Finalist

Entrepreneurial Leadership Team of the Year Award

Team QUT: Collaborative Entrepreneurial Leaders

Finalist Entrepreneurial Leadership Team of the Year Award

QUT (Queensland University of Technology) - Australia

"Entrepreneurship for the real world"


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Summary

At Queensland University of Technology (QUT), entrepreneurship is a catalyst for transformation. The cross-university team of seven visionary leaders drives a bold agenda that embeds entrepreneurship into the fabric of QUT’s teaching, research, and engagement, delivering tangible real-world economic and societal impact. The team comprises: Professor Robina Xavier (Provost); Professor Rowena Barrett (Pro Vice-Chancellor, Entrepreneurship and Regional Innovation); Dr Erin Rayment (Chief Commercialisation Officer); Professor Cameron Newton (Deputy Dean, Faculty of Business and Law); Associate Professor Glen Murphy (Director, QUT Entrepreneurship); Ms Kate Taylor (Director, Office of Industry Engagement); and Dr David Herold (Entrepreneurship Study Area Coordinator). With light-touch, ambidextrous leadership, the team activates opportunity across QUT’s entrepreneurial ecosystem. Around 25% of QUT’s 50,000 students engage in entrepreneurial activities annually, supported by a dynamic mix of curricular (Diploma in Entrepreneurship, Entrepreneurship and Innovation major) and co-curricular incubation and acceleration programs (Side Hustle, Growth Lab, Innovation Catalyst, Amplify+) delivered across faculties and through QUT Entrepreneurship. These programs, events and mentoring foster a dynamic entrepreneurial culture where ideas are transformed into actionable outcomes. QUT backs more than 150 ventures each year, offering initiatives like quarterly Commercialisation Club, monthly Pitch Night, Wednesday How to’s and the annual Excolo! Pitching Challenge with AUD200K in prizes to support and encourage staff and students. Entrepreneurial mindsets are cultivated through high school engagement at events like the Future You Summit and regionally in the Queensland Connects program. Strategic partnerships with global leaders—MIT, BMW, CISCO, TUM—extend QUT’s reach and influence. Team QUT operates with a spirit of collaboration, excellence, and continuous innovation. Each team member works individually and collectively to ensure QUT remains a national leader in entrepreneurship and a driving force in Australia’s innovation economy. Success is shown by producing highly employable graduates, award-winning alumni, and research that strengthens industry competitiveness and regional resilience.

Key People


Professor Robina Xavier
Provost
QUT



Professor Rowena Barrett
Pro Vice-Chancellor Entrepreneurship and Regional Innovation
Office of the Pro Vice Chancellor Entrepreneurship and Regional Innovation,  QUT



Dr Erin Rayment
Chief Commercialisation Officer
QUT



Professor Cameron Newton
Deputy Dean
Faculty of Business and Law,  QUT



Associate Professor Glen Murphy
Director
QUT Entrepreneurship,  QUT



Ms Kate Taylor
Director
Office of Industry Engagement,  QUT



Dr David Herold
Entrepreneurship Study Area Coordinator
Faculty of Business and Law,  QUT


Acknowledgements

Team QUT comprises senior leaders from key portfolios—QUT Entrepreneurship, the Office of Industry Engagement, and the Faculty of Business and Law—who steer the university’s strategic entrepreneurial direction. Yet, the strength of QUT’s thriving ecosystem lies in the collective efforts of many more staff across the university.

From academics delivering dedicated entrepreneurship units in the Faculty of Business and Law and QUT College, to those embedding entrepreneurial thinking into discipline-based learning, the commitment is widespread.

A core group of staff work daily to activate and grow entrepreneurial activity. In QUT Entrepreneurship, Graham, Marcia, Wes, Julie, Madonna, Tim, Kate, Vicky, Zane, and others operate the Foundry and Tinkerspace, delivering in 2024 alone:
• 11 programs
• 56 events
• Engagement with 50+ industry speakers
• Partnerships with 4 research centres
• Integration into 34 faculty units

The Office of Industry Engagement teams in Health and Social Impact and Science and Engineering drive knowledge transfer between researchers and industry. Their work has enabled landmark achievements which include amongst many others,
• Distinguished Professor James Dale’s genetically modified, nutritionally enhanced Cavendish bananas receiving Australian government approval for commercial development
• Professor Sarah Couperthwaite’s research on high-purity alumina from mining waste, leading to the creation of the Lava Blue venture—advancing critical minerals for the energy transition

Collaboratively, these efforts underpin QUT’s entrepreneurial impact and momentum ensuring the university remains a national leader in innovation and entrepreneurship.

Images

QUT Future You Summit Entrepreneurship Pitch for High School students

QUT MBAs at MIT Delta V as part of their Innovation Immersion

QUT Excolo! Pitch Competition Juding Panel

Budding Entrepreneur Scholars Camp with PVC E+RI at QUT Samford Ecological Research Facility

Murray (Tour Amigo founder) takes selfie at the QUT Entrepreneurship Startup-Matchup event

IMPACT STORY

Impacting lifes

Excolo! exemplifies QUT’s commitment to translating innovative research into real-world impact through collaboration and commercialisation. Coordinated by OIE, Excolo! is a competitive pitching initiative that empowers researchers to develop and commercialise innovative ideas. Each year, around 20 EoIs are received, with 10 teams selected for coaching and six pitching at the Grand Final.

The program’s success is reflected in its alumni. In early 2025, Bovotica (2023 runner-up) secured AUD3.4m in seed funding to advance its rumen microbiome technology, aimed at reducing methane emissions in cattle. Kimaritec’s (2023 winner) cancer therapeutics are attracting international attention, with the team winning the 2025 RESI Innovator’s Pitch Challenge in San Francisco. Grief Guide, a 2023 finalist, received a Wicking Trust grant to launch its AI-powered grief support app, offering personalised care when traditional services are unavailable.

Excolo! integrates entrepreneurship education through collaboration with the QUTEship team, offering workshops in problem framing, market analysis, and pitch development. Participants are coached by discipline-aligned knowledge brokers and commercialisation managers, enhancing their industry readiness.

A cornerstone of QUT’s entrepreneurial ecosystem, Excolo! attracts interest from venture capital and other backers across Queensland and beyond. With over AUD200k in prize funding and increasing sophistication in pitches, the program fosters innovation across sectors including healthcare, agriculture, digital arts, and accessibility.

Excolo! demonstrates QUT’s leadership in research commercialisation. It aligns with national initiatives like the Australia’s Economic Accelerator (AEA) program, where QUT has excelled—winning 2 Innovate grants worth AUD5.9m and 8 Ignite grants worth AUD3.6m in 2025.

LEARNINGS

Lessons learned

The saying is 'If you want to go fast, go alone, but if you want to go far, go together'. This exemplifies Team QUT. Three leadership lessons come from our shared purpose in deepening and strengthening QUT’s entrepreneurial ecosystem.

1. Lead with Shared Purpose, Not Personal Prestige
QUT’s entrepreneurial leadership team demonstrates a unified commitment to the vision—“Think entrepreneurship – Think QUT.” Rather than individual accolades, team members focus on collective impact, aligning diverse expertise across research, education, practice, commercialisation, and industry engagement. This shared purpose enables seamless collaboration and ensures that initiatives like Excolo!, Commercialisation Club, Budding Entrepreneur Scholarship, Diploma in Entrepreneurship and others serve broader institutional and societal goals.

2. Build Bridges Across Boundaries
Collaboration is embedded in QUT’s entrepreneurial ecosystem. The team fosters cross-disciplinary and cross-sector partnerships—with international universities like MIT and the University of Auckland to local and regional councils and schools. Programs like the International Collaboration Sprint and Future You Summit show how open communication and mutual respect across the institution can unlock innovation. These efforts reflect a leadership style that values connection over control.

3. Empower Others and Collectively Celebrate Wins
QUT’s leadership cultivates a culture of empowerment—supporting students, researchers, and community members to pursue entrepreneurial opportunities. Initiatives like the Budding Entrepreneur Scholarships, mentoring programs, and outstanding alumni recognition highlight a leadership approach that lifts others up. By celebrating shared success and enabling others to lead, the team reinforces a low-ego, high-impact ethos.

FUTURE PLANS

What's coming?

1. Excolo! Program Expansion
We will grow the Excolo! program by attracting venture capitalists who offer smart money and strategic advice to research-led teams. This will accelerate the development, commercialisation, and scaling of innovative QUT ventures.

2. Inclusive Entrepreneurship Storytelling
We will continue using storytelling to challenge the narrow stereotype of entrepreneurship as high-growth and profit-driven. Our goal is to promote entrepreneurship as a tool for empowerment, community transformation, and lifelong learning.

3. Indigenous Entrepreneurship Program
We will curate a program that supports Indigenous-led ventures and integrates Indigenous knowledges into innovation. Through incubation, cultural design labs, and storytelling, we will honour QUT’s commitment to truth, reconciliation, and Indigenous engagement.

4. Regional Innovation Micro-Credentials
We will develop a micro-credentialled innovation program for high school students across regional Queensland and Australia. Delivered online and in person, it will enhance creativity and enable co-designed solutions with local communities.

5. Social Impact Leadership Studio
We will establish a leadership studio blending systems thinking, ethical leadership, and entrepreneurial strategy. Grounded in QUT’s ‘real world’ ethos, it will empower individuals to lead sustainable ventures creating meaningful social impact.

6. The Engine Innovation Hub
We will secure funding for The Engine, a landmark building at Gardens Point that coordinates QUT’s innovation economy activities. This hub will boost entrepreneurial output in robotics, AI, advanced manufacturing, new materials, and energy systems.


KEY STATISTICS

AUD18.1M

Research commercialisation/shareholder returns to QUT since 2020

AUD648,000

Amount awarded to undergraduate students (27) in Budding Entrepreneur Scholarships since 2020

AUD200,000

Annual prize pool for Excolo! pitch competition

15,756

Students enrolled in entrepreneurship units across QUT since 2020

10,000

Min number of QUT students who annually engage with entrepreneurship education and learning

5,620

Number of high school students that have engaged in QUT entrepreneurship and STEM activities since 2020

608

Number of disclosures/patents/active patent families/new and active non-patent IP assets recorded using QUT IP

150

Average number of new student ventures supported each year

82

New licences, options and assignments executed since 2020 using QUT IP

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