The Australian Government’s research translation and commercialisation agenda is a $2.2 billion investment to place university innovation and industry collaboration front and centre of building sovereign capability in Australia.
Australia’s Economic Accelerator, the Trailblazers Universities program, the National Industry PhD Program, and the expansion of CSIRO’s Main Sequence Ventures are initiatives which are reforming Australia’s research commercialisation landscape.
These initiatives support the Australian Government identified priority areas of the economy (outlined in the National Reconstruction Fund Corporation (Priority Areas) Declaration 2023), ensuring government research investment is focused in sectors where Australian research can build scale and have real-world impact.
These programs will see universities, industry and government partner together on effective research. They will align and prioritise investment across sectors and boost collaboration between universities and industry, driving commercial returns.