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
- 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
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