Mako Turbines, a tidal energy developer based in New South Wales, Australia, has been shortlisted as semi-finalist for the Australian Technologies Competition (ATC) Business Accelerator.
The ATC is seeking to mentor and profile Australian companies developing the emerging technologies in priority sectors that have global potential.
ATC administration has announced 38 semi-finalist companies with the capability to become game-changers across the sectors of energy, manufacturing, food and agritech, mining, medical technologies, cyber security and smart cities.
One of the companies active in tidal energy sector listed as a semi-finalist is Mako Turbines which has designed tidal technology that can produce predictable renewable electricity from free-flowing water in tides, rivers, canals, inter-island channels or tailraces of hydro dams around the world.
John O’Brien , the competition organizer, said: “This year we have partnered with the Federal Government’s Industry Growth Centres to identify and work with technologies from the Government’s priority sectors. The Semi Finalists will have unmatched profiling opportunities with industry that will help them get to market and realise their potential in Australia and globally.”
Other supporters and partners on the 2016 program include the NSW Department of Industry, National Energy and Resources Australia (NERA) and industry associations including AustMine, AusBiotech, AMTIL and the Facilities Management Association
Winners of the competition will be announced on November 2, 2016.