What is the Science and Industry Endowment Fund?
The Science and Industry Endowment Fund was founded by statute in 1926 at the same time as the predecessor organisation to CSIRO – the CSIR.
While the Fund has been quietly active since this time, CSIRO’s recent gift to the Fund, made possible from proceeds of its fast wireless local area network (WLAN) technology, has allowed it to be rejuvenated as an endowment mechanism for science in Australia.
The rejuvenated Fund was launched by the then Minister for Innovation, Industry, Science and Research, Senator the Hon Kim Carr on 20 October 2009:
Did you know?
The Science and Industry Endowment Fund has played a vital role in supporting the development of Australian science and scientists. Read more.