May 2014 Issue 93

Latest Innovation Connect grant winners

B2B Editor1 May 2014

A Six Canberra-based businesses have recently been awarded funding from the latest round of the ACT Government’s Innovation Connect grant program.

Innovation Connect provides matched funding grants of up to $50,000 to assist early stage Canberra businesses and entrepreneurs to accelerate the development of products and services through commercialisation pathways.

Paramodic Pty Ltd, which is developing a second-stage prototype for curating and augmenting a narrative of indigenous cultural sites, artefacts and intangible heritage using smart devices, was among the grant recipients

“The grant will help us to work with local Aboriginal and Torres Strait Islander communities and beyond to enable and inspire our communities to embrace, build, and adapt digital technologies to create real educational and commercial opportunities,” says Ms Mikaela Griffiths, Managing Director of Paramodic Pty Ltd.

The other successful recipients were:

* Dilkara Hair for the commercialisation of an Indigenous professional hair salon range with specific botanical ingredients consisting of unique natural Aboriginal and Torres Strait Islander blends.

* Correct Communications Pty Ltd for the development of a unique cloudbased service focussed on the unified communications needs of small to medium businesses.

* Targeted Genomics Pty Ltd for the development of high-speed, high resolution and cost effective genomic testing technologies for the routine quality and safety assessment of drinking and recreational water.

* XCOM-1 Pty Ltd t/as HaystackHQ for the development of a web-based visual analytics service for legal eDiscovery targeting regulatory agencies, tier-1 law firms and the Fortune 5000 companies they serve.

* Candra Innovations for developing a system for improving dental health with self-screening targeted brushing and networking with professionals using miniature intra-oral camera for oral hygiene devices.

Since the program was established in 2008, funding of more than $3.2 million has been awarded to 127 local businesses, an amount that was at least matched by the grant recipients