Have a great idea but not sure how to turn it into a profitable product? The Australian Government’s new Industry Growth Program is here to help. Supporting start-ups and innovative small-to-medium businesses to commercialise and grow their ideas.
What is the Industry Growth Program?
The Industry Growth program supports start-ups and innovative small-to-medium enterprises (SMEs) to undertake commercialisation or growth projects within the National Reconstruction Fund priority areas.
Stage 1 of the program allows SMEs to receive advice from industry experts on:
- commercialisation and growth strategies
- funding avenues
- market testing
- business models
- building networks.
Stage 2 of the program will provide matched grant funding for SMEs who are operating in priority areas identified under National Reconstruction Fund.