Northern Beaches company Biocarbon is winning recognition as a leader in the move to green steel. The latest advance for this Northern Beaches innovator comes by way of a $293,840 grant from the Morrison Government.
The grant supports companies advance environmental innovations to market. It is part of more than $12 million in funding for small businesses from the Morrison Liberal Government.
Biocarbon Pty Ltd from Ingleside will use the funding to scale renewable carbon for green steelmaking.
Minister for Industry, Energy and Emissions Reduction Angus Taylor said the grants will help home-grown companies grow, commercialise their products and gain further investments to enter new domestic and international markets.
“We are proud to support Australian companies take their innovative technologies and products to the next level through the commercialisation process,” Minister Taylor said.
“These latest projects are all great examples of Australian innovations – many across high-skilled manufacturing priorities – which have remarkable potential to improve the quality of our lives, create new jobs and support our economic recovery.”
Jason Falinski MP congratulated Biocarbon and said the successful grants were a win for the environment, small business, and the people of the Northern Beaches.“
This grant will help Biocarbon grow its innovation around green steelmaking while creating local jobs in Ingleside,” Falinski said.
“We have a booming green economy in Mackellar that is only getting bigger, whether it’s the innovation in recycling through The Morrison Government’s ReMade Australia program or funding to install solar panels and battery storage across the electorate.”
The Accelerating Commercialisation Grant is part of the Australian Government’s Entrepreneurs’ Programme, which has provided 573 grants worth more than $281 million to Australian businesses since it was established in 2014.
More information on the grant recipients is available at www.business.gov.au/ac-funding-offers.
Information on how to join the Entrepreneurs’ Programme and apply for an Accelerating Commercialisation grant is available at www.business.gov.au/ep