Australian inventors working on projects that could cut pollution emissions and increase energy efficiency have won funding to help bring them to market.

Innovation Minister, Senator Kim Carr, today announced $3.7 million to support nine inventions through the Commercialisation Australia program.

“Australia is a creative and innovative nation but too often our inventions never make it to market - where they can really make a difference,” Senator Carr said.

“This funding will help enterprising companies commercialise their products so they can really make a difference where it counts”.

The inventions include three clean technology projects that could produce oil from recycled tyres, provide low-cost grey water treatment, and increase fuel efficiency in cars.

Five information and communications technology (ICT) inventions will also be supported through the grant funding, including a web platform that will help sporting organisations, and networking software to enhance online games.

Inventors from across Australia will be helped through a network of 22 Case Managers who are experienced advisers with first-hand knowledge of building their own businesses.

Since its launch less than two years ago, Commercialisation Australia has assisted 154 innovators with funding of $61.6 million and expert advice from its national Case Manager network.

Details of the new inventions funding offers are attached [PDF 32 KB] [RTF 9.24 MB]

For information on Commercialisation Australia visit: www.commercialisationaustralia.gov.au

A printable version of the media release [PDF 50 KB] is available.