EMVision Medical Devices: Awarded $5m MMI grant

EMVision Medical Devices Awarded $5m MMI grant

  • EMVision Medical Devices (EMV) is awarded a grant under the Modern Manufacturing Initiative (MMI) program by the Department of Industry, Science, Energy and Resources
  • The medical device company has been awarded $5 million under the MMI Manufacturing Translation Stream program
  • The program provides businesses with funding to support projects that translate high quality research into commercial outcomes
  • It has not been disclosed what the funding will be used for but the company confirms that further details will be published as soon as possible
  • EMVision shares are up 8.09 per cent, trading at $1.87 as of 10:33 am AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active...

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...

Cleafy Strengthens Bank Fraud Protection with $12 Million Funding

The fintech firm aims to enhance its security solutions for digital banking.Highlights: Cleafy raises $12 million to enhance...