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This month, Ventia announced its first Innovation Partner, joining forces with Cicada Innovations, Australia’s only dedicated “deep technology” business incubator.
Owned by four leading Australian Universities – the University of Sydney, Australian National University, University of Technology Sydney and University of New South Wales – Cicada is home to one of the largest and most successful communities of entrepreneurs in our region.
The partnership falls under Cicada’s 2017 Industry Engagement Program, a scheme designed to drive the commercialisation of research in Australia by granting industry leaders one-of-a-kind access to its portfolio of 75+ advanced ‘deep technology’ start-ups, and its network of national research institutions.
Cicada Innovations Chief Executive Officer, Petra Andrén said, “Creating pathways for collaboration between our portfolio of start-ups and world-leading research institutions with a large services company like Ventia, is a way to unlock the veritable goldmine of skills and knowledge we have sitting within our own local innovation ecosystem waiting to be commercialised by this type of innovation-focused organisation.”
Ventia’s Chief Information Officer Risto Dukovski explained that the partnership is strongly aligned to Ventia’s vision – to lead the way in infrastructure services by harnessing the power of technology.
“This partnership and the technology scouting opportunities it will provide, enable Ventia to identify first-to-market ideas and technologies that could apply to our own operations or processes, enhance our products and services, or address specific industry or customer challenges,” said Risto.
Ventia’s partnership with Cicada is the first in a growing network of Innovation Partners for Ventia across Australia and New Zealand as we continue to deepen our focus on Innovation.
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