For immediate release: 21st March 2016

 

Extremes of time and technology: historic Hobart church home to high-tech start up

 

High-tech agribusiness start-up The Yield is breathing new life into St Mark’s Chapel of Ease in Hobart, operating one of Australia’s newest businesses from one of its oldest churches.

 

The Yield’s new Tasmanian office, located on Queen Street, Bellerive, was officially opened today by the Hon. Michael Ferguson MP, Minister for Information Technology and Innovation.

 

Mr Ferguson said he was impressed by what The Yield had already achieved in such a short time.

 

“The combination of new technology within this beautiful historic building is an example of win-win thinking that benefits the whole community,” Mr Ferguson said.

 

The Mayor of Clarence, Ald. Doug Chipman said that the new jobs and new life in the municipality were a “wonderful boost for Bellerive”.

 

St Mark’s Chapel of Ease originally marked the parish of the Reverend Bobby Knopwood and was first consecrated in 1825. The chapel had gradually fallen into disrepair and was last used by the Bellerive scouts several years ago.

 

The Yield’s CEO, Ros Harvey, approached Rev Stephen Carnaby, the rector of St Mark’s, with a view to leasing the building earlier this year.

 

As part of the leasing agreement, the Chapel has had important upgrades, including

refurbishment of the nine windows and two external doors, improved security, repainting, wiring and of course access to the NBN.

 

This follows significant work already undertaken upgrade the grounds and pathways.

 

The Yield employs seven full-time staff with plans for further jobs growth.

 

In January, it released its first product for the oyster industry, which is providing an important environmental data service to help manage Pacific Oysters Mortality Syndrome (POMS).

 

For more information, contact Ros Harvey at ros.harvey@theyield.com or 0409 348 264.

 

About The Yield

 

The Yield provides complete solutions solving business problems in both agriculture and aquaculture. It uses the latest sensors, data management software and user-friendly apps delivered via ‘the Cloud’.

 

The Yield is already recognised as leader ‘the Internet of Things’ technology and is transforming industry with its first solution released in the oyster industry.

 

The Yield was founded in 2014 by Ros Harvey and has since established offices in Hobart and Sydney, employing seven people.

 

The Yield has raised nearly $2 million in investment and won a prestigious $1 million Accelerating Commercialisation grant. Its technology partners are Robert Bosch, Microsoft and Intel. Robert Bosch is also an investor.

 

For more information, visit The Yield's website.