ClosedBusiness
Innovation Connections
Australian Government · Australia
Innovation Connections provided advice and matched funding to help eligible businesses undertake research projects with commercial potential. It supported facilitator-led project planning and reimbursed up to 50% of eligible researcher placement costs. This program is closed.
Funding
$30K – $50K
Closed
9 May 2023
Location
Australia
Who Can Apply
• Have an Australian Business Number (ABN)
• Be registered for goods and services tax (GST)
• Be a company incorporated in Australia, or an incorporated trustee applying on behalf of a trust
• Operate in, or support, one of Australia's growth sectors
• Intend and have the opportunity to engage in, contribute to or increase trade in Australian and/or international markets
• Have operated in Australia and filed business activity statements showing ongoing trading in at least 3 consecutive years
• Have annual turnover or operating expenditure in one of the last 3 financial years between $1500000 and $100000000, or between $750000 and $100000000 if located in remote or northern Australia
• Not be an individual, partnership, unincorporated trust, or government body
• Grant applications required a facilitator recommendation
Applicants could apply for facilitation if their business had an eligible business structure and operated in, or supported, one of Australia's growth sectors. The business had to have an Australian Business Number, be registered for GST, and be a company incorporated in Australia or an incorporated trustee applying on behalf of a trust. It also had to intend and have the opportunity to engage in, contribute to or increase trade in Australian and/or international markets, have operated in Australia and filed business activity statements showing ongoing trading in at least 3 consecutive years, and have annual turnover or operating expenditure in one of the last 3 financial years between $1.5 million and $100 million, or between $750,000 and $100 million if located in remote or northern Australia. Individuals, partnerships, trusts without an incorporated trustee, and government bodies were not eligible. Eligible sectors included advanced manufacturing, food and agribusiness, medical technologies and pharmaceuticals, mining equipment, technology and services, and oil, gas and energy resources, as well as certain direct commercial support services to those sectors.
What's Funded
Facilitation to develop an Innovation Connections Roadmap, researcher placements within a business, placements of business researchers in a Publicly Funded Research Organisation, and graduate or postgraduate researcher placements collaborating with a Publicly Funded Research Organisation.Expected Outcomes
Research projects underway in businesses, stronger collaboration with research institutions, access to research infrastructure and STEM expertise, and development or implementation of ideas with commercial potential.Key Information
Applicant Types
companytrust
Stage
established
Funding Purposes
researchinnovationcommercialisation
Keywords
Innovation ConnectionsEntrepreneurs' Programmeresearch collaborationresearcher placementcommercial potentialgrowth sectorsCSIROadvanced manufacturing
Frequently Asked Questions
1
What is the Innovation Connections?
The Innovation Connections is a business grant offered by Australian Government in Australia, providing $30K – $50K in funding. Innovation Connections provided advice and matched funding to help eligible businesses undertake research projects with commercial potential. It supported facilitator-led project planning and reimbursed up to 50% of eligible researcher placement costs. This program is closed.
2
How much funding does the Innovation Connections provide?
The Innovation Connections provides $30K – $50K in funding.
3
Who is eligible for the Innovation Connections?
- Have an Australian Business Number (ABN)
- Be registered for goods and services tax (GST)
- Be a company incorporated in Australia, or an incorporated trustee applying on behalf of a trust
- Operate in, or support, one of Australia's growth sectors
- Intend and have the opportunity to engage in, contribute to or increase trade in Australian and/or international markets
- Have operated in Australia and filed business activity statements showing ongoing trading in at least 3 consecutive years
- Have annual turnover or operating expenditure in one of the last 3 financial years between $1500000 and $100000000, or between $750000 and $100000000 if located in remote or northern Australia
- Not be an individual, partnership, unincorporated trust, or government body
- Grant applications required a facilitator recommendation
4
When does the Innovation Connections close?
Applications closed on 9 May 2023.
5
What activities are funded?
Facilitation to develop an Innovation Connections Roadmap, researcher placements within a business, placements of business researchers in a Publicly Funded Research Organisation, and graduate or postgraduate researcher placements collaborating with a Publicly Funded Research Organisation.
6
How do I apply for the Innovation Connections?
Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.
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