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Current Grant Opportunity View - GO110

Entrepreneurs' Programme - Accelerating Commercialisation

GO ID:
GO110
Agency:
Department of Industry, Innovation and Science
Close Date & Time:
Ongoing
Internal Reference ID:
EP
Primary Category:
261001 - Industry Innovation
Publish Date:
5-May-2017
Location:
ACT, NSW, VIC, SA, WA, QLD, NT, TAS, Administered Territories
Selection Process:
Open Competitive

Description:

Accelerating Commercialisation provides access to expert guidance and grants to help businesses commercialise their novel products, processes and services.

Accelerating Commercialisation offers the following services and grants to successful applicants:

  • Commercialisation Guidance
  • Accelerating Commercialisation Grants
  • Portfolio Services.

Commercialisation Guidance

If you’re successful, this support will connect you to an AusIndustry Customer Service Manager or a Commercialisation Adviser.

The Commercialisation Adviser will:

  • offer initial guidance on the commercialisation project or strategy
  • provide feedback if you want to progress to a Grant or Portfolio Services application.

Accelerating Commercialisation Grant

This grant provides projects up to 50% of the expenditure to a maximum of:

  • $250,000 for commercialisation offices and eligible partner entities
  • $1 million for all other applicants.

Accelerating Commercialisation Grant recipients will also receive Portfolio Services for the duration of the project.

Portfolio Services

Portfolio Services provides a connection to a range of services that may include:

  • guidance from Commercialisation Advisers
  • access to the expert network
  • access to promotional opportunities.
Eligibility:

Applicants must be one of the following to apply:

  • a for-profit company registered and operating in Australia
  • a commercialisation office or Eligible Partner Entities
  • individuals, partnerships or trustees who agree to form a for-profit company.

Applicants that receive Commercialisation Guidance can apply for:

  • an Accelerating Commercialisation Grant, which includes Portfolio Services or
  • Portfolio Services only.

Commercialisation Guidance is available to applicants that:

  • have a novel product, process or service they wish to commercialise
  • want to trade to customers external to the state or territory of their place of business
  • are not named as non-complying by the Workplace Gender Equality Agency.

To apply for an Accelerating Commercialisation Grant, applicants must:

  • have received Commercialisation Guidance
  • have a novel product, process or service they wish to commercialise
  • have the relevant access to the intellectual property to undertake the commercialisation project
  • meet the turnover test outlined at Section 5 of the Customer Information Guide; and
  • show they can fund at least 50% of the project expenditure, which may include labour (plus on-costs), contracts, manufacturing plant, pilot and prototype manufacturing expenditure.

To apply for Portfolio Services only, among other things, applicants must have received Commercialisation Guidance and have a relevant type of commercialisation strategy. Refer to Customer Information Guide for more details.

Estimated Grant Value (AUD):
From $1.00 to $1,000,000.00
Instructions for Lodgement:
Other Instructions:

business.gov.au provides information and advice to businesses 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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