Addressing global health challenges, championing sustainability through circularity, and advancing advanced manufacturing, are some of the innovative areas selected for the next stage of CSIRO’s ON Accelerate programme.
The programme, which develops high-potential, research-based ventures for launch into the Australian market, will include 12 new deep-tech project teams who will be given the tools and resources to translate their ideas into a startup.
CSIRO Chief Executive Doug Hilton said: “ON Accelerate is about creating national benefits for Australia by giving researchers the skills they need to navigate their ideas along the often-fraught road between the lab and the market,” Dr Hilton said.
“Research commercialisation, science entrepreneurship and technical collaboration are all critical skills for Australia’s future and the ON program is equipping the next generation of innovators with the skills they need to make a difference for our future.”
The 12 teams moving to the next stage of ON Accelerate include:
In February, the teams drawn from universities and research institutions nationwide will embark on an intensive immersion week, setting the stage for a rigorous three-month ON Accelerate programme.
They will collaborate with a carefully selected group of experts, engaging in personalised coaching and development plans.
The programme aims to provide the cohort with comprehensive insights to transform their projects into market-ready ventures.
Teams that complete the full ON Accelerate program will graduate with a robust business model, a well-defined route to commercialisation, and be viable startups.
Picture: CSIRO/Doug Hilton