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Last Reviewed: 27/02/2014

An overview from the CEO

Doron Ben-Meir talks about how Commercialisation Australia helps companies, entrepreneurs and researchers.

 View a transcript of this video.

Funding matched with support

Commercialisation Australia aims to build the capacity of Australia's talented researchers, entrepreneurs and innovative companies to turn their intellectual property into successful commercial ventures. It achieves this through offering a range of tailored assistance measures, and guiding successful applicants through the commercialisation process.

Commercialisation Australia is a merit based, competitive assistance program that offers:

  • Skills and Knowledge support to help build the skills, knowledge and connections required to commercialise intellectual property, providing funding of up to $50,000 to pay for expert advice and services;

  • Experienced Executives provides funding up to $350,000 over two years to assist with the recruitment of a Chief Executive Officer or other executive

  • Proof of Concept grants of $50,000 to $250,000 to test the commercial viability of a new product, process or service; and

  • Early Stage Commercialisation grants of $50,000 to $2 million to bring a new product, process or service to market.

Skills and experience

Each participant is assigned a Case Manager for the duration of their time with Commercialisation Australia. The Case Managers draw on their extensive experience in commercialisation to guide participants through the commercialisation process, and facilitate participants' access to the Expert Network.

Expert Network members have a mix of skills and experience - these include extensive experience in building successful businesses and/or knowledge across a range of speciality fields - and so are well placed to offer insights into the commercialisation process.

Commercialisation Australia is the Australian Government’s primary initiative to support commercialisation of local research and intellectual property. It offers funding and resources to accelerate the business building process for Australian companies, entrepreneurs, researchers and inventors.

It is a merit based program that supports the development, commercial validation and commercialisation of novel intellectual property into new products, services and processes. In addition to funding, it provides the type of assistance that money can’t buy – ongoing support by working with one of our experienced Case Managers, and opportunities to make important business connections through our Expert Network. 

An Overview of Commercialisation Australia

Skills and Knowledge

Proof of Concept

Experienced Executives

Early Stage Commercialisation

Purpose

To access expert advice and services

To prove commercial viability - this does not include basic R&D

To engage an experienced CEO or other senior executive

To develop a product through to market launch

Grant amount

Up to $50,000

$50,000 to $250,000

Up to $350,000

$50,000 to $2 million

Resources

Case Manager and the Expert Network

Case Manager and the Expert Network

Case Manager and the Expert Network

Case Manager and the Expert Network

Minimum contribution

Applicant contributes 20%

Applicant contributes 50%

Applicant contributes 50%

Applicant contributes 50%

Project length

12 months

12 months

24 months

24 months

Who can apply

Australian companies with less than $10 million annual turnover

Entrepreneurs who will form a company if their application is successful

Individuals or researchers applying via their commercialisation office or an eligible partner entity

Australian companies with less than $10 million annual turnover

Entrepreneurs who will form a company if their application is successful

Individuals or researchers applying via their commercialisation office or an eligible partner entity

Australian companies with less than $10 million annual turnover

Entrepreneurs who will form a company if their application is successful

Australian companies with less than $50 million annual turnover

Entrepreneurs who will form a company if their application is successful

What the grant can be used for

To obtain external expert advice and services, such as:

  • business planning

  • commercialisation advice

  • IP management

  • linkages (collaborations and partnerships)

To undertake:

  • product development and prototyping

  • market validation and market trials

  • development and execution of an IP strategy

  • Regulation and standards compliance

To employ an executive to bring complementary skills and experience to help existing management drive the commercialisation activity.

The grant can be used for salary and on-costs, but not recruitment costs.

To undertake:

  • product development

  • market validation and market trials

  • IP strategy execution

  • Regulation and standards compliance

  • Scale up for manufacturing

Commercialisation Australia provides financial assistance from as little as $10,000 up to $2 million dollars, as well as support from experienced Case Managers and access to the Expert Network. This information is a guide only. For more detailed information, download the Customer Information Guide and review the Frequently Asked Questions.

 
 
Our Case Managers

Commercialisation Australia’s national network of Case Managers are experienced business builders. Many have successfully commercialised IP and started their own technology based companies. They work with Commercialisation Australia Participants, helping them through the commercialisation and business building process.

Our Case Manager network has particular expertise in key technologies and local and international markets. Some of our Case Managers are experts in biotechnology and life sciences. Others have expertise in IT, engineering and design, medical devices, defence procurement and IP law.

Commercialisation Australia Participants benefit from this direct expertise and also the fact that our Case Managers work together as a collegiate team to share their industry knowledge and business contacts.

Success in business requires more than just money, energy and a good product. Successful business people make the right connections at the right time.

Commercialisation Australia is building an Expert Network to facilitate making those connections. The Network comprises high calibre experienced entrepreneurs, experts in specific markets and technologies, and professional investors.

Your Case Manager will introduce you to members of the Expert Network who are best able to assist you. This might be an Expert Network member with expertise in the technology you are commercialising or the market you are trying to enter. You might be put in touch with a Network member who faced similar hurdles to you when they started up their first business. Or you might be introduced to potential investors or business partners.

Go to the Expert Network part of this website to learn more.

Real Results

Although successfully converting IP into a marketable product takes time, we are already seeing early successes within the Commercialisation Australia portfolio, including:

  • Product licensing deals

  • Manufacturing partnerships

  • Venture capital funding

  • Angel investment

  • Strategic capital investments and acquisitions

  • Distribution channels agreements

  • Domestic and international sales

  • Product launches

  • Appointment of high calibre CEOs and board members

How to Apply

Commercialisation Australia has a two stage application process to help you decide if this is the best program for you, and whether your application will be competitive. Applications are assessed on a continuous basis - this means you can apply at any time.

  1. Read the Customer Information Guide

  2. Download and submit a Stage 1 Application Form

  3. We give you feedback on your application

  4. Competitive applicants will be invited to complete a more detailed Stage 2 Application Form

How Applications are Assessed

Applications are considered by an independent group of industry experts, the Commercialisation Australia Board. Their assessment is based on the detailed analysis and recommendations of Case Managers. Assessment is on a competitive basis against six merit criteria. Refer to the Customer Information Guide for more information about the assessment criteria.

  1. NEED FOR FUNDING - All applicants must satisfy the Board that they don’t have sufficient funding to undertake all the required commercialisation activities and it would be unreasonable to expect the applicant to raise all of the necessary funding. Only applications that have a genuine need for funding will be assessed against the other criteria.
  2. MARKET OPPORTUNITY for the outcome of the project.

  3. Compelling VALUE PROPOSITION for the new product, process or service (ie an explanation of why customers will purchase it).

  4. A sound EXECUTION PLAN

  5. Appropriate MANAGEMENT EXPERTISE

  6. NATIONAL BENEFITS resulting from the project

Download

A printableCA Brochure_ Feb 2014.pdfPDF Brochure of this information [PDF 252 kB]