Entrepreneurs' Programme - Incubator Support Initiative

Overview

The Incubator Support initiative assists New and Existing Incubators to: improve the prospects of Australian start-ups achieving commercial success in international markets assist Australian start-ups by delivering a range of activities to develop the capabilities required to realise their economic potential in international markets faster than they otherwise would; and develop Australia’s innovation ecosystem including in Australian regions. The initiative provides funding through two components, both of which require matched funding from applicants. The grant amount will be up to 50% of the total project value. The first is support for New and Existing Incubators: to help develop new Incubators in regions or sectors with high potential for success in international trade, and to boost the effectiveness of high performing Incubators, including funding support to expand their services and/or develop the innovation ecosystem. Grant amounts must be between $10,000 and $500,000. The maximum grant period is 24 months. The second is support for Expert-in-Residence: to organise and provide access to top quality research, managerial and technical talent through secondments of national or international expert advisers who will improve the chance of commercial success for start-ups in international markets. Grant amounts must be between $1,000 and $25,000. The maximum grant period is 12 months.