A new ranking of Australia's most entrepreneurial universities confirms Bond University’s status as a breeding ground for innovators and visionaries.
The study by the University of New South Wales placed Bond second behind UNSW and ahead of the University of Sydney and the University of Melbourne.
The results are based on data from Crunchbase and Dealroom and ranked universities by the number of funded founders and funded alumni they are affiliated with, adjusted for university size.
“While UNSW officially ranks first, the study finds that on an adjusted basis, UNSW and Bond University are about as entrepreneurial as each other,” the study’s authors Zac Rafidi and Archit Mahajan say.
“This is a win for both institutions. It says while UNSW is considered a large university, it can still operate as if it were a small and nimble one.
“And while Bond is a comparatively smaller university, its impact on entrepreneurship is as effective as those much larger.”
The report, Australia’s Most Entrepreneurial Universities 2023, found Australia had doubled its rate of entrepreneurship in the past decade.
“This outcome shows that Australia is moving in the right direction and that there has never been a better time to be an entrepreneur in Australia,” the report says.
Bond University offers a fee-free entrepreneurship incubator known as Transformer where students such as Rebecca Bennett and Angus Croser can develop their businesses while studying.
Bond has performed well in several national and international rankings recently, including:
* No.1 for student satisfaction and joint 12th overall in The Australian Financial Review Best Universities Ranking.
* No.43 in the 2023 Times Higher Education Young University Rankings.
* The top Australian university across a range of measures in a federal government survey of undergraduate students’ educational experience.
* No.8 in the Times Higher Education 2023 World’s Best Small Universities.