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02 March 2017 Posted by 

SUPPORTING ENTREPRENEURS

Seven start-ups in pop-up incubator

By Red Dwyer

THE pop-up Macquarie University Business Incubator had seven start-ups on its books prior to its official launch.

The incubator, open to entrepreneurs and start-ups looking to turn their ideas into a thriving business, was developed thanks to a $1M grant from the NSW government’s Boosting Business Innovation Program.

“We’ve already seen some great success stories from within our incubator,” said John Shi-Nash, director of the incubator

“In fact, we have one company, Avoy, that has just achieved market breakthrough after conceptualising their idea in the incubator last year.”

“Starting a business can be one of the hardest projects for someone to embark upon,” said Andrew Cipollone, Avoy’s managing director.

“Being able to work in the incubator, within a supportive community with like-minded people has been of the most helpful aspects of this journey.”

Later this year the university expects to launch a range of entrepreneurial training programs that will help participants gain a deeper understanding of what it takes to be an entrepreneur and the steps they need to take to achieve commercialisation.

The university expects to replace the pop-up incubator by a permanent structure in August with the capacity to seat up to 50 people.

 



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