Fuel Your Innovation with the Industry Growth Program

Fuel Your Innovation with the Industry Growth Program

Are you an innovative small or medium enterprise (SME) with a burning ambition to grow? Do you have a game-changing product, process, or service that aligns with Australia’s key industries? The Industry Growth Program is here to help you take your business to the next level!

This government initiative provides tailored advice, expert mentorship, and generous grant funding to fuel the growth of innovative small and medium enterprises like yours.

What’s in it for you?

  • Expert Guidance: You’ll be paired with an Industry Growth Program Advisor, a seasoned business expert who understands your challenges and can provide personalized advice on commercialization, growth strategies, funding options, and more.
  • Matched Grant Funding: Transform your ideas into reality with grants ranging from $50,000 to $5 million to support early-stage commercialization and full-fledged growth projects.

Who is eligible?

If you are an innovative SME with a new, unique, or significantly improved product, process, or service in one of the National Reconstruction Fund’s priority areas, you may be eligible.

These areas include:

  • Renewables and low emissions technologies
  • Medical science
  • Transport
  • Value-add in agriculture, forestry, and fisheries
  • Value-add in resources
  • Defence capability
  • Enabling capabilities
Innovation

Under the program,

an innovative product, process or service…

  • Is new, unique or significantly different to any other previous product, process or service in the market or industry where the product is intended to be sold/traded; OR
  • Involves significant enhancements or developments of current products, processes or services that will enable the business to scale and transform.

Ready to apply?

Head over to the Industry Growth Program website to learn more about the eligibility criteria and application process.

You can apply at any time, so don’t wait!

Take the first step towards unlocking your business’s full potential today!

Additional Resources

Source: Tailored Accounts

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