Launched by the Department of Industry, Science and Resources, the objective of the early-stage commercialisation grants is to help businesses to undertake the steps necessary to establish the commercialise viability of an innovative product, process or service, including steps to undertake feasibility and proof-of-concept through to prototyping.
These Early-Stage Commercialisation grants can be used to undertake projects and business activities that progress a business toward the following outcomes:
- improve the commercialisation capabilities of participating businesses
- further develop innovative products, processes or services in preparation for commercialisation (e.g. prototypes, early testing)
- improve capability to seek and attract investment for the participating business.
SME’s can apply for grants of $50,000 to $250,000 to support early-stage commercialisation projects.
Eligibility and instructions on how to apply can be found on the Australian Government’s Grant Connect website.
Please contact the team at MGI if you have any questions or require further information.
