16 Feb

The announcement today by Minister Karen Andrews of a 1m$ "Accelerating Commercialisation" grant for Sea Forest's (www.seaforest.com.au) methane reducing seaweed technology is a welcome sign that the government is serious about the challenge of commercialisation in Australia (https://lnkd.in/grJDrY8). 

Turning the red algae 'idea' into a commercial product will mean overcoming many challenges, including industrial, regulatory,  logistics, commercial distribution, often across multiple countries, to name a few.  Solving these will require persistence, management skills and a lot more money than 1m$.  The topics and are often overlooked in the innovation strategy planning. A good first step nonetheless and I am sure the team at Sea Forest are up for the challenge.

* The email will not be published on the website.