GO6632: Industry Growth Program: Early-Stage Commercialisation
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.
To be eligible applicants must:
- have an Australian Business Number (ABN)
- be non-income-tax-exempt
- be registered for GST
- be either a company incorporated in Australia, a co-operative, or an incorporated trustee applying on behalf of a trust (applicable entity types listed in guidelines)
- have a combined annual turnover of less than $20,000,000 for each of the three financial years prior to application lodgement
- have received a report through the Industry Growth Program Advisory Service
- own or have access to the Intellectual Property required for the project and own or have the exclusive right to commercialise any IP generated
- and provide evidence of ability to fund at least their share of eligible project expenditure (eg funding strategy and bank statement or loan agreement) and an accountant declaration confirming financial sustainability and ability to meet project costs
Projects must have at least $100,000 in eligible expenditure, be aimed at bringing an innovative product/process/service to national and/or international markets and be aimed at early-stage commercialisation outcomes.
Projects must be completed within 6 to 24 months (maximum 2 years).
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Last updated: 11 February 2026