The CRC for Spatial Information has been established to create new wealth and benefit for CRCSI participants and for the nation: through research innovation, adoption and commercialisation, through educational activities, and through powerful collaboration to build institutional capacity.		CRCSI commercialisation company
Projects The CRCSI strategy for technology transfer is inherent in the way it selects and funds its activities. The technology transfer and commercialisation/adoption strategy must be built into a proposal before the Governing Board will approve CRCSI funding and formalisation into a CRCSI project agreement contract. Criteria for project funding approval include a requirement that prospective commercialisers and/or end users have significant involvement in the project; that there is a clear and credible route to adoption; that the work plan reflects market awareness; and that it is aimed at a demonstration of the project output. Every project is governed by a Project Agreement which details intellectual property ownership, the proposed route to commercialisation / application, and the role to be played by the entities involved. All parties to the project sign the Agreement. Where appropriate, terms outlining the licensing and royalty structure are included. The Project Management Group agenda for quarterly meetings includes consideration of any commercial aspects pertinent to project progress and output.