Two Australian biotech startups have led the latest round of grants from the federal government’s Industry Growth Program, which will deliver $6.9 million across five projects ranging from biodegradable plastics to trailer hydraulics.
The five new grants through the Industry department’s IGP initiative each cover priority areas for the National Reconstruction Fund.
The IGP has funded 116 projects totalling more than $177 million since 2024, leaving it with about $8 …
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