| WA industry gets boost from COMET |
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Two more West Australian companies are about to reap the benefits of Australian Government assistance to commercialise their home-grown technologies following the announcement of the latest round of Commercialising Emerging Technology (COMET) grants.
Visiting COMET recipient Hydrogen Technologies with Liberal Candidate for Stirling Michael Keenan, Industry Minister Ian Macfarlane will today announce that Evap-Map and ETCorp willreceive $48,000 and $52,000 respectively.
"COMET is an outstanding program that delivers real benefits to recipients – it helps companies to take vital steps on the road to successful commercialisation. "Hydrogen Technologies have gone from strength to strength and have raised extra working capital on the back of their COMET grant. I see companies like this almost every week and I’m sure that both Evap-Map and ETCorp will do just the same," said Mr Macfarlane. The Minister and Mr Keenan will visit the premise of Hydrogen Technologies in Perth today for a demonstration of the company’s multi-function welding and cutting system which is being supported by a $97,000 COMET grant.
"The WA recipients are part of a national round of COMET funding, which has awarded $2.3 million to 52 innovative companies around the nation," Mr Macfarlane said. "The Howard Government is committed to innovation and we are particularly committed to helping companies take the important steps to turn great ideas into products, jobs and exports."
A full list of COMET grant recipients is available by clicking here.            |
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