evidoria

← Back to browse

Good practice

CSIRO ON — Australia's National Research Commercialisation Accelerator

Australia · Canberra · See the Australia profile

Australia's national science agency runs a research-commercialisation accelerator that has graduated 80+ deep-tech spin-out companies and helped alumni secure over AUD 800 million in grants and investment since roughly 2016.

800 AUD million
Total funding raised by ON alumni (cumulative) (c.2016–2026, cohorts 1–10, cumulative as reported)
371 AUD million
Commercialisation grants secured by alumni (cumulative) (c.2016–2026, cumulative as reported)
433 AUD million
Direct investment raised by alumni ventures (cumulative) (c.2016–2026, cumulative as reported)
7,800
Researchers and innovators trained (cumulative, self-reported) (c.2016–2026, cumulative as reported)
CSIRO ON — Australia's National Research Commercialisation Accelerator

Details

Maturity
Established
Promoter
CSIRO (Commonwealth Scientific and Industrial Research Organisation)
Period
c. 2016–2026 (cohorts 1–10)
Keywords
research commercialisation, accelerator, deep tech, public research agency, venture translation

Context

CSIRO's ON programme (ON Accelerate / ON Prime) is a structured translation and commercialisation programme for publicly funded researchers, running multi-week cohorts that pair research teams with entrepreneurship training, industry mentors and investor introductions. By 2025–26 it had reached its ninth and tenth cohorts, each selecting 10–11 teams from CSIRO and partner universities (recent cohorts drew teams from the University of Melbourne, the University of Newcastle, UTS, Flinders University and UNSW).

Objectives

The programme aims to translate publicly funded research into commercial ventures by giving research teams structured entrepreneurship training, industry mentoring and investor introductions.

Activities

Selected teams take part in multi-week cohorts combining entrepreneurship training, industry mentors and investor introductions; each team receives roughly AUD150,000 in direct participation funding plus up to AUD80,000 in performance-based payments.

Results

As of the ninth cohort (2025), ON alumni had collectively secured around AUD336 million in commercialisation grants; by the tenth cohort (2026) CSIRO reported alumni had gone on to raise over AUD800 million in total funding, split between AUD371m+ in commercialisation grants and AUD433m+ raised directly by new ventures — figures corroborated independently, with different point-in-time totals, by Australian business press covering successive cohorts. CSIRO states the programme has equipped more than 7,800 researchers and innovators across 62 partner research organisations with commercialisation skills, and that alumni companies have created 700+ jobs in high-impact sectors.

Conclusions

The reach and researcher-training figures (7,800+ researchers, 700+ jobs) come from CSIRO's own reporting. Independent press coverage corroborates the headline funding totals but does not independently verify the training and jobs figures, so those specific numbers should be read as self-reported.

Implementation

Indicative cost
High (€500k–€5M) — Each selected team receives roughly AUD150,000 in direct participation funding plus up to AUD80,000 in performance-based payments; no total annual programme budget figure was found in the sources reviewed.
Time to results
Long (> 3 years) — Running since roughly 2016 through at least ten annual cohorts (cohorts 9–10 documented in 2025–2026), each selecting 10–11 teams.

Conditions for success

  • Structured multi-week cohorts pairing research teams with entrepreneurship training, industry mentors and investor introductions, drawing teams from CSIRO plus a rotating set of partner universities each cohort.
  • Direct participation funding (~AUD150,000 per team) plus up to AUD80,000 in performance-based payments gives teams working capital to de-risk commercialisation activities during the programme.

Common failure modes

  • Training and jobs figures (7,800+ researchers, 700+ jobs) are CSIRO's own reporting and are not independently verified, unlike the funding totals, which are corroborated — with differing point-in-time figures — by independent press.

Where it fits

Governance type
national public research agency programme (CSIRO)
Scale
national (Australia), cohorts drawn from CSIRO plus multiple partner universities
Income level
high-income (Australia)

Data sources

Where this practice's information was retrieved from, and when.

Attachments

Similar practices you may find useful

★ 67

Melbourne Connect

Australia

Australia's largest university-anchored innovation precinct, opened 2021 by the University of Melbourne and Lendlease. 3,000+ knowledge workers on campus; 240+ …

★ 86

EPFL Innovation Park

Switzerland

The EPFL Innovation Park in Lausanne houses 250 high-tech companies and 2,500 researchers, enabling structured university–industry knowledge transfer. EPFL-related startups …