Sky News Interview with Steve Baxter
On 9 May 2018, Steve Baxter circulated a call seeking expressions of interest from corporates, community groups or individuals with the vision, the capability and the passion to take control of future operations and ownership of River City Labs Pty Ltd. Over twenty EOIs were received, which were then shortlisted first as a group of six, and then again as a list of four.
Founded in Brisbane by Steve Baxter in 2012, the River City Labs Group fosters the growth of tech scale-ups in Queensland and is focused on building the platform solutions for the world of tomorrow.
Since its launch more than 700 start-up founders have set up office at River City Labs. Just under 29,000 people have passed through the doors, attending more than 1,000 start-up and community events. It has run programs in partnership with some of Australia’s biggest companies, including BOQ, CUA, Suncorp and Telstra.
ACS and RCL Exclusive Announcement
ACS announced its acquisition of River City Labs Group including the operations of the RCL Accelerator and Startup Catalyst with immediate effect, with a commitment to invest $7.5 million over the next three years in ramping up its mission to support tech entrepreneurs.
Watch the full announcement below.