16 May 2018
Four new innovative clean energy start-ups are the first to benefit from a new working relationship between the Clean Energy Finance Corporation (CEFC) and clean energy business accelerator EnergyLab, with additional support from the Queensland government.
EnergyLab has announced the opening of its first Brisbane base, offering accommodation, financial and mentoring support to the start-up companies.
The new office is co-located with the CEFC, as part of its goal to accelerate investment in Australian clean energy innovators.
The Queensland government is providing an additional $400,000 in operational funding, as part of its Advance Queensland Biofutures 10-Year Roadmap and Action Plan.
CEFC Innovation Fund Executive Director Ben Gust said EnergyLab’s expansion to Brisbane was a welcome boost to the clean energy innovation sector in Queensland.
“Accelerators such as EnergyLab play a critical role in helping start-ups accelerate their pathway from innovation to commercialisation,” Mr Gust said.