Commercialisation Australia Proof of Concept support is provided as grants from $50,000 to $250,000 to participants to test the commercial viability of a new product, process or service.

Proof of Concept assistance is awarded through a merit based, competitive process.

Projects that focus on basic research aimed at creating the base intellectual property are not eligible for Proof of Concept assistance through Commercialisation Australia. For example, projects that predominantly consist of early investigation and conceptual development will not receive support.

Government assistance for Research and Development is available through the Government's R&D Tax Incentives. Further information on these initiatives is available on AusIndustry's website.

Typically Proof of Concept projects will be designed to demonstrate relevant functionality and/or capability to entice a customer to purchase and/or an investor to provide funding. The focus must ideally be on triggering or facilitating some form of commercial transaction.

Expenditure must be incurred on eligible project activities after a final Stage 2 Application has been accepted for assessment.

Types of eligible expenditure include:

• Labour;
• Contracting;
• Plant;
• Prototyping; and
• Intellectual property.

The grant funding provided under Proof of Concept assistance needs to be matched 50:50 by the applicant.

More information on the Proof of Concept component is in the Customer Information Guide.

More information on how to apply for Proof of Concept assistance can be found in the Apply section.

 Download a PDF version of the Proof of Concept Fact Sheet [77 Kb]

 Download a RTF version of the Proof of Concept Fact Sheet [9 Mb]