ICT companies dominate COMET funding

ICT companies have dominated the latest round of Commercialising Emerging Technologies (COMET) grants announced by the Federal Government.

Of nine companies awarded $70,400 each (for a total of $633,600) five are directly related to ICT.

Funding recipients include Airscape Technology, which designed a rich client for standard mobile phones enabling them to run applications which currently only run on smartphones. The application uses Java Virtual Machine and aims to present enterprise-grade applications.

Other winners include:

• pMC Controller developer, Ptronik International
• Online agronomic tool developer, TM Organics Pty Ltd
• HISEIS Pty Ltd, which has "developed techniques, algorithms and equipment for seismic data capture, processing and interpretation"
• Deepvision 3D Pty Ltd, which developed a stereoscopic 3D mini camera solution for Remotely Operated Underwater Vehicles (ROVs)

COMET is a program set up by the Federal Government to help commercialise emerging technologies. Assistance can be provided to "early-growth stage companies", spin-off companies such as HISEIS (which comes out of Curtin University) or individuals.

Support through COMET is also given through a network of private sector business advisors.

More information on the program can be found on the COMET website.

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