The Federal Government has announced $10 million in grants to support 23 inventions through the Commercialisation Australia program.

 

The inventions that were awarded funding include five health-related projects that could manage chronic stress, create drugs with fewer side effects, produce healthier foods, combat hearing loss and enhance micro-scale blood storage.

 

Sydney-based Ai-Media has been granted more than $1.7 million for technology that allows live speech to be streamed as text to iPads, tablets or laptops. This will help provide people who are deaf or hearing impaired access to employment and education opportunities.

 

Funding was also granted to an invention that could produce biological drugs to fight pain, cancer and inflammatory diseases in cats, dogs and horses.

 

The full list of grants can be found here