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NSW Physical Sciences Fund

NSW Physical Sciences Fund Expert Panel

The Expert Panel to oversee and assess the PSF applications is composed of distinguished individuals who collectively have skills, experience and expertise in science and engineering, devices and systems commercialisation, venture capital, financial management and consumer advocacy. The Panel composition reflects a strong focus on end-user needs.

The following people were approved by the then Minister for Trade & Industry to be members of the PSF Expert Panel in 2018. In 2022 Professor Renate Egan replaced Professor Rose Amal, after the latter had served for three years:

Professor Annabelle Duncan, PSF Expert Panel member

Professor Annabelle Duncan PSM, Chair,Vice-Chancellor and CEO of the University of New England – Prior to joining UNE Annabelle spent 16 years at CSIRO, including six as Chief of the Division of Molecular Science. She has acted as an advisor to the Department of Foreign Affairs and Trade on biological weapons control, representing Australia at international arms control meetings and acting as a biological weapons inspector with the United Nations in Iraq.

Martin Duursma, PSF Expert Panel member

Mr Martin Duursma, partner Main Sequence Ventures (CSIRO Innovation Fund) – Martin has over 25 years’ experience as a technologist, business founder, angel investor and mentor in Australia and the US. A senior executive at Citrix, where he built their research arm Citrix Labs, he started the Citrix Accelerator and led investment in over 30 new companies. As VP and head of the Global Technology Office, he led due diligence in over 60 transactions totalling $2.5 billion.

Professor Renate Egan, NSW PSF Expert Panel member

Professor Renate Egan leads the UNSW activity in the Australian Centre for Advanced Photovoltaics. Named as one of Eight Great Women in the Business of Science and Solar by Renewable Energy World, she has led manufacturing and industrial technology development of energy technologies in Australia, Germany and China. Renate is Co-Founder of Solar Analytics, providing expertise across industry, manufacturing and small business, government, university and not-for-profits. Renate now participates on a number of national and international panels, boards and review committees across the energy sector. Renate represents Australia on the Executive Committee of the IEA PV Power Systems program.

Dr Simon Poole, NSW PSF Expert Panel member

Dr Simon Poole AO, Director and VP Business Development at Cylite Pty Ltd. Simon is an engineer with over 30 years’ experience in photonics in research, academia and industry. A leading technologist and entrepreneur in optical communications, he is highly experienced in startups and is renowned for both his contribution to the technology of photonics and the companies he founded (Indx, Engana, Cylite), which have generated over $1.25 billion in revenues to date.

Professor Tony Weiss, NSW PSF Expert Panel member

Professor Tony Weiss AM, Professor of Biochemistry & Molecular Biotechnology, The University of Sydney – Tony’s research on tropoelastin and elastin, the biological ingredients that give human tissue its elasticity, led to his invention and commercialisation of biological treatments that decrease scarring and accelerate the repair of wounds.  Elastagen, the Sydney spin-out company Tony founded to commercialise tropoelastin, was acquired in February at a value of USD$260 million by Allergan, one of the world’s 20 largest biopharmaceutical companies, with the products rapidly moving to market. Tony was one of the first recipients of a grant through the NSW Medical Devices Fund.