Sally-Ann Williams steps down at Cicada Innovations
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The news: Cicada Innovations chief executive Sally-Ann Williams will step down after six years leading Australia's premier deep tech incubator. The organisation's board has commenced the search for her replacement, with day-to-day operations to continue under the executive team during the transition period.
The numbers: Under Williams' leadership, Cicada-supported ventures raised more than $6.1 billion and achieved over $1.3 billion in exits. The announcement comes as Cicada marks 25 years of supporting breakthrough science and technology ventures.
The context: During Williams' tenure, Cicada expanded its national presence by launching two new incubators - the Jumar Bioincubator in Melbourne and the HealthTech Hub at Westmead. The organisation also established the National Space Industry Hub, which has supported over 80 startups, and acquired Tech23, Australia's largest deep tech event. Williams strengthened partnerships across research, industry and government sectors, including collaborations with NSW Health, CSL, GRDC, Investment NSW and Breakthrough T1D.
What they said: "It's been an extraordinary privilege to lead Cicada Innovations for the past six years. I'm incredibly proud of the collective impact of our team and our partners: we've brought groundbreaking technologies to life, championed brilliant founders, and cultivated a vibrant deep tech ecosystem," Williams said.
Cicada Innovations Board chair Katherine Woodthorpe said: "Sally has played a critical role in positioning Cicada as a national asset. She has championed deep tech, built a high-performing team, and expanded Cicada's reach and relevance."
The source: Cicada Innovations blog
