University announces partnership with the Nasdaq Entrepreneurial Center

October 15 / 168

Australia's next generation of entrepreneurs to benefit from global agreement
Australia's next generation of entrepreneurs to benefit from global agreement


Australia’s next generation of entrepreneurs will be able to connect with a global entrepreneurial ecosystem of industry experts, mentors and resources under a partnership reached between the University of Melbourne and the Nasdaq Entrepreneurial Center.


The partnership, facilitating student exchange, alumni networking, and future program development, was announced last night at the official opening of the 13,000 square-foot, ultra-modern Entrepreneurial Center in San Francisco’s South Financial District.


“The Center’s mission is to deliver the best educational programs and mentorship to help develop entrepreneurial talent and innovation not just in the U.S., but globally,” said Bruce Aust, Vice Chairman, Nasdaq and President, Nasdaq Entrepreneurial Center.


Established by the Nasdaq Educational Foundation as a non-profit organisation, the Center is focused on fostering a thriving start-up community representing all industries. “The Asia-Pacific region plays an important role in the global economy and we are delighted to begin this exciting partnership with the University of Melbourne to provide resources to future leaders from the region who are ready to take full advantage of our offering,” Mr Aust said.


The University’s Melbourne Accelerator Program (MAP), was recently voted thirteenth in the world and this agreement with the Nasdaq Entrepreneurial Center is a step in allowing this entrepreneurial culture to expand, Vice-Chancellor Glyn Davis said.


 “Entrepreneurship at Melbourne is the seed that is driving a rapidly expanding innovation eco-system and start up culture across our University and in this city.


“In 2016 a dedicated Masters in Entrepreneurship will commence at the University of Melbourne and this partnership with the Nasdaq Entrepreneurial Center is a global step to allow this thriving entrepreneurial culture to further grow. It ensures both our students and alumni will be inspired and immersed in a global epicenter of entrepreneurship that is San Francisco,” Professor Davis said.


“A conveyor belt of companies from biotech to digital is emanating from Melbourne with over 120 jobs and over $5 million (AUD) in revenue generated by MAP start-ups since 2012,” said Rohan Workman, Director of the Melbourne Accelerator Program (MAP).  


“This agreement with the Nasdaq Entrepreneurial Center provides a global stream of inspiration and knowledge for Australia’s next generation of entrepreneurs.” 


Story by David Scott

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