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$100,000 grant opportunities for innovative SMEs solving 5 key challenges

$100,000 grant opportunities for innovative SMEs solving 5 key  challenges

Posted 2 months ago

A new round of grant funding has been announced to support small and medium-sized businesses developing innovative solutions to environmental problems.

 

The 5 challenges that Government is currently seeking support on include:

  • Revolutionising agricultural spray applications
  • Turning farm crops into a renewable hydrogen source
  • Counting fish using advanced technologies
  • Automating the detection of whales at sea
  • Turning office trash into energy treasure

Businesses with a turnover of less than $20 million can submit proposals for ideas that address these challenges. Successful applicants will receive grants of up to $100,000 to further develop ideas and potentially up to $1 million to develop a proof of concept thereafter.

More information about application criteria and how to apply can be found at www.business.gov.au/BRII.

As a specialist innovation and technology commercialisation consultancy, we have developed a range of resources to support the business innovators we work with. To find out more about how we can support you, please get in touch.

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