Is it a requirement that you apply for Skills and Knowledge first before progressing to other components?
No. The program is designed to be flexible, and funding is structured around the key stages of the commercialisation process, allowing eligible applicants to apply for funding under any of the four components of funding at the appropriate time.
For further information, please see Section 1.4 of the Customer Information Guide.
Is it possible to apply for more than one component at the same time?
Yes, you may apply for up to two components at the same time, with the exception of the following combinations:
- Skills & Knowledge and Early Stage Commercialisation, and
- Proof of Concept and Early Stage Commercialisation.
The following multi-component applications are acceptable:
- Skills & Knowledge and Proof of Concept
- Skills & Knowledge and Experienced Executives
- Proof of Concept and Experienced Executives
- Early Stage Commercialisation and Experienced Executives
Applicants should note the risk associated with submitting multi-component applications. Where the Commercialisation Australia Board considers one component to be uncompetitive the remaining component will be re-assessed against the Need for Funding criterion and it may consider that the applicant has sufficient finance to fund the remaining component itself.
For further information, please see Section 1.5 of the Customer Information Guide
Why must applicants fund part of the project themselves?
The Commonwealth is making a significant commitment to projects funded under Commercialisation Australia and expects applicants to show a similar level of commitment.
For further information, please see Section 2.2 of the Customer Information Guide.
Do I need to have my share of project funding upfront?
No, but applicants need to be able to demonstrate that they can fund their share of project costs over the life of the project.
For further information, please see Section 2.2 of the Customer Information Guide.
Can the applicant’s share of project funding be in-kind or from other grant funding from the Commonwealth, States or Territories?
No, the applicant’s share of project funding cannot be met in-kind and cannot be met from other government grant sources.
For further information, please see Section 2.2 of the Customer Information Guide.
Do the grants attract the Goods and Services Tax?
Commercialisation Australia grant payments are subject to GST. Grant payments are increased to compensate for the level of this tax.
For further information, please see Section 6.1 of the Customer Information Guide.
Does foreign ownership preclude a company from application?
No, however, the applicant must be incorporated in Australia.
For further information, please see Section 2.1 of the Customer Information Guide.
Are clinical trials an eligible activity?
As a general rule, Commercialisation Australia does not support R&D projects. Given the variety of clinical trials and the particular circumstances of each trial it is likely that some trials could be considered R&D. Applications involving clinical trials will be judged on a merit basis. Where applications are mostly or all about clinical trials, the clinical trials are essentially exploratory work or there is not a high likelihood of a commercial transaction at the end of the project, then an application is unlikely to be supported. The Commonwealth supports R&D through the R&D Tax Incentive.
For further information, please see Section 2.4 of the Customer Information Guide.
Can I ask my Case Manager and/or Customer Service Manager to sign a confidentiality agreement?
No, Case Managers and Customer Service Managers will not sign confidentiality agreements. The use and disclosure of information provided by applicants for the Commercialisation Australia program is regulated.
For further information, please see Section 4 of the Customer Information Guide.