none

COMMERCIAL GRANTS TO ADVANCE MANUFACTURING TECHNOLOGY

27-06-2018
by 
in 
Craig Laundy: “The Entrepreneurs’ Programme has a great track record…”

Small Business Minister Craig Laundy MP has named the recipients of the latest round of commercialisation grants under the Federal Government’s Entrepreneurs' Programme.

Grants worth more than $3.2 million have been offered to help six Australian businesses with commercialisation activities to bring their new products, processes and services to market.

The six companies are Melbourne-based Monash spin-out SupraG Energy, Adelaide-based Ailytic, Aurtra and Loadpro (both from Brisbane), Newcastle-based Liftango and Nodapp from Sydney.

Among the recipients, SupraG Energy will use its grant to help set up an advanced manufacturing facility in Melbourne to accelerate the development of its high-value graphene products.

Meanwhile, Ailytic aims to further develop its artificial intelligence software platform for manufacturing processes analysis and production scheduling optimisation.

Minister Laundy said the commercialisation support would help the businesses prove product viability, and in some cases, take their innovations to the global market.

“Accelerating Commercialisation grants support businesses to take their innovations through often costly commercialisation steps like trials and market testing, bringing them closer to launch in local and international markets,” he said.

“The Entrepreneurs’ Programme has a great track record in supporting businesses to develop and commercialise new products and services that will improve business capability, competitiveness and promote economic growth,” the Minister added.

“Each of the grants offered by the Australian Government will be matched by industry funding.”

 

Related news & editorials

  1. 02.08.2021
    02.08.2021
    by      In
    Done well, hydraulic servicing can save money and enhance safety.  It is the key to maximising uptime and reliability as mobile hydraulic machinery gets more sophisticated, and depends even more on fully functional and safe hydraulic hoses and fittings. Without them, machinery just stops working –... Read More
  2. piggy bank
    05.07.2021
    05.07.2021
    by      In , In
    Employers should be aware of a number of important changes to payroll and other obligations with the start of the new financial year,” says Innes Willox, Chief Executive of the national employer association Ai Group.
    “The recent Fair Work Commission Annual Wage Review decision increased national... Read More
  3. Yawei laser cutter
    16.06.2021
    16.06.2021
    by      In , In , In
    A commitment to providing outstanding customer service, staying abreast of local trends, and ongoing diversification led to Jmar Engineering in Shepparton, Victoria, celebrating it 25th anniversary recently.
    Jmar, founded by Mark and Janice Hooper, specialises in component manufacturing, repairs... Read More
  4. Matt and Ross
    09.06.2021
    09.06.2021
    by      In , In
    Simple, high-quality coffee is revered in Italy. So when an Australian of Italian heritage, who has been involved in the coffee business most of his life and visits Italy regularly, tells you that Australian roasted coffee is the world’s best, you sit up and take notice. And when he goes on to tell... Read More
Products
Suppliers