Accelerating Commercialisation Grants

The Accelerating Commercialisation program assists small and medium businesses to bring novel new products, processes and services to market. This two-tiered assistance program firstly provides businesses with expert guidance and connections to find the right commercialisation solutions. Secondly, it can also provide up to $1 million in matched financial assistance for eligible activities.

The Accelerating Commercialisation grant is administered by AusIndustry and is part of the Entrepreneurs’ Programme. It is a competitive prospective grant, so Incentive Advisory’s expertise is crucial to ensure your application has the best chance of success.

What does Commercialisation Guidance mean?

A successful applicant will receive expert guidance from experienced business builders who understand the challenges of commercialising intellectual property. These Commercialisation Advisors have been hand-picked to cover a broad spectrum of key sectors, including:

• Biotechnology and life sciences
• Mining technology
• Food and agribusiness
• Information and communications technology
• Design/engineering and advanced manufacturing
• Medical devices
• Ddefence technologies
• IP law

Accelerating Commercialisation Grant

Applicants that have already successfully applied for Commercialisation Guidance, can apply for the Accelerating Commercialisation grant. This grant provides projects up to 50% of the expenditure to a maximum of:

• $250,000 for commercialisation offices and eligible partner entities
• $1 million for all other applicants.

What are the eligibility criteria?

Applicants must be one of the following to apply:

• A for-profit company registered and operating in Australia with turnover less than $20 million
  for each of the 3 years prior to the application
• A commercialisation office or Eligible Partner Entity
• Individuals, partnerships or trustees who agree to form a for-profit company
• Applicants that receive Commercialisation Guidance can apply for an Accelerating Commercialisation Grant in Australia.
• You have a novel product, process or service that you want to commercialise
• You own or have the beneficial use of the intellectual property that you want to commercialise

How to apply:

Contact Incentive Advisory today on 1300 462 238, our Accelerating Commercialisation advisors will navigate you through the eligibility and application process.