Grants of up to $50,000 on an 80% grant basis are available for businesses with turnovers under $10 million to upgrade the skills, knowledge and connections required to commercialise new ideas.
The funding must be used to obtain expert advice and services to assist in the commercialisation process. This program is aimed at assisting people new to commercialisation including:-
- researchers;
- entrepreneurs; and
- small companies;
who know their idea has commercial potential but don’t know what to do next.
Examples of expert advice and services include:-
Each successful applicant will be assigned a private enterprise Case Manager who will assist in the company’s commercialisation process.
If you would like further information on Commercialisation Australia Skills and Knowledge – Specialist Advice and Services, please contact us.
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Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
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