Twenty-nine companies, entrepreneurs and inventors will share in more than $13 million to commercialise their technologies as part of Commercialisation Australia.
Funded by the Federal Government, Commercialisation Australia is a merit-based, competitive assistance program aimed at taking products, processes and services to market.
Innovation Minister Kim Carr announced the new funding at the 2011 AusBiotech CEO Forum, using the opportunity to highlight the Government’s commitment to the program.
“The Gillard Labor Government... is allocating $278 million over five years to the program. Commercialisation Australia will receive $82 million annually thereafter,” Carr said.
To read the full, original article click on this link: Commercialisation Australia: m For Tech Companies - Growth
Author: Michelle Hammond
