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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

    Vote of confidence and new jobs in the ‘startup state’

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

    Wednesday, May 17, 2017

    Vote of confidence and new jobs in the ‘startup state’

    The Palaszczuk Government’s Advance Queensland Hot DesQ initiative continues to lure successful international and interstate startups to Queensland – and create jobs.

    Innovation Minister Leeanne Enoch said the initiative was great news for the state’s economy and local startups.

    “Hot DesQ is an Australian-first program attracting international and interstate startups to Queensland,” Ms Enoch said.

    “Hot DesQ offers everyone from early-stage and established startups to successful Australian expats the chance to base themselves in Queensland and share their knowledge, experience and ideas, and give back to the local startup community.”

    The Advance Queensland Hot DesQ initiative offers visiting startups a maximum of $100,000 equity-free funding to relocate to Queensland.

    The 25 inaugural recipients were announced last October, representing a commitment of more than $2 million.

    Hot DesQ round one recipients included startups from the United Kingdom, Israel, Brazil, Germany and Silicon Valley, in addition to domestic startups from interstate.

    “Although round one is not yet finished, we already know Hot DesQ participants have employed Queenslanders, appointed interns, attended numerous startup events, engaged university students and facilitated international business connections on behalf of other Queensland startups,” Ms Enoch said.

    “Importantly, round one recipients are committing to continuing their presence in Queensland.

    “For example, Eikonic’s founder and CEO Ingrid Rodriguez has indicated she will remain in Queensland, and will look to hire a Queensland-based Head of Corporate and Business Development, as well as Queensland-based Executive Assistant in the next six to 12 months,” she said.

    Melbourne-based Eikonic is an award-winning global research and development company that aims to improve general wellbeing through the delivery of highly innovative oral healthcare products and services.

    Ms Rodriguez said she’s “thrilled’ at the partnerships formed through Hot DesQ.

    “I’ve lived in most states in Australia and I have to say the biggest difference with Queensland is the fact the Government is so invested and leading the nation at the really early stage of innovation,” she said.

    “There is a buzz of excitement in Queensland and a proactive, supportive and collaborative attitude towards entrepreneurialism.

    “It has been an absolute pleasure mentoring the startup founders I have met, and watching their businesses grow and expand.”

    Ipswich-based CEO for Wantu, Anne-Marie Walton was mentored by Ms Rodriguez through Hot DesQ.

    “Just three examples of where Ingrid added real value to my situation were financial analysis of my business profit and loss, advice on self-branding, and guidance on communicating my business model and strategy,” she said.

    Applications for international and interstate startups to participate in Hot DesQ round two closed earlier this month.

    “Hot DesQ recipients are adding significant value to Queensland’s startup ecosystem, sharing their expertise and helping to mentor and develop new local startups and businesses,” Ms Enoch said.

    Advance Queensland is the Palaszczuk Government's $405 million whole-of-government initiative focusing on harnessing innovation to unlock business potential, grow our regions, foster new industries, and give future generations the necessary skills and knowledge for the jobs of tomorrow.

    Further information can be found at: Advance Queensland

    ENDS

    MEDIA: 0412 393 909