commercialisation Archives - InnovationAus.com

Rehome growth centres to CSIRO: WA chief scientist

Brandon How — Thu, 01 Aug 2024 08:41:43 +0000

Australia’s Industry Growth Centres should be given a new lease of life within the CSIRO to uplift practical research outcomes in Australia, according to the longest sitting government chief scientist in Australia. Western Australia’s chief scientist Professor Peter Klinken, who has served in the role for more than a decade, believes the national science agency...

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PsiQuantum plans second quantum computer for Chicago

Brandon How — Thu, 25 Jul 2024 10:00:11 +0000

Silicon Valley startup PsiQuantum is set to build its second quantum computer in Chicago by 2028 following a $760 million investment from the US State of Illinois. The US$500 million incentive package, negotiated with the Illinois government, Cook County, and the City of Chicago, will flow directly to the company over 30 years. It comes...

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Gig Guide: Experts join economic accelerator board

Brandon How — Fri, 19 Jul 2024 05:30:12 +0000

The committee overseeing Australia’s Economic Accelerator, a $1.6 billion research commercialisation initiative, has been confirmed after half a year of interim arrangements. Two additional members were appointed to the AEA Advisory Board earlier this week as the six other interim appointees were confirmed as permanent on the board. The new advisory board members are former...

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Under the horizon: Researchers frustrated by EU R&D snub

Brandon How — Wed, 10 Jul 2024 10:12:06 +0000

Australia is “missing an open goal” by not joining the European Union’s flagship research and innovation program, research and businesses leaders have warned while calling on a reluctant federal government to reconsider. The leaders voiced disappointment after the Albanese government confirmed it has no plans to follow Canada and sign an agreement to join Horizon...

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Govt readies for full launch of Economic Accelerator

Joseph Brookes — Thu, 13 Jun 2024 01:57:29 +0000

The federal government intends to fully launch Australia’s Economic Accelerator in the coming months after kicking off its recruitment of program managers more than two years after the commercialisation initiative was first unveiled. The $1.6 billion Australia’s Economic Accelerator (AEA) was announced in early 2022 by the former Coalition government as the flagship initiative in...

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Industry Growth Program grants open, industry partners funded

Brandon How — Thu, 02 May 2024 04:35:47 +0000

Small to medium-sized enterprises and startups can now access a share of $287 million in Industry Growth Program funding, with the grants opening to applications following the appointment of the industry organisations that will provide advisory services. The four Industry Partner Organisations (IPO), announced as the grants opened on Thursday, will share in $6.9 million...

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$59.1m for hydrogen and green metals commercialisation

Brandon How — Thu, 11 Apr 2024 08:54:13 +0000

The government’s clean energy funding agency has committed $59.1 million to renewable hydrogen and low emissions iron and steel projects, surprising applicants with almost 20 per cent more than expected. Up to $50 million had initially been allocated across two rounds for renewable hydrogen and iron and steel grant. But the hydrogen round was expanded...

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$20m NT venture capital fund launched

Brandon How — Thu, 28 Mar 2024 05:00:38 +0000

A $20 million venture capital fund has been set up by the Northern Territory government and the Paspalis Corporation to support local innovation. The territory government is committing $10 million to the fund through its Local Jobs Fund, which is being matched by NT-based startup investor Paspalis. Up to $5 million of investment will be...

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A peek behind the Curtin University Trailblazer

Brandon How — Mon, 04 Mar 2024 19:39:29 +0000

The Curtin University-led Trailblazer hub is emerging from “startup” mode, with around 30 projects already being developed and a commercialisation accelerator set to be announced later this month. Rohan McDougall, the Resources Technology and Critical Minerals Trailblazer hub’s director, spoke to InnovationAus.com about the work, which is backed by the equivalent of more than $200...

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‘Stagnant’ R&D system needs urgent review, roadmap

Justin Hendry — Wed, 14 Feb 2024 09:58:05 +0000

The Albanese government is being urged to conduct a wholesale review of the country’s “overly bureaucratised and inefficient” R&D system and create a 10-year roadmap focused on arresting falling investment. In a pre-Budget submission released on Wednesday, the Australian Academy of Science (AAS) said that following 20 years of declining investment, a review of the...

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