Business Innovation Challenge Sparks New Collaboration

Business Innovation Challenge Sparks New Collaboration

Macquarie University, Western Sydney University and CSIRO are uniting to deliver the Innovation Districts C19 R&D Challenges (IDC), designed to accelerate businesses working for a better future post-COVID-19.

The IDC project is a $3 million investment by the NSW Government in the state’s innovation ecosystem to fast-track products and services that address pandemic-induced challenges in our working and personal lives.

Technologies that support remote business operations, working from home, remote communications, remote sensing and monitoring, cybersecurity and the Internet of Things, as well as remote health and medical solutions supporting telehealth, mental health and resilience, all stand to benefit from the initiative.

The three organisations will create an ‘innovation arc’ that stretches across Sydney, from the Northern Beaches, North Shore and North-Western Sydney to Parramatta, Penrith, Camden, Campbelltown and Liverpool. After considering submissions across the combined districts, nine outstanding businesses will compete in the first challenge round with a state-wide pool of 36, each hoping for a share in the $500,000 funding allocation.