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Archived Grant Opportunity View - GO112

Entrepreneurs' Programme - Incubator Support Initiative

GO ID:
GO112
Agency:
Department of Industry, Science and Resources
Close Date & Time:
17-Nov-2017 5:00 pm (ACT Local Time)
Show close time for other time zones
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:

The Incubator Support initiative assists New and Existing Incubators to:

  • improve the prospects of Australian start-ups achieving commercial success in international markets
  • assist Australian start-ups by delivering a range of activities to develop the capabilities required to realise their economic potential in international markets faster than they otherwise would; and
  • develop Australia’s innovation ecosystem including in Australian regions.

The initiative provides funding through two components, both of which require matched funding from applicants. The grant amount will be up to 50% of the total project value.

The first is support for New and Existing Incubators:

  • to help develop new Incubators in regions or sectors with high potential for success in international trade, and
  • to boost the effectiveness of high performing Incubators, including funding support to expand their services and/or develop the innovation ecosystem.
  • Grant amounts must be between $10,000 and $500,000. The maximum grant period is 24 months.

The second is support for Expert-in-Residence:

  • to organise and provide access to top quality research, managerial and technical talent through secondments of national or international expert advisers who will improve the chance of commercial success for start-ups in international markets.
  • Grant amounts must be between $1,000 and $25,000. The maximum grant period is 12 months.
Eligibility:

To be eligible for Incubator Support, applicants must:

  • have an Australian Business Number (ABN),
  • be an existing incubator or establishing a new incubator that can foster and facilitate the development of innovative start-ups focused on international trade, and
  • be one of the following:
    • an entity incorporated in Australia
    • an incorporated trustee on behalf of a trust
    • a not for profit organisation
    • a publically funded research organisation (PFRO), excluding government departments or agencies which undertake publicly funded research
    • local government.

You are not eligible to apply if you’re:

  • an individual, partnership or trust (however, an incorporated trustee may apply on behalf of a trust)
  • a Commonwealth or state government agency or body (including PFROs and government business enterprises)

Note: For the purposes of Incubator Support, an incubator is defined 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.

Grant Activity Timeframe:

Temporary closure of the Incubator Support application form

As of 17 November you will no longer be able to lodge an Incubator Support application through the smartform or retrieve your application content through your tracking number. Please save your application content outside this application form so it is not lost.

For further information, you can contact us on 13 28 46 or by web chat or through our online enquiry form on business.gov.au.

Instructions for Application Submission:
Addenda Available: