CSIRO launches AI Sprint initative to solve pressing national issues

The CSIRO-run National AI Centre (NAIC) has launched the AI Sprint initiative that aims to help startups develop AI solutions to address national issues like cost of living, supply chain resilience and environmental well-being.

A collaboration between NAIC, Australian innovation community Stone & Chalk and Google Cloud, the AI Sprint is a three-month competitive program that offers access to resources, tools, and expert support to refine AI-powered ideas into demonstration-ready prototypes.

The winner will be awarded $300,000-worth of research and development support from selected Australian research institutes, while second and third will receive $100,000.

“Australia’s AI Sprint offers our innovators the technological expertise and commercial savvy to create AI solutions with real impact for Australia," NAIC director Stela Solar said.

"The initiative provides start-ups and entrepreneurs with the end-to-end support needed to refine their innovations, gain visibility, and bring their AI solutions to market. This is the springboard opportunity to transform AI concepts into real-world impact.”     

The prize is provided by the NAIC and includes facilitation services by CSIRO's SME connect.

Winners will also be eligible for a range of support services from Stone & Chalk to help them secure capital, customers, expertise and talent for the most successful launch of their business.

Applicants will be accepted based on their proposals aligned to one of the program’s opportunity statements, with the first phase of the AI Sprint scheduled to commence in February 2024.

A selection of participants will progress to the second stage where they will benefit from enhanced support and resources in preparation for a Demo Day, where prototypes will be presented to an audience of industry stakeholders.

Stone & Chalk will bring startup support services to the table, with Google Cloud bringing AI technical support, while NAIC contributes AI expertise, an engaged community and resources. 

“AI’s potential to help solve real-world problems and build a stronger digital future for all Australians is significant," said Michael Langford, head of VC and startup ecosystem JAPAC at  Google Cloud.

"Initiatives like Australia’s AI Sprint play a crucial role in unlocking this potential, and we are pleased to support innovators across the country with our deep expertise, educational resources and mentorship.”      

"Prizes designed to accelerate startups’ growth will be awarded to the most viable ideas."