Innovation from the mining and energy sectors will be taken to market as part of a program supporting companies with proven industry solutions.
The intensive 12-week program started last week in Brisbane and Perth, offering workshops and mentoring from industry leaders, entrepreneurs and subject matter experts.
The RISE Accelerator Program involves 17 Resources Innovators, Scale-ups and Entrepreneurs (RISE). RISE participants are Australian companies based in Queensland or Western Australia with products or services which are delivered into or began in these regions.
“This will help scale-ups develop their innovation, win more work, and expand their businesses, which will grow the Australian economy and create more local jobs,” Minister for Industry, Science and Technology, Karen Andrews said.
“This mentoring and industry support will help the participants gain greater traction with customers in domestic and international markets and successfully manage their growth.
“Through programs like RISE, we can strengthen Australia’s position as a global hub for innovation in the mining and energy resources sectors and enhance the competitive advantage of Australia’s traditional industries.”
The accelerator has attracted a mix of regional and metropolitan-based companies.
RISE is a collaborative initiative of the METS Ignited and NERA Industry Growth Centres, with funding and support from the Federal Government, the Queensland and Western Australian Governments and delivery partner KPMG.
METS Ignited and NERA are two of the six Industry Growth Centres established by the Coalition to drive innovation, productivity and competitiveness, while also supporting traditional industry.
Application have closed for the program, but for more information on the RISE program click here.