26 Feb 2015

Science commercialisation award new for 2015 Prime Minister’s Prizes for Science

The Australian Government will recognise the practical and commercial successes of Australian scientists, with a new award to be added to the 2015 Prime Minister’s Prizes for Science. Minister for Industry and Science Ian Macfarlane said that Australians make a significant investment in science through an annual Government budget of $9.2 billion.

“All Australians benefit from the advances in science and the best way to share the gains of our world-class scientists is to encourage stronger links between science and business,” Mr Macfarlane said. "The new prize, the Prime Minister’s Prize for the Commercial Application of Science, will promote building better links between researchers and industry and encourage entrepreneurship in our business and research communities."

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