{"id":41940,"date":"2023-10-20T15:17:34","date_gmt":"2023-10-20T15:17:34","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/queensland-government-injects-a-further-6-million-into-regional-startups-startupsmart\/"},"modified":"2023-10-20T15:17:34","modified_gmt":"2023-10-20T15:17:34","slug":"queensland-government-injects-a-further-6-million-into-regional-startups-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/queensland-government-injects-a-further-6-million-into-regional-startups-startupsmart\/","title":{"rendered":"Queensland government injects a further $6 million into regional startups – StartupSmart"},"content":{"rendered":"
The Queensland government will inject a further $6 million into driving startup activity and entrepreneurship in regional areas.<\/p>\n
The funds will be distributed through Advance Queensland\u2019s Regional Innovation Hubs program, which aims to support, leverage and connect innovative businesses bubbling on its outskirts.<\/p>\n
Queenland innovation minister Leeanne Enoch says the funding is part of the government\u2019s plan to kick-start entrepreneurial activity right around the state.<\/p>\n
\u201cInnovation is not something that only happens in cities and by people in lab coats in research institutions and universities,\u201d Enoch says.<\/p>\n
\u201cInnovation happens in the regions every day, from small businesses offering new services, to farmers introducing new practices, to doctors using technology to reduce patient waiting times.\u201d<\/p>\n
The announcement increases the program\u2019s funding to $7.5 million in total and in coming weeks the government will run a series of consultations to gain direct input from regional communities on the resources they actually need.<\/p>\n
Shark Tank investor Steve Baxter says this is an important investment for a state where, unlike anywhere in else Australia, more people live in regional areas than its city centres.<\/p>\n
\u201cThere are very strong regional areas up and down the coast,\u201d Baxter tells StartupSmart.<\/em><\/p>\n \u201cQueensland provides so much for Australia\u2019s economy – every area has its own industry and is exceptionally efficient.\u201d<\/p>\n To help regional businesses thrive, Baxter says innovative entrepreneurs and startups need to play a critical role.<\/p>\n \u201cWe have the cleanest coal in the world, we have tourism, 100% of the Great Barrier Reef is in Queensland, people in Queensland pay that price, we have one of the most efficient gas producers, there\u2019s a lot of uranium and we have farms,\u201d he says.<\/p>\n To make these sectors more efficient, he says programs like the Regional Innovation Hubs must encourage market players to create and take advantage of new solutions, products and services.<\/p>\n \u201cInnovation without entrepreneurs is just a hollow nothing,\u201d Baxter says.<\/p>\n \u201cChange and activity has to be led by businesses and the most nimble are the smaller ones led by entrepreneurs.<\/p>\n \u201cThe package should prioritise and encourage entrepreneurs to do things better and the way they do that is with innovation.\u201d<\/p>\n Streets Movement Organisation founder Jesse Martin works with Indigenous youth and says the funding will be very helpful in addressing some of the major challenges regional entrepreneurs face in access to networks, investment and idea exposure.<\/p>\n \u201cThere are many promising innovations coming out of Queensland today with not only the technologies, industry and agriculture market represented in relation to this equation but also social enterprise and community development opportunities,\u201d Martin tells StartupSmart. <\/em><\/p>\n \u201cIdeas including innovation towards social services and the way in which mental health, employment and training pathways as well as sustainable and substantive community development options are just some of the areas in which current innovation are being pushed within these regions.\u201d<\/p>\nRemoving the barriers for regional entrepreneurs<\/h3>\n