The Australian Government has launched an exciting opportunity for small and medium enterprises (SMEs) – the Industry Growth Program. This program is specifically designed to support commercialising and growing businesses, particularly those within the National Reconstruction Fund’s priority areas. These areas include value-add in resources, medical science, renewables, and more. An innovative project under this program is defined as something significantly different or a substantial enhancement over existing products, services, or processes. It should ideally be a project that helps your business scale and transform.
Advisory Service
Participating businesses get connected to an Industry Growth Program Adviser. These advisers provide tailored advice to support your commercialisation and growth projects.
Early-Stage Commercialisation
Grants ranging from $50,000 to $250,000 are available to support early-stage commercialisation projects.
Commercialisation and Growth Projects
For more mature projects, grants from $100,000 to $5 million are offered. These grants will open in 2024.
How to Apply?
Read the Industry Growth Program Information Guide, understand the process, and apply through the online portal.
