{"id":116055,"date":"2026-03-08T20:01:09","date_gmt":"2026-03-08T23:01:09","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/898163564"},"modified":"2026-03-08T20:01:09","modified_gmt":"2026-03-08T23:01:09","slug":"nsw-launches-20-million-emerging-tech-commercialisation-fund","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/08\/nsw-launches-20-million-emerging-tech-commercialisation-fund\/","title":{"rendered":"NSW launches $20 million emerging tech commercialisation fund"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The NSW government has launched a new $20 million fund aimed at helping startups and innovative companies turn emerging technologies into commercial products. It also announced new grants for several bioscience startups.<\/p>\n<section class=\"m-8 xl:m-0 align wp-block-pm-related-article-callout\">\n<article class=\"relative\">\n<p> <span class=\"font-bold\">Related Article Block Placeholder<\/span> <span class=\"ml-5\"> Article ID: 332200 <\/span> <\/p>\n<div class=\"flex bg-neutral-grey-1 flex-row xl:block xl:max-w-[185px] 2xl:max-w-[216px] xl:absolute xl:top-0 xl:-ml-[210px] 2xl:-ml-[248px]\">\n<div class=\"w-[141px] md:w-[216px] xl:w-full flex-none h-auto\"> <a href=\"https:\/\/www.smartcompany.com.au\/exclusive\/nsw-innovation-productivity-council-no-board-members\/\" class target=\"_self\" title> <img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=150&resize=150&ssl=1 150w, 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https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1&w=1600&resize=1600&ssl=1 1600w\" loading=\"lazy\" width=\"300\" height=\"169\" fifu-data-src=\"https:\/\/mlmjbqro95r8.i.optimole.com\/cb:bOxR.6a5\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/i2.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/Anoulack-Chanthivon-committee-header.jpg?quality=70&w=300&ssl=1\" class=\"aspect-video object-cover h-auto w-auto\" alt=\"NSW Innovation and Productivity Council has no board members, minister admits\"> <\/a> <\/div>\n<\/p><\/div>\n<\/article>\n<\/section>\n<p class=\"wp-block-paragraph\">Innovation, Science and Technology Minister <a href=\"https:\/\/www.smartcompany.com.au\/exclusive\/nsw-innovation-productivity-council-no-board-members\/\" target=\"_blank\" rel=\"noreferrer noopener\">Anoulack Chanthivong<\/a> revealed the Emerging Technologies Commercialisation Fund at an event at Sydney\u2019s climate tech hub, Greenhouse, last week.<\/p>\n<p class=\"wp-block-paragraph\">The fund was <a href=\"https:\/\/www.smartcompany.com.au\/economy\/nsw-budget-2025-26-small-business-startup-funding\/\" target=\"_blank\" rel=\"noreferrer noopener\">first outlined in the 2025\u201326 NSW budget<\/a> and forms part of the government\u2019s <a href=\"https:\/\/www.smartcompany.com.au\/startupsmart\/nsw-innovation-blueprint-27-billion-ambition-zero-commitments\/\" target=\"_blank\" rel=\"noreferrer noopener\">Innovation Blueprint<\/a>, its broader plan for supporting innovation and research commercialisation in NSW. The first funding round has a $7 million pool.<\/p>\n<p class=\"wp-block-paragraph\">Chanthivong <a href=\"https:\/\/www.nsw.gov.au\/ministerial-releases\/nsw-government-gives-20-million-boost-to-innovative-small-business\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a> the program is aimed at a common challenge faced by emerging technology companies trying to bring innovations to market.<\/p>\n<p class=\"wp-block-paragraph\">\u201cIt targets the well-known \u2018gap\u2019 in the innovation pipeline: the stage where promising technologies have early evidence but still need funding and support to mature into investable, scalable solutions,\u201d he said.<\/p>\n<p class=\"wp-block-paragraph\">\u201cThe new fund does this through repayable grants that help de-risk development and accelerate commercialisation outcomes.\u201d<\/p>\n<p class=\"wp-block-paragraph\">The program incorporates elements of the state\u2019s Biosciences Fund and Physical Sciences Fund, while expanding support to technologies that could strengthen local manufacturing capability.<\/p>\n<p class=\"wp-block-paragraph\">Alongside the announcement, the government also revealed new recipients of the $4.75 million Biosciences Fund, a commercialisation program supporting biotechnology and life sciences startups.<\/p>\n<section class=\"m-8 xl:m-0 align wp-block-pm-related-article-callout\">\n<article class=\"relative\">\n<p> <span class=\"font-bold\">Related Article Block Placeholder<\/span> <span class=\"ml-5\"> Article ID: 332259 <\/span> <\/p>\n<div class=\"flex bg-neutral-grey-1 flex-row xl:block xl:max-w-[185px] 2xl:max-w-[216px] xl:absolute xl:top-0 xl:-ml-[210px] 2xl:-ml-[248px]\">\n<div class=\"w-[141px] md:w-[216px] xl:w-full flex-none h-auto\"> <a href=\"https:\/\/www.smartcompany.com.au\/exclusive\/nsw-business-connect-return-confirmed-no-details\/\" class target=\"_self\" title> <img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1&w=1600&resize=1600&ssl=1 1600w\" loading=\"lazy\" width=\"300\" height=\"169\" fifu-data-src=\"https:\/\/i3.wp.com\/assets.smartcompany.com.au\/wp-content\/uploads\/sites\/4\/2026\/02\/nsw-small-business-minister-janelle-saffin-1.jpg?quality=70&w=300&ssl=1\" class=\"aspect-video object-cover h-auto w-auto\" alt=\"NSW to revive Business Connect with \u201cfit for purpose\u201d changes\"> <\/a> <\/div>\n<\/p><\/div>\n<\/article>\n<\/section>\n<p class=\"wp-block-paragraph\">The latest round included <a href=\"https:\/\/www.smartcompany.com.au\/technology\/news-all-g-foods-25-million-funding\/\" target=\"_blank\" rel=\"noreferrer noopener\">All G<\/a>, which is developing infant nutrition designed to more closely replicate the composition of human breast milk. <a href=\"https:\/\/www.smartcompany.com.au\/startupsmart\/six-aussie-startups-raised-42-million-this-week\/\" target=\"_blank\" rel=\"noreferrer noopener\">HydGene Renewables<\/a> also received funding for a biocatalyst technology that converts waste biomass into green hydrogen used to produce industrial chemicals such as ammonia and methanol.<\/p>\n<p class=\"wp-block-paragraph\">Funding also went to Number 8 Bio, which is developing a methane inhibitor designed to reduce emissions from cattle and sheep. The startup received <a href=\"https:\/\/www.smartcompany.com.au\/startupsmart\/number-8-bio-raises-11-million-to-reduce-methane-caused-by-cow-burps\/\" target=\"_blank\" rel=\"noreferrer noopener\">$11 million in a Series A round back in November.<\/a><\/p>\n<p class=\"wp-block-paragraph\">Swan Genomics received support for a simplified DNA sequencing platform aimed at making the technology cheaper and more accessible for hospitals and diagnostic laboratories.<\/p>\n<section class=\"has-global-padding is-layout-constrained align wp-block-pm-bottom-article-cta\"> <\/section>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; Minister for Innovation, Science and <span class=\"match\">Technology<\/span> Anoulack Chanthivong Anoulack Chanthivong &#8230; ID: 332200 Innovation, Science and <span class=\"match\">Technology<\/span> Minister Anoulack Chanthivong revealed the Emerging &#8230; event at Sydney\u00e2\u0080\u0099s climate <span class=\"match\">tech<\/span> hub, Greenhouse, last week. The fund &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-116055","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/116055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=116055"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/116055\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=116055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=116055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=116055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}