Key Findings From the 2025 Annual Report

The Precinct has finalised its 2025 Annual Report, and the results paint a clear picture — Brisbane’s innovation hub is firing on all cylinders. Here are the key findings from a year of record growth across events, visitation, tenant activity, and startup support.

733 Events, 25,800+ Visitors

The Precinct hosted 733 events and welcomed more than 25,800 visitors in 2025, with 5,952 room bookings across the year. The tenant community grew to over 95 companies, and the building’s larger tenancies sit at 84.6% occupancy with 579 active users booking rooms. The startup coworking private offices are operating at 100% capacity with a 12-company waitlist — a strong signal that demand for community-led innovation space in Brisbane continues to climb.

Adding to the momentum, global investment firm Antler chose The Precinct as its Queensland home in 2025, joining a growing cluster of investors, founders, researchers, and government partners under one roof.

Tenants 3x More Likely to Grow

One of the standout findings from this year’s report is the growth trajectory of tenant companies. Half of the companies surveyed reported scaling their teams and commercial progress by up to three times during their time at The Precinct — suggesting that the combination of community, programming, and co-location is having a measurable impact on business outcomes.

Across the tenant community, companies have collectively created more than 135 new jobs since joining The Precinct, spanning sectors including AI, robotics, defence, healthtech, and clean technology. On the investment front, tenants have collectively raised $57.7 million in capital, driven by a core group of high-growth ventures attracting national and international funding.

90 Startups Supported

The Precinct’s programs supported 90 startups in 2025. Forty participated in the flagship StartClub program across four cohorts, with a further 50+ assisted through the Capital Raising and Summit series. Alongside StartClub, programs such as EnergyLab, Farmers2Founders, and Launch AI brought sector-specific accelerator and pre-accelerator activity into the hub. The events calendar was packed with hackathons, pitch nights, and industry summits — including the Queensland AI Hub’s Launch AI Demo Night, a Future of DefenceTech symposium, and a HealthTech & MedTech Innovations summit.

These events positioned The Precinct as neutral ground where government and industry collaborate on critical issues spanning defence, health, sports, and emerging technology.

Advancing Diversity

The report highlights The Precinct’s expanding role in championing diversity across Queensland’s innovation ecosystem.

The Precinct has become a leading platform for advancing women in entrepreneurship, technology, and innovation. Programs such as SheCodes, Tech Ready Women, SheMentors, and the Ithaca Impact Female Founders Program provide women with capability building, mentorship, and access to capital. The 77 Venture Fellows program, run by resident VC firm 77 Partners, is equipping aspiring female investors with the skills and networks to break into venture capital — with at least one fellow offered a paid 12-month VC Associate role. Events like the Women in AI x National AI Centre IWD Panel, UQ Ventures Empower Demo Day for Female Founders, and Chief Meta Chicks workshops further strengthen the pipeline of women leading in tech and business across Queensland.

The Precinct also serves as a home and community anchor for leading Indigenous innovation organisations. Deadly Coders, which has supported 4,000 First Nations placements, and First Australians Capital are both based at the hub, driving Indigenous participation in the digital economy through coding programs, business development initiatives, and culturally-led innovation events. The Queensland Indigenous Business Network also operates from The Precinct, contributing to self-determination, job creation, and the growth of an Indigenous-led innovation economy.

Multicultural inclusion is another area of focus, with programs such as QWinBiz supporting Latina migrant entrepreneurs, collaborations with the German Consulate for Language & AI Week, and regular international trade delegations creating a globally connected community within the space.

Youth engagement was also a major focus, with high school innovation incubators, university partnerships, and student pitch showcases connecting the next generation with real-world entrepreneurship. Programs like the Knoei Innovation Incubator and Future Anything’s YouthX, alongside partnerships with Griffith University, QUT, and the University of Queensland, are helping to build the talent pipeline Queensland needs for the future.

Satisfaction Ratings Near Perfect

Tenant and event organiser feedback reinforced the strength of the community and how crucial the events facilities are to the community. The Precinct achieved a Net Promoter Score of +93, a staff experience rating of 9.6 out of 10, and a facilities score of 4.9 out of 5. Tenants consistently pointed to the community culture, responsive team, and networking opportunities as the reasons they stay.

Innovation in Queensland Is Alive

With record visitation, coworking at full capacity, growing international investment interest, and tenant companies creating jobs and raising capital at pace, the 2025 report confirms what many in the ecosystem already feel — innovation in Queensland is well and truly alive, and The Precinct remains at the centre of it.

The Precinct is located at 315 Brunswick Street, Fortitude Valley. Learn more at precinctqld.com.au