The Torch Innovation Precinct at UNSW will be a premier destination for entrepreneurship – showcasing Chinese and Australian collaboration – located at Australia’s Global University.
This vision was endorsed by Australian Prime Minister Malcolm Turnbull and Chinese Premier Li Keqiang at a special signing ceremony between UNSW and the Ministry of Science & Technology at the Great Hall of the People in Beijing on 14 April 2016.
Flagship Phase One Contracts: 2016-2020
- Hydrogen energy storage technology
- Climate resistant power cable technology
- Wastewater treatment and resource recovery
Prototype incubator launched
- Advanced R&D and prototype manufacturing using graphene as an input in power cables
- New consortium of solar companies to invest in UNSW's Solar Industrial Research Facility
Phase Two: Ten Year Blueprint for Innovation
- By 2020, we will have created a new state-of-the-art 20,000 – 50,000 sqm innovation precinct.
- An Australian R&D base for 5-10 major Chinese companies.
- Technology Business Incubator to support up to 100 Chinese and Australian SMEs
New Innovation & Entrepreneurship Centre was established at TusStar Shanghai to incubate technology and support staff / student start-ups
UNSW: our 2025 strategy
In October 2015, UNSW published its new strategy committing to work with government, industry and the community in the translation of research activities into economic and social prosperity.
Through knowledge exchange, we are committed to:
- Building UNSW as a world-leading university for industry engagement
- Creating an effective industry-staff-student ecosystem for innovation and entrepreneurship
- Forging global alliances to ensure knowledge exchange contributes across the world
As a ground-breaking and internationally connected innovation precinct, Torch Innovation Precinct at UNSW will bring together industry, SMEs, entrepreneurs, investors and policy makers from around the world to our campus.