CSIRO Agriculture & Food has established a Company Creation team that is looking to collaborate with companies to rapidly deliver transformational technologies to address significant market opportunities.
Our Company Creation model uses market insights to first identify a big global opportunity, then uses design-led thinking to bring a trans-disciplinary research team together. The focus is on developing solutions to address the market opportunity, through collaboration with the commercial partner and leveraging venture expertise to craft a business vehicle that is led by a venture builder to move with speed and agility to be scaled rapidly through investment.
An example of this is v2food where CSIRO scientists from many disciplines worked rapidly with partners, Competitive Foods and Main Sequence Ventures to develop plant-based meat alternatives to meet growing market demand.
We are currently exploring new opportunities in food, beverages, digital solutions and genetic technologies.
Partnering and early co-development with a large value chain partner is a crucial element that allows rapid prototyping and reduces commercial risk. This partner will be a shareholder and work with us in the development of the technology to provide the pathway for the first products from the start-up on a non-exclusive basis.
Company Creation is a new bespoke research-for-equity model that can unlock rapid growth in research investment whilst providing an equity position to all participants. All parties are incentivised by holding an equity position, creating a culture in which they each 'lean in' to the start-up, doing what is best for the business.
The Company Creation model also provides a potential pathway for companies that require additional innovation support to leverage the capacity of other partners in the venture. It also provides CSIRO with the opportunity to support the development of innovation capacity in Australian companies.
The Company Creation team, led by Duncan Ferguson, invites you to get in touch and explore new opportunities. Click below and let's see where it takes us!