Accelerating Commercialisation
Expert advice and funding on how to take your innovation to market
Accelerating Commercialisation provides small and medium businesses, entrepreneurs and researchers with access to expert advice and funding to help get a novel product, process or service to market.
Application detail
You can submit an expression of interest for Commercialisation Guidance at any time. After receiving guidance, you may be eligible to apply for an Accelerating Commercialisation Grant.
What do you get?
- Expert advice and guidance
- Up to $250,000 of matched project funding for Commercialisation Offices and Eligible Partner Entities
- Up to $1 million of matched project funding for all other eligible applicants
Who is this for?
Australian entrepreneurs, researchers, inventors, start-ups, Commercialisation Offices and small and medium enterprises who have a novel product, process or service they want to commercialise.
What are the eligibility criteria?
To get Commercialisation Guidance you must:
- have a novel product, process or service you want to commercialise
- seek opportunities to trade in different states or territories to your place of business
- not appear on the Workplace Gender Equality Agency list of non-complying organisations
To apply for an Accelerating Commercialisation Grant you must have received Commercialisation Guidance.
Then you must be one of the following:
- a for-profit company registered and operating in Australia
- a Commercialisation Office or Eligible Partner Entity
- an individual, partnership or trustee who agrees to form a for-profit company
You must also:
- be undertaking an eligible project
- own or have access or beneficial use of any intellectual property required for the project
- meet the turnover test
- evidence that you can fund at least 50% of the project costs
- provide enough information to undertake a merit assessment
Applying
Read the Customer Information Guide on the website to understand what is an eligible project and if you can fund your share of the costs of the proposed project.
How to apply
Applying for Accelerating Commercialisation is a two-step process.
- Submit an Expression of Interest (EOI)
- Submit a grant application