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CSIRO invests $20 million to drive SME innovation

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CSIRO invests $20 million to drive SME innovation

 

Australia’s national science agency, CSIRO, has committed a substantial $20 million investment aimed at enhancing access to crucial research and development (R&D) opportunities for small to medium enterprises (SMEs), with the goal of fostering their growth and innovation.

This funding infusion will empower CSIRO’s SME Connect team to support up to 750 SMEs through an array of comprehensive programs and initiatives. These initiatives encompass facilitation, training, dollar-matched funding, and assistance for start-ups and SMEs seeking engagement in company-led research projects.

Among the supported programs is CSIRO Kick-Start, a flagship initiative of SME Connect. Since its inception in 2017, the Kick-Start program has facilitated over 280 company-led R&D projects, boasting alumni companies with a collective market value exceeding $2 billion.

Dr. Doug Hilton, Chief Executive of CSIRO, underscores the profound significance of this investment and its transformative potential for Australia’s critical SME sector. He emphasizes the pivotal role SMEs play in driving Australia’s future, serving as bastions of innovation and solutions to societal challenges.

Dr. Hilton states, “CSIRO’s fundamental role as the national science agency is to create benefits for Australia, including driving SME productivity, sustainability, and growth through enhanced access to R&D opportunities and research support, fostering a resilient and diverse economy.”

SMEs constitute the backbone of Australia’s economy, accounting for 99.8% of businesses, contributing over half of the gross domestic product (GDP), and employing 68% of the private sector workforce.

CSIRO’s SME Connect team has a proven track record of supporting start-ups and SMEs across various industry sectors, including technology, manufacturing, agriculture, mining, energy, health, and biosecurity.

Simon Hanson, Director of CSIRO’s SME Connect, highlights how this investment bolsters Australian innovation by providing practical avenues for SMEs to leverage the expertise and facilities of the national science agency. He stresses the importance of collaboration between industry and the research sector for the longevity and success of Australian SMEs.

Hanson notes, “This funding enables us to bridge the gap between industry and academia, fostering meaningful collaborations and facilitating innovation and growth within the SME ecosystem.”

Goterra, an award-winning start-up based in Canberra, exemplifies the success stories emerging from CSIRO’s SME Connect programs. Olympia Yarger, Founder of Goterra and a CSIRO Kick-Start alumni company, developed an innovative waste management system utilizing insects to process food waste, resulting in a 97% reduction in greenhouse gases.

Yarger lauds CSIRO’s Kick-Start program for connecting Goterra with leading scientists who provided world-class research capabilities and pivotal support in exploring business opportunities, alternative technological advancements, and industry connections.

For businesses intrigued by the potential of R&D to address their challenges, CSIRO’s SME Connect offers a suite of programs tailored to support R&D initiatives. These include CSIRO Kick-Start, Innovate to Grow, Generation STEM Links, RISE Accelerator, and the Collaboration Readiness Levels tool.

For further information on CSIRO’s SME Connect programs, visit their website here.

Sidebar:

  1. CSIRO’s commitment to fostering SME innovation through R&D funding.
  2. Success stories like Goterra, showcasing the tangible benefits of CSIRO’s programs for SMEs.
  3. The diverse range of industry sectors supported by CSIRO’s SME Connect initiatives, promoting innovation across various fields.

 

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Workforce barriers tripping up young Australians and how to overcome them

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Workforce barriers tripping up young Australians and how to overcome them

 

Only half of young people feel confident in achieving their current or future career aspirations due to workforce barriers, new research has found.

This, coupled with a youth unemployment rate of 9.7% as of May 20242, underscores the critical need for targeted support and resources to equip young individuals with the foundational skills essential for navigating today’s complex job market.

For young people, particularly those from marginalised groups like Indigenous youth and women, there are additional barriers that exacerbate the challenge in securing employment and advancing careers including things like systemic inequities, limited access to quality education and training as well as pervasive social biases.

For example, recent studies have shown that 37% of women working in predominantly male environments report experiencing gender-based competence challenges3.

Employment services provider atWork Australia is addressing these challenges head-on by spotlighting the empowerment of young talent in preparation for World Youth Skills Day on 15 July, providing comprehensive support to young individuals, ensuring they have the necessary skills and assistance to confidently enter the workforce.

Over the last year, atWork Australia has supported over 7,300 young people (aged 25 years or younger) on their individual employment journey across metropolitan and regional Australia. Trends show that hospitality, warehousing and retail are the most appealing industries for young people to seek out. atWork Australia celebrates and applauds youth transition to all industries as each individual embarks on their employment and career journey.

One inspiring example is atWork Australia client, 18-year-old Yasmine, a determined Indigenous young woman from Mount Druitt, New South Wales. Through atWork Australia’s guidance, Yasmine defied odds and successfully entered the traditionally male-dominated mechanical industry.

Yasmine’s journey, starting from when she left school in Year 10, it reflects her resilience in overcoming significant challenges. Initial barriers included securing additional work hours and attending appointments due to financial constraints. Yasmine found crucial support from atWork Australia for emotional, mental and educational barriers as well as practical needs like food vouchers and travel costs4.

“atWork Australia has been a tremendous support for me,” Yasmine shared. “They kept me informed about job opportunities and reached out to discuss potential roles. It was empowering to be able to communicate my interests and preferences directly to them.”

Navigating her way through interviews and her initial week on the job, Yasmine benefitted from the guidance of atWork Australia’s Indigenous Connections team, who provided essential mentorship and support.

Despite encountering scepticism and doubts as a woman in a male-dominated field, Yasmine persevered, impressing her colleagues with her skills and determination.

“At 18, there were moments of self-doubt, especially being an 18-year-old female in this industry, but with atWork Australia’s unwavering support, I gained confidence and pushed through,” Yasmine reflected.

atWork Australia will continue to assist Yasmine until she feels fully settled in her new role and is committed to supporting her journey towards achieving her long-term goal of saving for a house deposit.

Yasmine’s story exemplifies the transformative impact of tailored support and mentorship in empowering young individuals to thrive in challenging environments.

atWork Australia is dedicated to providing comprehensive support to young individuals, ensuring they have the necessary skills and assistance to confidently enter the workforce.

To find out more about atWork Australia’s support services, please visit: www.atworkaustralia.com.au. Additionally, you can listen to any of the podcasts from the ‘Candid Conversations with Shaun Pianta’ podcast series here where atWork Australia Brand Ambassador and Paralympian, Shaun Pianta, speaks about his employment journey, following a life-changing holiday.

 

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Scrap Metal Company and Directors Fined for Mass Limit Breaches

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Scrap Metal Company and Directors Fined for Mass Limit Breaches

 

A Melbourne-based scrap metal company and its three directors have been fined for failing to manage legal mass limits after an investigation uncovered 69 mass limit breaches over two years.

The National Heavy Vehicle Regulator (NHVR) Safety and Compliance Officers intercepted one of the company’s heavy vehicles in April 2021, discovering it was loaded at 120.42% of the prescribed mass limit.

Subsequent investigations revealed 69 mass limit breaches, including 24 severe risk breaches, defined as loads at 120% or more of the mass limit. The company pleaded guilty to a Category 1 offence under the Heavy Vehicle National Law (HVNL) and was fined $180,000.

The three directors also pleaded guilty to failing to exercise due diligence and ensure transport safety, receiving fines of $8,500, $7,000, and $7,000, respectively.

NHVR Acting Director of Prosecutions Elim Chan emphasised the dangers of overloaded heavy vehicles. “Heavy vehicles loaded beyond their prescribed mass limits pose serious public safety risks by compromising stability, steering, performance, and braking capability,” Ms. Chan said.

She stressed the importance of proper systems and training to ensure compliance with the HVNL and protect both drivers and the public.

The NHVR offers online tools and guides to assist with loading requirements. For resources, visit NHVR Loading Guides View the resources.

 For more information on NHVR prosecutions, visit NHVR Prosecutions.

 

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In June Australian unemployment dropped to 8.3%; lowest unemployment since September 2022

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In June Australian unemployment dropped to 8.3%; lowest unemployment since September 2022

 

In June 2024, Australian ‘real’ unemployment dropped 62,000 to 1,307,000 (down 0.4% to 8.3% of the workforce). This is the lowest rate of unemployment for nearly two years since September 2022 although overall employment is virtually unchanged above 14.3 million.

Although unemployment decreased in June as people left the workforce, under-employment increased by a similar amount in the month, up 65,000 to 1,403,000. Taken together overall unemployment and under-employment in June is virtually unchanged at 2.7 million (17.3% of the workforce).

The June Roy Morgan Unemployment estimates were obtained by surveying an Australia-wide cross section of people aged 14+. A person is classified as unemployed if they are looking for work, no matter when. The ‘real’ unemployment rate is presented as a percentage of the workforce (employed & unemployed).

  • Overall employment reaches virtually unchanged in June near record high above 14.3 million:

Australian employment was virtually unchanged at 14,307,000 (down 3,000) in June. There was a shift to more part-time employment though with 4,941,000 (up 72,000) now employed part-time while full-time employment was down 75,000 to 9,366,000. Increasing part-time employment is often associated with a rise in under-employment – which increased by 65,000 in June.

  • Unemployment decreased for a second straight month in June to its lowest for over a year:

In June 1,307,000 Australians were unemployed (8.3% of the workforce, down 0.4%), a decrease of 62,000 from May and the lowest level of unemployment for over a year since May 2023 (1,258,000). It is also the lowest rate of unemployment for nearly two years since September 2022 (8.1%).

The fall in unemployment was driven by fewer people looking for full-time work, down 131,000 to 469,000 while there was an increase in those looking for part-time work, up 69,000 to 834,000.

  • Overall unemployment and under-employment was virtually unchanged at 17.3% in June:

In addition to the unemployed, a further 1.4 million Australians (9% of the workforce) were under-employed, i.e. working part-time but looking for more work, up 65,000 from May. In total 2.7 million Australians (17.3% of the workforce) were either unemployed or under-employed in June.

  • Comparisons with a year ago show rapidly increasing workforce is driving employment growth:

The workforce in June was 15,610,000 (down 65,000 from May, but up 404,000 from a year ago) – comprised of a near record high 14,307,000 employed Australians (virtually unchanged from a month ago but up a massive 673,000 from a year ago) and 1,303,000 unemployed Australians looking for work (down 62,000 from a month ago and down 269,000 from a year ago).

 

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