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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

    Co-working space fosters next generation of entrepreneurs

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

    Tuesday, July 04, 2017

    Co-working space fosters next generation of entrepreneurs

    Innovation Minister Leeanne Enoch is confident Queensland’s next generation of entrepreneurs will take the state’s innovation sector to new heights.

    Visiting the UQ Idea Hub at the University of Queensland in Brisbane today (Tuesday), Ms Enoch said Queensland’s young aspiring entrepreneurs had great potential to grasp opportunities and deliver new jobs and businesses to the local economy.

    “Students at the University of Queensland can dream big in the Idea Hub, a co-working space to collaborate and transform their ideas into high growth businesses,” Ms Enoch said.

    “The hub is a newly created initiative that connects young innovators with mentors, and provides workshops and learning experiences to entrepreneurially-minded students.

    “Queensland has some of the best and brightest minds, and it’s important we have co-working spaces where young aspiring entrepreneurs can collaborate and transform their ideas into reality.

    “Some of these bright minds include Backyard Coach who recently took part in the Advance Queensland Young Starters’ Competition and owe their success to the UQ Idea Hub program where they gained the practical skills and knowledge needed to conceive a startup,” she said.

    Delivered over six weeks, the program equips student entrepreneurs with hands-on experience in ideation, technology choices, prototyping, market validation and business modelling – all designed to help progress ideas to a prototype stage ready for market testing and validation.

    The UQ Idea Hub started as a small pilot in 2015 by Professor Simon Biggs, Executive Dean of Engineering, Architecture and IT, and was officially launched in March this year by Queensland Chief Entrepreneur Mark Sowerby.

    “There is going to be a tsunami of entrepreneurs and startups coming out of Queensland - I’ve seen it,” Mr Sowerby said.

    “Co-working spaces are often where they start as they bring together entrepreneurs with mentors and those that have been there before, all under the one roof, so they can learn from each other, don’t repeat the same mistakes and just get stuff done.”

    More than 600 students have completed the program to date, with over 70 students currently working in small teams to get their innovative ideas off the ground.

    Director of the UQ Idea Hub Nimrod Klayman said there will be many opportunities for bright young people with a creative mind to see their ideas transform into real products and services.

    “We started Idea Hub to provide students with an early-stage introduction into the world of innovation and entrepreneurship, helping foster a new generation of entrepreneurs who will be able to contribute to the success of Australia’s startup ecosystem,” Mr Klayman said.

    The UQ Idea Hub is open to all UQ students and UQ alumni who have graduated in the past 10 years.

    To apply, or for more information about UQ Idea Hub, visit https://ideahub.uq.edu.au/home

    ENDS

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