University of Adelaide has launched its incubator that is expected to house 50 startups by the end of the month.
University of Adelaide has launched its incubator ThincLab that will welcome spinouts and startups, with priority given to the former, according to the Advertiser.
The incubator is expected to welcome a total of 50 businesses by the end of the month, with companies using a mix of permanent space and hot desks.
The incubator, located next to the university’s business school and the Entrepreneurship Commercialisation and Innovation Centre (ECIC), will also offer access to the TechLab Maker Space, which is equipped with 3D printers, and ECIC’s Australian eChallenge competition.
In fact, the incubator grew out of the university’s existing work through Australian eChallenge.
Companies already given a space at the incubator hail from a wide range of sectors, including healthcare, agriculture, aerospace, automotive engineering, environment, energy, gaming and food and drink.
Mike Brooks, deputy vice-chancellor, said: “This is a like a central node within a network of commercialisation, startups, entrepreneurial catalysts for really getting the university’s research out.
“We will have in here entrepreneurs and industry players who can really guide our academics about how to take their work forward.”
