Australia has committed $1.6 billion to help research projects become commercialised
The federal government would spend $2.2 billion to commercialize academic research, putting “university innovation and industry collaboration front and center of Australia’s economic recovery.” The funding includes $1.6 billion over ten years for Australia’s Economic Accelerator, a new competitive funding program to assist university projects in bridging the so-called “valley of death,” the space between […]
CSIRO’s VC fund backs biotech startups from U New South Wales
SynBio 10x will be held in collaboration with the RNA Institute and the University of New South Wales’ School of Biotechnology and Biomolecular Sciences. Each startup in the accelerator program will get a $120,000 investment from Main Sequence, with the promise that the VC will look to provide further funding after the program for high-performing […]
Partnership encourages innovation in how universities and industry collaborate
Australian universities could be at the global forefront of research translation and commercialisation in health and medicine if barriers to collaboration are overcome and best practice models explored, according to a University of Sydney and AusBiotech report. The University of Sydney’s Faculty of Medicine and Health and University of Sydney Business School partnered with the leading Australian biotechnology industry […]
Victoria invests $1.8m in start-up accelerator
The Victorian government has invested another $1.8 million into Startmate to fund a Victorian-specific accelerator program, four years after the venture capital-backed accelerator expanded to Melbourne. The investment coincides with Startmate going out to the market to raise two new funds, both aimed at increasing the diversity in the entrepreneur and investor ecosystems.Startmate chief executive […]
John Brumby on Victoria’s $2b innovation fund – InnovationAus
Victoria’s $2 billion commercialisation fund will lead to a “quantum shift” for the state, according to former Premier John Brumby, who will chair the new fund. The Breakthrough Victoria Fund, which will provide funding to local companies for R&D adoption and commercialisation over the next decade, is now up and running with the government establishing a new […]
Technology Accelerator Program spurs on Western Australia innovators
Western Australian start-ups, established businesses and researchers working on innovative location-based products or services have been urged to apply for the SPUR Location Technology Accelerator Program. The program features a $25,000 grant for up to six successful applicants, with access to information sessions focused on working with WA Government data and processes. Successful applicants will receive […]
Labor $15m digital health accelerator with Monash University
Labor will fund a new health technology accelerator and medical simulation facilities in Melbourne’s south-east as part of a $15 million digital health election commitment. Shadow health minister Catherine King, shadow digital economy minister Ed Husic and Labor candidate for Dunkley Peta Murphy will make announce the election announcement in Frankston on Monday morning. The $15.3 […]
Battery startup born out of University of Queensland raises $1.74 million to fuel rapid growth plans
Brisbane startup Pure Battery Technologies has raised $1.74 million to commercialise University of Queensland-developed technology to improve the production of batteries for electric vehicles. The technology enables the nickel and cobalt minerals required for making batteries to be more easily extracted, and then converted into the components quickly and cheaply. The technology has been in development […]
University accelerator sees startups smash $50m milestone
The University of Queensland has cemented its position as a leading launchpad for entrepreneurs and a magnet for major investors, with startups from its ilab programs attracting more than $57 million. UQ offers a range of hands-on programs, including its Germinate accelerator, that give budding founders the skills, connections and seed funding to create a startup and to turn early-stage […]
The University of Queensland’s ilab smashes $56 million investment in startups –
The University of Queensland (UQ) has cemented its position as a leading launchpad for entrepreneurs and a magnet for major investors, with startups from its ilab programs attracting more than $57 million. UQ offers a range of hands-on programs, including its Germinate accelerator, that give budding founders the skills, connections and seed funding to create […]