Early Stage Commercialisation support will provide funding for activities that develop a new product, process or service to the stage where it can be taken to market.
Repayable grants from $250,000 to $2 million are available to successful applicants.
Expenditure must be incurred on eligible project activities after an application has been accepted to be considered eligible.
Types of eligible expenditure are:
- Labour expenditure
- Contract expenditure
- Plant expenditure
- Prototype expenditure
- Intellectual property protection expenditure
This expenditure can be incurred for a range of activities including, but not limited to:
- product development
- testing and documentation
- tooling-up for full scale production
- market validation
- execution of IP strategy
Detailed information on the terms and conditions of the Early Stage Commercialisation Repayable Grant is located in the Customer Information Guide.
Successful Early Stage Commercialisation applicants will be assigned a Case Manager to assist them through the commercialisation process and facilitate access to Volunteer Business Mentors.
Applications for the Early Stage Commercialisation component will be assessed through a competitive, merit based selection process. More information can be found in the Apply section.
Download a PDF version of the Early Stage Commercialisation Fact Sheet [77 Kb]
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