Commercial Accelerator Scheme (CAS)

The University of Adelaide aims to put more of its research discoveries on the path to commercialisation with a proof-of-concept fund for researchers.

Since 2007 ARI has provided direct cash support to commercially focussed research projects, leading to major commercial outcomes and excellent leverage of other funding sources. CAS addresses a recognised gap in funding known as the "valley of death" between traditional research funding and the market. It has provided a bridge for many projects to successful licence or other funding options, and as a result of its success ARI and the DVC&VP(R) have committed to continuing the scheme into 2012.

Examples of successful applicants from previous rounds:

	Biomedical Science Breakthrough by the name of Biotin Protein Ligase A target for the development of anti-bacterials, anti-fungals and even herbicides.   [full story]
	Screening for Obstetrics & Pregnancy End Points Program (SCOPE) The University of Adelaide are part of the international SCOPE program, which aims to recruit 15,000 patients globally, taking samples from mother, baby and father to build a pregnancy biobank to screen candidate markers of pregnancy disease.   [full story]
	Sinus surgery revolution Researchers at the University of Adelaide are developing a wound dressing that improves healing, controls bleeding and prevents excess scar tissue from forming after sinus surgery   [full story]

Overview of the Scheme

The aim of the Commercial Accelerator Scheme is to support projects and activities that are designed to develop a technology with solid commercial potential to a stage where it is able to attract external investment, or be licensable or otherwise exploited by a third party.

• Maximum amount to be funded into any one project is $150,000
• The provision of matching funding or in-kind assistance from industry partners will be favourably regarded
• An independent industry assessment panel scores the proposals, final decisions are made by ARI's Board

Eligibility

Commercial Accelerator Scheme funding is available to staff members of the University of Adelaide (full-time or part-time). Staff of hospitals and other institutions who are Clinical or Affiliate Titleholders are not eligible.

Applicants are required to register their interest with their ARI Commercial Development Manager (CDM). CDM's will assess relevant commercial and IP issues and work with applicants on the proposal.

Downloads

Commercial Accelerator Application Guidelines (read this first)

Commercial Accelerator Application Template (Word.doc)

Commercial Accelerator Judging Guidelines