FEDERAL GOVERNMENT INVESTS $64,000 IN LOCAL INVENTION

An invention devised by a Byron Bay-based web development company is a step closer to entering the market place today following the latest round of innovation grants from the Federal Coalition Government, Nationals Senator Fiona Nash said. Senator Nash said Webko Pty Ltd has been granted $64,000 in funding from the Federal Coalition Government to help develop its SEMM invention – ‘Search Engine Marketing Machine’ – which is an automated specialised search engine marketing process. “This project is a great example of the innovation and ideas that so often originate in rural and regional areas,” Senator Nash said. “I certainly congratulate the company on its success and trust today’s funding announcement will help in turning this idea into a successful commercial product. “The Federal Coalition is proud to support projects like this as they are so important to rural and regional economies. After all, it’s innovative companies like this, and the products and services they develop, that hold the key to future job, and in turn, economic growth in our regions.” Webko Pty Ltd was awarded the funding under the Federal Coalition’s Commercialising Emerging Technologies (COMET) programme. Project description: Webko Pty Ltd, a web development company has produced SEMM ('Search Engine Marketing Machine') an automated specialised search engine marketing process. SEMM is an innovative automated process which enables clients to achieve top rankings in search engines by correcting the client's internet site structures and content and linking these to internet sites already established in frequently used searches. COMET funding will be used for Strategic Business Plan Development, Intellectual Property Strategies and finalising a Working Prototype. Webko Pty Ltd is one of 86 innovative businesses sharing in more than $34 million through the latest round of Commercial Ready and Commercialising Emerging Technologies (COMET) grants. More information on the innovation grants programmes can be found at: www.ausindustry.gov.au or by phoning the AusIndustry hotline on 13 28 46 or email hotline@ausindustry.gov.au Media contact: Julie Siegert 0429 818 600

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