"ARENA takes a portfolio approach to investments, providing funding grants along the innovation chain from research in the laboratory to large-scale pre-commercial deployment activities."
http://arena.gov.au/funding/
Had this happened five or six years ago, CWE would most likely have been dead in the water. Fortunately, they have progressed to a point somewhere near pre commercialisation. Existing funding should complete that journey.
The dependence on ARENA should make way for finance from other institutions such as banks or Green Funds.
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