TechInvest News

Turning a million-dollar idea into a million dollars - TechInvest Magazine Online

Written by Tech Invest | May 29, 2017 4:19:42 AM

This year Curtin University is celebrating 50 years of innovation. When we began as the Western Australian Institute of Technology in 1967, we had a practical focus and can-do attitude that set us apart from other, more traditional higher education providers.

Over time, our essential character hasn’t changed. We’re still committed to turning ideas and research into new products and services that make a real social and economic difference.

Examples include the MillMapper and CrusherMapper services for monitoring wear on mining equipment, high-definition 3D seismic services for minerals exploration provided by HiSeis and video analytics technology being marketed by iCetana.

Professor Deborah Terry AO
Vice-Chancellor,Curtin University

We offer a range of programs for aspiring innovators and entrepreneurs including Curtin Accelerate, a fast paced ten-week program for Curtin staff, students and alumni that provides individuals and teams with industry contacts, workshops and mentoring to bring their ideas and businesses closer to reality.

We work on a variety of projects at various stages from early concept through to commercial ready.

Enquiries from industry representatives and investors interested in partnering, investment, licensing and mentoring opportunities are always welcome.

Visit research.curtin.edu.au/commercialisation

This year’s Curtin Accelerate participants

ClearDrum

Chronic Middle Ear Disease has hit global epidemic numbers.

Hundreds of thousands of surgeries are performed every year to help treat the condition, with a large proportion of these requiring further, repeated surgeries. Ear Science Institute Australia, in conjunction with Deakin University, has developed a new implant which mimics the natural properties of a human eardrum, called ClearDrum.

Laboratory-based testing has resulted in positive outcomes, exhibiting a potential for this implant to radically change the way these surgeries are performed in the future. The potential for this implant to positively impact the accessibility and effectiveness of ear surgery for the 330 million people with Chronic Middle Ear Disease is its greatest asset and it will provide surgeons with the ability to save time within theatre, improve client outcomes and reduce the need for specialisation in complex ear procedures.

Progression to human clinical trials and commercialisation of this implant is prioritised by Ear Science Institute Australia with a view to develop future partnerships with medical technology companies. Through Accelerate, Ear Science Institute Australia hope to make the technology available worldwide, which would revolutionise treatment.

Soter Analytics

Soter Analytics has developed a connected system that collects and analyses data from digital devices worn by industrial workers to help them work smarter, reduce injury risk and get more done.

The technology is already being used by mining company Roy Hill and facility services company ISS. With the help of Accelerate, Soter Analytics is preparing to scale globally with upcoming projects in France, Belgium and Canada.

To view this companies listing on Techboard click HERE.

Goodfit

Goodfit has developed a system that allows consumers to size their feet for online shoe purchases, removing the annoyance of the wrong size being delivered. Goodfit allows direct-to-consumer and online footwear retailers to focus on selling shoes rather than managing returns. Other benefits include a reduction in inventory and management overhead for typical bulk purchasers of footwear as part of their uniforms, like government departments such as defence, police, fire services and paramedics.

Shawn Ryan, founder of Goodfit, is hoping to improve the online shoe ordering user experience. (Photographer: Annabelle Fouchard, Curtin University).

To view this companies listing on Techboard click HERE.