Applications for the Business Research and Innovation Initiative (BRII) are now open.

The new round of BRII focuses on exploring innovative technologies that can transform government regulatory processes. $10 million in funding is available to help small and medium enterprises (SME) and start-up companies develop innovative tech solutions. The four BRII regulatory technology challenges include:

  1. Using technology for a streamlined path to marine autonomous systems assurance. The Australian Institute of Marine Science (AIMS) is seeking a standardised approach to gathering test and evaluation evidence. The solution will assure new marine robotics and autonomous systems with artificial intelligence (RAS-AI), and manage impacts to trusted autonomy through future engineering changes to RAS-AI systems. Watch the AIMS webinar to learn more.
  2. Using technology to help identify and assess potential poor disclosure by listed companies. The Australian Securities and Investment Commission (ASIC) is seeking an innovative technology solution to analyse market announcements (and other corporate disclosures) by listed companies and entities. The solution will help identify and assess poor market disclosure. Watch the ASIC webinar to learn more.
  3. Using technology for remote and automated monitoring of export livestock health and welfare. The Department of Agriculture, Water and the Environment (DAWE) is seeking new solutions to improve the monitoring and reporting of livestock health and welfare at critical points in the export supply chain. This innovative solution should use automated and remote technology. Watch the DAWE webinar to learn more.
  4. Using technology for real-time and accurate asbestos testing. The Asbestos Safety and Eradication Agency (ASEA) is seeking new and innovative technology solutions that can be used to accurately test building materials that contain asbestos on site. The solution should be non-destructive (that is, not removing, drilling, or disturbing materials to test) and meets regulatory requirements. Watch the ASEA webinar to learn more.

Successful applicants will receive up to $100,000 to develop and test the feasibility of their idea over three months. The most successful of these ideas may then be eligible for a grant of up to $1 million to develop a prototype or proof of concept over a maximum of 15 months.

To date, the BRII program has provided 73 grants, totalling more than $20 million in funding to accelerate the growing businesses of SME and start-up companies.

Check out the eligibility criteria and application process.