Business Innovation Support Initiatives Voucher Scheme NT
Vouchers for NT business R&D
Last Updated: 08 November 2019
Business Innovation Support Initiatives Voucher Scheme NT
The Business Innovation Support Initiatives program provides vouchers to businesses to help them research and develop new products, processes or services.
Applications may be made at any time.
What do you get?
Vouchers worth up to $25,000.
Who is this for?
Northern Territory businesses.
Overview
The Business Innovation Support Initiatives (BISI) program helps Northern Territory businesses to undertake research and development that can lead to new products, processes or services. Support is available for projects in the areas of science, engineering, technology and design, including:
- conducting knowledge searches - scientific, technical, and intellectual property
- developing experimental plans with researchers
- research and development activities and trials
- feasibility studies
- building prototypes
- obtaining patents
- accessing specialist research facilities
The BISI voucher scheme provides up to 60% support for eligible projects. Each voucher is a maximum of $25,000 (GST exclusive).
What are the eligibility criteria?
To be eligible, you must:
- have an Australian Business Number (ABN)
- be NT based and registered
- have less than 100 employees
Find out more about the eligibility criteria at Business Innovation Support Initiatives Voucher Scheme.
How do you apply?
Find out more about how to apply at Business Innovation Support Initiatives Voucher Scheme.
