{"id":19494,"date":"2022-12-09T02:39:00","date_gmt":"2022-12-09T02:39:00","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=19494"},"modified":"2022-12-09T02:39:00","modified_gmt":"2022-12-09T02:39:00","slug":"translating-research-into-economic-outcomes","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2022\/12\/09\/translating-research-into-economic-outcomes\/","title":{"rendered":"Translating research into economic outcomes"},"content":{"rendered":"\n

Four innovative NSW companies who are solving some of the State\u2019s complex challenges are set to share in $5 million to help translate their research into commercial products, as part of the NSW Government\u2019s Physical Sciences Fund.\u00a0
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Minister for Science, Innovation and Technology Alister Henskens announced the successful companies at an event held at\u00a0Fishburners\u00a0in the Sydney Startup Hub.
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\u201cNSW is home to some of the most brilliant researchers, innovators and entrepreneurs, who are working across a range of sectors, creating new jobs and growing our high-tech industries,\u201d Mr Henskens said.\u00a0
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\u201cThe Fund, now in its fourth year, exemplifies the NSW Liberals and National Government\u2019s commitment to supporting research and development (R&D) that underpins the commercialisation of technologies.
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\u201cThe successful recipients are developing devices and applications which will deliver real-world benefits to our State in agriculture, communications, clean energy and construction, which will help grow the economy and secure a brighter future for NSW.\u201d
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The Fund aims to deliver significant social, economic and environmental benefits to NSW by providing financial support across\u00a0the branches of physical sciences and engineering, including physics, chemistry, astronomy and the earth sciences.
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NSW Chief Scientist & Engineer Professor Hugh Durrant-Whyte said the Fund continues to champion the growth of innovative industries in NSW.\u00a0
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\u201cThis year we released our\u00a020-Year R&D Roadmap<\/em>, which provides a blueprint to prioritise investment in areas where NSW has competitive R&D advantages nationally and internationally,\u201d Professor Durrant-Whyte said.\u00a0
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\u201cIt is great to be able to celebrate four young companies who are developing technologies with great potential and starting out on their commercialisation journey.\u201d
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Applications for the 2023 round will open early next year, with $10 million available through the next round of the Fund. More information about the 2022 successful funding recipients can be found\u00a0online<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Four innovative NSW companies who are solving some of the State\u2019s complex challenges are set to share in $5 million to help translate their research into commercial products, as part of the NSW Government\u2019s Physical Sciences Fund.\u00a0\u00a0Minister for Science, Innovation and Technology Alister Henskens announced the successful companies at an event held at\u00a0Fishburners\u00a0in the Sydney … Continue reading “Translating research into economic outcomes”<\/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-19494","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\/19494","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=19494"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/19494\/revisions"}],"predecessor-version":[{"id":19495,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/19494\/revisions\/19495"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=19494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=19494"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=19494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}