Ahead on start-ups

Ahead on start-ups

11/27/13 10:44 AM

UNSW leads Australian universities in the number of graduates who have founded technology start-ups in the last 15 years, a new US-based analysis reveals.

CrunchBase, a leading authority on technology start-ups, has published an analysis ranking universities based on the number of graduates who have founded or co-found tech companies.

Running the analysis for Australian universities shows UNSW leads the field with 16 founders or co-founders – the majority of whom are computing and electrical engineering graduates.

“For most of our students, the world of entrepreneurship is certainly in reach and an option we try to encourage and foster,” says Associate Professor Maurice Pagnucco, Head of the School of Computer Science and Engineering.

“It’s one of the most exciting things about computing,” he says. “If you have the skills and the passion, all you really need is an Internet connection and a creative idea.”

“We’re really proud of the network of UNSW alumni who have pursued their business dreams, and they continue to inspire and mentor our current students.”

UNSW’s School of Computer Science and Engineering started an incubator program in 2011, which provides rent-free space for six months to student start-ups.

The University’s commercialisation company, NewSouth Innovations, has also kick-started a student enterprise division designed to help start-ups and student innovators.

CrunchBase is a free database of technology companies, entrepreneurs and investors, which is powered by an online community of readers.

Its analysis was focused on ranking US college programs and looked at 6,150 entrepreneurs from 4,885 companies, and only included people who had their higher-education information listed.

In Australia, UTS had the second most graduates with seven, and five other universities had six graduates listed as company founders.

On Wednesday August 21, UNSW will host its fifth start-up expo where young companies have the opportunity to pitch their business ideas.

Media Contact: Myles Gough, UNSW Media Office, 02 9385 1933


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