Non-profit fintech incubator Stone & Chalk will open a hub in Melbourne to meet growing demand for support from Victoria’s start-up community.

Phase one of the move will connect Victorian fintech start-ups with an innovation marketplace comprising large Australian and global corporate customers.

The hub, which officially opens next month, offers 60 desks for fintech start-ups and is housed alongside agriculture technology expert SproutX.

“Our Melbourne hub will help to further accelerate an already fast-moving industry that’s integral to Australia’s future,” Stone & Chalk CEO Alex Scandurra said.

Stone & Chalk also has a hub in Sydney.