MIT comes back to Queensland

Posted on Posted in PwC Chair in Digital Economy
Arun Sharma, QUT Deputy Vice-Chancellor, will champion a team made up of QUT, government and industry participants in the Massachusetts Institute for Technology (MIT) Regional Entrepreneurship Acceleration Program (REAP). As only one of two Australian regions to be accepted into the program, this program, which facilitates regional economic development and social progress through innovation-driven entrepreneurship (IDE), indicates another step into advancing Brisbane and Queensland into an innovation and entrepreneurial-driven economy. 

Innovation Minister Leeanne Enoch said Queensland’s acceptance into the program was an opportunity for the state to learn from and work with the best in the world to build its reputation as an innovation destination.

“Through participation in MIT REAP, Queensland will further transform our state into a global technology-enabled innovation hub for mining, agriculture and environment,” Ms Enoch said.

“We are developing an innovation-led economy which builds on our natural strengths, and this program provides us a seat at the table with global innovators and thought leaders.”

Vice-Chancellor Peter Coaldrake said QUT had cultivated investment in innovation and entrepreneurship, and collaborations with MIT were extremely positive steps to meet the demands of a rapidly changing world. QUT’s participation in REAP builds in the success of hosting the MIT Global Entrepreneurship Bootcamp in March 2017. QUT has been selected to host the 2018 MIT Bootcamp, which will focus on building technology enabled innovative solutions for the agricultural, mining, and environmental sectors of the economy.
QUT’s engagement with MIT through these programs is supported by Advance Queensland.