South Australia’s burgeoning innovation industry was brought together at the Queen’s Theatre last month, with local companies showcasing their world-changing ideas, products or services.
Companies displaying their wares included flashing cricket stumps and bails designer and manufacturer Zing International, simulation leader Sydac, strategic planning and marketing business Big Futures, motorsport racing game designer ODD Games, 3D printing learning program Makers Empire and the creators of the world’s first holographic display, Voxon Photonics.
This is the first event of its kind, and is part of the State Government’s plan to create an environment for innovation to grow sustainable, competitive businesses and sectors through support and funding initiatives.
The Innovation for Jobs Statement (PDF) outlines the support available for commercialisation and innovation opportunities for South Australian researchers, entrepreneurs, industry and businesses.
This includes a new $50 million venture capital fund, a $10 million early commercialisation fund, $7.5 million to support the University of South Australia’s Future Industries Institute, and $4.65 million for ultra-fast internet to make Adelaide Australia’s first Gig City.
Innovation, commercialisation, and entrepreneurship in our state will underpin the jobs of the future for South Australians.