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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

    Deep pocket investors hit Queensland’s Myriad Festival

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

    Thursday, March 30, 2017

    Deep pocket investors hit Queensland’s Myriad Festival

    MYRIAD EVENTS MAY CHANGE CONTINGENT ON WEATHER

    International investors with deep pockets looking to finance Queensland innovations will converge on Brisbane for the first full day (Thursday) of the Myriad Festival.

    Opened by Treasurer and Minister for Trade and Investment Curtis Pitt last night, the Myriad Festival at Brisbane’s Powerhouse will connect regional Queensland innovators, businesses and entrepreneurs with global investors managing $10 billion.

    Mr Pitt said 2000 people were expected to participate in the three day event which is the sequel to the successful 2016 Advance Queensland Innovation and Investment Summit.

    “A key to ensuring Queensland’s future prosperity is the ability to turn our big ideas into action. In a rapidly changing world, it is our know-how that is our biggest asset,” he said.

    Today’s Myriad program includes presentations by Google Play’s Head of Apps for Western Europe Tamzin Taylor, 2016 Telstra Queensland Business Women’s Entrepreneur Award winner Patrice Brown, and Australian Securities Exchange (ASX) Business Development Manager Josh Collard.

    The program also includes a panel discussion on what it means to be an Australian startup or entrepreneur, and Ally Watson from Code like a Girl will discuss her career journey in tech.

    Innovation Minister Leeanne Enoch said the Palaszczuk Government is committed to diversifying the State’s economy and showcasing Queensland innovations to international investors.

    “It’s about bringing international investors to our town and showing them the great innovation our state has to offer,” Ms Enoch said.

    “Myriad will connect our Queensland entrepreneurs with investors and venture capitalists from all parts of the globe.

    “Technology startups will help support more than half a million knowledge-based jobs of the future by 2033, which will further enable research and innovation, and drive productivity.”

    The event is being delivered by Myriad Live in partnership with the $405 million whole-of-government Advance Queensland initiative, which is designed to support jobs by encouraging innovation and collaboration across industry.

    The Palaszczuk Government’s Advance Queensland initiative has funded more than 120 startups and small-to-medium enterprises from regional and rural Queensland to attend the festival and showcase their products and ideas to a global network of experts.

    Myriad co-founder Murray Galbraith said: “When you consider ground-breaking Australian innovations such as Google Maps, spray-on skin, Wi-Fi and the bionic ear, clearly innovation in this country is punching well above its weight.

    “Australia has a major opportunity to commercialise its innovation so when we approached the world’s biggest venture capital firms they jumped at the chance to visit Queensland and discover the next big thing. The Myriad movement will create dynamic connections across the world.” 

    San Francisco-based entrepreneur and Myriad guest speaker Audrey Melnik added: “Australia has a rare opportunity to capitalise on the upheaval that is happening in the world today. I'm looking forward to discussing and ideating how we can maximise this opportunity."

    Other Myriad speakers over the next two days will include Rui Ma (Silicon Valley/China cross-border investor), Ben Johnston (founder Josephmark), Josh Constine (Editor-at-Large, Techcrunch), Niki Scevak (Managing Director of Blackbird Ventures), Jamie Whincup (six time V8 Supercar champion) and Yiying Lu (creative director at 500 Startups).

    Myriad, which kicked off with an opening spectacular last night, continues over the next two days at the Brisbane Powerhouse.

    Visit Advance Queensland for more information on Myriad Festival.

    ENDS

    MEDIA 0412 393 909