House of Assembly Fifty-First Parliament, Second Session (51-2) 51 2 Parliament of South Australia House of Assembly published Answers to Questions Innovation Commercialisation and Development Grants INNOVATION COMMERCIALISATION AND DEVELOPMENT GRANTS Dr McFETRIDGE House of Assembly Morphett INNOVATION COMMERCIALISATION AND DEVELOPMENT GRANTS 387 Dr McFETRIDGE (Morphett) (18 February 2008). What projects received Innovation Commercialisation and Development Grant funding in 2006-07? The Hon. K.O. FOLEY House of Assembly Port Adelaide Deputy Premier Minister for Industry and Trade Minister for Federal/State Relations INNOVATION COMMERCIALISATION AND DEVELOPMENT GRANTS The Hon. K.O. FOLEY (Port Adelaide—Deputy Premier, Treasurer, Minister for Industry and Trade, Minister for Federal/State Relations): The Department of Trade and Economic Development has provided the following information: The Government announced the availability of two new State Government grants, the Innovation Commercialisation Grant and the Innovation Development Grant in January 2007 with funds of up to $50,000 and $25,000 per enterprise respectively, to encourage SA business owners to grow their business by promoting innovation and assisting companies with commercialisation. In the 2006-07 year funding was approved for the following recipients and their projects: Innovation Commercialisation Grant Patient Safety International Pty Ltd—healthcare software product development to assist with hospital management processes to prioritise triage patients during a large scale accident or medical crisis. Radford Consulting Pty Ltd—Information technology solution to service retail, banking and hospitality sectors for monitoring customer satisfaction in real time. Stamina Lifters Pty Ltd—Development of a battery powered trolley device to enable easy transportation of patients in hospital beds by a single operator. Applidyne Engineering Solutions—Development of an innovative and low cost Rankine cycle heat engine design. Innovation Development Grant Gate Drive Systems—Development of new technology in tamper proofing and monitoring high security fences and gates. Water Data Services—Invented software and the accompanying hardware components to pre-empt algal blooms in water catchments areas required for public consumption or use. Optoglobal Holdings—Inventers of ophthalmic indocyanine green-mediated photothrombosis to treat age-related macular degeneration—(repairing eye damage in older population). Remediate Pty Ltd—To build a turn key facility, as a proof of concept, to market world wide total management solutions for remediation of contaminated soli, water and waste. Oystek Pty Ltd—Develop a bio-mass analysis application and integrate into Oystek's grading technology for specialised application in grading and processing equipment for the aquaculture industry. Accent Wine Packaging—development of a new high technology wine storage container aimed at up market wine investors. Readymade Productions—Development of DVD/CD education material capability for Australian and US markets.