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Tech

CSIRO launches program to foster medtech for SMEs

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Australia’s national science agency has announced an exciting opportunity for start-ups and small to medium-sized enterprises operating in the digital health and medical technology sectors.

The CSIRO invites applications for its upcoming “Innovate to Grow” program, aimed at driving innovation and advancement in these critical fields.

This 10-week online program, offered at no cost, has been specially designed to assist Australian SMEs in navigating the complex landscape of research and development (R&D) in digital health and medical technologies.

Helping SMEs Thrive

Professor Susie Nilsson, the Director of Biomedical Manufacturing Research at CSIRO, emphasised the program’s significance in fostering meaningful collaboration between research organizations and SMEs.

She noted that developing sustainable products in the digital health and medical technology sectors is a challenging and often underestimated process.

“The daunting task of navigating stringent testing and product development processes can be particularly overwhelming for SMEs,” Professor Nilsson said.

“Innovate to Grow presents a unique opportunity for businesses to gain valuable insights from industry experts about how research and development collaboration can help take their technology to the next level.

“In particular, the way in which businesses can advance from a research idea to a tangible R&D opportunity.”

READ MORE: The right startup funding choice

Unlocking Opportunities

Participants in the program will have the chance to collaborate with a mentor from CSIRO or a university.

This collaboration will address both technical and business challenges, helping SMEs explore R&D opportunities and gain insights into partnering with research organizations.

Additionally, participants will learn how to craft compelling R&D funding applications to support their projects.

Liz Crompton, SME Connect Program Advisor, highlighted the positive impact of the Innovate to Grow program since its inception.

“To date, Innovate to Grow has equipped over 500 businesses with the knowledge and tools to advance their ideas, with many program alumni initiating R&D projects with research organizations like CSIRO within 12 months of completing the program,” Ms. Crompton said.

R&D Funding

Participants may also become eligible for dollar-matched R&D funding through the CSIRO Kick-Start program, further enhancing their growth prospects.

The program is scheduled to commence on March 14, 2024, and is open to a limited number of SMEs operating in various sub-sectors within digital health and medical technology.

These sub-sectors include therapeutics and care, health system analytics, biomedical informatics and data modeling, as well as diagnostics, biosensors, biomedical devices, drug discovery, vaccines, and biologic therapeutics, among others.

Applications for CSIRO’s Innovate to Grow: Digital Health and Medical Technology program will be accepted until Sunday, February 18, 2024.

Find out more here.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Tech

The coming battle of Big Tech vs The State

Musk forced to comply with Brazil’s court order against far-right accounts, highlighting tech companies’ struggles with global regulation.

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Elon Musk was forced to comply with Brazil’s court order against far-right accounts, highlighting tech companies’ struggles with global regulation.

The influence of social media platforms like X extends beyond economic factors; they also impact public perceptions and democratic values. Governments in India, Turkey, and Brazil have pressured X to remove content they consider harmful or misleading.

Last year, Elon Musk faced legal challenges in Brazil regarding the removal of far-right extremist accounts from X, his social media platform. Despite resisting a court order for months, Musk complied after the court threatened to block access for 20 million Brazilian users. It incident highlights the ability of nation-states to regulate powerful tech companies, which they accuse of spreading misinformation and hate speech.

Many governments say tech giants like Meta, Google, and Amazon often dominate markets, causing issues with misinformation and monopolistic practices. Their algorithms can lead to user addiction, while private data misuse raises concerns about competition and market fairness.

Governments have attempted to regulate these companies, with varying degrees of success. The European Union has made notable advances, including imposing significant fines on Apple and requiring interoperability between messaging services. In the U.S., Google faced a $700 million antitrust settlement.

Critics argue that government interventions can resemble censorship. Musk has positioned his actions as a defence of free speech, particularly after his acquisition of Twitter and subsequent reduction in content moderation.

While some tech companies are implementing self-regulation measures to safeguard users, these efforts may not be sufficient. As artificial intelligence evolves, regulation may become increasingly challenging for governments.

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Tech

The Future of Technology Unveiled in Las Vegas

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CES 2025 is lighting up Las Vegas with a showcase of groundbreaking technology.

AI-Powered Beauty and Health Devices

One standout is Samsung’s AI-powered beauty mirror, which delivers personalised skincare analysis and recommendations, setting a new standard for at-home beauty routines. Joining the health revolution is Withings’ Omnia, a smart body scanner that provides comprehensive health insights through advanced sensors and AI technology.

Innovative Robotics

CES 2025 is buzzing with robots designed to make life easier and more interactive. Yukai Engineering’s Mirumi is a pastel-coloured robotic companion that clings to your bag, offering baby-like interactions for comfort on the go. For those needing a helping hand at home, Roborock’s Saros Z70 vacuum robot features an extendable arm to pick up household items while cleaning.

Revolutionary Transportation

Pushing the boundaries of mobility, Atmos Gear’s electric skates promise a thrilling ride, reaching speeds of up to 18 mph with a 16-mile range. Controlled by a waist-worn battery pack and controller, these skates are perfect for commuters or adrenaline seekers.

Health Tech Innovation

FlowBeams’ BoldJet is revolutionising healthcare with its needle-free injection technology, using high-velocity liquid jets to deliver medications painlessly while reducing needle waste. This prototype points towards a future of more comfortable and sustainable medical procedures.

Empowering Robotics for Independent Living

Enchanted Tools’ Mirokai robot is tailored for elderly care, offering assistance and companionship to support independent living. Combining functionality with emotional connection, it’s a heartening example of how robotics can transform lives.

The Future of Smart Living

With its innovative range of devices, CES 2025 is also highlighting the intersection of convenience and technology. From smart home devices to AI-driven solutions, this year’s event underlines the industry’s commitment to making life simpler and more enjoyable.

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Microsoft to invest $80 billion in AI data centers

Microsoft to invest $80 billion in AI-enabled data centers by fiscal 2025, according to CNBC report.

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Microsoft to invest $80 billion in AI-enabled data centers by fiscal 2025, according to CNBC report.

In a recent report by CNBC, Microsoft announced plans to invest $80 billion in artificial intelligence-enabled data centres during fiscal year 2025.

This significant expenditure is aimed at enhancing the company’s capabilities in AI and data processing.

As part of its strategy, Microsoft aims to increase its competitive edge in the rapidly growing AI sector. The funding will support the development of infrastructure necessary for AI applications and services.

This move also signals Microsoft’s confidence in the potential growth of AI-enabled solutions in the coming years. The investment decision has potential implications for job creation and economic activity in regions hosting new data centres.

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