Government package to drive innovation


Monday, 03 November, 2014

The government has launched the final arm of its $484.2 million Entrepreneurs Infrastructure Program, the Accelerating Commercialisation stream, which is designed to help Australian businesses through the commercialisation process.

The new Accelerating Commercialisation initiative will provide businesses with access to expert advice, experience and networks to help guide them through the process of attracting investment and getting new ideas into the marketplace.

Eligible businesses and innovators may also receive a matching grant of up to $1 million. 

The Entrepreneurs’ Infrastructure Program is part of the government’s new industry policy and works in conjunction with the Industry Innovation and Competitiveness Agenda. It offers support to businesses through the following three elements:

  • Business Management, providing support for business improvement and growth
  • Research Connections, helping small and medium businesses collaborate with the research sector to develop new ideas with commercial potential
  • Accelerating Commercialisation, helping entrepreneurs, researchers, start-ups and businesses address challenges in the commercialisation pathway.

Information is also available through the Department of Industry’s Single Business Service, via phone on 13 28 46 or the web www.business.gov.au.

Related News

ADHD may be linked with an increased risk of dementia

An adult brain affected by attention deficit hyperactivity disorder (ADHD) presents modifications...

Placebos appear to reduce PMS symptoms

Women affected by premenstrual syndrome (PMS) appear to experience less intense and debilitating...

Medicinal cannabis linked to long-term health benefits

As scientists find a way to improve the effectiveness of CBD, a separate study shows that...


  • All content Copyright © 2025 Westwick-Farrow Pty Ltd