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Grant Award View - GA188316
Truuth Biopass Commercialisation
GA ID:
GA188316
Agency:
Department of Industry, Science and Resources
Approval Date:
18-Aug-2021
Publish Date:
8-Sep-2021
Category:
Business Development
Grant Term:
8-Sep-2021 to 29-Aug-2027
Original: 8-Sep-2021 to 7-Feb-2023
Value (AUD):
$1,091,423.30
(GST inclusive where applicable)
Variations:
- GA188316-V1 - Correction to grant award details (15-Jul-2022 )
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 21/22 Growing innovative & competitive bus, industries & regions
Grant Program:
Entrepreneurs' Programme - Accelerating Commercialisation
Grant Activity:
Truuth Biopass Commercialisation
Purpose:
truuth (Locii Holdings Pty Ltd) has developed a world-leading passwordless multi-biometric authentication service to provide the highest possible level of confidence for high risk authentication scenarios. truuth Biopass will benefit organisations that need to mitigate the risk of authenticating the wrong person for events such as providing access to highly sensitive documents and approving high value transactions. Accelerating Commercialisation support will be used to help truuth commercialise Biopass through a global 'as-a-service' platform that delivers significant improvements for enterprises for their customers user experience and security through helping them go passwordless.
GO ID:
GO Title:
Entrepreneurs' Programme - Accelerating Commercialisation
Internal Reference ID:
ACGRANT001037
Selection Process:
Open Non-competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
LOCII PTY LTD
Recipient ABN:
28 630 466 205
Grant Recipient Location
Suburb:
WARRIEWOOD
Town/City:
WARRIEWOOD
Postcode:
2102
State/Territory:
NSW
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
NSW
Postcode:
2000
Country:
AUSTRALIA