Eight companies have been awarded Accelerating Commercialisation grants totalling $3.2 million.
The grants were announced on Friday, with industry minister Christian Porter highlighting VitalTrace, which is developing a device to allow better decisions by doctors and improved safety for mothers and babies during childbirth.
VitalTrace was awarded a $468,346 grant.
Among others earning grants in the AC round (see full list below) were 3DMorphic, which is developing automated processes for additively manufactured implants, and Battery Graphene Corp (also known as Vaulta), which is commercialising low-cost and light-weight battery modules for electric vehicles.
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June 2021 Accelerating Commercialisation winners (source: business.gov.au)
|3DMorphic Pty Ltd||Rapid Customised 3D Implants: Securing TGA ARTG listing & Rebate Code on Prosthesis List||$337,600|
|Battery Graphene Corp Pty Ltd||Battery Graphene Corp (BGC) Battery Module customised for Electric Vehicles||$297,500|
|Compella Compression Pty Ltd||CSG Wellhead Compression Development||$499,758|
|Forty First Floor Pty Ltd||Crowd Canvas Mobile Technology Engagement Platform||$290,000|
|Investfast Pty Ltd||Connexian Investor Platform||$687,250|
|Quality Trade Pty Ltd||Powering Certified Supply Chains||$240,000|
|Veyor Digital Pty Ltd||Digitised collaborative scheduling platform for the construction industry||$431,435|
|VitalTrace Pty Ltd||Novel Biosensor for Fetal Monitoring During Childbirth||$468,346|