Industry Growth Program

Description

Industry Growth Program The Industry Growth Program provides substantial funding and support to help innovative startups and SMEs commercialise their projects and scale operations. What you get Funding of up to $5 million, which can be used for: -Commercialisation activities - Scaling operations - Market expansion efforts

Eligibility

SMEs who have an innovative commercialisation and/or growth project that will help build manufacturing capability in one or more of the government's priority areas for the NRF: -value-add in resources -value-add in agriculture, forestry and fisheries transport - medical science - renewables and low emissions technologies -defence capability -enabling capabilities. Minor changes or improvements to existing products or services are not considered innovative. These are generally considered business as usual growth and not eligible under the program.

Location

Australia wide

Amount

Up to 5 million AUD

Deadline

Rolling basis

Decision Support

High signal

Federal matched grants (up to $5M) plus advisory support for Australian SMEs to commercialise and scale innovative products/services aligned with priority sectors.

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