The commercialisation of CSIRO research and technology reached an important milestone last week with agreements being signed in the food, sport and surveying industries.
CSIRO has now created more than 150 companies and currently hold interests in around 30. It is also Australia’s largest patent portfolio and issues around 80 licenses each year, many to Australian businesses.
CSIRO Director of Business Development and Commercial Jan Bingley said the deals for BARLEYmax, Zebedee and WASP, further demonstrate how CSIRO was helping build Australian businesses and boost the country’s productivity.
“CSIRO works with about 3000 clients each year, including more than 20 per cent of the Australian Stock Exchange top 200 companies and 1300 Small to Medium Enterprises,