The Morrison Government is backing Aussie ingenuity, with a local business in Oxley to receive funding to take their product to new markets.
Microbio has successfully secured an Accelerating Commercialisation grant for its blood stream infection test panel, which allows pathologists to identify a pathogen.
Senator Paul Scarr welcomed the success of Microbio and its grant of $594,258.
“The Government acknowledges the incredible innovation shown by business owners to find solutions through their products and help us on the road to a post-COVID recovery,” Senator Scarr said.
“Accelerating Commercialisation grants are just one part of the Government’s Entrepreneurs’ Programme. I encourage all businesses in Oxley to take time to look to see what support may be available to help your business transform and succeed.
“Even a conversation with one of their experienced business facilitators may help business owners firm up plans to commercialise their innovation overseas.”
Each of the grants will be matched by industry funding from the businesses.
Through the Entrepreneurs’ Programme, businesses can access expert advice and matched funding grants of up to $1 million to cover eligible commercialisation costs and take their products to market.
More information on the grant recipients is available at www.business.gov.au/ac-funding-offers. You can join the Entrepreneurs’ Programme, and apply for the Accelerating Commercialisation grant at www.business.gov.au/ep
Media Contact: Lauren Day – phone 0403852090
