“Quicklook” Assessment of Greater Adelaide's Assets & Challenges ...

• Collaboration: 6 CRCs: viticulture, sustainable aquaculture of finfish, Australian
weed management, plant breeding, water quality and treatment, tissue growth
and repair NOTE: There is only ONE CRC in the medical area.
• Other collaborations: molecular life science building, the Waite research precinct,
livestock systems alliance in Roseworthy, CSIRO division human science and
nutrition headquarters, Australia’s first industrial bioscience precinct.
• Bioscience base:
o R&D based on excellence,
o 16% of major national grants;
o Critical mass of funding $200 p.a.,
o Culture of collaboration “Island Culture”, SA is free of major animal
diseases
• Bioscience cluster:
o Research – focus on key competencies, medical and plant/animal,
identify applications;
o Technology transfer – companies are spinouts, gaining momentum (just
reviewed 10 applications for pre-seed funds. These companies will be
formed very quickly)
• Strategies and Initiatives – Jurgen was given this but is going to pare it down and
prioritize
o Generate strategy and policy:
• Advise government and institutes on commercialization
• Whole of state collaborative approach
• Identify researchers working at leading edge
• Define government role.
o Build the research engine
• Identify core competencies
• Establish as strategic R&D committee for planning
• Build awareness of funding options
• Attraction of high-level expertise
o Enhance the Entrepreneurial culture – Jorgen thinks there is plenty of
entrepreneurial spirit – wants to enhance mentoring and open exchange
of information (could be synergy with Adelaide University program – hook
up with Rex)
• Education programs for commercialization
• Encourage industry to participate in mentoring program
• Encourage open exchange across bioscience community
• Facilitate technology interchange between organizations
• Encourage technology transfer and channel into start-ups
o Create the commercialization structure – suggest that bigger companies
collaborate, provide funding and take interest in new companies –
(Barbara’s comment)
• Establish bio innovation SA
• Establish tiotech advisory council
• Establich pre seed capital fund
• Establish venture capital fund
• Link bioscience industry with federal strategies
• Enagble scientists and start ups to travel internationally
o Key word summary
• Young
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