Thursday, June 13, 2024
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Partnering for progress

The “Boosting Business Innovation Program” is an entrepreneurship development program for undergraduate and postgraduate students, and that targets women. Photo: Supplied
The “Boosting Business Innovation Program” is an entrepreneurship development program for undergraduate and postgraduate students, and that targets women. Photo: Supplied

Our research is the seedbed of innovation and we are proud that we will triple our investment in it by 2020. This is exciting news for everyone; the investment will allow us to make the groundbreaking discoveries that will enable us all to face the challenges of the 21st century.

We have recently partnered with the NSW Department of Industry to assist in delivering the “Boosting Business Innovation Program” — a collaborative initiative aimed at accelerating innovation and providing jobs and prosperity in New South Wales.

As our part of the program, and following the provision of $1 million from the NSW Government, we will introduce an entrepreneurship development program for both undergraduate and postgraduate students in conjunction with experienced leaders from Australia and around the world.

We will be targeting women in particular, through a program run in partnership with our Warren Centre, based in Darlington, and at the same time reaching out across the state through our ‘Entrepreneurship Culture and Skills’ program, delivered through our regional hubs in Lismore, Narrabri, Broken Hill, Dubbo and Orange.

Our two existing start-up incubator programs based on campus in Camperdown/Darlington — “INCUBATE”, an award-winning start-up accelerator and entrepreneurship program, and “Genesis”, the Sydney Business School’s cross-faculty start-up incubator program — will also receive extra funding, enabling them to continue and expand their exceptional work.

The University is also developing a pilot research and industry partnership program for our undergraduates, aiming at a culture of awareness of the importance of industry and research partnerships to deliver tangible results for our communities.

Finally, we are planning a new ‘knowledge cluster’, which will allow University researchers, students and our industry partners to share collaborative space on our campus and to access our prototyping and fabrication facilities.

We are inviting small to medium enterprises to join with us. Opportunities will result from the co-location of researchers, students and industry on campus. Everyone involved can benefit from the use of our University infrastructure and resources to prototype and develop new products.

The University of Sydney welcomes expressions of interest from businesses that pride themselves on their innovative ideas. To find out more, please contact the University’s Commercial Development and Industry Partnerships unit at cdip@sydney.edu.au

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