Friday, May 25th, 2012 - ilab
Brisbane, 24 May 2012:    Technology business incubator and accelerator ilab has welcomed Australian cloud computing and storage company, Ninefold, to its growing list of program partners.

Ninefold will provide Cloud Booster packs (free cloud computing services) to all participants in ilab’s recently launched ‘Germinate’ program.

UniQuest Managing Director, David Henderson, said the sponsorship was a valuable addition to the range of new services ilab has to offer Queensland technology-driven start-up companies.

“Ninefold, ilab, and UniQuest share a passion for driving innovation-based ventures, and having a great company like Ninefold working with us is a real endorsement of ilab’s new approach to supporting emerging Queensland enterprises,” Mr Henderson said.

Ninefold Chairman and Co-founder, Peter James, said the flexibility of Ninefold’s cloud services was a good match for the needs of ilab incubatees.

“Ninefold the Australian Cloud Technology company is proud to support ilab and its early stage high-tech companies and entrepreneurs. The ilab Technology Accelerator and Business Incubator will create investor-ready Queensland and Australian companies which are well-positioned to successfully compete on the world stage. Ninefold is pleased to play its part in this venture,” Mr James said.

Expressions of Interest are now invited from candidates interested in ilab’s 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.

More information about the program, including the Ninefold Cloud Booster pack offer, can be obtained by visiting http://www.ilabaccelerator.com or contacting ilab Program Director Leigh Angus on 0488 411 206 or via email: [email protected]

Contact Profile

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 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.

About 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

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 4e037
email: [email protected]
website: http://www.ilab.com.au
Leanne Wyvill
P: 07 3365 4037
M: 0409 767 199
W: www.ilab.com.au

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ilab has welcomed Australian cloud computing and storage company Ninefold

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