Technology Commercialisation

powerHouse has developed its own methodology to systematically commercialise intellectual property and technology. This involves four main stages – screening commercialisable IP, shaping the technology to fit identified market needs, preparing a venture for investment, and targeting capital to test assumptions so a robust venture is ready for follow-on investment. powerHouse incubates these companies, providing capital, business building expertise, networks, recruitment andmo mentoring support.

This is the crux of the powerHouse process, culminating in investment for the technologies that we assess as having the greatest likelihood of becoming high-value technologies.

1. Screening (Can it be commercialised?) – powerHouse reviews intellectual property for commercial potential. A specialist screening team forms close relationships with researchers to understand the technology and its potential applications, sometimes securing pre-seed accelerator fund (PSAF) support to prove the concept. Even if the IP is found to be unsuitable for commercialisation, powerHouse feedback can inform future research, focusing it on downstream commercial opportunities
2. Shaping (Should it be commercialised?) – powerHouse defines the specific job that customers would “hire” this technology to do, and forms the venture around this value proposition. powerHouse will not proceed unless it can prove the new technology will deliver at least 25% greater value than customers’ current solution, and the venture’s intellectual property can be protected. powerHouse prefers disruptive innovation with the potential to displace traditional markets.
3. Investment – powerHouse invests from its annual funds and incubates each venture. It appoints a management team and board of industry and governance experts. Prototypes are produced and assumptions are tested via customer trials.
4. Follow-on funding – As the venture starts to grow, powerHouse secures follow-on and co-investment to create channels to market and stronger export capability.