Tag: funding
2024-25 Budget delivers record funding boost in Australia’s defence sector
The Australian Government is making an investment in the nation’s manufacturing capabilities as part of the 2024 National Defence Strategy, committing $50.3 billion over the next decade to enhance defence industry capability, as revealed in the recently released federal budget.
Tasmania’s traditional Chinese medicine research hub receives funding boost
The Tasmanian Institute of Agriculture (TIA) has secured additional funding for its research hub dedicated to exploring the cultivation of traditional Chinese herbs in the region.
Australian-Indian space projects receive funding boost as governments bolster partnership
The Australian Government has committed funding to collaborative space ventures with India in a move aimed at strengthening bilateral ties and tackling mutual challenges such as climate change.
Xefco raises $10.5M to drive sustainability in fashion industry
Xefco, the pioneering sustainable manufacturing tech company, has announced a substantial fundraising round of AUD 10.5 million.
Breakthrough Victoria backs RayGen’s renewable energy vision with $20M investment
Breakthrough Victoria announced a $20 million investment in local company RayGen Resources in a bid to propel Victoria's transition towards clean energy sources.
MTPConnect spearheads biomedical manufacturing training in WA
MTPConnect takes the lead in enhancing Western Australia's biomedical manufacturing capabilities through a newly secured funding boost from the state government.
2024 Australian National Defence Strategy unveiled
The Australian Government has introduced the inaugural National Defence Strategy, which underscores the imperative for a unified, whole-of-government, and whole-of-nation approach to defence.
NT allocates $2M annually to drive job opportunities in Beetaloo gas industry
The Northern Territory Government has unveiled a significant annual investment of $2 million in the 2024 Budget to catalyse job creation within the territory’s gas sector.
Seaport Therapeutics secures $100M to harness Monash invention
Seaport Therapeutics, a biopharmaceutical company in the clinical stage, centred on an innovative drug delivery system initially created by researchers from Monash University, announced the completion of a Series A funding round, which raised USD 100 million (AUD 154 million).
Qld’s push for critical mineral exploration receives $4.6M boost
Queensland companies have secured significant funding totalling $4.6 million earmarked for extensive digging, drilling, sampling, and surveying activities aimed at uncovering new critical mineral deposits across the state.
Featured Article
Good Design Australia opens entries for 2026 awards
For more than six decades, Good Design Australia has celebrated the power of design to shape innovation, industry, and everyday life. Its flagship program, the Australian Good Design Awards, recognises projects that show how thoughtful design can enhance products, services, systems, and communities.
