Accelerating Commercialisation is a key Australian Government grants and assistance program that provides businesses with access to expert advice and matched funding up to $1 million to cover eligible commercialisation costs to help them take novel products, processes and services to market. The Accelerating Commercialisation Program is administered by AusIndustry and replaced the previous Commercial Ready Program.
In order to apply, applicants must be either a for-profit company registered and operating in Australia, a commercialisation office or Eligible Partner Entity, or individuals, partnerships or trustees who agree to form a for-profit company.
Applicants must first receive Commercialisation Guidance, after which they can apply for an Accelerating Commercialisation Grant. Applicants must meet each of the following conditions: