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'''Start-Up Successes at UTS'''<p stylespan id="textdocs-align: justify;">UTS’s constant support and entrepreneurial education has assisted may students develop millioninternal-dollar startguid-up companies straight out of university. Some of the companies developed and formed in the UTS environment include:</p>*Cube rider, which is the first private Australian company to put satellites in space*Wine stash, which is predicted to exceed profits of 3 million dollars during its fourth year.*Cloud Construction, who won the 2016 Virginia Tech Challenge Pitch in the U.S. Read more about this [http://www.cityofsydney.nsw.gov.au/business/business-support/business06876267-in7fff-your26c1-sector/key43fd-industries/tech-startups here]0a77c7627a72"><p span style="textfont-alignsize: justify10pt;"></p><p style="textfont-alignfamily: justifyArial;">UTS has a redesigned innovation and entrepreneurship program, called UTS Startups (formally UTS Hatchery), where students can get their idea of the ground. Having partnered with Fishburners, an Australian tech startup community, students are able to bring their ideas in the real world, and bridge the gap between studying entrepreneurship and getting a startup off the ground. Read more about [httpbackground-color://newsroom.uts.edu.au/news/2018/07/fishburnerstransparent; font-partnershipvariant-putsnumeric: normal; font-utsvariant-studentseast-startupasian: normal; vertical-ecosystem their partnership].</p><p style="textalign: baseline; white-alignspace: justifypre-wrap;">On top UTS’s strategic location supports the engagement with local and regional economic efforts within the precinct (Pyrmont and Ultimo), city of thisSydney, as part region of UTS's [https://wwwNSW and beyond.uts.edu.au/partners-and-community/initiatives/city-campus-master-plan/overview campus vision], several new technology labs and prototyping spaces While the university does not have openeda specific economic development office, including the [https://wwwprecinct-focus in UTS’ Vision 2027 speaks to the desire for local economic development.uts.edu.au/about/faculty-engineering-and-information-technology/protospace UTS ProtoSpace]The university engages with the Greater Sydney Commission, precinct task forces, [https://www.uts.edu.au/partners-and-community/data-arena/overview Data Arena]&nbsp;and [https://www.uts.edu.au/about/faculty-engineering-and-information-technology/tech-lab Tech Lab]. These resources will be used to not only support student startups, research projects and postgraduate studygroups, but also give staff and students the opportunity City of Sydney to connect with ongoing development work with some of the latestboth for economic and philanthropic purposes. Beyond UTS’ engagement in entrepreneurship, cutting edge technology on offer transfer and engage in sponsored partnerships with external companies industry collaboration in developing the solutions of tomorroweconomic development arena, such development has physical, and virtual aspects.&nbsp;&nbsp;</pspan></span>