The Nationals are backing a local company in the electorate of Eden-Monaro to take its innovative product to the next level.
Agscent has been awarded $600,000 from the Federal Government’s Entrepreneurs’ Programme which will help it commercialise a new product for primary producers.
The non-invasive product which takes a breath sample from a cow, can determine whether the animal is pregnant or not.
This technology will improve breeding productivity for primary producers and provide a safer option for pregnancy tests.
Senator Davey says the commercialisation of this product will be fantastic for the local community.
“This grant will help Agscent create new local jobs and new solutions for the market,” Senator Davey said.
“I’m delighted to see breakthrough innovations like Agscent being developed 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
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/acfunding-offers.
Information on how to join the Entrepreneurs’ Programme and apply for an
Accelerating Commercialisation grant is available at www.business.gov.au/ep.