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.
Applications for round 4 of BIP 2.0 are now open and close at the end of April 2024. For more information and to apply head to nt.gov.au/bip
Quotes to attribute to Minister for Business and Jobs Joel Bowden:
“Harnessing innovation helps generates new ideas and technology, drives business growth, creates local jobs and attracts new investment which boosts our local economy.”
“The Territory Labor Government is supporting businesses to develop and commercialise their innovative projects through powerful programs such as BIP 2.0.
“Territory businesses are known for their ingenuity and passion and Round 4 of BIP 2.0 will help turbocharge another cohort of innovative projects invented right here in the NT.”
Quotes to attribute to One Mile Brewery co-owner Bardy Bayram:
“There is currently no facility in the Northern Territory to can non-carbonated beverages such as juices, spring-water, coffee and iced teas.
“Operation Liquid Nitrogen addresses this by adding the ability to not only can Territory-made beverages including our One Mile Brewery products but will also provide the technology for other Territory artisan beverage producers.”
Quotes to attribute to CastAway NT owner Sarah Price:
“CastAway NT’s vision is to make the Northern Territory the epicentre for diverse, groundbreaking talent.
“We are creating a new platform to support our incredible First Nations screen talent to create real careers and pathways in our domestic screen sector and supporting screen producers in creating culturally safe workplaces.
“It’s about getting talent ready for the industry and the industry ready for the talent.”
Ends
Source: Northern Territory Government newsroom
Photo caption: Kakadu Billabong Safari Camp © Tourism NT / Helen Orr
