Company Profile

 

PURPOSE

 

AVS’ purpose is to help improve the productivity and competitiveness of Victorian farmers where a private sector route to market for research outputs is needed.

 

Government invests in research to increase the productivity and competitiveness of Victorian agriculture.

 

AVS  provides  expert  intellectual property management and technology commercialisation services to maximise the adoption and impact of research discoveries and capability, thus enabling the Government to meet its objectives.

 

HISTORY

 

Agriculture Victoria Services Pty Ltd (AVS) has delivered almost thirty years of service to the Government of Victoria. The Company was established in 1986 by the Victorian Government to provide a commercial interface between the Department of Agriculture and Rural Affairs and private industry.  Originally established as Daratech Pty Ltd in 1986, the Company’s name was changed to Agriculture Victoria Services Pty Ltd in 1998.

 

Today, AVS is widely recognised by its collaborators and stakeholders as the entity responsible for the protection and commercialisation of novel technologies created by world-leading biosciences and agriculture research undertaken by the Department of Economic Development, Jobs, Transport and Resources (‘the Department’).

 

OBJECTIVES

 

AVS’ strategic approach reflects  a growing depth, breadth and complexity of the Company’s business. In this context and consistent with the purpose  for which the Company was established  by the Victorian Government, AVS aims to further strengthen its role of providing a professional and objective commercial interface to support the transfer of the Department’s intellectual property and scientific capabilities to the marketplace.

 

The strategic aspirations of AVS are expressed through three objectives:

 

  1. To provide intellectual property and commercial services to maximise the impact of Department technologies and research capabilities;

 

  1. To ensure the Department’s intellectual property and commercial risks are well managed and the State’s interests are protected; and

 

  1. To enhance and accelerate the adoption of the Department’s technologies with support from AVS investment.

 

COMPANY VALUE

 

AVS has developed a  relationship  with  industry  as  a  trusted  partner  and  provides the Government with a valued service and entity through which commercial risk can be appropriately managed. In this way, AVS has built trusted relationships with its stakeholders and collaborators.

 

With the confidence of industry stakeholders and its public and private sector collaborators, AVS adds commercial value to leading-edge science to ensure benefits are delivered to farmers and the objectives of its shareholder, the Victorian Government, are met. AVS supports its value proposition and enables the achievement of its objectives through:

 

 

AVS OPERATING PRINCIPLES

 

AVS operates in accordance with the following fundamental management principles, in alignment with the Department’s strategy directives and Government Intellectual Property Policy:

 

 

  KEY STAKEHOLDERS AND COLLABORATORS

 

AVS is a self-funded entity relying on service fees and investment income to fund its operations and ensure the Company’s ongoing viability.

 

The  establishment  and  maintenance  of  strong  relationships  with  stakeholders  and collaborators is critical to the success of AVS. These include:

 

 

 

 

Copyright Agriculture Victoria Services Pty Ltd 2010

Date Modified: 8/01/2016