13 companies gain up to $24.5M in taxpayer-funded R&D grants

13 companies gain up to $24.5M in taxpayer-funded R&D grants
By Fiona Rotherham July 31 (BusinessDesk) - Thirteen companies were the recipients of the latest batch of government-funded research and development growth grants totalling up to $24.5 million over three years, including the listed Eroad receiving its first ever taxpayer assistance since it started commercialisation in 2007. That brings the number of companies qualifying for the growth grants to 151 and the funding to a total of $344.5 million since they replaced the earlier technology development grants in 2013. The companies getting ...