IRU supports the general thrust of the government’s proposal with its focus on establishing new incubators in regions or industry sectors where none or few exist as well as expanding the services offered by existing incubators.
To determine the existing gaps, it would be useful to have a publicly-available list of existing incubators. This would be beneficial for current start-ups looking for incubator support. Though such a list currently does not exist, the assumption is that current incubators are based in Australia’s five main cities with the majority being Sydney or Melbourne based. This is the key issue that the new programme must address.
Read more below.
In its third submission to the government’s National Innovation and Science Agenda (NISA), Innovative Research Universities (IRU) supports the government’s plan to introduce a new Entrepreneur visa as a clear pathway to attract more entrepreneurial and research talent to Australia. To achieve NISA’s aims, flexibility will be key. The Entrepreneur visa should be implemented in an enabling rather than a restrictive manner while making sure immigration requirements are met. In addition, the government should maximise the potential of the Entrepreneur visa by using it to encourage talent already in Australia to make the transition to entrepreneurship.
Innovative Research Universities (IRU) will contribute to the development of the Strategy, looking to ensure that programs will encourage investor action and will not stifle opportunity through overly strict rules or exclusion as yet unconsidered. Read the full submission below. (2 pages)
Innovative Research Universities (IRU) supports the Government’s National Innovation and Science Agenda ‘Welcome to the Ideas boom’ which has 24 valuable measures to transform Australia’s approach to innovation. This comes in the wake of Labor’s recently announced innovation policy agenda reflecting bipartisan commitment to change.
IRU welcomes the Government’s crucial incentives to business and researchers to let innovation flourish. The Agenda commits over $500 million a year once programs are fully in place.
The challenge ahead is for all involved to respond positively to the new incentives raising the level of industry driven research and investment in bringing research outcomes to market. The incentives are in place: will investors respond?
The agenda’s four overarching themes cover important issues. Read more attached…