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Current Grant Opportunity View - GO5507

Business Research and Innovation Initiative (BRII): Regulatory Technology Round - Proof of Concept Grants

GO ID:
GO5507
Agency:
Department of Industry, Science, Energy and Resources
Close Date & Time:
4-Jul-2022 5:00 pm (ACT Local Time)
Show close time for other time zones
Primary Category:
261001 - Industry Innovation
Publish Date:
10-May-2022
Location:
ACT, NSW, VIC, SA, WA, QLD, NT, TAS, Administered Territories
Selection Process:
Targeted or Restricted Competitive

Description:

The Business Research and Innovation Initiative (BRII) Regulatory Technology Round occurs in three stages:

  • Stage 1 – Challenge Selection
  • Stage 2 – Feasibility study
  • Stage 3 – Proof of Concept

This opportunity is Stage 3 of the Business Research and Innovation Initiative. 

The purpose of the Proof of Concept grants is to support you to build on your feasibility study and produce working prototypes or demonstrations of the innovative solutions that address one of the 4 challenges.

The intended outcome of the grant opportunity is to develop the proof of concept or prototype of the proposed solution with the ability to commercialise in domestic and international markets in the future.

You may have the opportunity to conduct a three-month trial of your concept or solution with the participating challenge agency and/or relevant entity following completion of your project.

Eligibility:

Only applicants that complete a successful feasibility study under the Business Research and Innovation Initiative - RegTech Round will be invited to submit an application for proof of concept funding.

Total Amount Available (AUD):

$8,000,000.00

Estimated Grant Value (AUD):

From $250,000.00 to $1,000,000.00

Instructions for Application Submission:

Eligible applicants will be contacted.

Other Instructions:

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