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Grant Award View - GA39178
Accelerating Commercialisation
GA ID:
GA39178
Agency:
Department of Industry, Science and Resources
Approval Date:
5-Mar-2019
Publish Date:
4-Apr-2019
Category:
Business Development
Grant Term:
1-Apr-2019 to 30-Sep-2025
Value (AUD):
$420,180.20
(GST inclusive where applicable)
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 18/19 Growing Business Investment & Improving Business Capability
Grant Program:
Entrepreneurs' Programme – Accelerating Commercialisation
Grant Activity:
Accelerating Commercialisation
Purpose:
Laconik has developed ground–breaking new technology which uses a combination of data science and artificial intelligence to scientifically target nitrogen fertiliser on broadacre farms to optimise grain yield. This technology quickly calculates nitrogen fertiliser rates for many small areas across the thousands of hectares of broadacre farms and it does this using existing sources of information and with minimal cost. Accelerating Commercialisation support will be used by Laconik to commercialise its new technology which will be made available to grain farmers to increase the profitability of their business and reduce the harmful effects of excessive nitrogen fertiliser leaching into the environment.
Internal Reference ID:
AC75352
Selection Process:
Open Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
LACONIK PTY LTD
Recipient ABN:
18 623 098 411
Grant Recipient Location
Suburb:
NEDLANDS
Town/City:
NEDLANDS
Postcode:
6009
State/Territory:
WA
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
WA
Postcode:
6009
Country:
AUSTRALIA