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Industry Growth Program - Commercialisation and Growth

Department of Industry, Science and Resources · Australia

Matched funding to help innovative Australian SMEs commercialise and scale an innovative product/process/service from prototyping through to market readiness (often aligned to TRL4–TRL9), including market entry strategies, accelerating growth, and scaling into national/international markets. Applicants must have received an Industry Growth Program Advisory Service report (IGPAS/Advisory Service) before applying.

Funding

$100K – $5M

Deadline

Rolling / Ongoing

Duration

12-24 months

Location

Australia

Who Can Apply

Prerequisite: Advisory Service report required before applying; Matched funding: grant up to 50% of eligible expenditure (cash co-contribution required); Funding range $100k–$5m; Project period typically 12–24 months
  • Must have an Australian Business Number (ABN).
  • Must be non-income-tax-exempt.
  • Must be registered for GST.
  • Must be one of: company incorporated in Australia; co-operative; incorporated trustee applying on behalf of a trust.
  • Must have combined annual turnover < $20m for each of the 3 financial years prior to application.
  • Must have received a report through the program’s Advisory Service.
  • Must own or have access to required IP and have the exclusive right to commercialise IP generated.
  • Must provide evidence you can fund at least your share (grant covers up to 50% of eligible expenditure; contributions must be cash) and provide an accountant declaration.
  • Not eligible if (examples): individual/partnership/unincorporated association; government body; non-corporate Commonwealth entity; certain National Redress Scheme exclusions; (and) if an employer of 100+ employees that has not complied with the Workplace Gender Equality Act 2012.

What's Funded

Market Entry StrategyGrowth StrategyScale Up PlanningCommercialisation ExecutionNational International Expansion Preparation

Expected Outcomes

Improved Commercialisation CapabilityImproved Growth CapabilitySuccessful ScalingMarket ReadinessNational Or International Market Entry

Free Eligibility Check

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Key Information

Applicant Types

australian_companyco-operativeincorporated_trustee_for_trustinnovative_SMEstartup

Stage

prototype_to_market_readinessscale_upgrowth_stage

Funding Purposes

commercialisationscale_upmarket_entrygrowth_acceleration

Keywords

Industry Growth ProgramCommercialisation and Growthmatched fundingscale-upmarket entryNRF priority areasSMEstartup

Frequently Asked Questions

1

What is the Industry Growth Program - Commercialisation and Growth?

The Industry Growth Program - Commercialisation and Growth is a business grant offered by Department of Industry, Science and Resources in Australia, providing $100K – $5M in funding. Matched funding to help innovative Australian SMEs commercialise and scale an innovative product/process/service from prototyping through to market readiness (often aligned to TRL4–TRL9), including market entry strategies, accelerating growth, and scaling into national/international markets. Applicants must have received an Industry Growth Program Advisory Service report (IGPAS/Advisory Service) before applying.
2

How much funding does the Industry Growth Program - Commercialisation and Growth provide?

The Industry Growth Program - Commercialisation and Growth provides $100K – $5M in funding. The typical project duration is 12-24 months.
3

Who is eligible for the Industry Growth Program - Commercialisation and Growth?

Prerequisite: Advisory Service report required before applying; Matched funding: grant up to 50% of eligible expenditure (cash co-contribution required); Funding range $100k–$5m; Project period typically 12–24 months
4

What activities are funded?

Market Entry StrategyGrowth StrategyScale Up PlanningCommercialisation ExecutionNational International Expansion Preparation
5

How do I apply for the Industry Growth Program - Commercialisation and Growth?

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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