The Industry Growth Program supports small and medium enterprises and startups to commercialise their innovative ideas and grow.
The latest $21.2 million of matched grant funding from the program will support 13 innovative projects.
They align with government priority areas and will help build Australian manufacturing capability.
Some of the latest grants include:
- $4,999,122 for Xefco to manufacture its Ausora® systems and commercialise its tech that eliminates water and wastewater discharge from the textiles dyeing process. Textile manufacturing is water and chemically intensive, and this sustainable solution has global potential.
- $2,105,746 for ElectraLith to test a sustainable extraction and refining process for battery-grade lithium. The grant will help them set up a pilot test site.
- $3,072,870 for Mako (formerly MicroTau) to develop inhouse manufacturing for its shark skin inspired film that reduces drag on aircraft. This product reduces fuel consumption and emissions by up to 4%.
- $1,769,237 for Number 8 Bio to scale manufacturing for BetterFeedPro, a feed supplement that reduces methane. The grant will also support field trials with major beef and dairy operators.
- $1,055,758 for Waglass to commercialise a new glass recycling process diverting up to 40,000 extra tonnes per year from landfill.
- $250,000 for Eyeonic to enhance its AI-powered, out-of-clinic glaucoma testing solution for global eye care providers.
- $249,620 for Smart Minds WA to deliver a blood-based diagnostic kit that detects early signs of Alzheimer’s disease, improving access to timely diagnosis and care.
The grants follow participation in the Industry Growth Program’s Advisory Service, where more than 2,000 businesses have received expert and tailored advice.
Are you looking to innovate, scale up and get your ideas to market? Apply for the Industry Growth Program and discover how we can help with advisory services and opportunities for matched funding grants.