Monday, April 30th, 2012 - UniQuest Pty Limited
Queensland incubator for tech-driven start-up companies, ilab, opens its doors to new premises and programs on Monday 30 April 2012.

The official opening of the new offices at Long Pocket (near Indooroopilly) by The Honourable Ros Bates MP, Queensland’s new Minister for Science, Information Technology, Innovation and the Arts, coincides with ilab becoming an operational unit of UniQuest Pty Limited, the main commercialisation company of The University of Queensland.

UniQuest Managing Director, David Henderson, said ilab will continue to provide a comprehensive range of services to support a wide range of new technology-driven enterprises, not only those based on UQ research.

“Business incubation is a valuable service that both ilab and UniQuest have provided to start-up ventures for many years, and there are significant benefits to be gained from bringing ilab under the UniQuest banner to support new Queensland businesses,” he said.

“As well as the traditional office space and mentoring-type incubator services, ilab will also introduce innovative networking, education and funding programs for supporting high-growth start-up companies, similar to a number of proven initiatives from around the world, as well as some new packages currently unavailable through other Australian business incubators and accelerators.”

The first initiative is a Germinate Program, which offers competitive grants of up to $20,000 for Queensland entrepreneurs with business concepts or early technologies to commence Minimum Viable Product (MVP) development and marketing.

“The Germinate Grants aim to give appropriate financial and practical support to local start-up ventures with high growth potential ,” Mr Henderson said.

UniQuest has appointed Leigh Angus as Program Director, working with UniQuest Technology Commercialisationi Group Manager, David Israel, to implement the new business model.

“With continued support from the Queensland government, and access to UniQuest’s resources and networks, ilab will be offering a broader range of very practical, very focused services to help new technology start-ups achieve their goals at each stage of their development,” Ms Angus said.

“We’re very excited about this venture and look forward to playing a significant role in the growth of new tech-driven enterprises in Queensland.”

Ms Bates will be joined by The University of Queensland’s (UQ) Vice-Chancellor and President, Professor Debbie Terry, to launch these latest developments for ilab.

The first intake of incubatee companies at the new premises will be welcomed in June this year. Details for Germinate Program applications are available now on the ilab website.

About ilab Program Director Leigh Angus B.Bus, GDipEd, MSocSc, GCertEng, GAICD

Leigh has more than 15 years’ experience in marketing and business development for IT companies in Argentina, Israel and Australia. She worked as Business Development and Marketing Manager for WizApp, an Israeli start-up company developing website design applications. She then took up a Marketing Manager role at KP Electronics in the north of Israel, where she was responsible for developing new business, managing partner agreements, and providing marketing support for the dealer channel across Asia Pacific and Western Europe.

In 2004, Leigh returned to Australia to work for Canon Australia as Market Development Manager, where she created industry marketing and engagement programs for Canon’s 200 account managers and national dealer channel. In collaboration with Canon’s neighbouring R&D centre, CISRA, and third party software partners, Leigh led a number of successful initiatives to align Canon’s business product and services to major industry sectors within Australia and New Zealand. She is the co-founder of Wizzyboard, a start-up developing technology for augmenting online games and toys to touchscreen devices.

Leigh joined UniQuest in early 2008 as a Manager of Innovation and Commercial Development at the University of Technology, Sydney. She has relocated to Brisbane to become ilab’s inaugural Program Director.
About ilab

ilab was established by the Queensland Government in 2000 to support early stage, high-tech companies through the first few years of development by building their business management capabilities, fostering mentor networks for start-up founders, creating investor ready companies, and graduating companies with increased chances of success. ilab has incubated over 100 start-up companies and helped then them raise over $70 million in grant and investment capital to fund their growth and generate nearly 400 technology jobs. UQ Holdings Pty Ltd, a wholly owned subsidiary of The University of Queensland (UQ), acquired ilab in 2009. With continued funding from the State Government, ilab has become an independent division of another UQ Holdings subsidiary, UniQuest, with its own funding, staffing and management structure.

CONTACTS:

Leanne Wyvill
phone: +61 7 3365 4037
mobile: +61 409 767 199
fax:+61 7 3365 4433
email: [email protected]
website: http://www.uniquest.com.au

Leigh Angus
phone: +61 7 3365 4037
email: [email protected]
website: http://www.ilab.com.au

Contact Profile

UniQuest Pty Limited


Established by The University of Queensland in 1984, UniQuest is widely recognised as one of Australia’s largest and most successful university commercialisation groups, benchmarking in the top tier of technology transfer worldwide. From an intellectual property portfolio of 1,500+ patents it has created over 70 companies, and since 2000 UniQuest and its start-ups have raised more than $450 million to take university technologies to market. Annual sales of products using UQ technology and licensed by UniQuest are running at $3 billion. UniQuest now commercialises innovations developed at The University of Queensland and its commercialisation partner institutions: the University of Wollongong, University of Technology Sydney, James Cook University, University of Tasmania, Mater Medical Research Institute, and Queensland Health. UniQuest also provides access to an expansive and exclusive network of independent academics to tailor a consulting or project R&D solution to meet the diverse needs of industry and government, facilitating some 500 consulting, expert opinion, testing, and contract research services each year. UniQuest is also a leading Australasian provider of international development assistance recognised for excellence in technical leadership, management and research. Working with agencies such as AusAID, NZAID, the Asian Development Bank and the World Bank, UniQuest has developed and implemented more than 400 projects in 60+ countries throughout the Pacific, South-East Asia, the Indian sub-continent and Africa. www.uniquest.com.au
Leanne Wyvill
P: +61 7 3365 4037
M: +61 409 767 1993
W: www.uniquest.com.au

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Queensland incubator for tech-driven start-up companies launches new premises and programs

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