Daitum wins second AusIndustry Grant
AusIndustry Accelerating Commercialisation Grants are an Australian Federal Government program that provides small and medium businesses, entrepreneurs and researchers with access to expert advice and funding to help get a novel product, process or service to market. Daitum won an initial grant in 2018 and, based on the successful outcomes from this funding, has just won a second grant for a total funding of nearly $400,000.
Grants are awarded through a competitive, open, merit-based selection process that is assessed by an industry based panel against five equally weighted criteria:
- Market Opportunity
- Value Proposition
- Execution Plan
- Management Capability
- National Benefits
Winning these grants is a significant external validation of Daitum’s ambitions and the funding will significantly assist in building a powerful and innovative optimisation platform.