Australian Industry Services.

Specialist incentive consulting for small to medium enterprises

Call us on 1800 606 812

Commercial Ready Grants

Commercial Ready is a competitive, merit-based program which supports innovation and its commercialisation.

Commercial Ready is designed to increase Australia's sustainable economic growth by stimulating innovation in Australian small and medium sized businesses.

Commercial Ready provides grants from $50,000 up to a limit of $5 million for projects of up to three years in duration.

Companies can apply for funding to meet up-to-half the costs of eligible expenditure incurred in developing a new product, process or service involving any one or more of research and development, proof-of-concept, and early-stage commercialisation activities.

To be eligible for Commercial Ready a company must:

• be a non-tax exempt company incorporated under the Corporations Act 2001
• be able to demonstrate that it will match the amount of the grant from non-government and other approved sources on a dollar-for-dollar basis over the life of the project
• be able to demonstrate that it has access to, or the beneficial use of, any intellectual property necessary to carry out and/or commercialise the proposed project.

In addition, a company's project must be eligible for the program - contact us via our main site to find out more...