WA Innovation Strategy Launched at Innovator of the Year Awards
On 2 November THE LINK team representatives from Edith Cowan University Office of Research and Innovation and City of Joondalup Economic Development unit attended the 2016 WA Innovator of the Year Awards. Now in its 10th year, the WA Innovator of the Year is an opportunity to showcase and celebrate the State’s world-class innovation potential and achievements.
A total prize pool of $120,000 was shared across a number of award categories, with Fastbrick Robotics being named as the overall winner for their creativity and commercial insight in developing the Hadrian X 3D product prototype.
The plan is underpinned by the State Government’s $20 million innovation package and promotes Western Australia as a ‘great place to live and innovate’.
The Strategy focuses on four pillars:
Talent and skills
Investment and infrastructure
Culture and collaboration
Marketing and promotion
Amongst other funding elements of the Strategy an indicative figure of $1 million per annum is allocated to ‘Create a university innovation commercialisation fund to help universities spin out commercial entities based on their own entrepreneurial activities.’
More on Innovator of the Year Awards and the WA Innovation Strategy