Business Research and Innovation Initiative (BRII) – Priority Sectors Round

Overview

The Business Research and Innovation Initiative occurs in 3 stages. Stage 1 - challenge selection The Minister for Industry, Science and Technology approved the following 5 challenges for the Priority Sectors Round: Revolutionising agricultural spray applications Turning farm crops into a renewable hydrogen source Turning office trash into energy treasure Counting fish using advanced technologies Automating the detection of whales at sea Stage 2 - feasibility study We ask for applications from eligible entities to undertake a feasibility study that responds to one of the current key government challenges. The maximum grant for each feasibility study is $100,000 with a maximum period of 3 months. Each round has $2 million available for all feasibility studies. Stage 3 - proof of concept If your study shows that your idea is feasible, you can apply to develop a proof of concept. Only applicants who complete feasibility studies can apply for proof of concept funding. The maximum grant amount is $1 million with a maximum period of 18 months. For each round there is $10 million available for all proof of concepts.