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Congratulations to Round 1 Drought Venture TNQ innovators

Congratulations to two innovators from the TNQ region for being selected for the first cohort for Beanstalk’s Drought Venture Studio.

  • Andres Ruiz is an MPhil candidate and Founder in Residence at JCU, leading research on plant-derived biomaterials and treatments for diseases. He is spearheading a project to transform the sugarcane industry in Far North Queensland by developing sustainable biopolymers and providing alternative revenue streams for local farmers.
  • Darryl Lyons, a Maiawali man and founder of Rainstick, integrates Indigenous knowledge with modern technology to address climate challenges in agriculture. His technology has shown potential to increase crop yield, particularly under drought conditions, by enhancing germination and early plant growth.

Darryl and Andres will now get 1-1 time with the Venture Builders who will work to validate the commercial potential of their IP over the next 90 days before entering a dedicated phase of building each venture.

Find out more about about Round 1 innovators.

Applications for the second round of innovators with research or IP to increase drought-resilience are now open.

Successful innovators will receive hands-on commercialisation support from a team of expert Venture Builders and the opportunity to be one of 8 startups matched with an experienced Founder for commercialisation and launch of a new drought resilience product or service. The program design is flexible as it recognises that applicants may have existing work or research commitments.

Applications close on 29 September at 9.00pm (AEST). Find out more.

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This program received funding from the Australian Government’s Future Drought Fund.
We acknowledge the Australian Aboriginal and Torres Strait Islander peoples as the first inhabitants of this country and pay our respects to the Traditional Owners and Elders, past and present, of the land on which we stand today, the Djabugay (pronounced Jap-ur-kai), Yirrganydji (pronounced Irri-kan-dji) and the Gimuy Yidinji (pronounced Goom-eye Yidinji) people (and all other country/people joining us today). In the spirit of reconciliation, we also acknowledge the valuable contribution that Australian Aboriginal and Torres Strait Islander peoples continue to make to James Cook University and the broader community.

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