ICT companies dominate COMET funding

$633,600 worth of grants given with ICT-related innovators securing five out of nine funding opportunities

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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