South Australia calls for expressions of interest for new intermediary

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The South Australian government has announced $3 million in support for the operations of a new external innovation and translation intermediary located in Adelaide BioMed City.

Innovation minister David Pisoni said expressions of interest were now being called from organisations to set up the intermediary.

“The work of this Intermediary will allow our state to realise the full value of South Australia’s world class research and health care system within this $4 billion Innovation District to deliver transformative health and economic outcomes for South Australia,” said the minister.

“Importantly, intermediaries accelerate the growth of SMEs that engage with Innovation Districts by connecting them to talent, frontier technologies and great infrastructure.

“Across the world, similar organisations also deliver impact through enhancing collaboration, innovation and translation resulting in increased business revenue and export opportunities.”

South Australia chief scientist Professor Caroline McMillen said the establishment of the Intermediary is a key strategy in EXCITE - South Australia’s 10-year science and innovation strategy.

“The Intermediary will act as a magnet attracting health researchers, professionals and businesses who are seeking high calibre professional, technical and services support to Adelaide BioMed City,” said Professor McMillen.

Adelaide BioMed City general manager Yvette van Eenennaam said establishing the new intermediary at Adelaide BioMed City will be a remarkable boost for South Australia’s innovation ecosystem.

“We are excited to be working with the State Government to recruit a first-rate Innovation and Translation Intermediary to our Innovation District,” said Ms van Eenennaam.

“This is the next stage in realising the full benefits of South Australia’s magnificent health ecosystem which has served the state so well and ensures that it will continue to support our community and deliver global value well into the future.”

Expressions of Interest for Intermediaries close 5 pm Friday, 30 July 2021, and the successful organisation will be announced in late 2021.