Get advice and funding to take your novel idea to market
Provides tailored commercialisation guidance and merit‑based matched grants to help businesses, start-ups and research organisations take a novel product, process or service from prototype to first commercial sales and scale into domestic and global markets.
The program pairs applicants with an independent facilitator who develops a commercialisation plan and supports the applicant to apply for matched grant funding.
You can apply if you:
- have an eligible business structure
- are a Research Commercialisation Entity or Eligible Partner Entity
- have a project with a novel product, process or service
- and have evidence of your ability to fund at least 50% of eligible project expenditure
Business structure requirements:
- annual turnover of less than $20 million for the last 3 financial years combined
- be non‑tax exempt
- be registered for GST
Eligible entity types: a company incorporated in Australia and a trading corporation, or a Research Commercialisation Entity or Eligible Partner Entity.
If a company, trading activities must form a sufficiently significant proportion of the corporation’s overall activities and be substantial (not merely peripheral).
Your business must have turnover or operating expenditure of less than $20 million for each of the last 3 financial years (for Research Commercialisation Entities/Eligible Partner Entities this turnover must be in isolation of less than $20 million for each of the 3 prior financial years).
Project requirements:
- a novel product, process or service significantly different to previous innovation
- demonstrate scalability (one‑to‑many if service), technical feasibility with R&D for a working prototype, market acceptance but not had first sales, intent to trade in Australia and/or overseas, ability to rapidly increase trade and make sales across multiple markets, and ownership/access/beneficial use of any relevant IP
Get a personalised eligibility check — your match score, which criteria you meet, and what to watch out for.
Free to search · No credit card required
Last updated: 12 February 2026