The Territory Labor Government is supporting four local Territory start-ups and businesses to turn their innovative projects into commercial realities under the Business Innovation Program (BIP) 2.0.
BIP 2.0 is a business support program that assists Territory businesses develop and commercialise their innovative idea through funding and expert advisor support.
A key program under the Territory Business Innovation Strategy 2.0, BIP 2.0 grants are designed to accelerate commercialisation and innovation and help develop a $4 billion innovation ecosystem for the Northern Territory.
The BIP 2.0 round 3 projects and recipients include:
Go Locum awarded $ 30,000 to develop a mobile friendly marketplace connecting doctors with hospitals to fill urgent roster vacancies.
CastAway NT awarded $28,610 to develop a platform to strengthen diversity casting to Australia and the world through culturally appropriate First Nations-led skilling pathways and resources for producers and casting directors.
One Mile Brewery awarded $30,000 for their project Operation Liquid Nitrogen, which will see the operators produce Territory made non-carbonated beverages for Territory artisan beverage producers; and
Civil Tech Solutions awarded $30,000 for their project Automated Roadway Defect Detection and Condition Rating, a process of creating ‘digital twins’ of road and municipal infrastructure to ensure compliance, maintenance and safety for Territory roads and assist councils and Government.
BIP 2.0 includes 15 advisors from both the Territory and interstate to provide expert advice to BIP participants including Darwin Innovation Hub, Larrikin Interactive, ACTIO Group, Menzies School of Health Research and more.
The BIP 2.0 grant program is extremely competitive with this round receiving a record 26 business proposals. Territory start-ups or businesses that have an innovative idea can apply for support under Round 4.
