The New South Wales Government has allocated $438,375 in funding to the University of Newcastle’s Hunter Cleantech Accelerator to drive innovation in clean technology.
This injection of funds is poised to empower local innovators within the Hunter region, providing them with resources to boost their environmentally sustainable products into the market.
Operated through the University’s Integrated Innovation Network (I2N), the Hunter Cleantech Accelerator program is strategically crafted to enhance the capability and competitiveness of tech-enabled entrepreneurs across various sectors.
These include clean energy, clean water, recycling and waste management, supply chain optimisation, built environment solutions, air quality improvement, and transportation innovations.
Participants in the program will benefit from a tailored ‘Accelerator’ initiative, offering them practical guidance and support from a network of seasoned experts.
The aim is to facilitate the successful development and commercialisation of their clean technology solutions.
Expressing gratitude for the NSW Government’s support, Vice-Chancellor Professor Alex Zelinsky emphasised the University’s commitment to fostering regional growth and sustainability.
“We are committed to being a University of and for our regions and we are proud to be at the centre of the Hunter’s transformation to a clean energy future.” Professor Zelinsky stated.
“Our region has already shown that it can lead the state in clean technology with projects like our Trailblazer for Recycling and Clean Energy program, the Decarbonisation Innovation Hub and Port of Newcastle’s Clean Energy Precinct,” Zelinksy added.
The funding, secured through the NSW Government’s Accelerating Regional Innovation Fund, aligns with the state’s long-term economic vision for regional communities.
It underscores the government’s commitment to nurturing innovation and driving economic prosperity across New South Wales.
Highlighting the significance of collaboration between key stakeholders, Port of Newcastle CEO Craig Carmody emphasised the strategic partnership between the Port and the University of Newcastle.
“Port of Newcastle and The University of Newcastle are intrinsically linked to ensure the success of a clean energy economy in the Hunter,” said Carmody.
“Our collaborative and strategic partnership, stemming from our Gold Strategic Partnership with the University’s I2N, prioritises support for regional businesses and entrepreneurs, with the Hunter Cleantech Accelerator initiative ensuring Hunter tech-enabled entrepreneurs have the best support available to successfully commercialise new technologies in the clean technologies sector,” the CEO explained.
Carmody extended gratitude to the NSW Government for recognising the value brought by the University of Newcastle’s program to the Hunter and regional New South Wales.
Local entrepreneurs interested in participating in the Hunter Cleantech Accelerator program can find more information and apply at the University of Newcastle’s Cleantech Accelerator Program.
