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Current Grant Opportunity View - GO6633

Industry Growth Program: Commercialisation and Growth

GO ID:
GO6633
Agency:
Department of Industry, Science and Resources
Close Date & Time:
Ongoing
Primary Category:
261003 - Business Development
Publish Date:
2-May-2024
Location:
ACT, NSW, VIC, SA, WA, QLD, NT, TAS, Administered Territories
Selection Process:
Open Non-competitive

Description:

Participants in the Industry Growth Program Advisory Service may apply for Commonwealth grant funding to support specific commercialisation and/or growth projects. The commercialisation and growth stages may include developing marketplace strategies for entry to market, accelerating growth and scaling up into national and international markets.

SME’s can apply for grants of $100,000 to $5,000,000 to support commercialisation and growth.

Eligibility:

To be eligible you must:

  • have an Australian Business Number (ABN)
  • be non-income-tax-exempt
  • be registered for the Goods and Services Tax (GST)

and be one of the following entities:

  • a company, incorporated in Australia
  • a co-operative
  • an incorporated trustee applying on behalf of a trust.

We can only accept applications from participants in the program who:

  • have a combined annual turnover of less than $20 million for each of the three financial years prior to the lodgement of the application
  • have received a report through the program’s Advisory Service
  • own or have access to any Intellectual Property (IP) you need to undertake your commercialisation and growth project and own or have the exclusive right to commercialise any IP generated from it
  • can provide evidence of your ability to fund at least your share of eligible project expenditure, such as funding strategy and a bank statement or loan agreement. You must provide an accountant declaration that confirms your ability to fund the project.
Estimated Grant Value (AUD):

From $100,000.00 to $5,000,000.00

Instructions for Application Submission:
Other Instructions:

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