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Minimum Viable Product NSW


Minimum Viable Product provides technology start-up businesses with funding to help them conduct market research and test their business model with consumers.

Open
Application detail:

Apply at any time.

What do you get?

Funding of up to $25,000.

Who is this for?

NSW technology start-ups.

Overview

Minimum Viable Product (MVP) grants support promising pre-revenue startups to progress from proof of concept to a minimum viable product stage. The grants can help startups to engage with a potential business customer or channel to market and create innovative solutions that address industry needs or market gaps.

Grants of up to $25,000 is available to cover up to 50% of approved project costs.

What are the eligibility criteria?

To be eligible for an MVP grant, a startup business must:

  • have an ABN registered in NSW and be based in NSW
  • have a completed proof of concept
  • be at pre-revenue stage
  • hold IP or the rights to commercialise the end product
  • have a potential business customer or business channel to market to
  • have a scalable solution that can be deployed to multiple customers
  • demonstrate that at least 80% of development costs will occur in NSW
  • demonstrate that matched funding for the project has been secured

How do you apply?

Find out more about eligibility and how to apply at Minimum Viable Product.