Radium Capital and CORE Innovation Hub will collaborate to bolster start-ups striving to create a net-zero future.
Radium Capital is a research and development (R&D) financier and the CORE Innovation Hub builds ecosystems and innovation infrastructure for the resources and energy sector.
Radium Capital will act as a CORE Start program partner under the agreement. It will be fixed at CORE Innovation Hub’s locations in Perth, Newman and Adelaide.
The partnership will initially run for 12 months and is available for CORE Start Program’s early-stage businesses at CORE Innovation Hub’s facilities.
Other terms of the agreement include Radium Capital will also give program participants one-to-one access to its R&D finance experts and a referral pathway to its network of trusted adviser, and it becoming a fixture on discussion panels and presentations at the CORE Innovation Hub’s monthly CORE Connect Industry events.
The CORE Start program will start featuring tailored content on R&D funding for energy and resources companies.
Radium Capital will also join the roll call of sponsors for CORE Innovation Hub’s 2024 Hot 30 Awards, which recognises and showcases the most successful small and emerging ventures shaping Australia’s mining, energy and related industry sectors.
“Research and development in the energy and resources space can often be prohibitively capital-intensive. The partnership strengthens access to reliable and regular capital for resources and energy start- ups targeting economic and environmental wins,” Radium Capital managing director Jeremy Loftus said.
“We’re honoured to join forces with Australia’s leading mining and energy ecosystem to help these innovators as they strive to decarbonise the sector and deliver globally significant change.”
CORE Innovation Hub’s National Innovation Hub lead Renee Hakendorf said the company is pleased to welcome Radium Capital as an ecosystem partner.
“As entrepreneurs themselves, Radium Capital brings a unique perspective that complements our CORE Start and Hot 30 Awards programs,” Hakendorf said.
“This partnership will strengthen our support for emerging innovators and small businesses in the energy and mining sector.”
