The Morrison Government is backing a local company in Eden-Monaro to take its innovative products to the next level.
Agscent will use its $600,000 matched grant funding to commercialise their non-invasive, rapid, cost-effective and easy to use pregnancy breath diagnostic device for the primary producer sector. This technology will improve breeding productivity for primary producers and provide a safer option for pregnancy testing.
Senator for New South Wales Jim Molan welcomed the success of Agscent saying it was a boost for the local community.
“This grant will help Agscent take its product from the lab to the world, creating new local jobs in Eden-Monaro and new solutions for the market,” Senator Molan said.
“I’m delighted to see breakthrough innovations like Agscent’s pregnancy breath diagnostic device being developed right here in Eden-Monaro.”
Minister for Industry, Science and Technology Karen Andrews said the grants supported Australian ingenuity.
“Through this program, we’re helping Australian businesses scale up operations to meet the global market, while creating job opportunities here at home,” Minister Andrews said.
Accelerating Commercialisation is part of the Australian Government’s Entrepreneurs’ Programme, which has provided 519 grants worth $251 million to Australian businesses since its establishment 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.