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Queensland beckons next wave of global start-ups

Holly Morgan | April 28, 2017
The Palaszczuk Government is offering AU$100,000 to those start-ups that will relocate.

"His experience from Silicon Valley and Israel's startup community has been hugely helpful as it's helped me see the bigger picture and the number of extra zeros you should be aiming for as revenue," Price said.

"Having access to international expertise has been invaluable and is boosting the start-up ecosystem in Queensland - a real game-changer for the state and something the start-up community really needs," he said.

According to Enoch, the start-ups have successfully set up shop and were already advancing their work in fields such as tourism, artificial intelligence, mechatronics and robotics, and health.

"The expertise and international connections these startups bring to our local start-up sector are invaluable. One Hot DesQ recipient, fintech startup FlowPay, arrived in Queensland from Silicon Valley in January and has employed a Brisbane-based developer to join the team."

"Another recipient, adventure tourism startup Much Better Adventures, relocated from London in February, and by the end of March had employed an additional full-time local team member," she said.

"Hot DesQ recipients are adding significant value to Queensland's startup ecosystem, sharing their expertise and helping to mentor and develop new local start-ups and businesses," she added.

Source: ARN


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