NSW unveils $150m fund to back research spin-offs with equity


The NSW government will invest $150 million in a new science and innovation fund to commercialise homegrown research and back the creation of new startups and scaleups with equity.

Set for a July 2027 launch, the fund will initially co-invest in world-class ideas emerging from NSW public universities, before moving to support researchers and entrepreneurs across the wider innovation ecosystem.

Leaders from the state’s top universities have welcomed the move, …

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