If you are starting out and have a novel product, process or service you want to bring to life - this grant could be for you!
What is it?
This grant provides entrepreneurs and startups with access to expert guidance to help find commercialisation solutions right for your idea. Matched funding might also be available to support your commercialisation project.
Who is this for?
Entrepreneurs, start-ups and SMEs who:
have a novel product, process or service you want to commercialise;
seek opportunities to trade in different states or territories; and
do not appear on the Workplace Gender Equality Agency list of non-complying organisations.
What do you get?
Stage one: Commercialisation Guidance - expert advice and guidance from an AusIndustry Customer Service Manager or a commercialisation adviser who have expertise in key sectors, and local and international markets.
Stage two: Accelerating Commercialisation Grant - you may also be eligible to receive funding to support an eligible project you are working towards (think grants of up to $1 million for up to 50% of eligible project costs).
Stage Three: Portfolio Services - some applicants may also receive portfolio services which will allow you to access expert networks and promotional opportunities.
Timing:
This grant is currently closed! But don’t fret - the program is being rejigged and will be open again soon.
☝🏻 Our tip:: This grant is great if you are just starting out and would like professional business guidance around how to commercialise your idea (for example - you are thinking about expanding interstate or globally). Make sure you read the customer guidelines so you are across all of the eligibility requirements.