ANU has won $500,000 in new funding for innovation in the 2016-17 CBR Innovation Development Fund.

The funding will support four ANU projects, from the College of Engineering and Computer Science, Research School of Astronomy and Astrophysics, Research School of Chemistry and Research School of Physics and Engineering.

Vice-Chancellor Professor Brian Schmidt said capturing more than a third of the $1.45 million funding recognises the work on innovation being done at ANU.

"ANU is proud to be at the centre of Australia's innovative economy. The University has produced world-class technology from a base of fundamental research," Professor Schmidt said.

Successful CBR Innovation Development Fund grants are:

• Dr Naomi Mathers, ANU Research School of Astronomy and Astrophysics,  for leveraging existing earth observation from space capability and infrastructure in the ACT to grow the space economy: $200,000;  
• Dr Shayne Flint, ANU College of Engineering and Computer Science, for increasing collaboration across the ACT innovation eco-system by simplifying access to ANU facilities and intellectual assets: $150,000;
• Dr Karmen Condic-Jurkic, ANU Research School of Chemistry, for a cloud-based repository and analysis toolkit for molecular dynamics simulations: $100,000; and 
• Professor Joseph Hope, ANU Research School of Physics and Engineering, for modular education resources in Science, Technology, Engineering and Mathematics, $50,000.