Canberra-based Goterra participated in CSIRO Kick-Start in 2019. Source: Supplied.
Australia’s national science agency is looking to unearth the next Goterra, with a fresh injection of $20 million in funding for its SME Connect portfolio.
Announced at an event with Industry Minister Ed Husic on Wednesday morning, CSIRO says the additional funding will support as many as 750 SMEs and startups to accelerate their businesses through the programs in the SME Connect portfolio.
These programs provide matched funding, training and support for companies undertaking company-led research projects, including via the SME Kick-Start program.
This flagship program has to date supported 280 such projects and its alumni companies collectively hold a market value exceeding $2 billion.
One of those companies is Canberra-based Goterra, which participated in CSIRO Kick-Start in 2019, and has developed innovative robotic maggot farms that transform organic waste into animal feed.
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