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Grants to unlock opportunities and expand Australia's space sector
Update to key documents
Please note that the Project Plan Template has been revised as at Tuesday, 17 February 2026.
International Space Investment India Projects Round 2
Closing date: Monday 16 March 2026 5:00pm AEDT Mon 16 Mar 2026 5:00pm AEDT
What do you get?
A grant of up to $2.69 million is available. The grant amount will be up to 100 per cent of eligible project costs.
Who is this for?
Australian companies and publicly funded research organisations who wish to work with Indian organisations to deliver collaborative projects to advance the space industry.
About the program
The International Space Investment Initiative supports strategic space projects that build relationships with international space agencies.
An India focused expansion of the initiative was announced in 2022 and will provide support for Australian organisations to conduct joint space projects and build valuable commercial links with the Indian Space Research Organisation (ISRO) and the broader Indian space sector.
The objectives of the grant opportunity are to:
- unlock international space opportunities for the Australian space sector to work on joint space projects with India
- expand the capability and capacity of the Australian space sector, and support job creation
- demonstrate the Australian space sector’s ability to successfully deliver space-related products and services internationally
- support projects which contribute to building a vision and a diverse, inclusive Australian space ecosystem that inspires businesses, the Australian community and the next generation of space workforce, researchers and entrepreneurs
- increase investment in the space sector, targeting the Project focus area, as described in Appendix A of the grant opportunity guidelines.
Check if you can apply
You can apply if you meet the eligibility criteria. The eligibility criteria are a set of rules that describe who we can consider for this grant. You can apply if you:
- are an eligible entity
- have an eligible project
- have eligible expenditure.
The rules are in the grant opportunity guidelines.
You can apply if you:
- have an Australian business number (ABN)
- are registered for the Goods and Services Tax (GST)
and be one of the following entities:
- an entity, incorporated in Australia
- a publicly funded research organisation (PFRO).
Additional eligibility requirements
We can only accept applications where you:
- provide evidence from your board (or chief executive officer or equivalent if there is no board) that the project is supported, and that you can complete the project and meet the costs of the project not covered by grant funding
- provide evidence that a minimum of 80 per cent of the investment will be made in Australia, for the benefit of the Australian space organisations.
You can’t apply if you are:
- an organisation, or your project partner is an organisation, included on the National Redress Scheme’s list of Institutions that have not joined or signified their intent to join the Scheme
- an employer of 100 or more employees that has not complied with the Workplace Gender Equality Act (2012)
- an individual
- a partnership
- a trust (however, an incorporated trustee may apply on behalf of a trust)
- a Commonwealth, State, Territory or local government body (including government business enterprises)
- a non-corporate Commonwealth entity.
- any organisation not included in section 4.1 of the grant opportunity guidelines.
Partner with other organisations
You can partner with one or more other organisations that also meet the eligibility criteria. But you must decide who the lead organisation is.
The lead organisation must fill out the application form.
If we give your group the grant, the lead organisation:
- signs the grant agreement
- is responsible for making sure your group follows the rules in the grant agreement.
You must complete your project by 31 December 2027.
Your project must:
- be aimed at the Project Focus Area described in Appendix A to the grant opportunity guidelines
- have at least $1 million in eligible expenditure.
How to apply
Check if you’re ready to apply for a grant
Finding a suitable grant opportunity is just the start of the process to get funding. The application process can take time and effort. Understanding the entire process will help you be grant ready and may improve your chances of getting funding.
Use our checklist to find out what it takes to apply for a grant.
When you're ready to apply
- When the online form is available you'll need to apply using our online portal: Create or log into your portal account.
- Follow the instructions to complete your application.
- Submit your application before the close date.
Make sure you include enough detail and supporting evidence in your application to help us decide whether to award you the grant.
Don’t submit the application until it’s complete. You can’t correct a mistake.
First we check that you meet the eligibility criteria. If eligible, your application will be assessed against the assessment criteria. Only eligible applications will proceed to the assessment stage.
We refer your application to an assessment committee, comprised of space sector and industry experts to assess applications. The committee may also seek additional advice from independent technical experts.
The committee will assess your application against the assessment criteria and compare it to other eligible applications in a funding round. They will then recommend which projects to fund.
- Assessment criterion 1: The benefit of your project to the Australian space industry (30 points)
- Assessment criterion 2: Your project’s ability to grow and strengthen collaboration with the Indian space sector (30 points)
- Assessment criterion 3: Your capacity, capability and resources to deliver the project (20 points)
- Assessment criterion 4: The impact of grant funding on your project (20 points)
The amount of detail and supporting evidence you provide should be relative to the project size, complexity and grant amount requested.
The Head of the Australian Space Agency decides which grants to approve taking into account recommendations of the committee and the availability of grant funds.
Apply now
Apply for the International Space Investment India Projects Round 2 now
Before you apply, make sure you:
- read and understand the grant opportunity guidelines.
Sample applications
The best way to understand what information you need to provide is to start an application. We have also provided a version to download at the bottom of this page.
Technical help
See our customer portal's frequently asked questions to help with your queries. If you can't find your answer, contact us for assistance.
Past and future rounds
Contact
Need help?
Let us answer your question over the phone, email or live chat.
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Open Hours:
Monday to Friday, 8am to 8pm across Australia
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Key documents
Project Budget template
xlsx · 0.09 MB