In 2020, Deakin ranked highest in terms of equity value generated from commercialisation ($167M) amongst all universities and R&D organisations across Australia and New Zealand. In the same year, Deakin was ranked seventh for the number of active entities created, with a focus on recycling and clean energy.
Knowledge Commercialisation Australasia - Survey of Commercial Outcomes from Public Research Report 2020 (PDF, 2.8mb)
REACH – the Recycling and Clean Energy Commercialisation Hub – is Australia’s largest recycling and clean energy advanced manufacturing ecosystem.
Through REACH, Deakin University is working with governments, industry and education partners to establish a multi-billion-dollar bioeconomy in Victoria.
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, leading commercialisation, and creating local jobs, building on Victoria’s global reputation now and into the future
Professor Julie Owens
Deputy Vice-Chancellor Research
In a few short years Deakin's business equity portfolio has grown to include 18 joint ventures and other vehicles with a market value of ~$1B. This includes projects such as FLAIM, UMS, Partington, Carbon Revolution, BNNTTL and LI‐S.
This success has been built on a strong IP pipeline, industry orientation and a unique and effective ecosystem based around our ManuFutures project and the Geelong Future Economy Precinct.
Deakin continues to develop its research hubs and facilities, with a program of over $120M in support and investment from the Victorian Higher Education State Investment Fund (VHESIF) and industry partners, targeting:
It is estimated by the Australian National Food Waste strategy that food waste costs our economy approximately $20B per year and results in harmful environmental emissions. This initiative will drive 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.
Accelerating innovative recycling and clean energy technology commercialisation, the REACH project is conservatively estimated to deliver revenue of $20m within two years. This is estimated to increase to $100+m within five years, and triple again within a decade, creating 1000s of ongoing jobs and significant economic value.
To discuss potential commercialisation opportunities, please contact Deakin Universities Director of Research Innovations Ross Mahon.
To learn more about the Geelong Future Economy Precinct please contact Deakin Research Innovations.
