct with thousands of bright young minds on its doorstep,” said Mr Mercer.
Opening in early 2024, the HIKO hub offers flexible terms, including part-time options, plus a diverse range of office spaces, including open-plan, private, and semi-private offices.
The tenancy fees will cover operational costs and a comprehensive suite of support services, enabling teams to focus on their business without the hassle of managing office admin or other details required by standard commercial leases.