Innovation Challenges

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Australian Technologies Competition (closed)

Impact Technology Ventures (ITV)
This challenge has closed.
Fields of Research: Business and Management
Tags: Scaleups, Startups, SMEs, Advanced manufacturing, Cyber security, Circular Economy, Energy resources, Food & agriculture, Global social impact, Medtech, Pharma, Mining technologies, New energy, Smart cities
Audience: Start-Ups
Anticipated Funding: TBA
Applications close: May 20, 2019
Last Updated: May 21, 2019 6:00 AM
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The Challenge

Supported by the Department of Industry, Innovation & Science, the Industry Growth Centres and Industry partners, the Competition will be in its ninth year in 2019. During this period, it has created an alumni pool of over 200 semi finalists and finalists, many of whom have had significant international success.

The Competition brings experienced entrepreneurs, business builders, angel investors, venture capital funds, commercialisation experts, leading corporates and government representatives together with founders, in a collaborative coaching environment. It has a strong focus on equipping founders with the skills and contacts to develop and manage high growth companies in challenging international markets.

In 2019, entrants are able to enter one of ten categories.  In addition to competing in one or more of the below categories, each entrant will be in the running to be crowned 'Australian Technology Company of the Year'.  For more information about each Award category, please read the descriptions below.

Advanced Manufacturing

Advanced manufacturing is a broad set of enabling technologies, processes and practices that businesses from a wide range of industry sectors can adopt to improve their productivity and competitiveness.

Examples of advanced manufacturing include:

  • additive manufacturing (3D printing)
  • robotics and automation
  • advanced materials
  • artificial intelligence and machine learning
  • nanotechnologies
  • biotechnologies


Cyber Security

Cyber security is emerging as one of Australia's most promising growth sectors.  A surge in demand for cyber security products and services globally - driven by the growing need of organisation to protect their digital assets and databases from malicious activity - bodes well for Australian security companies.  

Circular Economy - NEW!

The world has finite resources.  A circular economy is an economic system aimed at minimising waste and making the most of resources.  This regenerative approach is in contrast to the traditional linear economy, which has a 'take, make, dispose' model of production.  

In a circular system, resource input and waste, emissions and energy leakage are minimised through long-lasting design, maintenance, repair, reuse, remanufacturing, refurbishing and recycling.  

Energy Resources

The Australian energy resources sector involves the exploration, development an extraction of energy an fuels from oil, gas, coal and uranium, and related services. 

Food & Agribusiness 

The Food & Agribusiness sector is an important part of the Australian economy economy and makes a significant contribution to the economies of regional areas through employment, business and service opportunities.  Australia's Food & Agribusiness sector includes food-related agricultural production, food processing and the major inputs to these activities.  It can be divided into two sub sectors:

  • food products including all processing and beverage manufacturing, as well as key inputs to the sub-sector; and
  • agribusiness including all agriculture that relates directly to food production as well as key inputs to the sub sector.


Global Social Impact - NEW!

Social impact can be defined as the net effect of an activity on a community and the well-being of individuals and families.  The Global Social Impact Award is applicable to those companies that have developed a technology that helps to improve the well-being and livelihood of individuals.

Medtech & Pharma

Pharmaceuticals and health technologies are knowledge-based, technology-intensive industries that are uniquely placed to develop and commercialise the outcomes of Australia’s long term investment in medical research.

A medical device or technology is any article, including software, intended to be used by humans for the diagnosis, prevention, monitoring or treatment of a disease, injury or physiological process. This includes products such as complex capital equipment (including operating theatre equipment and diagnostic imaging equipment such as x-ray machines and magnetic resonance imaging (MRI) scanners), high-tech advanced devices (such as ear implants, artificial hearts and other implantable devices); simple, low-risk devices (such as bandages and walking sticks); and diagnostic devices such as in vitro diagnostic test kits.

The Australian pharmaceuticals industry comprises bio-medical research, biotechnology firms, originator and generic medicines companies and service-related segments including wholesaling and distribution.

Mining Technologies

The Mining Equipment, Technology and Services sector provides specialised products and solutions for mineral exploration, extraction and mining supply chains. This includes equipment manufacturers; engineering services; mine software products and other related equipment, services and technologies where the primary function is to support the mining and mineral extraction industries.

Innovations in mining technologies enable Australian mining industry suppliers, global miners, researchers and capital providers to improve competitiveness and productivity.  

New Energy

New Energy refers to an energy source other than fossil fuels, such as sunlight, wind, rain, tides, waves, and geothermal heat. 

Smart Cities

A smart city is a designation given to a city that incorporates information and communication technologies (ICT) to enhance the quality and performance of urban services such as energy, transportation and utilities in order to reduce resource consumption, wastage and overall costs. The overarching aim of a smart city is to enhance the quality of living for its citizens through smart technology.

Eligibility Criteria

The Competition is suited to SMEs that have an established market and sales. This competition is geared to scaleups looking to expand internationally and further the commercialisation of their technology IP. Having said that, a number of pre-revenue companies have also been through the Competition. 

To enter, you must be an Australian-based SME with less than 100 employees. In addition, you must own or have commercial rights to the intellectual property for the key technology in an eligible industry sector. 

For complete details on the eligibility criteria that govern the Australian Technologies Competition please refer to the website.

Terms and conditions

For complete details on the terms and conditions that govern the Australian Technologies Competition please refer to the website.

How to apply

To submit an application to the Australian Technologies Competition please refer to the website.

Want to know more or not sure where to start?
Click on the page most relevant to you or learn more about how you can get involved:

Partners

https://womeninscienceaust.org/
ACT Government
Australian Access Federation
Australian National University
BHERT
CBR Innovation Network
Coalfacer
ORCID
University of Canberra
University of Technology Sydney
thinkable
Western Sydney University
The Department of Industry, Innovation and Science
The Conversation Media Group
IP Australia
Clarivate Analytics
The Australian Research Council