Featured image above: Dr Alastair Hick, KCA Chair and Jasmine Vreugdenburg (UniSA), winner of the Best Entrepreneurial Support Initiative and People’s Choice Award at KCA’s Research Commercialisation Awards. Credit: KCA
The University of New South Wales (UNSW), Curtin University (WA) and the University of South Australia (UniSA) were winners at the Knowledge Commercialisation Australasia (KCA) Research Commercialisation Awards, announced at its annual conference dinner in Brisbane.
Success lay with UNSW which won Best Commercial Deal for securing $20 million capital investment from Zhejian Handian Graphene Tech; Curtin University for the Best Creative Engagement Strategy with The Cisco Internet of Everything Innovation Centre; and UniSA won Best Entrepreneurial Initiative and the People’s Choice Award for its Venture Catalyst which supports student led start-ups.
“These awards recognise research organisations’ success in creatively transferring knowledge and research outcomes into the broader community. They also help raise the profile of research organisations’ contribution to the development of new products and services which benefit wider society and have the potential that develop the companies that may grow new knowledge based industries in Australia,” says KCA Executive Officer, Melissa Geue.
KCA Chairman and Director of Monash innovation at Monash University, Dr Alastair Hick, says it is important that commercialising research successes are celebrated and made public.
“KCA member organisations work incredibly hard at developing new ways to get technology and innovation out into industry being developed into the products and services of tomorrow. These awards recognise that hard work and also that we must develop new ways of improving the interface between public sector research and industry.
“I am also excited that KCA members are playing an increasing role in helping the entrepreneurs of tomorrow. It is essential that we help develop their entrepreneurial skills and give them the opportunities in an environment where they can learn from skilled and experienced mentors,” says Hick.
Research Commercialisation Awards – winning initiatives
Best Commercial Deal
Zhejian Hangdian Graphene Tech Co (ZHGT) – University of New South Wales (UNSW)
This is an initiative to fund and conduct research on cutting-edge higher efficiency voltage power cables, known as graphene, and on super-capacitors. With $20M capital investment by the Chinese corporation Hangzhou Cable Co., Ltd (HCCL), and UNSW contributing intellectual property as a 20% partner, the objectives are to execute the deal through research and development; manufacturing of research outcomes in Hangzhou; and finally commercialisation.
Best Creative Engagement Strategy
Cisco Internet of Everything Innovation Centre – Curtin University
The Cisco Internet of Everything Innovation Centre, co-founded by Cisco, Curtin University and Woodside Energy Ltd, is a new industry and research collaboration centre designed to foster co-innovation. With a foundation in radioastronomy, supercomputing and software expertise, it is growing a state-of-the-art connected community focused on leveraging data analytics, cybersecurity and digital transformation network platforms to solve industry problems. The Centre combines start-ups, small–medium enterprises, industry experts, developers and researchers in a collaborative open environment to encourage experimentation, innovation and development through brainstorming, workshops, proof-of-concept and rapid prototyping. By accelerating innovation in next-generation technologies, it aims to help Australian businesses thrive in this age of digital disruption.
Best Entrepreneurial Initiative
Venture Catalyst Program – UniSA
Venture Catalyst supports student led start-ups by providing up to $50k to the new enterprise as a grant. The scheme targets current and recent graduates who have a high tolerance for risk and an idea for a new business venture that is both novel and scalable. The scheme takes an ‘IP and equity free’ approach and encourages students to collaborate with different disciplines and externals to encourage a diverse skill set for the benefit of the new venture. Venture Catalyst is a collaboration between the UniSA and the South Australian Government, and is supported through UniSA Ventures as well as representatives from industry and experienced entrepreneurs.
This year’s Research Commercialisation Awards were judged by commercial leaders of innovation: Erol Harvey, CEO, MiniFab, Dan Grant, PVC Industry Engagement, LaTrobe University and Anna Rooke, CEO, QUT Creative Enterprise Australia.
About Knowledge Commercialisation Australasia (KCA)
Knowledge Commercialisation Australasia (KCA) is the peak body leading best practice in industry engagement, commercialisation and entrepreneurship for research organisations. They achieve this through delivery of stakeholder connections, professional development and advocacy.
This information was first shared by Knowledge Commercialisation Australasia on 2 September 2016. See all finalists here.