The crack detection technology for high-rise buildings is among 21 Queensland innovations sharing AU$ 2.4 million in the Queensland Government’s Ignite Ideas funding. The region’s Innovation Minister stated that said the Ignite Ideas program had invested $100,000 in the technology of a Clontarf-based tech firm.
He noted that Ignite Ideas and innovators are a significant part of the region’s Covid-19 Economic Recovery Plan. It was noted that the data sensor tech company has developed instruments embedded in concrete foundations, soil and walls to monitor the movement of high-rise buildings, tunnels, and bridges in real-time.
The partnership with the Queensland Government’s Ignite Ideas is helping the tech company grow their business. The company has already put on four new staff to help generate millions of dollars for Queensland’s innovation-led economic recovery.
The Member for Redcliffe noted that it was wonderful to see a Peninsula business launching home-grown technology internationally. She noted that the early warning system has many global applications and tremendous potential to save lives. She added that innovation is important for the Moreton Bay Region’s jobs of the future, and this is one Redcliffe Peninsula business off to a flying start.
The Director of the data sensor tech firm stated that owners and tenants can be notified of their building’s safety anywhere in the world. The system provides peace of mind that structural elements are performing safely as designed and not showing signs of fatigue. The technology is ahead of anything else on the market and is the world’s only sensor that can be cast into concrete, rock or soil. Fully wireless and blast resistant, the sensors run for at least seven years without a continuous electricity connection. It was also noted that the technology’s ability to present real-time data was a potential lifesaver.
Advance Queensland’s Ignite Ideas Fund supports small-to-medium Queensland businesses to launch nationally and internationally to create new jobs. The latest round of Ignite Ideas was predicted to generate up to 100 jobs. Ignite Ideas supports Queenslanders to take their innovations to the next level by tapping into new markets and helping to attract investment.
The latest round also includes funding for a sea rescue marine drone, AI technology for mine and major infrastructure inspections and a robot system that picks and packs fruit and vegetables.
More about the Ignite Ideas Fund
Ignite Ideas funding is available to commercialise highly innovative and new products or services that are at minimum viable product stage or beyond. The Ignite Ideas Fund supports Queensland based small to medium businesses that have high-growth potential to undertake commercialisation projects that will:
- strengthen key industries in Queensland
- diversify the Queensland economy
- compete in domestic and global markets
- engage and/or benefit regional Queensland
- create new jobs, now and into the future.
Viability and scalability beyond the completion of the project must be key long-term outcomes. Two tiers of funding are available:
Tier 1: Up to AU$ 100,000 (excluding GST) for projects of up to 12 months duration.
Tier 2: Greater than AU$ 100,000 and up to AU$ 200,000(excluding GST) for projects of up to 24 months duration.
