Twelve manufacturers have been awarded $8.4 million in funding under the latest round of the federal government’s Accelerating Commercialisation program.
The matched funding assists companies to get their outstanding innovations to market, opening up new domestic and export growth opportunities and creating sustainable and high paying jobs for Australian workers.
In the medical manufacturing field, dental diagnostics company, Incisive Technologies, received $1 million to complete clinical trials of their BlueCheck tool, while ZiP Diagnostics has received $750,000 to establish manufacturing facilities for their rapid and low cost testing system for diagnosing infectious diseases, including COVID-19.
Minister for Industry, Science and Technology, Christian Porter, said the two projects had impressive health benefits and outstanding commercial potential.
“The BlueCheck tool can detect tooth decay far earlier than an x-ray, allowing preventative action to be fast tracked, while the ZiP system promises to vastly reduce the amount of time required for infectious diseases results to be confirmed,” Minister Porter said.
“The government is committed to providing support for our medical manufacturers so we can make more products here at home, and create new job opportunities and economic benefits as the sector continues to grow.”
Funding recipients in other industry sectors include:
• BlockTexx Pty Ltd (QLD) with a grant of $991,617 to commercialise their separation of textile technology (S.O.F.T.) process that enables textiles to be recycled and repurposed for products including clothing, packaging solutions and building products.
• Sportcor Industries Pty Ltd (QLD) with a grant of $895,485 to commercialise its smart cricket ball that provides cost effective and immediate feedback to players, coaches and commentators on the speed and spin of the ball.
• Anditi (NSW) with a grant of $790,598 to commercialise its automated process for assessing road safety attributes, required to generate safety Star Rating for roads and for assessing road assets such as those relied on by Connected and Autonomous Vehicles.
• Advanced Mobility Analytics Group (QLD) with a grant of $750,000 to commercialise their AI road safety platform to identify roads at high risk of accidents through analyses of “near misses”.
• USM (NT) with a grant of $698,912 to help commercialise their personal safety monitor solution that enables real time management of worker safety in the oil and gas, manufacturing and mining sectors.
The Accelerating Commercialisation grant stream is part of the federal government’s Entrepreneurs’ Programme.
The Programme has delivered 531 grants worth more than $259 million to Australian businesses since it was established in 2014.