Innovation and Science Australia

Innovation and Science Australia (ISA) is a government agency based in Canberra, Australia. Established in 2015, the firm is an independent body responsible for researching, planning, and advising the Government on all science, research and innovation matters. ISA complements the work of bodies such as the Commonwealth Science Council, which will continue to advise the government on high level science challenges facing Australia. The assets of the firm are managed by the ISA board members.Innovation and Science Australia's investment portfolio is valued at AUD943 million (USD$656 million), with investments in private equity and cash.