The Industry Growth Program helps businesses commercialise innovative products, processes and services.
The program offers advice to support innovative startups and small and medium enterprises. They help Australian businesses transform and scale up by supporting their innovative projects.
Eligible businesses can apply for matched grant funding opportunities. Grants support projects within Australian Government priority areas for the National Reconstruction Fund and that help build manufacturing capability.
Some of the latest grant recipients include:
- $1.9 million for Eclipse Ingredients to commercialise its fermentation process to produce a human-like protein for use in infant formula and other products
- $1.9 million for Lindo Technology Group to progress clinical trials for its innovative breathing tube that uses antimicrobial blue light to help prevent infections
- $1.6 million for Magnaterra Technologies to commercialise MRead, its handheld landmine detector.
Are you looking for advice and support to transform and grow your business? Apply for the Industry Growth Program Advisory Service and discover how to grow your business.