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Grant Award View - GA218119
BFFI2
GA ID:
GA218119
Agency:
Department of Industry, Science and Resources
Approval Date:
14-Dec-2021
Publish Date:
16-Feb-2022
Category:
Industry Innovation
Grant Term:
11-Feb-2022 to 4-Sep-2023
Value (AUD):
$130,922.00
(GST inclusive where applicable)
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 21/22 Investing in science, technology and commercialisation
Grant Program:
Boosting Female Founders Initiative
Grant Activity:
BFFI2
Purpose:
The project will bring a novel product of nitrogen-infused sparkling tea brews to market. This will include scaling up, expanding into domestic and global markets, and becoming self-sufficient.
East Forged will achieve growth in stockists by:
- Developing an Augmented Reality product experience
- Creating manufacturing efficiencies
- Rapidly launching into domestic and export markets.
The outcome will be growth in unit sales by 300% over a five-year period and will take EF from start-up phase to full self-sufficiency by 2026 in a global market.
A BFF investment of $119,020 to deliver the above project activities, secure private sector investment and ensure East Forged can scale up quickly.
GO ID:
GO Title:
Boosting Female Founders Initiative – Round 2
Internal Reference ID:
BFFGII000501
Selection Process:
Open Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
EAST FORGED PTY LTD
Recipient ABN:
29 632 440 110
Grant Recipient Location
Suburb:
WILSTON
Town/City:
WILSTON
Postcode:
4051
State/Territory:
QLD
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
QLD
Postcode:
4051
Country:
AUSTRALIA