In case you missed it, Prime Minister Kevin Rudd earlier this month named the first 21 Australian ideas to receive Commercialisation Australia support totalling $9.6 million.
Since details of the initiative was released last October, Commercialisation Australia (CA) became the government’s new body to help Australian inventors, entrepreneurs and researchers turn their ideas into money-making products and services.
The three categories of funding included Assistance with Skills and Knowledge, Proof of Concept activities, and Early Stage Commercialisation, which provided a total of $9.6 million for companies that benefit and produce jobs for the Australian community.
Prime Minister Kevin Rudd announced the first 21 ideas to be supported by Commercialisation Australia at an address to Community Cabinet in Sydney’s innovative North West region.
The first 21 ideas consisted of a diverse range of innovative projects from around the country, including treatments for disease, advanced materials, cutting-edge electronics, new online services, and a host of other innovations in agriculture, the media, manufacturing and beyond (see below for the full list).
The new CEO of Commercialisation Australia, Doron Ben-Meir, was also announced last week.
For more information on Commercialisation Australia, visit www.commercialisationaustralia.gov.au.
List of the first 21 funded projects
|State||Organisation||Grant Amount $||Project Title|
|NSW||NeuClone Pty Ltd||748,655||A platform technology for use in the bio-manufacturing of biological drugs|
|NSW||Highlight Ventures Pty Ltd||40,000||High Altitude Balloon Tourism Project|
|NSW||EnGeneIC Limited||1,488,181||cGMP-compliant manufacturing of EDV-based anti-cancer therapeutics for commercial licensing|
|NSW||Wolf Industrial Innovation Pty Ltd||81,000||Dynamic Industrial Coil Coating Thickness and Quality Control System|
|NSW||Immune System Therapeutics Ltd||1,858,349||Monoclonal Antibody Treatment for Myeloma and Other Fatal Blood Cancers|
|NSW||Global Detection Systems Pty Ltd||60,000||Toothed Whale (mainly Dolphin) alert system for the long line tuna fishing industry|
|NSW||University of Technology Sydney||50,000||Aviator – single channel control system using EEG Signals|
|NSW||NewSouth Innovations Pty Ltd||44,000||Market opportunities for a revolutionary photonic device assembly technology|
|NSW||Newcastle Innovation Ltd (Professor Roger Smith)||205,677||A new diagnostic test to predict when a pregnant women will start labour|
|VIC||Sienna Cancer Diagnostics Ltd||200,000||Commercialisation of Sienna’s Telomerase Biosensing Technology (TBT) for cancer|
|VIC||Lockbox Pty Ltd||410,000||Security software enabling trusted institutions to deliver consumer electronic vaults|
|VIC||Southern Innovation Trading Pty Ltd||300,000||Advanced radiation detection and measurement technology|
|VIC||Ofidium Pty Ltd||1,543,742||100 gigabit-per-second optical OFDM transceiver demonstration|
|QLD||TenasiTech Pty Ltd||186,559||Cost effective additive extending life and performance of thermoplastic polyurethane products|
|QLD||Pressure Fresh Australia Pty Ltd||346,480||Commercialisation of an innovative, ready to eat range of avocado products|
|WA||Faulkner Lab Pty Ltd||81,257||AtapaTM predictive media planning software|
|WA||Zachary Goss||50,000||Snowboard brake (the brake) and security device|
|ACT||Simmersion Holdings Pty Ltd||750,000||Commercialisation of Mycosm – a 3D visual Simulation Platform|
|ACT||All Homes Pty Ltd||1,060,798||Commercialisation of allhomes.com.au in national and overseas markets|
|TAS||Healthy Business Tasmania Pty Ltd||65,000||Unlocking life: health and human change online support system|
|TAS||Vision Instruments Pty Ltd||103,980||Portable Retinal Camera|