๐๐ก๐๐ญ ๐ข๐ฌ ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ ๐ซ๐๐ฆ?
The Industry Growth Program (IGP) offers grants ranging from $50,000 to $5 million to help Australian SMEs commercialise new products, scale operations, and drive growth in key sectors such as renewables and medical science.
๐๐๐๐ค๐ ๐ซ๐จ๐ฎ๐ง๐
The IGP supports small and medium-sized enterprises (SMEs) in Australia by enhancing their capacity to innovate, bring new products to market, and grow their businesses. This initiative aligns with the priority sectors of the National Reconstruction Fund (NRF), which include advanced manufacturing, renewables, and medical technologies.
๐๐๐ฃ๐๐๐ญ๐ข๐ฏ๐๐ฌ
Increase the innovative capabilities of Australian SMEs in priority sectors.
Support the commercialisation of cutting-edge products and technologies.
Foster scalability and business growth through the adoption of advanced processes and technologies.
Strengthen Australia's economy by bolstering critical sectors like renewable energy and medical science.
๐๐จ๐ซ๐ ๐๐ฅ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐๐ฏ๐ข๐ฌ๐จ๐ซ๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐
SMEs receive tailored guidance from experienced advisers on how to commercialise new products and manage intellectual property.
๐๐ฅ๐ข๐ ๐ข๐๐ฅ๐ ๐๐ง๐ญ๐ข๐ญ๐ข๐๐ฌ
To qualify, businesses must:
- Have an ABN and be registered for GST.
- Be non-income-tax-exempt.
- Have a turnover below $20 million in the last three financial years.
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๐ฎ๐ง๐๐ข๐ง๐
Grants are available between $50,000 and $5 million, with matched funding on a 1:1 basis, supporting activities like prototype development, market entry, and scaling production.
๐๐ข๐ฆ๐ข๐ง๐
Applications for the IGP are open year-round, allowing continuous opportunities for businesses to apply when ready.
๐๐ข๐ฌ๐๐ฅ๐๐ข๐ฆ๐๐ซ
Information provided by Bulletpoint, Australiaโs #1 government grant consultant. Bulletpoint is not affiliated with the management of the fund.
Company Details
- Employees
- 1
- Founded
- -
- Industry
- Information Services
- NAICS
-
Other Information ServicesNews SyndicatesAll Other Information Services
Industry Growth Program Questions
Industry Growth Program's website is https://www.bulletpoint.com.au/industry-growth-program/
Industry Growth Program's LinkedIn profile is https://www.linkedin.com/company/industry-growth-program
Industry Growth Program has
1 employees.
View email and phone details for 1
employees at Industry Growth Program.
Industry Growth Program's industry is
Information Services
Industry Growth Program's top competitors are
Vicnotill,
Brandsec,
Translational Research Institute Australia,
Grantsmart,
Hirano Tecseed Co Ltd,
Pod Active Pty Ltd,
Ed Husic Mp,
Jasbem Projects Pty Ltd,
Srxglobal,
Biocifer Pty Ltd.
Industry Growth Program's categories are Information Services
Industry Growth Program's founding year is 2023
