CIM NEWS MAGAZINE Issue 2 2017 | Page 25

Start me up Brisbane is looking to become a startup hub, with Queensland’s biggest startup precinct opening in Fortitude Valley’s TC Beirne building. Minister for Innovation, Science and the Digital Economy Leeanne Enoch says the government- backed The Precinct will encourage a new wave of startups and position the State as an attractive investment destination. “The latest Startup Muster Annual Report shows that our State has increased its share of Australian startups from 16.5 per cent in 2015 to 19.3 per cent in 2016,” says Enoch. “We have overtaken Victoria and Queensland now has the second largest number of startups in the nation, behind only New South Wales.” The Precinct’s foundation tenants include River City Labs, Data 61, eHealth Queensland, Softbank Technologies from Japan, the Open Data Institute of Queensland, One Ventures, R&R Strategic, CyberLabs, ClipChamp, Find-Me, Airway Medical Innovations, Myriad and the Office of the Queensland Chief Entrepreneur. River City Labs founder and Transition Level Investments CEO Steve Baxter says there is a lot of emerging talent in the tech startup space. “But we need to keep pushing them towards a global mindset. Concentrating the many facets of the startup community in The Precinct will help us achieve this,” he says. One Ventures general partner and executive director Anne-Marie Birkill says being located in The Precinct will ensure the company has high visibility within the Queensland startup ecosystem as it searches for “exciting Queensland companies” to support. “Recent studies from the United States estimate that more than a fifth of US gross domestic product was provided by companies that were helped to maturity by venture capital funding,” she says. NEXT LEVEL EVENTS 1 2 3 4 5 NEXT LEVEL VENUE As the World’s Best Convention Centre we tick all the boxes Named the World’s Best Convention Centre by the International Association of Congress Centres (AIPC). Brisbane, Australia’s city to watch. Edgy new hotels, bars and restaurants. Rated the Best Food and Beverage of any international centre (AIPC). World-class. Outstanding conference spaces, priced just right. Cutting edge. A free personalised conference app created just for you. Right in the heart. A unique cultural, entertainment and parkland precinct. Knowledge and research hub. Home to one of the largest medical research institutes in the southern hemisphere and three of Australia’s leading universities. Let’s talk. Call 07 3308 3063, email [email protected] or visit bcec.com.au Owned by South Bank Corporation. Proudly managed by AEG Ogden. www.cimmagazine.com   Convention & Incentive Marketing, Issue 2, 2017  25