The Hon. Karen Andrews MP, Minister for Industry, Science and Technology recently announced that Veyor had been awarded an Accelerating Commercialisation (AC) grant to the value of $515,000. The AC grant will further accelerate the development of Veyor’s feature roadmap to provide greater benefit to clients and the wider construction sector and supply chain.
Given the highly competitive nature of the grant application process, this a strong endorsement from the Federal Government which is committed to supporting locally based, growing technology businesses that are solving global problems. “The grants help Australian entrepreneurs, researchers, inventors and start-ups reach their potential sooner, which in turn creates jobs and drives economic growth,” Minister Andrews said.
The Veyor product has already proven to be highly impactful on many of Australia’s largest construction projects. By digitising core site management processes, greater field coordination is enabled and subsequently valuable project data is collected which can be leveraged to improve future planning and productivity.
We look forward to continuing to work with our valued clients as we strive to increase the benefits provided by smart digital processes replacing outdated manual systems.
