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Current Grant Opportunity View - GO873

Entrepreneurs' Programme – Incubator Support: Expert in Residence

GO ID:
GO873
Agency:
Department of Industry, Innovation and Science
Close Date & Time:
Ongoing
Internal Reference ID:
EP
Primary Category:
261001 - Industry Innovation
Secondary Category:
261002 - Small Business
Publish Date:
14-Dec-2017
Location:
ACT, NSW, VIC, SA, WA, QLD, NT, TAS, Administered Territories
Selection Process:
Open Non-competitive

Description:

Incubator Support is an element of the Entrepreneurs’ Programme. The $23 million initiative supports the Australian Government’s commitment to: 

  • assist Australian start-ups to develop the capabilities required to achieve commercial success in international markets and realise their economic potential faster than they otherwise would
  • develop Australia’s innovation ecosystem including in Australian regions.
The initiative provides grant funding through two components to deliver Incubator Support projects, both of which require a funding contribution from applicants.

The other component is New and Existing Incubators.
 
The objective of the Expert in Residence component is to increase the capabilities of incubators and improve the chance of commercial success for start-ups in international markets by organising and providing access to top quality research, managerial and technical talent through incoming and outgoing secondments of national or international experts.
 
For an Expert-in-Residence project you can apply for a minimum grant amount of $5,000 and a maximum grant amount of $100,000. The grant amount will be up to 50 per cent of the total project value and the maximum grant period is 12 months.
Eligibility:

To be eligible for an Expert-in-Residence grant, you must:

  • be an existing incubator or establishing a new incubator that can foster and facilitate the development of innovative start-ups focused on international trade
  • have an Australian Business Number (ABN)
  • be one of the following:
    • an entity incorporated in Australia
    • an incorporated trustee on behalf of a trust
    • an incorporated not for profit organisation
    • a publicly funded research organisation (PFRO) as defined in appendix A of the program guidelines
    • a local government agency or body as defined in appendix A of the program guidelines.

We define an incubator as a business support organisation that fosters innovative start-ups focused on international trade, through the provision of services such as seed funding, colocation, mentoring, professional services and access to networks. It can include accelerators and germinators.

To be eligible, your project must:

  • include eligible activities and expenditure
  • have an eligible project value of at least $10,000.

Examples of eligible activities include:

  • a workshop where an expert gives advice on developing business activities, for example in international markets
  • engaging a national or international expert (with knowledge in start-up related technology and international experience) to assist start-ups address key challenges during an incubator program
  • national or international exchanges with an expert from another incubator either in Australia or overseas:
    • incoming experts must bring new capabilities and undertake activities that help build your capabilities in the expert’s area of expertise.
    • an outgoing expert must be embedded in a host incubator that will commit to the sharing of capabilities and knowledge that will benefit your incubator.

For more information on eligibility requirements you should refer to the program guidelines.

Total Amount Available (AUD):
$23,000,000.00
Estimated Grant Value (AUD):
From $5,000.00 to $100,000.00
Instructions for Lodgement:
Other Instructions:

business.gov.au provides information and advice to customers via a range of channels including phone (13 28 46), email and web chat. Contact us for assistance.

Addenda Available:
Yes
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