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CSIRO Innovation Fund

Overview

This programme aims to invest in start-up and spin off companies, and SMEs engaged in the translation of research generated in the publicly funded research sector. It forms part of the Australian Government’s National Innovation and Science Agenda.

The Fund is intended to help improve the translation of publicly funded research into commercial outcomes and stimulate innovation in Australia. This will help successful business to grow – boosting Australia’s productivity and exports, and generating jobs through increased commercialisation of research outcomes, particularly in priority sectors of the Australian economy.

A total funding pool of $50 million is available  (comprising $30 million from CSIRO and $20 million from the Australian Government via CSIRO). The Australian Government has announced its intention to provide a further $50 million over the life of the Fund via CSIRO, raising the Fund’s expected committed capital to $100 million.

Who Can Apply?

Eligible applicants include:
- Australian universities
- Australian publicly funded research agencies
- SMEs

For the purpose of this program, An Australian publicly funded research agency is an organisation that is owned or controlled by the Commonwealth, or an Australian State or Territory government, and primarily carrying out research and development activities; and it is:
- Providing services, or making facilities available, in relation to science or technology.
- Training, or assisting in the training of, persons in the field of scientific or technological research.
- Collecting, interpreting or publishing information relating to science or technology.

As well as CSIRO, Australian publicly funded research agencies include Australian Antarctic Division, Australian Astronomical Observatory, Australian Institute of Aboriginal and Torres Strait Islander Studies, Australian Nuclear Science and Technology Organisation, Australian Institute of Marine Science, Bureau of Meteorology, Defence Science and Technology Group, Geoscience Australia, National Measurement Institute.

  • Start-up
     
  • Research & Development
  • Marketing
     
  • Export
     
  • Business Support
     
Documentation Uploaded
News Release 2018-01-08 Download
FAQs 2018-11-02 Download

Use these documents as a guide only - always get the latest direct from the Administrator

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Category
Business
Dates
Status Open
Opening Date 5 Dec 2016
Closing Information
This programme is open on an ongoing basis.

Value
Funding Type Investment
Total Funding Pool $100M
Co-contribution Yes
Competitive Yes
Eligible Activities
Activities
Training / Employment
Start-up / Establishment
Innovation and R&D
Export
Who Can Apply?
Location
National
Industries
General - Non-Industry Specific
Difficulty Rating
Administrator
Tier Federal
Department
Department of Industry, Innovation and Science
Contacts
Program Administrator
Commonwealth Scientific and Industrial Research Organisation (CSIRO)
Email
Innovation.Fund@csiro.au
General WebsiteVisit
Program Website Visit