Ask ilab -

1 Jan 2015

ilab and UniQuest  would like to take this opportunity to address questions from UQ alumni and community about the start-up process.

If you have questions about sourcing staff, funding, marketing, business plans, product development, how ilab can help through incubation, or anything not listed here, email advancementnews@uq.edu.au. A selection of the questions will be answered in the next edition of the Alumni and Community eNews, due out in August.

Digital technologies and the internet have fundamentally changed approaches to creating new globally scalable businesses and rapid pace to market is now achievable and imperative. ilab, operating as part of UQ’s UniQuest commercialisation arm, recognises this and delivers programs and support services through its business accelerator programs.

ilab provides support to early stage, digital based companies in all industries by building their business management capabilities, fostering mentor networks for start-up founders, by provision of initial funding and by creating investor ready companies.

Business ideas can come at any stage of your career; from your undergraduates through to parents and retirees. ilab encourages and supports entrepreneurs of all ages to develop their ideas into commercial ventures.

The start-up space is increasing, with new companies and ideas going to market daily. One fundamental ingredient to the success of any venture is its ability to access seasoned and experienced mentors. ilab’s expert team provide support and advice during the vital early stage development phase of business.

ilab has incubated over 120 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. ilab provides a unique environment for start-ups to focus on fast and sustainable growth.

ilab operates with funding support from the Queensland Government, and is now extending its support startup businesses regionally across Queensland.

The strong relationship between ilab and UniQuest, The University of Queensland’s main commercialisation business, strengthens both organisations by aligning ilab’s incubation services with UniQuest’s venture creation capabilities to make best use of resources and expertise.

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