Business Research and Innovation Initiative (BRII) – Regulatory Technology Round
Help us solve government challenges
Last Updated: 15 April 2021
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Business Research and Innovation Initiative (BRII) – Regulatory Technology Round
In this round of the Business Research and Innovation Initiative, we detail 4 challenges that government currently faces in policy and service delivery areas. The grant gives you the opportunity to solve these challenges using innovative approaches.
This round focuses on regulatory technology (RegTech) which uses digital technologies to streamline or enhance compliance for businesses or individuals, and administration for government.
What do you get?
Grants from $50,000 to $100,000 for regulatory technology project feasibility studies. If your feasibility study is successful, you may receive up to $1 million to develop a proof of concept.
Who is this for?
Small to medium enterprises with a regulatory technology project.
Overview
Open all
button toggle all accordionsStage 1 - challenge selection
Stage 2 - feasibility study
Stage 3 - proof of concept
Eligibility
What are the eligibility criteria?
To be eligible you must:
- have an Australian business number (ABN)
and be one of the following entities:
- an entity, incorporated in Australia
- an individual or partnership, provided you agree to form a company incorporated in Australia to enter into a grant agreement.
We can only accept applications where:
- you have a combined annual turnover of less than $20 million for each of the 3 financial years prior to the lodgement of the application
- you provide all mandatory attachments.
Joint applications are acceptable, provided you have a lead organisation who is the main driver of the project and is eligible to apply.
If you are controlled by a Publicly Funded Research Organisation, including university spinoffs with at least 40% university ownership, you must have annual turnover in isolation of less than $20 million for each of the 3 financial years prior to lodgement of the application.
Not eligible
Applying
How do you apply?
You should read the grant opportunity guidelines and sample grant agreement before you apply.
To apply, you must submit your application through the online portal. You’ll need to set up an account when you first log into the portal. The portal allows you to apply for and manage a grant or service in a secure online environment.
Apply now for Business Research and Innovation Initiative – Regulatory Technology Round
Before you apply, make sure you:
- read the guidelines
- read the sample agreement
Open all
button toggle all accordionsWhat are the assessment criteria?
How do we assess your application?
What happens next?
Fact sheets
Check our resources to learn more about the program and the challenges.
Using technology to identify and assess potential poor disclosure by listed companies
Using technology for remote and automated monitoring of export livestock health and welfare
Using technology for a streamlined path to marine autonomous systems assurance
Using technology for real-time and accurate asbestos testing
Need help?
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Contact us for help with your application or to find out more.
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Monday – Friday, 8am – 8pm across Australia
Grant recipients
Key documents
Grant opportunity guidelines
Frequently asked questions
Sample application form
Sample grant agreement
Letter of support template
Feasibility study report template
Financial turnover declaration template
Priority sectors key documents
Grant opportunity guidelines – Proof of Concept
Sample grant agreement – Proof of Concept
Authorised by the Australian Government, Canberra.