Victoria-Israel Science and Technology Research and Development Fund (VISTECH)

This program supports market-orientated collaborative research and development (R&D) projects for Victorian and Israeli companies.
Closed
This grant is currently closed to applications

What do you get?

Funding of up to $250,000.

Who is this for?

Victorian companies.

Overview

Funding is available for collaborative R&D projects aimed at achieving commercialisation of new or improved products, processes or services that may contribute to the economic and public benefit of Victoria and Israel, through the following types of activities:

  • technology-based products processes or services
  • the advancement of these technologies to commercial readiness
  • the identification of steps for realisation of economic benefits for all parties concerned; and/or
  • the support of new technologies from proof of concept to a minimum viable product (MVP) stage of development in respective markets.

Eligible funding activities and expenses may include:

  • personnel costs for staff dedicated to the project
  • cost of purchasing, leasing, or renting equipment or instrumentation
  • cost of subcontracting and consultancy services used exclusively for the project
  • other operating expenses (e.g. cost of materials, consumables, and other supplies)
  • pre-marketing expenses
  • outlays to meet regulatory requirements
  • business planning
  • knowledge transfer to industry and other end users
  • necessary travel.

Check if you can apply

To be considered for funding, applicants must co-operate on innovative market-driven development of an innovative technological product, process, or service.

The project partners must include:

  • at least one Victorian company with a trading history and an Australian business number (ABN)
  • at least one Israeli company.

Victorian applicants must meet all the following criteria to be eligible:

  • the application is an eligible for-profit entity type or commercially focused not-for-profit
  • the applicant is operating in Victoria
  • the applicant has a registered office and principal place of business located in Victoria
  • be non-tax exempt
  • have an active Australian business number (ABN) and be registered for goods and services tax (GST)
  • able to contribute a minimum of 50% of the project cost.

Apply now

Apply for the Victoria-Israel Science and Technology Research and Development Fund (VISTECH)

Find out more about your eligibility and how to apply.

Learn how to apply

Contact information