It’s absolutely critical to have the support of our government when establishing a new industry. Thanks Ed Husic MP and the Department of Industry, Science and Resources for showing your commitment to advancing Australia’s #biomanufacturing capability. The Industry Growth Program (IGP) is making sure that we are putting regional Australia in the best position to lead the global #bioeconomy.
We are honored to announce that Cauldron Ferm has been awarded $4.3M by the Department of Industry, Science and Resources Industry Growth Program (IGP). The IGP program aims to "propel SMEs into a solid growth trajectory, with this important avenue to grow our manufacturing capabilities using the cutting edge ideas of younger firms," according to Hon. Ed Husic MP, Minister for Industry and Science IGP grants are aligned with the seven priority areas of the $15 billion National Reconstruction Fund Corporation: Resources; Transport; Medical Science; Defence Capability; Renewables and Low Emission Technologies; Agriculture, Forestry and Fisheries and; Enabling Capabilities. This award reinforces our commitment to advancing Australia's biomanufacturing capabilities and positioning Australia as a global leader in the bioeconomy 🇦🇺 Thanks to Startup Daily for sharing the news. See below for Simon Thomsen's coverage ⤵ https://bit.ly/3YN9kfT Full Department of Industry, Science and Resources release linked below ⤵ https://bit.ly/3WZyTsu #biomanufacturing #bioeconomy #biotech
This is great news, congratulations
Congratulations Saurabh to you and team on this. Fantastic outcome for Cauldron.
Catherine Ball exciting times ahead ☺️
Congratulations Saurabh Das
ESG | Sustainability | Non-Executive Director | GAICD | Business improvement can only occur when both the brain and the soul is engaged in purposeful outcomes
4moCongratulations Saurabh Das and Team Cauldron Ferm for this awesome recognition and investment into Australia’s bio manufacturing sector. Well deserved ! Totally agree, investment like the Department of Industry, Science and Resources Industry Growth Program (IGP) can be the tipping point for innovative SMEs and startups that are developing the nation’s sectors-of-the-next-decade. Green Gravity has been approved for the IGP advisory services. Looking forward to seeing it help accelerate Australia’s energy storage sector.