The Hub currently counts 55 small businesses and 245 individuals as its members.
Over the past three years the Hub has seen new businesses develop and leave to take their own office space, as they grow and employ staff.
Tony Moretta, CEO of Digital Jersey highlighted the importance of a place like the hub for a sector that currently employs around 5% of the Island’s workforce.
He said: “Like all communities, we need a physical space, we need a place to meet, to talk, to collaborate, to teach and to learn, to build businesses and to build a new economy.”
The Chief Minister, Ian Gorst, stated: “Technology is going to transform our business and financial services industry and I think it’s going to transform it even faster than we now think it is going to do, Digital Jersey and the hub have got an absolutely critical part to play in this”.