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This month in headlines:

• What the budget means for deep tech 
• Want to be in the room at Cicada x Tech23?
• Space x Health communities join forces 

Hi there,

As the dust settles on this year’s budget, I have reflected on what it means for the deep tech sector in Australia. 

My hope that ‘short term sugar hits’ would be replaced with long term vision and investment came somewhat true. The Treasurer's budget laid out several foundational measures to support SMEs, encourage startups, and invest in skills and training for the future.

The new Industry Growth Program, an evolution of the Entrepreneurs Program, aims to support early stage startups & SMEs with advice and grants to help them commercialise their ideas and grow. As well as create a pipeline of quality, investment-ready projects for the National Reconstruction Fund, a strong signal of the future-oriented thinking we need. 

Deep tech startups and SMEs are a driver for the future economic growth so it was good to see them included in the federal government’s strategic priorities, but it will take more than just policy and federal funding to see our deep tech sector flourish. 

I’ve said before that it takes a village to raise a deep tech startup. Government has a role to play, but we also need investors, executives, corporates, and community leaders. This is what we’re doing at Cicada x Tech23, assembling the village to support 23 game-changing deep tech startups.

This is NOT a pitch event. Instead, an opportunity to engage in meaningful conversations with the founders about their mission, vision for the future, and get to know the people behind the technology. Gain insights into the challenges they're tackling and the systems and solutions we need to create positive change across industries and for Australia.  

Our goal is to foster more productive and collaborative relationships and set the stage for long-term partnerships that benefit everyone involved. Are you part of the village that has the means and will to help deep tech startups? Submit your expression of interest to reserve your place in the room.

Sally

Sally-Ann Williams

CEO of Cicada Innovations

What's going on at Cicada this month

Wednesday 7th June | 5.30pm - 7.30pm

For the first time, we are bringing the Australian space and health tech communities together. Join us for a conversation with Mark Grosser, CEO and Chairman at 23 Strands and ​Dr. Joshua Chou, CEO of EXPLOR, as we explore the power of combining the two sectors and the new opportunities arising.

Community News

🚀  Cicada resident, Calumino, has announced a partnership with DANLERS, to bring a game-changing product to the occupancy sensor market. Their new product will be introduced at the LightFair show in New York. Learn more.

🌳  Three Agtech Cicada residents, InvertiGro, Regrow and LLEAF, have been featured in the latest issue of Forbes Australia Magazine. Read more

⚙️ The Australian startup and Cicada alumni, Hillridge, was recently featured in The Australian Farmer, introducing their latest tools to help farmers mitigate poor weather and make better management decisions. Read the full article 

💊 Cicada resident, Navbit, has partnered with Smith+Nephew to bring their revolutionary hip navigation technology for cup alignment to Japan. Learn more.

⚙️ Listen to Kieran MacKenzie, founder of Presien, speaking about the AI vision opportunities for heavy industry and how the technology will change the sector at the HSEQ Academy.  Watch here.

📡 Aquila Earth, resident in the National Space Industry Hub, has recently secured $3M in funding. Learn more about their next steps in this spotlight. Read more

🚀  Last week to apply for Space Elevate! Transform your space tech idea into a thriving business through this hands-on 2-day workshops at Cicada Innovations on 7th and 8th June 2023. Apply

🔍 Do you want to learn more about how to get free support to bring your research or health innovation to market? Join the info session about the NSW Health Commercialisation Training Program on 5th June. Register

📡  Applications are open for Space Fast Start, a 6-months bespoke intensive mentoring program to address your specific needs and supercharge your space commercialisation with experts like Tim Parsons. Apply now

Jobs in our community

• Finance Manager | Xefco
• NSW Business Manager | Converte
• Senior Scientist, Quantum Sensing | Q-CTRL
• Full Stack Engineer - Australia  | ReGrow

Ecosystem Events & News

• KPMG has launched the 2023 Tech Innovator in Australia and is looking for Australia’s leading tech innovators looking to take their business globally! Apply here

• Are you an Australian and American technological pioneers or do you know about one? Nominations are officially open for the 2023 AmCham Alliance Awards recognising emerging leaders in tech! Nominate here

• Deep tech leaders including Sally-Ann Williams share their thoughts on the Australian budget, and the new Industry Growth Program. Read more.
• XPrize launches a 4-year competition that will award A$16M to innovate bushfire detection and rapid response technologies. Find out more.

Join our Deep Tech community on LinkedIn

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