{"id":18908,"date":"2022-10-29T08:50:34","date_gmt":"2022-10-29T08:50:34","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=18908"},"modified":"2022-10-29T08:50:34","modified_gmt":"2022-10-29T08:50:34","slug":"new-incubator-program-to-fast-track-startups","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2022\/10\/29\/new-incubator-program-to-fast-track-startups\/","title":{"rendered":"New incubator program to fast-track startups"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Aspiring entrepreneurs will be supported through their startup journey, thanks to a new program which will provide them with the skillset needed to commercialise their ideas and develop successful deep tech businesses.\u00a0<br>\u00a0<br>Minister for Science, Innovation and Technology Alister Henskens said the Deep Tech Commercialisation Training Program will ensure research-led ideas are translated into financially viable businesses which will deliver social, environmental and economic benefits to NSW.<br>\u00a0<br>\u201cMost deep tech companies are built on new and unproven technology that have the potential to change people\u2019s lives, but they struggle to navigate the \u2018valley of death\u2019,\u201d Mr Henskens said.<br>\u00a0<br>\u201cBy helping companies gain a clearer commercialisation perspective and a stronger appreciation of factors such as market analysis, supply chain issues and customer engagement, this program will help them secure later stage capital and remain in NSW while they grow and scale.<br>\u00a0<br>\u201cThis program continues on our commitment to support research and development so we can be a world leader in translating research into economic outcomes that deliver a brighter future for our State.\u201d<br>\u00a0<br>The NSW Government is partnering with Sydney-based incubator Cicada Innovations, which designed and will deliver the program.<br>\u00a0<br>Cicada Innovations CEO Sally-Ann Williams said that NSW has the opportunity to be a global epicentre for innovation.<br>\u00a0<br>\u201cAs the home of deep tech in Australia for over two decades, we understand the commercial pathways to take ideas from the lab to global markets,\u201d Ms Williams said.<br>\u00a0<br>\u201cBy working alongside the NSW Government to deliver this program we will support the best emerging deep tech ventures in NSW, and help them navigate turning breakthrough science and technology into sustainable business that positively impact Australia and the world.\u201d<br>\u00a0<br>More information about the Program and how to register is available\u00a0<a href=\"https:\/\/aus01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Finfo.cicadainnovations.com%2Focse-foundations&amp;data=05%7C01%7Cwebmaster%40nsw.liberal.org.au%7C84a8120f2b414ceee8ab08dab880ceae%7Cf7b9e888f8a7467190c0d6ca09a51633%7C0%7C0%7C638025160766492847%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=p4j7xb3Uxd4ttCuCySlgZyBKbjtan5%2B0%2BsLJDBntVyM%3D&amp;reserved=0\">online<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aspiring entrepreneurs will be supported through their startup journey, thanks to a new program which will provide them with the skillset needed to commercialise their ideas and develop successful deep tech businesses.\u00a0\u00a0Minister for Science, Innovation and Technology Alister Henskens said the Deep Tech Commercialisation Training Program will ensure research-led ideas are translated into financially viable &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2022\/10\/29\/new-incubator-program-to-fast-track-startups\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New incubator program to fast-track startups&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18908","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/18908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=18908"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/18908\/revisions"}],"predecessor-version":[{"id":18909,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/18908\/revisions\/18909"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=18908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=18908"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=18908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}