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

Accelerating Commercialisation provides expert guidance and support to help you commercialise novel products, processes and services and find a commercialisation solution that is right for you. 

Accelerating Commercialisation includes:

• Commercialisation Guidance – guidance and assistance to develop the commercialisation potential of your novel product, process or service 
• Accelerating Commercialisation Grants – financial assistance to help commercialise your novel product, process and service.

Commercialisation Guidance

When you apply for Commercialisation Guidance, we connect you to an AusIndustry Customer Service Manager or an Accelerating Commercialisation Facilitator. Advice and support provided is tailored to your business situation and the commercialisation potential of your novel product, process or service, and may include:

• initial guidance on commercialisation 
• referral to other government assistance to support your business needs
• feedback if you want to apply for an Accelerating Commercialisation Grant
• more intensive support and guidance to develop your commercialisation strategy

Accelerating Commercialisation Grant

Accelerating Commercialisation Grants provide up to 50% of eligible expenditure to support your commercialisation project. If successful you will receive on-going support from your Facilitator throughout the life of your commercialisation project.

You must receive Commercialisation Guidance before you apply for an Accelerating Commercialisation Grant.

Eligibility criteria for Commercialisation Guidance

To be suitable to receive Commercialisation Guidance you must have a novel product, process or service that you wish to commercialise for trade in Australian and/or overseas markets.

You must also meet the turnover test, which helps us target our advice and support to the businesses that need it most.

Eligibility criteria for Accelerating Commercialisation Grants

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

You must:

• be non-tax exempt
• be registered for GST
• be one of the following entities:
  • a company incorporated in Australia and a trading corporation, where your trading activities:
    • form a sufficiently significant proportion of the corporation’s overall activities as to merit it being described as a trading corporation
    • are a substantial and not merely peripheral activity of the corporation
  • a Research Commercialisation Entity or Eligible Partner Entity as defined in the grant opportunity guidelines

and also:

• be undertaking an eligible project
• have the ownership, access or beneficial use of any intellectual property you need to undertake the commercialisation project
• provide evidence of your ability to fund at least 50 per cent of eligible project expenditure, such as funding strategy and a bank statement or loan agreement. You must also provide an Accountant Declaration that confirms your ability to fund the project
• meet the turnover test

Read the Grant Opportunity Guidelines for more information on the eligibility criteria.

How do you apply for Commercialisation Guidance?

Submit an application for Commercialisation Guidance via the on-line Customer Portal

How do you apply for an Accelerating Commercialisation Grant?

Before you apply for an Accelerating Commercialisation Grant, you must receive Commercialisation Guidance. Commercialisation Guidance will include a recommendation about your suitability for a grant. It is up to you to consider the recommendation and decide whether to proceed with a grant application. Your Customer Service Manager or Facilitator will advise you how to apply.

You can lodge an application for an Accelerating Commercialisation Grant at any time. 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’re proud of the funding we’ve provided to support Australian businesses. Learn about some of our previous customers and how the Entrepreneurs' Programme has helped them.

Strengthening Business is part of the Entrepreneurs’ Programme. It aims to help businesses to:

• improve their growth capabilities and networks
• engage with researchers
• foster innovation
• encourage commercialisation of novel products, processes or services