Tranche 4 and 5 of Advanced Manufacturing Growth Centre Commercialisation Fund grants have been announced, with $6.1 million awarded to ten companies.
Announced on Thursday morning, the grants support a wide variety of manufacturers, each of them falling within the federal government’s six “National Manufacturing Priority” sectors.
- Molycop (recycling) awarded $750,000 to commercialise green steel using recycled rubber from end-of-life tyres and other sources in steelmaking;
- Savic (clean energy) awarded $657,482 for development of the first Australian made and designed battery electric motorcycle (pictured); and
- Zetifi (food and beverage) awarded $396,000 to commercialise, “a high-availability wireless network gateway for regional and remote businesses.”
Also supported through the Fund was Main Sequence- and Woolworths-backed Samsara, which is commercialising an enzyme-based process to break waste plastic into reusable chemical components. It was awarded $568,491 to establish a pilot plant.
“These projects represent the capability of Australian manufacturers to make complex things – from feed products that reduce methane emissions in livestock, to portable dialysis machines for emerging economies,” said AMGC managing director Dr Jens Goennemann in a statement.
“Australian manufacturers are exceedingly innovative and competitive when given the right support.”
The $6.1 million in support announced was more than matched by industry contributions, with an investment of $10.1 million coming from manufacturers.
Just over half of the $30 million Commercialisation Fund has been allocated to 31 projects so far. Including industry contributions, the projects represent $49.8 million invested into manufacturing.
(A full list of winners can be read here.)
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