The Medical Research Commercialisation Fund (MRCF), managed by Brandon Capital, is an innovative investment collaboration which invests in life science opportunities from its member medical research institutes and their associated hospitals throughout Australia. The MRCF has $200m of funding available from Australian superannuation funds, to invest in early stage technologies. The Fund also provides valuable commercialisation advice to its 50 member institutes.
The Robinson Research Institute (RRI) is the University of Adelaide’s member institute for the fund. Projects considered for funding by the MRCF need to show a benefit back to the RRI.
Melissa McBurnie, from Brandon Capital, is the South Australian representative for the MRCF.
Jeremy Thompson is the University’s representative for the MRCF. Please contact Jeremy on Jeremy.firstname.lastname@example.org or ext 38152 if you would like to present your project to Melissa for consideration by the MRCF.
Please visit the MRCF website for more information.
In November 2016, TechInSA announced the new South Australian Early Commercialisation Fund (SAECF). The SAECF will provide eligible projects with grants of up to $300,000, and requires matched funding in most instances.
Please visit TechInSA’s website to access more information about the fund, including the guidelines and expression of interest form.
Global accelerator program Techstars has come to Adelaide, and is now inviting applications for early stage companies to participate in their 12 week accelerator program. Eligible companies must be advancing technologies to benefit the defence and security sectors, across either:
- Internet of Things (IoT)
- Big data
- Sensors and robotics
Press release can be found here
The South Australian Rapid Commercialisation Initiative (SARCI) is a four-year initiative that was founded in August 2016, with an aim to support the commercialisation of 14 new technologies, and promote SA based start-ups. The initiative is backed by $2.4m of state government funding, to be administered through independent SA company, Availer Pty Ltd (Availer).
The University of Adelaide will work closely with Availer, to identify opportunities for commercialisation within the Uni’s intellectual property portfolio. The University has already entered into commercial discussions with Availer regarding access to University researchers and IP, for collaborative research or licence opportunities.
Please contact Adelaide Enterprise at email@example.com for more information or if you have a technology you would like to present to Availer.
The state government’s announcement of the SARCI initiative can be found on the SA Premier's Website
CSIRO ON Prime3: for big ideas ready to break out
ON is Australia's sci-tech innovation accelerator dedicated to unearthing amazing research and steering it towards high potential innovative ventures. Established by CSIRO in 2015, ON specialises in assisting researchers from the fields of science and technology working on projects that have the potential to shape Australia's future.
There are four different ON Prime programs on offer in this round; On Prime3, On Prime: Defence, On Prime: Cyber and On Prime: Northern Australia, to be hosted in various locations across the country.
Applications for ON Prime 3 close on 28 July 2017.
Contact Adelaide Enterprise to discuss your application.
State budget 2016/17 includes several new funding opportunities in the innovation space
- $50 million South Australian Venture Capital Fund (SAVCF), aimed at promoting innovation by supporting new businesses, attracting venture capital, and encouraging companies to re-locate to South Australia;
- $10 million for the South Australian Early Commercialisation Fund (SAECF); which will assist start-ups at the pre-seed and seed stage of development so they are better positioned to attract long-term investment. The Fund is open to individuals and early-stage companies seeking to commercialise a product, service, or process that’s both innovative and will benefit South Australia’s economy. Eligible companies can submit applications from Monday August 15, 2016.
We look forward to bringing you more information on these opportunities soon.