Media Release: Business Research and Innovation Initiative (BRII) RegTech Round – successful applicants announced

24 Jan 2022

In 2021, the Asbestos Safety and Eradication Agency (ASEA) made a successful submission to the Business Research and Innovation Initiative (BRII) – RegTech Round, on the challenge of using technology for real-time and accurate asbestos testing. BRII is administered by the Australian Government, through the Department of Industry, Science, Energy and Resources.

Five applicants to ASEA’s RegTech challenge were successful and will receive grants totalling $487,573. Grants will be used for initial 3-month feasibility studies, to test ideas to make the identification of asbestos more accurate in real-time and less burdensome overall. The most successful projects will be eligible to apply for an additional grant of up to $1 million to develop a prototype or proof of concept.

ASEA CEO, Ms Justine Ross, said ‘We are very excited to be supporting the successful applicants through this first phase. Anything that improves on the current options available for the identification and testing of asbestos will make dealing with Australia’s asbestos legacy more effective and efficient and most importantly safer.’

The successful applicants and projects in ASEA’s RegTech challenge are:

  • Portable Analytical Solutions Pty Ltd – in situ testing of 6 asbestos types in bulk and airborne filter samples
  • UACS Consulting Pty Ltd – Asbestos Vision, a smart phone app to identify asbestos and connect people
  •  Alemir International Pty Ltd – ALERT, real-time monitoring and warning device for airborne asbestos
  • Flawless Photonics Pty Ltd – hand-portable in-situ real-time non-contact asbestos sensor
  • PAG R&D Pty Ltd – in situ detection of asbestos in wall panelling using microwave technology.

Progress updates on these projects will be provided on our website and via social media.

For more information about the BRII RegTech round, visit https://www.minister.industry.gov.au/ministers/taylor/media-releases/bu…

For a full list of the grant recipients, visit https://business.gov.au/grants-and-programs/business-research-and-innov…;