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Geelong Future Economy Precinct

Infrastructure to drive Geelong’s future economy

The Geelong Future Economy Precinct at Deakin’s Waurn Ponds Campus is home to a multitude of businesses and industry partners, contributing to a vibrant manufacturing industry in the Geelong region.

World-leading research commercialisation

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.

Partner with us

Equity value generation

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.*

A rapidly growing portfolio

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

Opportunities and growth

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:

  • Affordable clean energy – Investments to develop the hydrogen economy in Warrnambool and aligned to safe, high performance battery technology in Burwood and Geelong.
  • Revived manufacturing centre – Doubling the size of ManuFutures, enhancing the hub's capacity to support advanced manufacturing in regional Victoria.
  • Skills and innovation capital – Combining global innovations with local expertise to support a vibrant, growing and resilient SME base across Victoria.
  • Most successful regional economy – Continued investment in regional capability and capacity including flagship marine and water management projects.
Recycling and Clean Energy Commercialisation Hub

Recycling and Clean Energy Commercialisation Hub

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 Deakin BioFactory

The Deakin BioFactory

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.

Find out more about our objectives

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.

Innovative hubs, facilities and services

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.

Battery Research and Innovation Hub

An innovative research centre focused on advanced battery prototyping and commercialisation.

Battery Research and Innovation Hub

Carbon Nexus

A world-first, open-access facility that’s a purpose-built prototyping facility that supports design, fabrication and testing for next-generation batteries.

Carbon Nexus

Circular Economy Initiative

Multidisciplinary research to drive scalable pathways from the laboratory to commercialisation for new circular materials and technologies.

Circular Economy Initiative

Deakin Energy Networks

Deakin Energy Networks is an ecosystem of collaborators across industry, government and research, who share a commitment to an innovative transition to sustainable energy.

Deakin Energy Networks

Digital Futures

Accelerating innovation, strategic development and digital transformation on behalf of the Victorian Government.

Digital Futures

Hycel

One of Australia’s first facilities equipped to manufacture new hydrogen technologies, Hycel is translating research and development into clean energy and transport innovation.

Hycel

ManuFutures

Australia’s unique advanced manufacturing innovation hub that helps businesses to accelerate success through its unique facilities, programs and services.

ManuFutures

Microgrid

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.

Microgrid

Contact us

To discuss potential commercialisation opportunities or to learn more about the Geelong Future Economy Precinct, contact Deakin Research Innovations.