AMGC awards $3.7 million to help manufacturers commercialise innovation
AMGC has awarded over $3.7 million in funding to six Australian manufacturers to help commercialise innovation.
Launched just three months ago, AMGC’s Commercialisation Fund is co-funding projects focused on the six National Manufacturing Priorities outlined by the Australian Government in its Modern Manufacturing Strategy.
The funding recipients include:
- Alcolizer (Medical Products): Design and validation of a portable, saliva-based, rapid COVID-19 antigen test for asymptomatic cases
- Loupe Geophysics (Resources and Critical Minerals Processing): Pre-production manufacturing, design, and validation of a portable electromagnetic system for shallow conductivity profiling to locate material deposits
- Glyde It (Medical Products): Design and manufacture of a revolutionary biodegradable orifice delivery system for female hygiene products
- Omni Tanker (Clean Energy, Space and Defence): Commercialisation of carbon-composite tanks for hydrogen transport and storage
- Harvest B (Food and Beverage): Manufacture and commercialisation of plant-based protein ingredients
- Zero Co (Recycling and Clean Energy): Turning single-use plastic into forever-use via recycling, refilling, and reusing via a world-first machine to clean and sterilise plastic pouches.
Higher Paying, More Resilient Jobs onshore
Managing Director for AMGC, Dr Jens Goennemann said, “These are not grants for grants sake. AMGC has fine-tuned the impact of its grant program over the past 5-years. We know what works and we know how to derive value for the manufacturer, the industry, and the taxpayer.”
“In the wake of COVID-19, it is critical that we move quickly to build upon the industry’s positive momentum.”
“These first six co-funded projects combine industry money with Federal funding to generate higher-paying, more resilient jobs onshore, this mean supplying our high-quality products and services locally and abroad,” said Dr Goennemann.
Innovative Projects Making Australian Manufacturing More Competitive
AMGC projects foster collaboration between industry and research partners to reach a commercial outcome. They increase connections into global supply chains, promote the development of advanced skills and jobs, and foster best practice and resiliency.
To date, AMGC has co-funded over 80 industry projects across Australia that are expected to generate over $1.2 billion in revenue and create more than 2,500 jobs.