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Grants for SMBs to find innovative solutions for government problems 

The NSW Small Business Innovation & Research (SBIR) program is a $24 million initiative of the NSW Government that provides competitive grants to small and medium-sized enterprises (SMEs) to find and commercialise innovative solutions to well-defined problems for NSW Government agencies.

The 2021 SBIR program will provide up to $12 million in grants to NSW SMEs to solve the five NSW Government challenges listed below.

A further $12 million will be made available for the 2022 round.

The establishment of the SBIR program was recommended as a Priority Action of the Turning ideas into jobs: Accelerating research & development in NSW Action Plan. The program is modelled on similar successful Australian and international examples.

The SBIR program is designed to:

  • Leverage the capacity of NSW SMEs and R&D to solve important problems for the NSW Government
  • Drive jobs and industry growth and support the development of innovative products and services in NSW.

The benefits of the SBIR program for NSW SMEs include:

  • Up to $1.1 million in grant funding to develop and commercialise a new technology or service
  • Working with the NSW Government to pilot and test solutions
  • Potential NSW Government contracts for successful solutions
  • Retaining intellectual property rights and the right to commercialise and sell solutions in domestic and global markets.

View the SBIR program one-page information sheet

The SBIR program is managed by R&D NSW within Investment NSW, with the support of other NSW Government agencies.

The SBIR program has three phases:

Phase 1 – Feasibility study: An SME submits a proposal to solve one of the five SBIR program challenges. The proposals are assessed, with each successful applicant receiving a grant of up to $100,000 to conduct a feasibility study over a period of three months.

Phase 2 – Proof of concept: Successful feasibility study grantees are invited to apply for the proof-of-concept phase. Applications are assessed and each successful proof-of-concept grantee will receive up to $1,000,000 to develop a proof of concept over a period of up to 15 months.

Phase 3 – Procurement: NSW Government agencies will consider purchasing successful solutions.

Not all SME applications will proceed through all phases.

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RECEIVE GOVT GRANT OF $10K to $250K*.

Austrade Approved Business Events
AVAILABLE NOW APPLY BEFORE 30th MARCH 2021 (Condition apply)

  • ABF Events are approved and listed below have been certified by Austrade on the Schedule of Approved Business Events.
  • This allows exhibitors, sponsors, delegates and partners to participate in the Business Events Grant Program. Note event bookings need to be confirmed ASAP to participate in the grant program
  • The program provides 50% rebate (based on a minimum spend of $20k) for approved items including ABF event-media packages, exhibition stands, corporate function tables, delegate registrations.
  • Govt Grant applications are now open until the 30 March. Please contact ABF to discuss how we can assist, we have experts to assist grant applications.
  • Grant funding will cover up to 50% of eligible expenditure incurred in participating at pre-approved business-to-business events as buyers or sellers during the 2021 calendar year.  All grant applications must be submitted for approval via the following link: https://business.gov.au/grants-and-programs/business-events-grants
  • For further information please see this fact sheet.