The Entrepreneurs’ Infrastructure Program has been developed by the Federal government to drive business growth and competitiveness through support for business improvement and promoting economic growth through research, connections and commercialisation of novel products, processes and services.
Last week, the government released its final grant program within Entrepreneurs’ Infrastructure Program, Accelerating Commercialisation.
The aim of the grant
Accelerating Commercialisation contributes to Entrepreneurs’ Infrastructure Program’s objectives by:
· Accelerating the commercialisation of novel intellectual property in the form of novel products, processes and services.
· Creating new businesses based on novel intellectual property with high growth potential and facilitating greater commercial and economic returns both from public and private research.
· Develop investment to drive business growth and competitiveness.