Funding for NSW companies to commercialise products or processes

Overview

2 funding streams are available for the 2025-2026 program and have been designed to reduce financial barriers and foster greater participation from under-represented groups:

• Stream1 is available for all eligible businesses with a maximum grant of $50,000 and a minimum co-contribution of 50%.
• Stream 2 is available for eligible women-owned businesses, regional businesses, and Aboriginal and/or Torres Strait Islander businesses with a maximum grant of $75,000 and a minimum co-contribution of 25%.

Check if you can apply

To be eligible, you must:

• have an Australian business number (ABN) 
• be headquartered in NSW
• hold intellectual property (IP) or rights to commercialise your product
• have an aggregated turnover of $400,000 or less in each of the 3 financial years prior to the lodgement of your application
• have 10 or fewer full-time equivalent (FTE) employees, including founders.

To be eligible, projects must:

• be directly related to the pre-market development and commercialisation pathway of your product
• involve progressing your product along the Technology Readiness Level (TRL) scale between 3 and 9
• demonstrate why the project would not proceed in NSW without government support
• be completed within 12 months of funding, minimum project period is 3 months.