This month we focus on a number of initiatives from the Australian Government’s National Innovation and Science Agenda: the importance of cyber security; and funding to bridge the gap between biomedical research and commercialisation.
We report on a number of success stories, including multi-billion dollar investments in the resources and energy sector; Canadian pension fund investments in Australian beef stations; US investment in bio-pest control agri-tech; and investments across a number of innovative biotech platforms.
Major events this month include the inaugural Australia United States Business Week which will be held in venues across the United States from 22-26 February 2016.
A$30 million funding for Cyber Security Growth Centre
Cyber security is crucial for everyone in today’s digital world. The cyber security market reflects this need: currently worth around US$71 billion worldwide, it is growing at the rate of eight per cent each year.
A$250 million Biomedical Translation Fund to bridge gap between research and commercialisation
The A$250 million Biomedical Translation Fund will invest in promising biomedical discoveries, help bridge the gap between research and commercialisation, and create more opportunities for foreign investors to access Australia’s expertise and discoveries.
Industry and university collaborate on use of rare metal in aerospace parts
The United States' Universal Alloy Corporation, a global leader in the manufacture of aerospace products, has joined with Australia’s Clean TeQ Holdings and Deakin University to collaborate in researching the use of scandium in lightweight aerospace parts.
A multi-national joint venture has been given the go-ahead for a US$2 billion investment in a subsea development at the North West Shelf Project, located about 125 kilometres north-west of Karratha off the Pilbara coast in Western Australia.
International JV ships first liquefied natural gas from Queensland
The international JV, Australia Pacific LNG (APLNG), has shipped its first cargo of liquefied natural gas (LNG) from Curtis Island, near Gladstone in Queensland.
Global pharmaceutical giant, GlaxoSmithKline (GSK), has opened a pilot vaccine facility in Boronia, Victoria, which uses ground-breaking new technology for the delivery of vaccines.
Canadian oil and gas software maker opens in Australia
Energy Navigator, the Canadian oil and gas software maker, has opened an office in Brisbane to support its clients in Australia and around the Asia-Pacific region.
Australia United States Business Week – 22-26 February 2016
The Minister for Trade and Investment, Andrew Robb, will lead a delegation of Australian companies to the inaugural Australia United States Business Week, which will be held in venues across the US from 22-26 February.
