CSIRO graduates first ON Connect businesses
Media release | 28 June 2017
The Commonwealth Scientific and Industrial Research Organisation (CSIRO) has graduated its first cohort of companies from ‘ON Connect@Lindfield’, an initiative designed to drive small business innovation and supported by the NSW Government’s $12 million Boosting Business Innovation Program (BBIP).
Five companies took part in an intensive eight-week pre-accelerator experience designed for hardware startups in the devices and Internet of Things (IoT) space.
Deputy Premier and Minister for Regional NSW, Small Business and Skills, John Barilaro, said the ON Connect program was designed to arm start-ups with the business knowledge, connections and technical expertise to refine their business model, seek funding and apply for acceleration.
“The inaugural ON Connect@Lindfield program is a great example of how the NSW Government is supporting and encouraging collaboration between research and industry to drive innovation,” Mr Barilaro said.
“On their eight-week journey these five businesses have had access to some of the brightest minds and best facilities in Australia to develop their innovative ideas. After an intensive journey of customer interviews, market analysis and business model validation the teams are ready to share the outcomes of their experience.”
ON Connect@Lindfield was funded through the NSW Government’s $12 million Boost program which aims to accelerate innovation in NSW by supporting greater collaboration between the state’s universities and the CSIRO with their local business communities.
The five companies graduating are:
- AGSOL – Solar powered mill for people living in poverty-stricken areas.
- Orbit Australia – PollenSmart app for asthma sufferers.
- 1BTN – IoT product re-ordering solution.
- Connected Control Systems – IoT security system for construction sites.
- Cleverheart – Pay as you go solar energy solution for developing countries.
CSIRO Lindfield Collaboration Hub operations manager, Katie Green, said the teams were selected for the program on the basis of the problem they identified and potential to deliver significant positive impact.
“The final presentation day was one of the most important parts of the program, allowing the teams to pitch their ideas to potential research and industry partners to further develop their business model. It was their opportunity to show how their ideas can become a reality - it’s a very exciting time for our five teams,” she said.
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