funding

Seventeen Australian businesses will share almost $2.8 million in funding under Round 2 of the Automotive Innovation Lab Access Grants program. The government investment is expected to unlock a further $3.6 million in industry funding. Minister for Industry, Science and Technology Karen Andrews said the support would help companies undertake a range of design, prototype and testing … Continue reading $2.8m funding for rd 2 of Automotive Innovation Lab Access Grants program, further funding expected →

The Australian Government is continuing vital support to Australia’s aviation industry, a key part of the nation’s economic recovery from the COVID-19 pandemic. Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said a range of initiatives currently supporting the aviation sector would be extended, as part of more than $1.2 … Continue reading Gov support continues for Australia’s aviation industry →

Last week, the SA government announced that funding of up to $2.4 million over three years is available to support Cooperative Research Centres (CRCs) headquartered or with a node located in South Australia. “Stream 1 of the RCSF supports research initiatives that will create innovative solutions and translate research into industry or commercial outcomes that … Continue reading $2.4m in funding to support industry-led research in South Australia →

The NSW Government has announced a new $3 billion acceleration fund to go towards job-creating projects, increasing the government’s infrastructure pipeline to a guaranteed $100 billion. The new $3 billion Infrastructure and Job Acceleration Fund will be used for smaller, shovel-ready projects touching every corner of the state, injecting up to an extra 20 thousand … Continue reading $3 billion boost creates $100 billion infrastructure and jobs pipeline in NSW →

The Victorian government has announced it will support  leading local technology commercialisation and engineering company, Grey Innovation, who has secured a licence from a leading global manufacturer to develop ventilators in Australia. Jobs, Innovation and Trade minister Martin Pakula announced with the backing of a $500,000 government grant, Richmond-based Grey Innovation is well advanced to … Continue reading Local company gets Vic gov backing to develop ventilators →

The Australian Renewable Energy Agency (ARENA) has announced $480,000 in funding over the next 12 months to start-up accelerator program, EnergyLab Australia, to support the Australian startup acceleration program designed to assist clean energy entrepreneurs. EnergyLab has four core programs: 1) Pre-Acceleration which is about helping entrepreneurs with an idea to test its commercial viability. … Continue reading Government funding support for clean energy startups →

The federal government has announced $15 billion in lending for small businesses as part of its $100 billion “bridge” to support the Australian economy through the spread of coronavirus. The Australian Office of Financial Management (AOFM) will be provided with the investment, which will be facilitated through authorised deposit-taking institutions (ADI) lenders over a 12-month … Continue reading $15bn lending for SMEs announced →

Queensland-based rocket company Gilmour Space Technologies will begin manufacturing a new hybrid rocket with funding support from the Advanced Manufacturing Growth Centre (AMCG). Gilmour’s first composite tank will be a lighter propulsion vehicle built to increase rocket payload capacity and reduce the overall weight of the vehicle to 20kg. It will also deliver payloads up to … Continue reading Gilmour Space Technologies to build new Australian hybrid rocket →

The Federal government has launched the International Space Investment initiative, comprising grants of between $100,000 and $4 million for companies and research organisations to expand outside of Australia. Total funding for the initiative is $15 million, and will be delivered in one round of funding. The initiative aims to enable Australian-based space companies and researchers … Continue reading Applications open for international space funding →

The third round of Made in Queensland funding is now accepting applications. The $46 million fund has promoted advanced manufacturing in the state, particularly in regional Queensland where 40 per cent of projects are being delivered. “Since 2017 we have supported around 75 projects, which will create more than 930 new jobs over the next … Continue reading Funding open for Queensland manufacturers →

Manufacturers will be able to take advantage of $50 million in funding from the federal government for the purchase of new technology, with the announcement of the Manufacturing Modernisation Fund. Launched at Emesent, a start-up that is commercialising drone autonomy and mapping technology, the funding from the government will enable manufacturers to be more competitive … Continue reading New fund to support purchase of technology →

The latest recipients of the Accelerating Commercialisation grants have received $1.7 million in funding. The three businesses demonstrate how advanced manufacturing can have wider societal benefits. Gyder Surgical, from Victoria, received over $200,000 to commercialise their surgical navigation system for more precise hip replacement surgery, while Vernx Biotechnology, also from Victoria, received almost $600,000 to … Continue reading Medical and digital SMEs receive commercialisation boost →

Victorian businesses are now able to apply for grants from the Workforce Training Innovation Fund. The fund provides support for industry and education providers to utilise innovative technologies and processes to upskill students to fit the needs of employers. Seed funding of $50,000 per project or grant funding of up to $5 million per project … Continue reading Partnerships between industry and education develops new products →

How are businesses and government finding the funding and talent to launch into space? Connor Pearce reports. The cost of launching a small satellite into space, today, can be between $25-150 million per rocket, according to Adam Gilmour of Gilmour Space Technologies. Although cheaper than previous generations of launches, which could cost billions of dollars, … Continue reading Getting ready for launch →

Applications for $2 million in funding towards future energy technologies are now open, and must be received before 30 September 2019. Administered by National Energy Resources Australia (NERA), the funding will support innovation in the energy resources sector. Applicants who are pursuing projects in the remote operations, robotics, and Artificial Intelligence areas, as well as … Continue reading Government funding to support future energy technologies →

The Victorian government is encouraging manufacturers in Geelong to invest in innovation, with a $40,000 towards local business groups. Encouraging best practices in day-to-day business, businesses in Victoria’s second largest city are being incentivised to run development activities. Examples of two events that are supported under this program are the Geelong Small Business Festival, run … Continue reading Victorian government offers boost to Geelong manufacturers →

Science projects in all sectors have been given a hand by the Queensland government. The state government is giving out $148,000 in funding for schools, community organisations, and projects, in the current series of Engaging Science Grants. With the goal of growing the engagement in science among young people and the community, the grants hope … Continue reading Queensland funding for community science projects →

The federal government announced support for businesses through the Incubator Support program on July 23. The three businesses that received funding in this round are from the manufacturing, cyber security, and food and ag-tech sectors. The total funding distributed surpasses $1 million and is designed to enable entrepreneurs to turn their ideas into reality. The … Continue reading Incubator and accelerator start-ups receive funding →

A hub for the economic growth and innovation of the cyber security sector has opened in NSW. The NSW Cyber Security Node is one of five nodes that have been created in partnership with AustCyber. With manufacturers increasingly exposed to cyber threats due to the uptake of digital production solutions and industrial internet of things … Continue reading Cyber security node launched in NSW with federal partnership →

This week the Western Australian government has announced two grants for innovative businesses to set up in the state. The state government will provide support for local businesses through the X-TEND WA program. Six education programs for investors and innovators are part of the $516,000 pilot program. The programs range from business scale up strategies … Continue reading WA offers investment for innovation →