The Geelong Future Economy Precinct is fast becoming Victoria's epicentre of world-leading research and innovation in advanced manufacturing, materials, energy, sustainability, technology, health and high-value agriculture. The site integrates Deakin's high-level research capabilities with specialised research equipment and industrial-scale infrastructure.
In just over six years, 2000 jobs have been created through industry partnerships and co-location opportunities, with several of Australia's – and the world's – leading manufacturers calling the precinct home.
Deakin is the number one university in Australia for equity held in start-up and spin-out companies and second only to CSIRO among all universities and research and development organisations across Australia and New Zealand. We have generated approximately $520 million value from commercialisation from 2020 to 2022.*
Deakin's business equity portfolio has grown to include 18 joint ventures and other vehicles with a market value of approximately $1 billion. This includes companies such as FLAIM, Universal Motion Simulation, Partington, Carbon Revolution, BNNT Technology Limited and Li-S Energy. Success has been built on a strong infrastructure and property pipeline, industry orientation and a unique and effective ecosystem based around our ManuFutures project and the Geelong Future Economy Precinct.
The Geelong Future Economy Precinct is an important area of partnership with SMEs and our communities, where we are deploying our combined capital, innovation expertise and training capabilities to lead commercialisation and create local jobs.
Professor Matthew Clarke
Deputy Vice-Chancellor Research and Alfred Deakin Professor
Deakin continues to develop its research hubs and facilities, with a program exceeding $120 million in support and investment from the Victorian Higher Education State Investment Fund and industry partners that targets:
REACH is Australia’s largest recycling and clean energy advanced manufacturing ecosystem. Through REACH, Deakin is working with governments, industry and education partners to establish a multi-billion-dollar bioeconomy in Victoria.
The Australian National Food Waste strategy estimates that food waste costs our economy about $20 billion per year. The BioFactory initiative drives advanced research and manufacturing capabilities for the conversion of organic waste into valuable products and the development and validation of advanced manufacturing solutions based on ‘green’ principles.
Over the next 10 years, we plan to increase our market sophistication and product development, as well as cement our position as a global leader in sustainable energy and material systems. Deakin's Geelong Waurn Ponds Campus will continue to evolve as a climate-ready campus exemplar and a model for academic excellence.
A number of success stories have come out of the Geelong Future Economy Precinct. Explore the links below to find out what we’ve achieved with our partners.
An innovative research centre focused on advanced battery prototyping and commercialisation.
A world-first, open-access facility that’s a purpose-built prototyping facility that supports design, fabrication and testing for next-generation batteries.
Multidisciplinary research to drive scalable pathways from the laboratory to commercialisation for new circular materials and technologies.
Deakin Energy Networks is an ecosystem of collaborators across industry, government and research, who share a commitment to an innovative transition to sustainable energy.
Accelerating innovation, strategic development and digital transformation on behalf of the Victorian Government.
One of Australia’s first facilities equipped to manufacture new hydrogen technologies, Hycel is translating research and development into clean energy and transport innovation.
Australia’s unique advanced manufacturing innovation hub that helps businesses to accelerate success through its unique facilities, programs and services.
We partnered with AusNet Services and Mondo Power to establish a microgrid on our Geelong Waurn Ponds Campus, where we perform solar energy and battery storage research.
To discuss potential commercialisation opportunities or to learn more about the Geelong Future Economy Precinct, contact Deakin Research Innovations.
