Financial Support
Bio Innovation SA plays a key role in assisting South Australian researchers and start-up companies to access public and private funding to ensure they can achieve a commercial outcome for their technologies.
Bio Innovation SA Activities
Bio Innovation SA is facilitating the growth of South Australia's bioscience industry by:
- Providing information, advice and assistance to bioscience start-ups, companies and scientists/researchers seeking access to private sources of funding
- Offering funding through a number of South Australian Government programs
- Establishing networks for global linking of research and industry to sources of international public and enterprise funding
- Linking the South Australian bioscience industry with federal strategies and programs to gain greater leverage from current and proposed funds
Bio Innovation SA Conditional Grants
Bio Innovation SA operates a number of key funding initiatives, including:
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Commercial Development Initiative
Bio Innovation SA has established the Commercial Development Initiative (CDI) to assist the commercialisation of South Australian bioscience technologies originating from public sector organisations, including universities, hospitals and research institutes. Applications can be submitted at any time. CDI grants of up to $50,000 can be used for such activities as proof-of-concept research, intellectual property advice and market research. (Employees of the South Australian Department of Health can apply for funding for provisional patent applications through this scheme).
[Click here to download the Commercial Development Initiative Guidelines]
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Business Development Initiative
Bio Innovation SA has established the Business Development Initiative (BDI) to assist South Australian bioscience companies to develop their business. BDI conditional grants of up to $250,000 can be used for a range of activities. The BDI is open to start-up and early stage South Australian biotechnology companies. Applications can be submitted year-round and will be reviewed according to Merit Criteria which include the feasibility and commercial viability of the activities and the commercial expertise and skill of the management team. New conditions apply to these grants, please contact our Business Development Team to discuss.
[Click here to download the Business Development Initiative Guidelines]
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Commercial Infrastructure Grant
Funding to a maximum of $250,000 to help South Australian bioscience companies and organisations to buy equipment that has the potential to assist with generating revenues and attracting additional funds. New conditions apply to these grants, please contact our Business Development Team to discuss.
[Click here to download the Commercial Infrastructure Guidelines]
Bio Innovation SA can also assist with accessing private funding through venture capitalists and angel investors.
For further information about these initiatives and/or accessing private capital, contact Bio Innovation SA on +61 8 8217 6400 or e-mail info@bioinnovationsa.com.au.
Links
Links to sources of research funding
www.adelaide.edu.au/rb/funding/opps.html
Links to sources of company funding
Bio Innovation SA
Level 15/33
King William Street
Adelaide SA 5000
Australia
Phone:61 8 8217 6400
Fax:61 8 8217 6416
Blocking cell movement for cancer, MS treatment
9 February 2010 - University of Adelaide researchers are finding new ways to block the movement of cells in the body which can cause autoimmune diseases and the spread of cancer. (read more...)
Positive New BNC210 Data
2 February 2010 - Bionomics Limited (ASX: BNO) today announced that BNC210 Project Leader Dr Sue O’Connor will give a poster presentation at the Australian Neuroscience Society Annual Conference (ANS 2010) at 12pm today in Sydney. (read more...)
BNC105 US Renal Cancer Trial Initiated
27 January 2010 - Bionomics Limited (ASX: BNO) today announced that a clinical trial of BNC105 in patients with renal cell carcinoma has been initiated in three clinical sites in the US. (read more...)
New evidence links humans to megafauna demise
22 January 2010 - A new scientific paper co-authored by a University of Adelaide researcher reports strong evidence that humans, not climate change, caused the demise of Australia’s megafauna (read more...)
BioSA Networking Forum & Presentations
Date: Wednesday, 3 March 2010
Time: Presentations from 6.00pm followed by the announcement of the Bioscience Achievement Awards and networking to 9.00pm
Venue: Stamford Grand Ballroom, Glenelg, South Australia
(read more...)
Master classes in Biodiesel
17 – 19 February 2010, Flinders University. (read more...)
Commercialisation Australia information seminar
17 February 2010, AusIndustry State Office, Level 3, 178 North Terrace, Adelaide. 1.30-3pm. (read more...)
AusBiotech BD Forum & Workshop
3-5 March 2010 - Glenelg, South Australia (read more...)
Australasian Association of Bioethics and Health Law
1-4 July 2010 - The University of Adelaide (read more...)
Australian Association of Angel Investors 2010 Conference
17-19 February 2010 – 2 ½ days, Stamford Grand Hotel, Glenelg, South Australia Registration Fee:$715 (members) $990 (non AAAI members, including membership for one year) (read more...)
LESANZ Annual Conference 2010
22-24 April 2010, InterContinental Hotel, Adelaide (read more...)
AusBiotech - Fast start your biotechnology project management skills
10-12 February 2010 - Adelaide, South Australia (read more...)
