At a glance
Provides businesses with access to expert advice and matched funding of up to $1 million to cover eligible commercialisation costs to help them to take novel products, processes and services to market.
Who can apply:
At a minimum, you must have a novel product, process or service you wish to commercialise.
- be a for-profit, registered company operating in Australia
- be a commercialisation office or eligible partner entity, or
- be an individual, partnership or trustee who agrees to form a for-profit company
Other eligibility requirements apply.
Accelerating Commercialisation provides access to expert guidance and grants to help businesses commercialise their novel products, processes and services.
Accelerating Commercialisation offers Commercialisation Guidance, Accelerating Commercialisation Grants and Portfolio Services to successful applicants.
If you’re successful, this support will 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 or Portfolio Services application.
Accelerating Commercialisation Grant
This grant provides projects up to 50% of the expenditure to a maximum of:
- $250,000 for commercialisation offices and eligible partner entities
- $1 million for all other applicants.
Accelerating Commercialisation Grant recipients will also receive Portfolio Services for the duration of the project.
Portfolio Services provides a connection to a range of services that may include:
- guidance from Commercialisation Advisers
- access to the expert network
- access to promotional opportunities.
If you would like to be notified of programme updates, please register your interest.
Applicants must be one of the following to apply:
- a for-profit company registered and operating in Australia
- a commercialisation office or Eligible Partner Entities
- individuals, partnerships or trustees who agree to form a for-profit company.
Applicants must first receive Commercialisation Guidance.
Commercialisation Guidance is available to applicants that:
- have a novel product, process or service they wish to commercialise
- want to trade to customers external to the state or territory of their place of business
- are not named by the Workplace Gender Equality Agency as a non-complying organisation.
After receiving Commercialisation Guidance, to apply for an Accelerating Commercialisation Grant, applicants must meet each of the following:
- have a novel product, process or service they wish to commercialise
- have the ownership, access or beneficial use of the intellectual property to undertake the commercialisation project
- meet the turnover test outlined at Section 5 of the Customer Information Guide
- show they can fund at least 50% of the project expenditure. This may include labour (plus on-costs), contracts, manufacturing plant, pilot and prototype manufacturing expenditure.
For more information on what Accelerating Commercialisation offers and eligibility please refer to the Customer Information Guide.
Merit criteria are not used to access initial Commercialisation Guidance.
Merit criteria apply if you proceed to a grant application. All of the merit criteria, except for “Need for Funding” (Criterion 1), are equally weighted.
- Merit Criterion 1 - Need for Funding
- Merit Criterion 2 - Market Opportunity
- Merit Criterion 3 - Value Proposition
- Merit Criterion 4 - Execution Plan
- Merit Criterion 5 - Management Capability
- Merit Criterion 6 - National Benefits
We assess applications for Accelerating Commercialisation Grants first against criterion 1, and then against criterion 2-6.
For more information on the merit criteria please refer to the Customer Information Guide.
How to apply
The first step requires Applicants to lodge an Accelerating Commercialisation Expression of Interest (EOI) form which can be lodged at any time.
Applicants will be provided with feedback on their Expression of Interest by an AusIndustry Customer Service Manager in the first instance. If appropriate, applicants may then be assigned to a Commercialisation Adviser, or referred to other Government assistance programmes.
The advice and feedback provided to applicants at the EOI stage is intended to help applicants make an informed decision on whether to continue with an application. This is known as Commercialisation Guidance.
You should read the Customer Information Guide thoroughly before submitting an Expression of Interest. You should pay particular attention to what we consider is an eligible commercialisation project and how you will fund your share of the costs of the proposed project.
How we assess applications
Application forms are available upon request from a Commercialisation Adviser, after receiving Commercialisation Guidance.
If you wish to apply for grant funding, you will go through a competitive merit application process. You will need to submit your completed application to us. A sample grant application form is available to view.
Applications for Accelerating Commercialisation Grants that meet eligibility will proceed to a merit assessment. AusIndustry will prepare a report on all eligible applications prior to merit assessment which includes a due diligence report, completed by a Commercialisation Adviser. This report examines the claims you have made against the merit criteria. The Programme Delegate will make the final decision. If your application is successful, you will receive a written offer.
For more information on the assessment process please refer to the Customer Information Guide.
If your application is successful
If your application for an Accelerating Commercialisation Grant is successful you will enter into a funding agreement with the department. The funding agreement will contain the schedule for payments. A sample funding agreement is available to view.
Once the funding agreement is in place, an initial payment is made. Subsequent payments are made following receipt of a complete and satisfactory progress report.
For more information please refer to the Customer Information Guide.
Information sessions are offered to assist you to understand what support/assistance is available under the Accelerating Commercialisation element of the Entrepreneurs’ Programme.
- Customer information guide
- Frequently asked questions
- Sample grant application form
- Sample funding agreement
- Application Mandatory Attachment – Accountant’s Declaration
- Application Mandatory Attachment – Merit Criteria
- Application Mandatory Attachment – Project Summary
- Application Mandatory Attachment – Project budget calculator
- Using the AC online application form
View the list of applicants that have been offered funding under the Accelerating Commercialisation element of the Entrepreneurs' Programme.
Our customer stories profile the aspirations and achievements of the high-potential companies of the Accelerating Commercialisation Portfolio.
Accelerating Commercialisation Director
Meet the Director of Accelerating Commercialisation, Mr Larry Lopez.
Find a Commercialisation Adviser who will assist you through the commercialisation and business building process.
The Accelerating Commercialisation Portfolio is made up of over 200 high-performing companies participating in the Accelerating Commercialisation element of the Entrepreneurs’ Programme.
- provides participating businesses with commercialisation and partnering opportunities within the national and international innovation ecosystem
- is a resource for investors, entrepreneurs, domain experts, supply chains and strategic corporations looking to partner with high-potential, innovative Australian small and medium sized businesses.
Which companies are in the Portfolio?
The Portfolio list includes the business name, web address, project location, market and technology type, and a summary of the funded project.
The Alumni includes former Portfolio companies that have successfully completed their Accelerating Commercialisation project.
The Alumni list provides the details of former successful Portfolio companies and their funded project.
Accelerate information bulletin
Accelerate is a quarterly information bulletin which profiles some of the best performing and highest potential businesses that have received commercialisation support from the Australian Government through the Accelerating Commercialisation element of the Entrepreneurs’ Programme.