Why has the EIBC been developed?

The EIBC has been developed by the City of Monash and a number of other participating Councils, with State and Federal government assistance, to contribute to the next generation of innovators and entrepreneurs.

Australia has a strong knowledge economy, and some of the best science, medical and technological ideas are yet to be developed. Facilities like the EIBC provide start-up businesses with the support they need to develop and commercialise their idea.