METS Ignited was one of six Industry Growth Centres funded by the Australian Government Department of Industry, Science and Resources.
METS Ignited has successfully concluded its eight-year program, enhancing collaboration and commercialisation within the Mining Equipment, Technology, and Services (METS) sector.
The objectives of the Industry Growth Centres was to accelerate commercialisation of innovation in Australia, enhancing industry skills and capabilities and growing exports in sectors of national competitive advantage
1
Shared vision
Provided investment support to establish an innovation ecosystem with a shared vision for the future growth of Australian capability.2
Strengthen collaboration in the mining innovation system
Partnered with Mining Equipment, Technology and Services companies (vendors) as the translation engine to commercialise local innovation.3
Address gaps in the METS-Mining ecosystem
Agregated industry demand for innovation, providing a clear market for emerging innovation to scale and grow.4
Raise local profile of METS
Showcased Australia's Mining Equipment, Technology and Services sector as the innovation hub for the global mining industry.5
Promote world-class collaboration
Identified the unique collaboration needs of the local economy, and established a sustaiable innovation ecosystem to support Australia's needs.
Throughout its duration, METS Ignited invested over $16 million into 35 collaborative projects, attracting 2.5 times industry matched funding and supporting the development of 20 new Australian technology companies, generating over 1,000 jobs. These companies are projected to contribute $900 million to the Australian economy by 2025.
In addition to our direct funding of collaborative projects, and our Accelerators, Masterclasses and Cluster Initiatives, METS Ignited has invested in the development of multiple innovation hubs, precincts, consortium and support organisations
METS Ignited’s legacy in our investment into building, supporting numerous organisations including Core Innovation, QuantumTX, the Australian Automation and Robotics Precinct (AARP), Resources Centre of Excellence, the Electric Mine Consortium (EMC), Unearthed, the Future Batteries CRC (FBICRC).