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Business

Building Partnerships Grants

Funder:  NSW – Jobs for NSW

Grant Background: Building Partnerships grants help revenue generating startups and small to medium enterprises (SMEs) scale or grow strategically through the acquisition of a key customer or channel to market.

Building Partnership grants require start-ups or SMEs to have an innovative solution that addresses a market gap or opportunity and the collaboration of a consortium of partners.

The goals of the program are to enable a start-up or an existing SME with a growth plan to:

  • expand or pivot an innovative product or solution
  • acquire a major customer
  • deliver at scale
  • or build access to a new market.

Eligible businesses can receive up to 35% of the approved project costs. The approved project costs may include:

  • further developing a product and/or solution
  • progressing early stage commercialisation i.e. product training or product testing
  • acquiring and retaining talent.

$ Available: up to $100 000.00.

Eligibility: Applicants should:

  • have an innovative and scalable solution that can be deployed to multiple customers and be delivered within 12 months
  • demonstrate a consortium of partners who derive benefits from the proposed project
  • have a NSW based ABN and be registered for GST
  • hold intellectual property or rights to commercialise the product or solution
  • demonstrate adequate funding (at least 65% of total project costs) has been secured for the project.

Key Dates: Applications are accepted all year round.

Link: CLICK HERE

Happy to chat if you need a hand with your application. Good luck, Melanie

#businesspartnership #innovation   #collaboration

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