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Grant Award View - GA277231
Exergenics Machine Learning Chilled Water Plant Optimisation Software
GA ID:
GA277231
Agency:
Department of Industry, Science and Resources
Approval Date:
7-Sep-2022
Publish Date:
22-Dec-2022
Category:
Business Development
Grant Term:
21-Dec-2022 to 6-Jun-2028
Value (AUD):
$721,820.00
(GST inclusive where applicable)
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 22/23 Growing innovative & competitive bus, industries & regions
Grant Program:
Entrepreneurs' Programme - Accelerating Commercialisation
Grant Activity:
Exergenics Machine Learning Chilled Water Plant Optimisation Software
Purpose:
Exergenics has developed an innovative cloud-based, AI-driven chilled plant optimisation software for owners and operators of large commercial or residential buildings. This technology will enable owners and operators of large buildings to reduce the energy consumption and carbon intensity of their buildings while enhancing the mechanical performance of their chilled plants. Accelerating Commercialisation support will be used to help Exergenics commercialise this software and achieve greater technical and commercial scalability. This will result in a significant export opportunity for Australia that will create jobs while helping Australia and the rest of the world move closer to their sustainability targets.
GO ID:
GO Title:
Entrepreneurs' Programme - Accelerating Commercialisation
Internal Reference ID:
ACGRANT002005
Selection Process:
Open Non-competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
EXERGENICS TRADING PTY LTD
Recipient ABN:
70 648 256 062
Grant Recipient Location
Suburb:
MELBOURNE
Town/City:
MELBOURNE
Postcode:
3000
State/Territory:
VIC
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
VIC
Postcode:
3000
Country:
AUSTRALIA