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Entrepreneurs' Programme - Accelerating Commercialisation

Status

Closed

Provider

Australian Department of Industry, Science, Energy and Resources

Amount

Up to $1,000,000

Round 1

Closes: 09 May 2023

Location

  • - National (Australia)

Who Can Apply

  • - Businesses
  • - Non-Government
  • - Individual
  • - Other

Co-contribution Required?

Yes

Entrepreneurs' Programme - Accelerating Commercialisation

Provides small and medium businesses, entrepreneurs and researchers with access to expert advice and funding to help get a novel product, process or service to market.

*Please note - The Accelerating Commercialisation program closed on 9 May 2023.*

You can submit an expression of interest for Commercialisation Guidance at any time. After receiving guidance, you may be eligible to apply for an Accelerating Commercialisation Grant:
- Commercialisation Guidance – guidance and assistance to develop the commercialisation potential of your novel product, process or service
- Accelerating Commercialisation Grants – financial assistance to help commercialise your novel product, process and service.

What do you get?
- Expert advice and guidance
- Up to $500,000 of matched project funding for Research Commercialisation Entities and Eligible Partner Entities
- Up to $1 million of matched project funding for all other eligible applicants.

Who is this for?
- Australian entrepreneurs, researchers, inventors, start-ups, Research Commercialisation Entities and small and medium enterprises who have a novel product, process or service they want to commercialise.

Accelerating Commercialisation Grants provide up to 50% of eligible expenditure to support your commercialisation project. If successful you will receive on-going support from your Facilitator throughout the life of your commercialisation project.

To be suitable to receive Commercialisation Guidance you must have a novel product, process or service that you wish to commercialise for trade in Australian and/or overseas markets.

You must also meet the turnover test, which helps us target our advice and support to the businesses that need it most.

Click here to view full funding guidelines on the provider's website.