A grant scheme for Australian innovators will open up new opportunities to commercialise valuable technologies in partnership with enterprises in the Republic of Korea.
In this round of the Global Connections Fund (GCF), the Australian Academy of Technological Sciences and Engineering (ATSE), with support from the Australian Department of Industry, Science and Resources, is providing $680,000 to support Australian and Korean teams to develop, test and prototype technologies to respond to key national priorities.
The GCF grants of between $35,000 and $75,000 are available as seed funding capital to enable viable projects to conduct proof-of-concept, product development and market testing activities across national priority disciplines.
Technological innovation relies on partnership, knowledge sharing and common goals.
Key priorities of the scheme are robotics, quantum technologies, biotechnology, and renewable energy and batteries. The grants are designed to grow partnerships internationally, helping translate research knowledge and intellectual property into market-ready products or services.
ATSE CEO Kylie Walker is excited for the opportunities that collaboration with Korean researchers can bring. She says, “Technological innovation relies on partnership, knowledge sharing and common goals. Together, Australian and Korean teams will bring their creativity and commercialisation to life to respond to some of the most exciting technological opportunities in the world today.”
ATSE is at the forefront of international technological collaboration. The Global Connections Fund has a proud tradition of funding novel and exciting research-industry projects, across medical products, food and beverages, and recycling. ATSE is also leading on the delivery of the Global Science and Technology Diplomacy Fund – Strategic Element, providing $6 million for nine priority research and development projects with international partners including Japan, Singapore, Korea and Thailand.
Applications are now open. GCF projects will run from mid-2025 to mid-2026. All applications will be assessed by panels of expert ATSE Fellows from the relevant disciplines. To find out more, visit the ATSE website.
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