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Grants of up to $100k offered to businesses solving environmental challenges

Adrian Flores
Adrian Flores
16 July 2020 1 minute readShare
environment

The government has announced its latest funding round for small and medium-sized businesses to develop innovative solutions that can solve national environmental challenges.

The $12 million funding round was being made available through the latest round of the Business Research and Innovation Initiative, Minister for Industry, Science and Technology Karen Andrews said in a statement.

Australian start-ups and small and medium businesses have been called on by the government to submit proposals for ideas that address challenges, including:

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  • Revolutionising agricultural spray application
  • 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

Successful applicants will receive grants of up to $100,000 to further develop ideas and test feasibility over three months.

The most successful of these ideas may then be eligible for a grant of up to $1 million to develop a prototype or proof of concept over a maximum of 18 months.

 

Relevant government agencies will also have the option to purchase these solutions at the end of the proof of concept stage.

Minister Andrews said this is a great opportunity for Australian businesses to think outside the box and develop clever ideas that can help solve policy issues within the government.

“This round of BRII aims to find more effective ways of dealing with challenges that affect our oceans, water and soil quality as well as recycling technologies,” she said.

“Not only does this initiative help government agencies with tailored solutions that mean better value for taxpayers, it also gives start-ups and businesses the chance to develop new products and technologies for the global market.

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“Boosting opportunities for businesses to innovate, and doing things more efficiently within the government, will be crucial as we chart our COVID-19 economic recovery.”  

Applications for the latest round of the business research initiative close on 10 September 2020.

To put forward your application for the Business Research and Innovation Initiative, click here.

Grants of up to $100k offered to businesses solving environmental challenges
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Adrian Flores
Adrian Flores

Adrian Flores is the deputy editor of MyBusiness. Before that, he was the deputy editor for SMSF Adviser as well as features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at [email protected].

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