Four Victorian companies have been awarded Business R&D vouchers worth up to $25,000 through the Victorian Coalition Government’s $5 million Innovation Voucher Program.
Minister for Innovation, Services and Small Business Louise Asher revealed the Innovation Voucher Program gives businesses the opportunity to conduct external research and provides them with skills needed to discover and put new ideas to the test.
“Victoria is known for its world-class R&D capability and the Innovation Voucher Program assists businesses to engage with other companies and research organisations to improve their products, processes and services and help them compete globally,” Ms. Asher said.
“The Business R&D vouchers provide a quick and effective method for local and international companies to access the wealth of R&D knowledge available in Victoria.”
The four companies who would be receiving the business R&D vouchers are:
- Insulpak (with the CSIRO) – for a proof of concept study to test and determine if the AirOasis air sanitiser is suitable for use in Australian environmental conditions. Insulpak provides commercial & industrial heating, ventilation, airconditioning, refridgeration, insulation, sheetmetal services and ongoing maintenance contracts for companies in Victoria.
- Ramsey Coote Healthcare Pty Ltd (with Scientific Document Solutions) – to review bed wetting treatment practices in children within hospital, community continence clinics and private practice. Ramsey Coote Instruments developed the original bell and pad alarm system for the Australian market.
- BioCoal Pty Ltd (with GHD) – to carry out a feasibility study for early development of a mobile technology to turn woody biomass and logging waste from sustainably managed timber plantations into large quantities of clean and renewable biocoal as a fossil coal replacement.
- JAG Mayer Pty Ltd (and Ideation Design) – for industrial design and prototyping for the baby products industry.
The Minister said that the Coalition Government’s goal is for companies to have easier access to the capability they need to innovate and they can do so with help from the Innovation Voucher.
Ms. Asher said the applications for vouchers are available to ensure companies can take advantage of the program when they need it, without slowing down the innovation process.
“I look forward to seeing more companies using the vouchers to improve their products and processes and remain competitive in local and global markets,” the Minister said.