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Starting up a business can be tough. Growing that business can sometimes be even tougher. State and Federal Governments offer a multitude of grants for business owners, or people trying to launch start-up companies. The problem is, often we don't know to look! This month we're highlighting some of the best business grants Australia has to offer.
The Accelerating Commercialisation program provides funding of up to $1 million for eligible businesses, to subsidise the cost of bringing a novel product or service to market. The program additionally provides businesses with the advice they require to launch their product or service, or assist with the development of the product or strategy. The program also includes portfolio services, featuring advice from Commercialisation Advisers, and access to promotional and networking opportunities.
In order to apply, a business must be at least one of the following:
The first step in the process will be to receive Commercialisation Guidance, and from there their eligibility will be assessed, and must:
To apply, a business must first file an expression of interest form. The applicant will then be contacted by an AusIndustry Customer Service Manager, and will then be put into contact with an Adviser or referred to another program, depending on the outcome. If your business is eligible to receive an adviser, and you have been through the guidance process, you may be eligible to apply for a grant.
The grant application is a competitive process that assesses each application based on merit, and will feature a report from your assigned adviser. If your application is successful, you will then receive an offer for the grant which you can then accept.
The process for the Accelerating Commercialisation program is long and involved, and only the best applicants will receive an offer for a grant. For more information, read the Accelerating Commercialisation Customer Information Guide, or register for an information session.
Beyond Debt is a trading name of DCS Group Aust Pty Ltd. Australian Credit License: 382607. RDAA Number: 1126. PO Box 3074 Newstead, QLD, 4006.
DCS Group operates under a Limited Liability scheme approved under Professional Standards Legislation
