Manufacturing News

Commercialisation Australia board members announced

Australia’s innovative firms, scientists and researchers are set to benefit from a panel of experts appointed this week to serve as the inaugural Commercialisation Australia Board, said industry minister, Senator Kim Carr.

Carr describes Commercialisation Australia as a new $196 million initiative which takes a hands-on approach to help bring ideas to market by offering a range of tailored assistance measures.

Announcing the board members, Carr said that the calibre of the appointees shows just how serious the Rudd Government is about providing a useful tool to help business succeed and generate high-wage, high-skill jobs.

“The board members have a thorough understanding of the commercialisation process,” Senator Carr said.

“Their collective experience extends right across the research, industry and investment communities.

“They have the practical know-how that is needed to assess the diverse range of applications that we are expecting.

“Board members will support our case managers and business mentors to deliver meaningful advice, derived from their own extensive experience that our up and coming innovators can relate to.

“The response to Commercialisation Australia to date has been overwhelmingly positive, the Commercialisation Australia website has received more than 15,000 visits, calls to the Hotline have exceeded 650, and more than 260 pre-application forms have been submitted.”

The newly appointed Board Chair, Dr Laurie Hammond, emphasised the flexibility Commercialisation Australia offers, allowing continuous application and assessment to ensure assistance flows as and when it is most needed.

“Our first board meeting will take place in early March and I look forward to assessing a highly competitive group of applications,” Dr Hammond said.

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