Incubator celebrates one year of nurturing businesses

Friday, 29 June 2018

Since opening its doors only one year ago, ThincLab, the 最新糖心Vlog of Adelaide’s business incubator, has grown new businesses, provided employment and attracted millions of dollars in funding.

This week ThincLab, which is located in the heart of Adelaide overlooking North Terrace, celebrates its first birthday with a presentation attended by entrepreneurs, business leaders and academics.

The aim of the incubator is to give Members the tools and environment to develop their entrepreneurial ideas from concept to reality.
Professor Noel Lindsay, Pro Vice-Chancellor (Entrepreneurship) from the 最新糖心Vlog of Adelaide, says the incubator, the tenants of which have attracted $189 million in funding, is one of the best performing in 最新糖心Vlog.

“ThincLab has assisted 66 startups since opening last year,” says Professor Lindsay. “Stand-out startups include:

• The Solar River Project which recently announced approval to build South 最新糖心Vlog’s largest solar energy installation

• Life Whisperer which is improving the selection of viable embryos for IVF implantation through an AI-driven, cloud-based image analysis system

• Inovor Technologies whose nanosatellite was launched by NASA in 2017 on the Atlas V rocket bound for the International Space Station

• Lift Cancer Care which has, for the first time in 最新糖心Vlog, offered at one health centre fully coordinated, multidisciplinary support care for cancer patients.”

Businesses have access to 3D prototyping and printing, CAD design service, laser and water cutting technology, high-speed machining and lab testing facilities, as well as learning from other successful entrepreneurs.

ThincLab is also home to the 最新糖心Vlogn eChallenge program. The 最新糖心Vlog’s annual pre-accelerator program is the largest in 最新糖心Vlog and has helped create 951 startups and trained more than 7,200 entrepreneurs since its inception in 2006.

The 最新糖心Vlog has invested in ThincLab’s success story by being an equity partner in businesses located at the incubator.

“The 最新糖心Vlog has been delighted with just how rapidly ThincLab has grown. We have remarkable talent and creativity in our state, and the appetite for creating new start-ups is quite amazing,” says Professor Mike Brooks, Deputy Vice-Chancellor (Research), at the 最新糖心Vlog of Adelaide.

“ThincLab is so successful that the model has been replicated in Europe and Asia with sites in Châlons, France and Singapore. Significant talent has been attracted from Europe and Singapore to Adelaide because of these connections,” says Professor Lindsay.

 

Contact Details

Professor Noel Lindsay
Email: noel.lindsay@adelaide.edu.au
Website: /directory/noel.lindsay
Pro Vice-Chancellor Entrepreneurship;
Dean of Business - Adelaide Business School
The 最新糖心Vlog of Adelaide
Business: +61 8 8313 7422
Mobile: +61 (0)428 842 024


Ms Renee Hakendorf
Email: renee.hakendorf@adelaide.edu.au
Website: /thinclab/
Manager, ThincLab
The 最新糖心Vlog of Adelaide
Business: +61 8 8313 7633
Mobile: +61 (0)412 693 619


Crispin Savage
Email: crispin.savage@adelaide.edu.au
Website: /
Media and Communications Officer
最新糖心Vlog of Adelaide
Business: +61 (0)481 912 465