WA innovators receive fed govt grants

16/04/2010 - 13:15

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Two Western Australian innovators have been awarded a combined $131,257 in the first round of federal government grants under the Commercialisation Australia scheme.

Two Western Australian innovators have been awarded a combined $131,257 in the first round of federal government grants under the Commercialisation Australia scheme.

WA business Faulkner Lab Pty Ltd and Western Australian Zachary Goss were amongst 21 recipients across the country to share $9.6 million in grant money.

Faulkner Lab is developing the Atapa predictive media planning software, which is a tool that will help agencies and advertisers to forecast the return of investment of their communications campaigns.

It was awarded $81,257 from the federal government.

Mr Goss was awarded $50,000 for the development of a brake and security device for a snowboard. He eventually plans to establish a partnership with a snowboard manufacturer once the commercialisation process is complete.

Commercialisation Australia opened for business in January, several months after the government announced it would take over the popular Commercial Ready grants scheme.

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