The Council for Scientific and Industrial Research (CSIR) has officially launched a commercialisation enterprise, named CSIR C3 (pronounced as CSIR C-Cubed) to accelerate the pace and increase the scale of the commercialisation of its technologies and intellectual property (IP).

A fully owned CSIR company, CSIR C3 will have dedicated capacity to drive all aspects of technology commercialisation, providing adequate financial resources along the technology de-risking process through to commercialisation. The standalone enterprise will hold all CSIR IP and act as an incubator for start-up enterprises underpinned by strong technical and non-financial support. It will enable the commercialisation of CSIR IP through the development of a network of investors and entrepreneurs.