Minimum Viable Product NSW
Funding for pre-revenue technology start-ups
Last Updated: 15 May 2020
Minimum Viable Product NSW
Minimum Viable Product provides technology start-up businesses with funding to help them conduct market research and test their business model with consumers.
Apply at any time.
What do you get?
Funding of up to $25,000.
Who is this for?
NSW technology start-ups.
Overview
Minimum Viable Product (MVP) grants support promising pre-revenue startups to progress from proof of concept to a minimum viable product stage. The grants can help startups to engage with a potential business customer or channel to market and create innovative solutions that address industry needs or market gaps.
Grants of up to $25,000 is available to cover up to 50% of approved project costs.
What are the eligibility criteria?
To be eligible for an MVP grant, a startup business must:
- have an ABN registered in NSW and be based in NSW
- have a completed proof of concept
- be at pre-revenue stage
- hold IP or the rights to commercialise the end product
- have a potential business customer or business channel to market to
- have a scalable solution that can be deployed to multiple customers
- demonstrate that at least 80% of development costs will occur in NSW
- demonstrate that matched funding for the project has been secured
How do you apply?
Find out more about eligibility and how to apply at Minimum Viable Product.
