Report reveals blockchain solutions and plant-based proteins as 2021’s major agricultural innovation trends

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COVID-19 highlighted the food insecurity of millions worldwide. The pandemic exposed the vulnerability of the current food system, and more specifically the existing weaknesses in every stage of the supply chain. Rabobank’s Foodbytes! platform has shared its predictions in a report titled “From Farmgate to Plate: Top Food & Ag Innovation Trends for 2021”.  Sustainable… Continue reading Report reveals blockchain solutions and plant-based proteins as 2021’s major agricultural innovation trends

5 ways your business could benefit from open source technology

Image credit: ThisisEngineering RAEng

Here are five reasons why open source technologies are beneficial for businesses looking to stay competitive in digital transformation…

‘Australia is at a tipping point in the space industry’: Gilmour Space

Credit: Gilmour Space

Australia’s burgeoning space industry has the potential to unlock a raft of economic opportunities. However the industry’s success depends on the Government’s willingness to look beyond university-led research and recognise the crucial role that businesses play in driving innovation. When Adam Gilmour, Co-founder and CEO of Gilmour Space, first set out to grow Australia’s domestic… Continue reading ‘Australia is at a tipping point in the space industry’: Gilmour Space

CSIRO identifies the key mechanisms that businesses can adopt to drive innovation and build resilience

Credit: Michael Longmire

The CSIRO has released a new report The Value of Science and Technology that lists the five main barriers to innovation in Australia and the respective solutions that businesses can adopt to overcome these challenges. The main barriers identified by the report are: Declining innovation investment: investment into R&D innovation has been declining and is… Continue reading CSIRO identifies the key mechanisms that businesses can adopt to drive innovation and build resilience

‘Innovate or perish’: Martin Duursma

Martin Duursma is a Partner at Main Sequence Ventures. Prior to Main Sequence Ventures, Martin co-founded Datapac Australasia and then went on to become a senior executive at Citrix after it acquired Datapac. Martin shares his predictions on where Australia’s next breakthroughs in energy, advanced manufacturing and space lie. What are Australia’s biggest industry opportunities… Continue reading ‘Innovate or perish’: Martin Duursma

COVID-19: Incubator funders are ‘tightening their purse strings’

INCUBATE at the University of Sydney

In the months following the onset of COVID-19, startup incubators are being asked to prove their worth to funders, or risk being discontinued.  With the Australian economy continuing to contract and greater financial pressure being put on both the private and public sector, funding to entrepreneurs seems to have taken a back seat. James Alexander,… Continue reading COVID-19: Incubator funders are ‘tightening their purse strings’

$1.8 billion reduction in R&D tax incentives is a major setback for Australian businesses

Proposed changes to R&D tax incentives (RDTIs) could reduce future R&D expenditure, undermining innovation and the development of new industries in the long-term. In 2017, Australia’s R&D expenditure sat at 1.787 per cent of GDP, far below the then OECD average of 2.342 per cent of GDP. Changes in RDTIs will potentially drive this rate… Continue reading $1.8 billion reduction in R&D tax incentives is a major setback for Australian businesses

$100,000 Mentored Grant opening with Lexus and Mark Bouris partnership

Mark Bouris, entrepreneur, has partner with Lexus

Lexus has partnered with Mark Bouris to announce the new Lexus and Mentored Grant – a $100,000 grant initiative aimed to help up-and-coming entrepreneurs take control of their journey at a time when they need it most. The introduction of the new Lexus and Mentored Grant aims to target small business people with an innovative… Continue reading $100,000 Mentored Grant opening with Lexus and Mark Bouris partnership

Perth dads’ crowdfunding success for new baby bottle business

Two Perth dads have received enormous support for their innovative baby bottle device through their crowdfunding campaign, raising more than 50 per cent of their $81,000 goal in just five days and 100 per cent in just ten days. The young fathers, Ricky Hee and Alex Djojoutomo created Bottle Bath, an electric 3-in-1 bottle washer,… Continue reading Perth dads’ crowdfunding success for new baby bottle business