The Australian Government's Innovation Report
The Australian Government's Innovation Report
The Australian Government's Innovation Report
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In 2005–06, $12.83 million was invested in 36 companies and projects (the <strong>Australian</strong> Government provided<br />
$8.97 million). Of these ventures, 22 were new investments.<br />
From the programme’s inception to 30 June 2006, investments totalling $25.88 million were made into 46 investee<br />
companies and projects in the following sectors: agriculture (one), chemical engineering (one), horticulture<br />
(one), Information Technology (five), communications (seven), life sciences (23), manufacturing (seven) and<br />
medical devices (one). <strong>The</strong> <strong>Australian</strong> Government’s contribution was $18.06 million. At least seven products<br />
have been taken to market and one company has been divested.<br />
More information about the Pre-Seed Fund can be found at: www.ausindustry.gov.au<br />
Starfish Pre-Seed Fund – Ceram Polymerik<br />
A new generation of passive fire protection is being developed and commercialised by a Melbourne-based<br />
early stage materials company Ceram Polymerik, a spin-out company from the Cooperative Research Centre<br />
for Polymers.<br />
Researchers at the Cooperative Research Centre developed a novel polymer ceramic composite that behaves<br />
like a polymer under normal processing conditions but turns into a hard dense ceramic when exposed to<br />
heat and fire. This technology has applications in the passive fire protection market.<br />
Passive fire protection refers to products in buildings, structures or transport vehicles that enhance fire resistance.<br />
<strong>The</strong> aim is to counteract the movement of heat and smoke between floors, rooms or compartments by<br />
sealing penetrations, prolonging stability or creating barriers to the passage of fire, heat or smoke. Ceram Polymerik<br />
is working on a range of polymer composites for use as fire barriers in passive fire protection applications.<br />
With the help of the Starfish Pre-Seed Fund, which first invested in the company in September 2004, Ceram<br />
Polymerik is working to complete manufacturing scale-up for its initial product formulations and to<br />
engage with its two leading customers.<br />
Ceram Polymerik Photo credits: DITR<br />
60 Backing Australia’s Ability