History of the EIBC

The Eastern Innovation Business Centre (EIBC) has a rich history of supporting businesses in Melbourne’s East centered in the City of Monash. Today we act as an Acceleration Hub, supporting founders, service professionals and corporate innovators with a future focus.

Our centre was made possible by wide Municipal, State and Federal Government contribution and is a not-for-profit Company with an engaged and inspiring Board, Management and Team. For almost 20 years, we have supported and inspired growth in small businesses and accelerating ventures in our region, with a strong sense of community and collaboration.

The Tom Morrissey Building (formerly the Monash Enterprise Centre or Monash Incubator) opened in 1999 and provided office space and business support services for local small businesses for more than 15 years.


It was clear, however that our key point of difference was using our supportive business environment to nurture accelerating ventures. Business growth and innovation in the City of Monash and surrounding municipalities continues to build, with our city now Victoria’s second largest employer outside of Melbourne’s CBD, particularly in the health, education and manufacturing sectors.

To capitalise on this strength and promote a culture of innovation and technology, our Mulgrave facility was expanded in 2015 with the addition of the state-of-the-art Jessie Tait Building.

The Jessie Tait Building is a high tech facility, home to a community of collaborative, inspired, innovative entrepreneurs preparing their ideas for market and includes a vibrant co-working space. The Jessie Tait Building suits businesses developing new products, designs or services for commercialisation and offers tenants outstanding opportunities to learn, exchange ideas and collaborate.

Our Acceleration Hub attracts extraordinary interest from across Australia and overseas, with more than 2500 visitors every six months.

Our buildings honour two entrepreneurial pioneers in the Monash region, Cr Tom Morrissey and Mrs Jessie Tait.

Tom Morrissey (1945-2013) was a most passionate and respected business leader and contributor to local government. A dedicated Councillor who served two terms as Mayor of Monash City Council, Tom was a champion for economic development and an enthusiastic EIBC board member. He had a deep love and passion for his local community.

Jessie Tait (1852-1916) was a pioneering businesswoman in Mount Waverley in the early 1900s. She is best known as the first entrepreneur to open a shop in Mount Waverley, after securing a licence to sell postal stamps. Her shop, opened in 1905, also sold newspapers, stationery and grocery items and traded until 1944.