$10.2M in grants for 21 projects
The Minister for Industry, Science and Technology, Karen Andrews MP, recently announced that 21 Australian businesses have been offered Accelerating Commercialisation grants under the Entrepreneurs’ Programme.
The grants help Australian entrepreneurs, researchers, inventors and start-ups reach their potential sooner, which in turn boosts jobs and economic growth.
The supported projects are:
- Genomiqa Pty Ltd (QLD) with a grant of $479,405 to commercialise its diagnostic platform to support oncologists to manage patient care.
- MGA Thermal Pty Ltd (NSW) with a grant of $495,600 to ensure its renewable energy storage system is feasible on a commercial scale.
- ZeloTrading Pty Ltd (VIC) with a grant of $282,159 to commercialise its ecommerce platform that automates, brokers, and incentivises early payments for SMEs.
- Capsular Technologies Pty Ltd (VIC) with a grant of $165,000 to commercialise its biopolymer-based vaccines for the agricultural sector and help improve livestock health and productivity.
- C & J Lab Pty Ltd (NSW) with a grant of $250,000 to commercialise its Green Feed Additive (GFA) that replaces the use of antibiotics in the livestock and aquaculture feed industries.
- Flip Screen Australia Pty Ltd (NSW) with a grant of $824,791 to validate its manufacturing processes for their innovative on-site crushing system for the mining and recycling industries, that achieves high-volume crushing rates with larger ranges of crush sizes for sales in Australian and international markets.
- Kynd Pty Ltd (QLD) with a grant of $492,225 to commercialise its disability support data platform and achieve a geographic rollout to deliver national benefits including increased access to disability services, decreased costs through technology efficiency and highly personalised matching of people.
- Solar And Storage Modelling Pty Ltd (NSW) with a grant of $580,735 to deploy at scale a global nowcasting offering for the wind and temperature forecasting industry with potential benefits to the energy, transportation and insurance sectors.
- University of Melbourne (VIC) with a grant of $200,000 for hardware and software development, user trials, IP protection, establishment of a commercial team and initial business development in Australian and international markets of their imaging tool that can detect tiny organisms such as viruses.
- Vapar Innovation Pty Ltd (NSW) with a grant of $490,000 to commercialise its VAPAR web innovation that uses artificial intelligence to automate fault detection directly from the inspection footage of underground water pipes.
- Workforce Health Assessors Pty Ltd (TAS) with a grant of $358,292 to commercialise Quescreen, its assessment solution for the employment market.
- Lucky Health Pty Ltd (NSW) with a grant of $299,500 to validate their smart phone app that uses reminders and rewards to improve treatment plan compliance among patients with chronic health conditions like diabetes.
- Infusion Innovations Pty Ltd (SA) with a grant of $490,000 to enable pre-production and clinical trials of its single-use, portable electronic infusion device for the home healthcare market.
- Codestream Solutions Pty Ltd (QLD) with a grant of $770,396 to commercialise its FloodMapp technology that can potentially protect business from flood losses through its flood forecasting and early warning solution.
- Digispectro Pty Ltd (QLD) with a grant of $393,985 to commercialise its ‘CompleXion’ health innovation that uses a hand-held spectrophotometer to analyse skin colour to help with the management of skin conditions including moles, birth marks and melasma.
- Eudaemon Technologies Pty Ltd (NSW) with a grant of $527,900 to build a pilot manufacturing plant and conduct testing for its hydrogel new-generation condom.
- Field Orthopaedics Pty Ltd (QLD) with a grant of $800,316 to commercialise its Comprehensive Extremity Trauma System that uses a patented screw system so orthopaedic surgeons have access to thinner, stronger and easier to use implants.
- Functionally Pty Ltd (WA) with a grant of $598,232 to commercialise its novel intelligent org-chart software that enables managers to plan their organisations, teams and positions, while understanding design implications in real time.
- Organic Holdings Pty Ltd (NSW) with a grant of $320,731 to test and validate its frozen paneer product that closely resembles the style, flavour and mouthfeel of traditional Indian cheese.
- PHM Technology Pty Ltd (VIC) with a grant of $778,135 to commercialise its ‘Syndrome Diagnostics’ software that enables predictive maintenance capabilities for complex engineering systems, particularly those that are safety or mission critical.
- Safe Ag Systems Pty Ltd (SA) with a grant of $614,391 to commercialise its real-time digital certification tool to help manage the workflow between the grower, through auditor and onto the certification body allowing an agribusiness to obtain and hold multiple certifications will ease.
Since the launch of the Accelerating Commercialisation grants in 2014, 477 grants worth almost $230 million have been offered to Australian businesses.
Further information on Accelerating Commercialisation and the Entrepreneurs’ Programme, visit business.gov.au or call 13 28 46.