The federal government’s $1.6 billion research commercialisation program has stalled again, keeping universities and researchers on hold for the second time. But an administrative process has revealed the first recipients ahead of an official announcement.
Government documents published this month show at least eight universities will share in $2.5 million in the protracted pilot phase of Australia’s Economic Accelerator (AEA) program.
The bipartisan research commercialisation push was announced 18 months ago and legislated by the Albanese government in March. The first announcements of ‘seed’ grants were planned for May and June, ahead of full program launch later in the year.
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