UniQuest, the tech transfer unit of the University of Queensland, has announced that its incubator ilab has won approval from the Australian Government, which has agreed to provide funding to support its operations.

The backing will be used to continue ilab’s Germinate programme, which has so far invested nearly $300k over 19 new firms and supported an additional 17 with its resources and mentorship.

Additionally, the tech transfer office announced that it has reached an agreement with Artesian Venture Partners…

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