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Why regions must be part of Brisbane’s New World City mission

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My business Little Tokyo Two and the State Library of Queensland created a “Business Studio” about 12 months ago with an intention to fit the gap between having an idea and deciding to start it – essentially a feeder to the rest of the ecosystem. 

That collaboration led to similar agreements with other Queensland libraries, creating a network of  free spaces. 

The Gold Coast is an important part of helping Brisbane become a "new world city". The Gold Coast is an important part of helping Brisbane become a “new world city”. Photo: iStock

This model motivates people to kickstart their ideas, and provides a supportive system and resources to validate it.

Once they’ve validated their ideas through the support provided, they can move on to structured programs and spaces that can provide them with the contacts and resources they need to progress to the next stage.

Toowoomba's fast-growing economy is another important link in the startup eco-system. Toowoomba’s fast-growing economy is another important link in the startup eco-system. Photo: Robert Shakespeare

The first seven regions to be targeted with the State Library of Queensland Business Studio style model are Brisbane, Ipswich, Toowoomba, Gold Coast, Logan, Moreton Bay and the Sunshine Coast.

Seven industry verticals – health, education, travel & tourism, agriculture, FinTech, smart city and resources – can now be tied to each region as a focus.

Thus, if high-quality space providers are linked with high-quality program providers, with high-quality expert advice, and high-quality scaling partners such as Flight Centre, Heritage Bank and Technology One (local and large Zebras) the south east Queensland region will be incredible.

The last piece of the puzzle is a platform that links the ecosystem together and provides relevant data.

Ipswich's population is tipped to increase by 4.2 per cent. Ipswich’s population is tipped to increase by 4.2 per cent. Photo: Must Do Brisbane

This helps form a chain between each of the key stakeholders in the ecosystem, from school to enterprise.

By doing this, not only do we as one, empower the ecosystem – we provide the perfect platform to effectively invest smart money into those who need it.

  • Young businessperson of the year 2016 Jock Fairweather is a man many see as the future of Brisbane’s business ecosystem as it moves to become a “New World City”. At 27, he calls himself “el capitano” of Little Tokyo Two, the company managing space at The Capital, a hub for startup businesses which opened early this year with the support of $5 million of ratepayers’ money. In this, the second of a three-part series, the city’s innovation “captain” puts his thoughts on the line to explain how he thinks Southeast Queensland can be the next centre for global startup enterprise.

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