Earlier this year, Senator Kim Carr, Minister for Innovation, Industry, Science and Research, announced the Government would be establishing a $196.1 million Commonwealth Commercialisation Institute “to develop a radical new approach to commercialising the best Australian research.”

In announcing the Institute, Sentor Carr said it would “aim to see that the best ideas developed by our universities and publicly funded research organisations become successful commercial realities”

How it planned to do that was never really discussed…until now.

Sentor Carr has now called for public comment to help inform the development and operation of the Institute

Comments can be provided by completing an online form on the Institute’s website http://www.innovation.gov.au/cci.

A short discussion paper is also available on that website.

Now’s the time to act, so if you have ideas on how you’d like to see the Government aid Australian startups in the commercialisation process then speak now or forever hold your peace.

The deadline is the 28th of August - so if you plan to add your thoughts, don’t delay