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The grants will help launch their products into the global market.
Ten businesses specialising in agricultural, environmental and medical technology will receive $3.7 million in funding. The grants have been provided the through the Accelerating Commercialisation element of the Entrepreneurs’ Programme.
The latest funding offers will assist:
The grants help businesses turn good ideas into marketable products through activities such as trials, upscaling and connecting with new markets.
Experienced Commercialisation Advisers work with the businesses through the different stages of their business building process to guide and provide advice.
So far 400 Australian businesses have been offered the benefits from commercialisation funding through the Entrepreneurs’ Programme.