Last week, the Ministry of Industry, Innovation and Science announced that 18 Australian researchers and 11 small-to-medium enterprises (SMEs) will share in $1.4 million in government grants to meet and collaborate with global partners to progress their ideas.
Minister Arthur Sinodinos said that the grants, under the Global Connections Fund, will provide seed funding to help viable Australian projects to grow in scope and scale, and to test commercialisation and proof-of-concept activities.
According to Sinodinos, the Global Connections Fund, a component of the Global Innovation Strategy, provides funding of $4.9 million over four years to support Australian researchers and SMEs to collaborate with a global partner through its two components—Priming Grants and Bridging Grants.
The 29 grant recipients will each receive up to $50,000 under the Bridging Grants component of the Global Connections Fund.
The recipients will be collaborating with global partners from Austria, China, Czech Republic, Finland, India, Netherlands, Portugal, Singapore, Switzerland, the United Kingdom, the United States and Vietnam.
The $1.4 million funding assistance from the Australian Government will be leveraged to attract an additional $2.4 million in cash and in-kind contributions from the recipients and their international partners.
Examples of the projects being funded include:
- Victorian SME Anatomics Pty Ltd will work with a University in the US to design and validate 3D-printable prostheses for spinal surgery.
- Monash University will team up with a US company to develop a treatment for depression using magnetic fields.
- The University of Newcastle will partner with an SME in the UK, to evaluate chicken litter waste as a suitable way to produce methane.
- Researchers from RMIT will work with a company in Portugal, to develop a real-time muscle fatigue monitor.