Open NowBusiness
Accelerating Commercialisation
Australian Government · Australia
Accelerating Commercialisation provided advice and matched grant funding to help businesses, start-ups and researchers take a novel product, process or service to market. The program included a guidance stage with an independent facilitator and a merit-based grant stage for commercialisation projects. The program is now closed.
Funding
$50K – $1M
Deadline
Rolling / Ongoing
Duration
12 months to 2 years
Location
Australia
Who Can Apply
• Have an eligible business structure
• Be a Research Commercialisation Entity or Eligible Partner Entity, or an Australian incorporated trading company
• Be non-tax exempt
• Be registered for the goods and services tax (GST)
• Have turnover or operating expenditure of less than $20 million for each of the last 3 financial years
• Have a project with a novel product, process or service
• Demonstrate scalability and technical feasibility
• Show market acceptance but not have had first sales
• Intend to trade in Australia and/or overseas markets
• Demonstrate ability to rapidly increase trade across multiple markets
• Own, access, or have beneficial use of relevant intellectual property
• Provide evidence of ability to fund at least 50% of eligible project expenditure
• Not be an individual, partnership, unincorporated association, trust (unless via an incorporated trustee), or non-corporate Commonwealth entity
Applicants must have an eligible business structure, or be a Research Commercialisation Entity or Eligible Partner Entity, and have a novel product, process or service project with evidence they can fund at least 50% of eligible project expenditure. The business must be non-tax exempt, registered for GST, and have turnover or operating expenditure of less than $20 million for each of the last 3 financial years. Eligible entities include a company incorporated in Australia and a trading corporation, or a Research Commercialisation Entity or Eligible Partner Entity. Individuals, partnerships, unincorporated associations, trusts (except via an incorporated trustee), and non-corporate Commonwealth entities are not eligible. Projects must be significantly different to previous innovations, demonstrate scalability, technical feasibility, market acceptance without first sales, intent to trade in Australia and/or overseas, ability to rapidly increase trade across multiple markets, and ownership, access to or beneficial use of relevant intellectual property.
What's Funded
Matched funding for commercialisation projects that take a novel product, process or service from prototype toward first commercial sales, including project delivery activities supported by facilitator guidance. Funding does not cover creating the prototype through research and development, scaling products that have already had commercial sales, internally focused innovations, or simple iterations of existing offerings.Expected Outcomes
Commercialisation of a novel product, process or service, readiness for first commercial sales, evidence of market demand, scalable market entry in Australia and/or overseas, and delivery of a structured project over 12 months to 2 years.Key Information
Applicant Types
companyuniversityother
Stage
early_stagegrowth
Funding Purposes
commercialisationinnovationresearch
Keywords
commercialisationinnovationmatched fundingprototypefirst salesnovel productnovel processnovel service
Frequently Asked Questions
1
What is the Accelerating Commercialisation?
The Accelerating Commercialisation is a business grant offered by Australian Government in Australia, providing $50K – $1M in funding. Accelerating Commercialisation provided advice and matched grant funding to help businesses, start-ups and researchers take a novel product, process or service to market. The program included a guidance stage with an independent facilitator and a merit-based grant stage for commercialisation projects. The program is now closed.
2
How much funding does the Accelerating Commercialisation provide?
The Accelerating Commercialisation provides $50K – $1M in funding. The typical project duration is 12 months to 2 years.
3
Who is eligible for the Accelerating Commercialisation?
- Have an eligible business structure
- Be a Research Commercialisation Entity or Eligible Partner Entity, or an Australian incorporated trading company
- Be non-tax exempt
- Be registered for the goods and services tax (GST)
- Have turnover or operating expenditure of less than $20 million for each of the last 3 financial years
- Have a project with a novel product, process or service
- Demonstrate scalability and technical feasibility
- Show market acceptance but not have had first sales
- Intend to trade in Australia and/or overseas markets
- Demonstrate ability to rapidly increase trade across multiple markets
- Own, access, or have beneficial use of relevant intellectual property
- Provide evidence of ability to fund at least 50% of eligible project expenditure
- Not be an individual, partnership, unincorporated association, trust (unless via an incorporated trustee), or non-corporate Commonwealth entity
4
When does the Accelerating Commercialisation close?
Applications close on 9 May 2023. This is a rolling program — new rounds may open.
5
What activities are funded?
Matched funding for commercialisation projects that take a novel product, process or service from prototype toward first commercial sales, including project delivery activities supported by facilitator guidance. Funding does not cover creating the prototype through research and development, scaling products that have already had commercial sales, internally focused innovations, or simple iterations of existing offerings.
6
How do I apply for the Accelerating Commercialisation?
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.
Need help applying?
Beta Docs has helped founders secure $160M+ in competitive grants. Our AI platform drafts compliance-perfect applications — and our expert reviewers make sure you stand out.