ignite is an exciting and ground breaking collaboration between the Victorian Chamber of Commerce and Industry, the state’s leading universities and the Victorian Government.
ignite will position Victorian business and research as world leaders in innovation, new technology development and creativity.
ignite will bring together business leaders with universities in bespoke partnerships to research, develop and commercialise innovative products, services, business model and processes.
ignite is supported by the Victorian government and will confirm this state as the knowledge capital of Australia.
10 October 2018
The program to “bring to market” Victoria’s huge resources of untapped potential was launched on 14 March at a function attended by university and state government leaders, prominent Melbourne business identities as well as Chamber board members and senior executives.
The Victorian Chamber’s Chief Executive Mark Stone AM said the initiative will encourage, foster and guide industry partnerships between Victorian business and the talent within our universities.
“We anticipate real commercial outcomes and benefits,” he said.
Deakin University Vice Chancellor, Jane den Hollander AO said the program offered Victorian businesses the unique opportunity to pursue ideas, work with universities to develop them, and connect with investors to turn them into commercial reality.
The program’s support partners are CSIRO and the Department of Economic Development, Jobs, Transport and Resources.
Mr Stone said the initiative came at a time when Australia’s rate of collaboration between universities and business is disappointingly low.
“Annually only nine per cent of Australian small to medium-sized business bring a new idea to market,” he said
The program means that each year, for the next three years, the Victorian Chamber will partner with Victorian universities to stage an event showcasing, exploring and leveraging each university’s areas of expertise.
The series will begin with RMIT University in May followed by others including Victoria University, Swinburne University, and Deakin University.
“We will showcase to the world what we are famous for,” Mr Stone said.
The series aims to:
Mr Stone said Victoria is renowned for its smart ideas and innovative thinking.
“Think of the first flight recording system, perhaps better known as the “black box”, the invention of the cochlear implant, the revolutionary use of lithium as a mental health treatment and the development of polymer banknotes, “ he said.
“Even every carpenter’s and do-it-yourselfer’s cherished device, the electric drill. They are all Victorian”, he said.