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Incubator Support – New and Existing Incubators
Australian Government · Australia
Funding for Australian new and existing incubators to help start-ups develop the capabilities to succeed in international markets. Grants support eligible project costs for incubator services, networks, knowledge and resources, with higher co-funding rates for regional projects.
Funding
$13K – $250K
Duration
up to 2 years
Location
Australia
Who Can Apply
• Must be operating an existing incubator or establishing a new incubator
• Incubator must foster and facilitate the development of innovative start-ups focused on international trade
• Must have an Australian Business Number (ABN)
• Must be one of: an entity incorporated in Australia, an incorporated trustee on behalf of a trust, an incorporated not for profit organisation, a publicly funded research organisation, or a local government agency or body
• Must provide an approval letter from the board or chief executive officer
• Must provide an accountant's declaration for grants over $50,000 to show capacity to fund the applicant share of project costs
• Project must include eligible activities and expenditure
• Project must have eligible project value of at least $26,000 for projects in major cities
• Project must have eligible project value of at least $20,000 for projects in regional areas
• Not eligible if applicant is an individual, partnership or trust
• Not eligible if applicant is a Commonwealth, state or territory government agency or body
Applicants must be operating an existing incubator or establishing a new incubator, and the incubator must foster and facilitate the development of innovative start-ups focused on international trade. Applicants must have an active Australian Business Number and be an entity incorporated in Australia, an incorporated trustee on behalf of a trust, an incorporated not for profit organisation, a publicly funded research organisation, or a local government agency or body. Applicants must provide a board or CEO approval letter, and for grants over $50,000 an accountant's declaration showing they can fund their share of project costs. Projects must include eligible activities and expenditure and have an eligible project value of at least $26,000 in major cities or at least $20,000 in regional areas. Individuals, partnerships, trusts, and Commonwealth, state or territory government agencies or bodies are not eligible.
What's Funded
Eligible activities include expanding mentor networks with national or international expertise, providing or facilitating access to new knowledge such as customer acquisition and business development methods, helping start-ups access international trade resources including technical equipment, and connecting start-ups to new international networks such as investors and customers.Expected Outcomes
Incubators deliver high quality services to innovative start-ups, improve their chances of commercial success in international markets, support regional start-up expansion and scaling, and assist first-generation migrant and refugee founders to establish and grow businesses nationally and internationally.Key Information
Applicant Types
companynon_profitlocal_governmentuniversitytrust
Stage
any
Funding Purposes
innovationexportcommercialisationcommunity
Keywords
incubatorstart-upsinternational marketsinternational tradeinnovationcommercialisationregionalmigrant founders
Frequently Asked Questions
1
What is the Incubator Support – New and Existing Incubators?
The Incubator Support – New and Existing Incubators is a business grant offered by Australian Government in Australia, providing $13K – $250K in funding. Funding for Australian new and existing incubators to help start-ups develop the capabilities to succeed in international markets. Grants support eligible project costs for incubator services, networks, knowledge and resources, with higher co-funding rates for regional projects.
2
How much funding does the Incubator Support – New and Existing Incubators provide?
The Incubator Support – New and Existing Incubators provides $13K – $250K in funding. The typical project duration is up to 2 years.
3
Who is eligible for the Incubator Support – New and Existing Incubators?
- Must be operating an existing incubator or establishing a new incubator
- Incubator must foster and facilitate the development of innovative start-ups focused on international trade
- Must have an Australian Business Number (ABN)
- Must be one of: an entity incorporated in Australia, an incorporated trustee on behalf of a trust, an incorporated not for profit organisation, a publicly funded research organisation, or a local government agency or body
- Must provide an approval letter from the board or chief executive officer
- Must provide an accountant's declaration for grants over $50,000 to show capacity to fund the applicant share of project costs
- Project must include eligible activities and expenditure
- Project must have eligible project value of at least $26,000 for projects in major cities
- Project must have eligible project value of at least $20,000 for projects in regional areas
- Not eligible if applicant is an individual, partnership or trust
- Not eligible if applicant is a Commonwealth, state or territory government agency or body
4
What activities are funded?
Eligible activities include expanding mentor networks with national or international expertise, providing or facilitating access to new knowledge such as customer acquisition and business development methods, helping start-ups access international trade resources including technical equipment, and connecting start-ups to new international networks such as investors and customers.
5
How do I apply for the Incubator Support – New and Existing Incubators?
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?
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