Government awards $5.7m in manufacturing grants
The federal government has awarded $5.7 million in grants to 10 manufacturers as part of the Commercialisation Fund.
The grant funding includes $872,000 to Sleeptite to fast-track the development of its REMI sleep technology, a mattress-monitoring and alert system that providing real-time data analysis of a patient’s presence, position and posture while they are in bed.
Nexxis Technology will receive $675,000 to continue the development of its Magneto Modular Deployment Platform — a multi-limbed climbing inspection robot designed to provide testing for a variety of applications including oil rigs, engines, machinery, mining operations, infrastructure projects and manufacturing processes.
Meanwhile, Savic Motorcycles has secured over $650,000 to bring its high-performance electric motorcycle to roadworthy certification.
Under the $30 million Commercialisation Fund, grants are being awarded to manufacturers in the priority areas of medical products, food and beverage, resources technology, recycling and clean energy, defence, and space.
The fund is administered by the Advanced Manufacturing Growth Centre (AMGC).
“The Commercialisation Fund is about supporting businesses to bring their outstanding products and services to new Australian and international markets, which helps to grow our economy and deliver jobs for local workers,” Acting Minister for Industry, Science and Technology Angus Taylor said.
“These grants enable businesses to undertake commercialisation activities such as research and development, investing in technologies that will assist them to scale up their operations, and securing further investment to grow even more.”
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