January 28th, 2023Game on: Australia’s new cohort of deep-tech founders

Australia’s national science agency, CSIRO, has announced the 10 deep-tech game changers from Australia’s universities and research community selected to develop their high-potential innovative ventures through the On Accelerate program.

CSIRO Chief Executive Larry Marshall said the ON program has been part of transforming Australian innovation since 2015.

“As the national science agency, CSIRO solves Australia’s greatest challenges with science, and there is no greater challenge than our innovation dilemma – solve that and we can solve anything. CSIRO’s ON Program has become a world-leading innovation catalyst because it inspires Australia’s scientists to turn their science into real world solutions for our greatest challenges,” Dr Marshall said.

“ON recognises that innovation thrives on diversity and doing things differently. When you redefine old school paradigms of leadership, you can drive financial performance and reinvent industries.

“Since the ON Program began in 2015, 66 new companies have been formed, raising more than $110m in investment capital and creating more than 500 jobs. I’m excited about the potential for this cohort to continue to create the new industries Australia needs to thrive in our innovative future,” he said.