Boosting Business Innovation Forum in Sydney

14 June 2018

Man presenting at forum

Research representatives from around the state gathered at the CSIRO in Sydney today for a forum on the NSW Government’s Boosting Business Innovation Program.

The 'Boost' program is an $18 million statewide initiative that is providing $1.5 million to each of the state’s 11 universities and the CSIRO to work with businesses to help them innovate.

Deputy Premier and Minister for Small Business John Barilaro said the program is bringing great business and academic minds together to create new products and ideas.

'The Boost program is helping entrepreneurs tap into leading research provided by the university sector and the CSIRO.

'As a government we want to be doing everything we can to create the right environment for people to have the confidence to launch a startup, and then get the support they need to make sure it succeeds.'

The Boost program is supporting a range of activities throughout the state – like a defence, security and aerospace innovation hub at Williamtown through the University of Newcastle, an Agritech Hub at Wagga Wagga through Charles Sturt University, and SMART Region Incubators at Armidale and Tamworth through the University of New England.

It also provides TechVouchers which are matched grants of up to $15,000 to help SMEs work with universities and the CSIRO on specific research projects to develop products and new technologies.

Boosting Business Innovation Forum

Today’s Boosting Business Innovation Forum at CSIRO Lindfield aims to develop links between NSW businesses and research organisations to benefit the state.

Boost program partners taking part include the Australian Catholic University, Charles Sturt University, CSIRO, Macquarie University, Southern Cross University, University of New England, University of New South Wales, University of Newcastle, University of Sydney, University of Technology Sydney, University of Wollongong, and Western Sydney University.

A series of interactive seminars will span various topics from funding schemes to new technology developments, and a day long expo will also showcase the capabilities, facilities and support services that are available to SMEs who are interested in partnering through Boost.

Some Boost program Techvoucher projects being showcased at the forum include:

  • SURROUND Australia - The University of Technology Sydney is partnering with SURROUND Australia Pty Ltd to combine various knowledge sources relating to floods to provide a unified knowledge base across NSW that is hoped can lead to more accurate and targeted flood warnings for emergency services and citizens.
  • Linke & Linke Surveys - The University of NSW has worked with Linke & Linke urveys to test and integrate LiDAR technology with aerial drones. LiDAR (Light Detection and Ranging) uses laser light for measuring distances and is being used by Linke & Linke to measure earth moving loads for the payment of road construction contractors. It also has applications in other industries like agriculture.

The Boost forum program will include a range of other presentations including on innovation and the role of research, a presentation by Jobs for NSW on support for startups and high potential small businesses,innovating through design, regional economic development, how to engage with research, and collaborative innovation.

Find out more

Visit Boosting Business Innovation Program on how businesses can work with universities and the CSIRO on innovative projects.