News & Analysis

Gold Coast’s Bond University opens coworking space The Hub for startups and student entrepreneurs

- June 16, 2016 2 MIN READ

The Gold Coast’s Bond University has today opened up The Hub, a coworking space for startups and entrepreneurs, in the Bond Business School, looking to facilitate cross-faculty and interdisciplinary collaboration.

Assistant Professor Baden U’Ren, director of the Bond Business Commercialisation Centre, said The Hub will be Bond’s headquarters for innovative students, academics, alumni, and visiting entrepreneurs, providing the perfect working space for startups “to form, storm, norm and perform.”

“We’ve visited, and drawn inspiration from, some of the world’s most innovative and successful startup spaces – Stanford’s d.school, Rocketspace, the Cambridge Innovation Centre – they’ve all influenced the design of the space,” U’Ren said.

“Over the past few years, Bond has established itself as a major centre of innovation on the Gold Coast, and with the launch of The Hub, we now also have a best-in-breed coworking space.”

The opening of The Hub comes after Bond University was named the Gold Coast host for the Advance Queensland Hot DesQ program, an initiative looking to encourage interstate and global startups to relocate to Queensland.

With The Hub to serve as home for the startups basing themselves on the Gold Coast, U’Ren said the university is the perfect breeding ground for young and international entrepreneurs thanks to its own Bond Business Accelerator and links to the local startup community.

“Our students will also benefit from having a direct connection to cutting-edge business and thought leaders from all over the world, and the opportunity to gain insight, work experience and internships with these aspirational new businesses,” he added.

The $8 million Hot DesQ program is just one part of the Queensland government’s global push. The government announced a further $225 million in funding for its Advance Queensland initiative in the state budget earlier this week, with growing opportunities in the tourism space and attracting international entrepreneurs to the north a key focus.

The government will be giving $6 million to regional innovation hubs, with a further $10 million for the Cairns Innovation Centre at James Cook University, and $33.5 million for Advance Queensland: Connecting with Asia, a tourism package aiming to grow jobs in regional Queensland by highlighting the state’s proximity to Asia.

Premier Annastacia Palaszczuk said, “We know tourism is a key industry for Queensland, and we will work to secure more international air routes, create innovative tourism products, and drive digital connection.”

The opening of The Hub also comes just a few months after the opening of another regional coworking space, Fire Station 101 in Ipswich.

Opened with the support of the Ipswich City Council, the job of the hub is to provide a landing pad for local startups and facilitate conversation between entrepreneurs and industry leaders to help create jobs in Ipswich and products that can be exported and scaled.

Image: The Hub. Source: Supplied.