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
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
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
To be eligible you must:
- have an Australian business number (ABN)
- have a turnover of less than $20 million for each of the last three
years including any related bodies corporate, OR, if the entitiy is
controlled by an Australian university or public sector research
organisation, have an individual turnover of less than $20 Million for
the last three years.
and be one of the following entities:
- an entity, incorporated in Australia
- an incorporated trustee on behalf of a trust
- an individual or partnership, provided you agree to form a company incorporated in Australia to enter into a grant agreement.
Joint applications are acceptable, provided you have a lead organisation who is the main driver of the project and is eligible to
Applications close 10 September 2020 at 5pm.