Minister for Technology Gordon Rich-Phillips today announced that ten companies have been awarded Technology Development vouchers, as part of the Victorian Coalition Government s $8 million Technology Voucher Program. Mr Rich-Phillips said the Technology Development vouchers help innovative companies to connect with high-tech services providers to undertake technology development activities or test the feasibility of integrating technology into products or processes. Businesses can use vouchers in exchange for access to facilities, services or expertise provided by high-tech service providers or publicly funded research organisations, Mr Rich-Phillips said. The ten companies receiving vouchers today are developing a diverse range of innovative products including: safety devices; sophisticated information and communication technology platforms; a corrosion protection coating; high performance batteries; and a low-cost blood test to help manage heart failure. Companies are also using vouchers to improve processes such as food processing and distribution. The Technology Development vouchers provide businesses with an opportunity to use cutting edge technologies in their products and processes, to improve productivity and enhance their ability to compete in local and global markets. What makes this program special is the way it supports businesses to develop new technologies or explore the application of existing technologies in innovative or novel ways. Adoption of new technologies is a known driver of productivity, which is why we are helping companies to explore how technology can give them a competitive advantage. Companies receiving Technology Development vouchers worth up to $50,000 each are: Accel Diagnostics (with MiniFAB (AUST) Pty Ltd and Swinburne University of Technology) to accelerate the development of a novel low-cost blood test for heart failure. Eaterprises Australia Pty Ltd (with DiUS) to design and build features for a e-commerce platform to link networks of food businesses. Eden Research and Development Pty Ltd (with Melbourne Centre for Nanofabrication) to evaluate the performance of a nano particle additive to improve the performance and cost of redox flow batteries. Fairmount Medical Products Pty Ltd (with SPLat Controls Pty Ltd) to develop a device to maintain patient body core temperature during and after surgery. Ferring Research Institute Inc. (with AdAlta) to evaluate the use of AdAlta s technology in research into potential treatments for Crohn s disease.
As part of the Technology Voucher Program, a searchable directory of Technology Capabilities and Suppliers has been established. The directory lists over 200 Technology Voucher Program suppliers and enables users to easily connect applicant needs with supplier capabilities.