Eligible startups are invited to apply for funding through this competitive grant program to assist with the cost of commercialising a product or service that is unique and has a sustainable competitive advantage in national and international markets.
The applicant should demonstrate how this funding would support the costs of delivering a clearly defined project that will generate significant benefits, such as revenue growth, export income, local employment or other social benefits to South Australia.
It is split into two funding options, Seed and Start, based on a business’ stage of development.
Minimum grant: $50,000
Minimum grant: $100,001
At least a 2:1 basis
At least a 1:1 basis
Up to 2 year maximum
Up to 3 years maximum