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Turning ideas into jobs: Accelerating R&D in NSW Action Plan

1 November 2021

The Turning ideas into jobs: Accelerating R&D in NSW Action Plan 2021, aims to better connect research ‘sellers’ and ‘buyers’ and link researchers to research infrastructure and expertise.

The Action Plan recommends actions to accelerate the rate ideas are translated into new industries, jobs, products and services.

The five recommended Priority Actions are:

  1. Launch a Small Business Innovation Research (SBIR) program
  2. Boost open data
  3. Turbocharge precincts
  4. Target strategic support for NSW universities
  5. Establish an R&D matchmaking platform