Business & invest,
Innovative Gold Coast business lands federal grant for tech development
Natalie O’Driscoll | August 13, 2020
Gold Coast company Digispectro has recently been awarded almost $400,000 by the Federal Government to undertake development of a game-changing skin analysis device.
The Entrepreneurs’ Programme Accelerating Commercialisation grant fund was established by the Federal Government in order to assist Australia in charting a course out of the other side of the COVID pandemic, with a special focus on growing the economy and creating local jobs.
Gold Coast company Digispectro applied for a grant to further develop and commercialise a portable and affordable wireless skin scanning wand called a spectrophotometer, and were among one of the successful bids across the country, receiving $393,985 towards the project.
Digispectro’s Managing Director Barry Amor is a Hope Island resident with a decades-long and diverse history of entrepreneurial success. The decision to develop the innovative product ‘CompleXion’ came about after identifying issues with the current technology.
“I have been involved with a camouflage cosmetic business for a long time and we were unable to come up with a means of accurately analysing skin for formulation or matching to the camouflage cosmetic,” said Mr Amor.
“This led to the decision to develop our own hand held spectrophotometer which can be used for general cosmetic and many other applications. We are also conducting research into its application for analysing skin conditions.”
From a technical perspective, ‘CompleXion’ is already able to monitor the treatment of skin conditions such as Melasma.
“It just requires some change to the software that analyses the scan results,” Mr Amor explained.
“We are also researching the use of higher frequency sensors and additional input devices, such as electronic microscopes, for mole mapping.”
The Digispectro team, comprised of Mr Amor, Chief Technical Officer Don Fletcher and Marketing Director Glenys Pitkin, have already built a number of fully functional scanners for display at trade shows, and are now aiming to build a further quantity for demonstration and evaluation with prospective customers, with a view to be able to fulfil orders before the end of the year.
‘CompleXion’ also attracted significant worldwide interest at a 2019 Hong Kong trade show.
“The interest and feedback we have received leaves us with no doubt that we have developed a world class device here on the Gold Coast,” states Mr Armor.
The Federal Member for Fadden, The Hon. Stuart Robert MP, believes this new technology will revolutionise the industry.
“Digispectro’s wireless scanning wand technology will dramatically improve cosmetic and health results, particularly in the management of mole monitoring and conditions such as melasma”, Mr Robert said.
“This is a great example of the bold-thinking happening right here on the northern Gold Coast that has the potential to take on the world.”
Since the launch of the Accelerating Commercialisation grants in 2014, 477 grants worth almost $230 million have been offered to Australian businesses. This year, 21 projects around Australia are sharing in more than $10 million.