Expert advice and funding on how to take your innovation to market

Accelerating Commercialisation provides you expert guidance to help find a commercialisation solution that is right for you. Matched funding is also available to support your commercialisation activities.

The first step is to submit an Expression of Interest (EOI) form for Commercialisation Guidance. If you receive guidance, your adviser may recommend that you apply for an Accelerating Commercialisation Grant.

Commercialisation Guidance

When you apply for guidance, we connect you to an AusIndustry Customer Service Manager or a Commercialisation Adviser.

The Commercialisation Adviser will:

• offer initial guidance on the commercialisation project or strategy
• provide feedback if you want to progress to a grant

Accelerating Commercialisation Grant

This grant gives you additional advice and funding to support your eligible commercialisation project.

Successful applicants also receive Portfolio Services for the term of the project. Participants in the Portfolio connect to a range of services that may include:

• guidance from Commercialisation Advisers
• access to an expert network
• access to promotional opportunities through the Accelerating Commercialisation program

What are the eligibility criteria?

To get Commercialisation Guidance you must:

• have a novel product, process or service you want to commercialise
• seek opportunities to trade in different states or territories to your place of business
• not appear on the Workplace Gender Equality Agency list of non-complying organisations

To apply for an Accelerating Commercialisation Grant you must have received Commercialisation Guidance.

Then you must be one of the following:

• a for-profit company registered and operating in Australia
• a Commercialisation Office or Eligible Partner Entity
• an individual, partnership or trustee who agrees to form a for-profit company

You must also:

• be undertaking an eligible project
• own or have access or beneficial use of any intellectual property required for the project
• meet the turnover test
• evidence that you can fund at least 50% of the project costs
• provide enough information to undertake a merit assessment

Read the Customer Information Guide for more information on the eligibility criteria.

Read the Customer Information Guide to understand what is an eligible project and if you can fund your share of the costs of the proposed project.

How do you apply?

Applying for Accelerating Commercialisation is a two-step process.

1. Submit an Expression of Interest (EOI)

Complete the online EOI form for Commercialisation Guidance. You will get a receipt number when you submit your online form.

As part of the Commercialisation Guidance you will find out if you can proceed to a grant application.

2. Submit a grant application

You will receive a grant application form after your Commercialisation Guidance if your project is suitable. You can lodge an application at any time.

You will need to submit your completed application to us. We consider applications in 6 to 8 week cycles. The whole application process can take at least 3 and up to 6 months to complete.

We are proud of the funding we have provided to support great Aussie ingenuity. You can read about the Accelerating Commercialisation program has helped Australian businesses commercialise their novel product, process or service.