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    Coat of ArmsMedia Release
    Minister for Innovation, Science and the Digital Economy and Minister for Small Business
    The Honourable Leeanne Enoch

    Wednesday, October 25, 2017

    Queensland's innovation hub drives collaboration to generate jobs

    Minister for Innovation, Science and the Digital Economy and Minister for Small Business
    The Honourable Leeanne Enoch

    Wednesday, October 25, 2017

    Queensland's innovation hub drives collaboration to generate jobs

    The Palaszczuk Government-funded collaboration space, The Precinct, in Fortitude Valley’s historic TC Beirne building is positioning Queensland as a global startup hotspot, according to Minister for Innovation, Science and the Digital Economy Leeanne Enoch.

    Ms Enoch, who officially opened Queensland’s The Precinct in March, said today it is encouraging startups, entrepreneurs, innovators and investors to 'succeed and shine'.

    "The Precinct is positioning Queensland as an ideal destination for startups, where the best and brightest come to transform new ideas into high growth businesses,” Ms Enoch said. “Emerging innovators and entrepreneurs have enjoyed working in this innovation hub for eight months, enabling them to forge ahead with job-creating companies.”

    The Palaszczuk Government invested $6 million from its $420 million Advance Queensland initiative to deliver The Precinct, which is home to 18 tenants including startups, investors and government agencies’ innovation teams.

    Member for Brisbane Central Grace Grace said The Precinct's ‘Stair Stadium’ event space has proven to be the heart of the Queensland startup ecosystem, by already hosting more than 170 events.

    Ms Grace said these events included Startup Weekends, pitch nights, Demo Days, GovHack events and meetups.

    “The Precinct has a dedicated ‘Regional Landing Pad’ to link Queensland’s regional startup spaces and create a statewide network of innovation to foster more entrepreneurialism in Queensland,” Ms Grace said.

    “Regional entrepreneurs can work from The Precinct in Brisbane, while remaining connected to their home region.”

    The Precinct’s foundation tenants include River City Labs, CSIRO’s Data61, eHealth Queensland, Softbank Technologies from Japan, the Open Data Institute of Queensland, One Ventures, R&R Strategic, Enigma Consolidated (formerly CyberLabs), ClipChamp, Find-Me, Airway Medical Innovations, and Myriad – who are behind Australasia’s leading technology and innovation festival.

    Queensland’s new Chief Entrepreneur, Steve Baxter, who is also based at The Precinct, said: "We've got a lot of emerging talent in the tech startup space, but we need to keep pushing them towards a global mindset.

    “Concentrating the many facets of the startup community in The Precinct will help us achieve this.”

    One Ventures Managing Partner Anne-Marie Birkill said: "Being located in The Precinct will ensure we have high visibility within the Queensland startup ecosystem as we search for exciting Queensland companies to support.”

    Advance Queensland is the Palaszczuk Government's whole-of-government suite of initiatives transforming the state's economy, creating jobs and building Queensland's reputation as a global innovation and investment destination.

    ENDS

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