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Commercialisation Australia
Commercialisation Australia will begin operating early in 2010. Commercialisation Australia is a merit based, competitive assistance program that helps talented researchers, individuals and innovative companies commercialise their ideas.
The following assistance is available:
Skills and Knowledge - up to $50,000 to access specialist advice and services
Experienced Executives - funding of up to $200,000 over two years (up to $100,000 per year) to engage an experienced Chief Executive Officer or other executives
Proof of Concept - grants between $50,000 and $250,000 to assist with testing the commercial viability of the business model for a product, process or service
Early Stage Commercialisation - repayable grants from $250,000 to $2 million to undertake activities focusing on enabling a new product, process or service to be developed to the stage where it can be taken to market.
The following assistance is available:
Skills and Knowledge - up to $50,000 to access specialist advice and services
Experienced Executives - funding of up to $200,000 over two years (up to $100,000 per year) to engage an experienced Chief Executive Officer or other executives
Proof of Concept - grants between $50,000 and $250,000 to assist with testing the commercial viability of the business model for a product, process or service
Early Stage Commercialisation - repayable grants from $250,000 to $2 million to undertake activities focusing on enabling a new product, process or service to be developed to the stage where it can be taken to market.
