The ACT Government’s Innovation Connect grant program is designed to help Canberra-based businesses develop innovative products and services. If your business is in the early stages of preparing an innovative product or service for investment or commercialisation, then Innovation Connect may be able to help you get to the next step.
Innovation Connect is competitive grant program that provides matched-funding support for smaller, technology focused startups and entrepreneurs to accelerate viable, innovative ideas along the commercialisation pathway.
Innovation Connect provides competitive grants of between $5,000 to $30,000 of matching funding for proving your concept (eg developing a prototype).
Dates for the next round will be advertised here.
They will also be advertised through the CBR Innovation Network newsletter.
From 2017, Innovation Connect will include a ‘Renewables Stream’ funded from the Renewable Energy Innovation Fund. This is a dedicated funding stream designed to support commercial opportunities within the renewable energy and cleantech sectors.
Application requirements and processes for the Innovation Connect and Renewables Streams are the same. Grant applicants will need to indicate with grant stream they are applying to when they lodge their initial application.
Congratulations to three innovative Canberra businesses successful in receiving funding in the first round of the Innovation Connect Grants 'Renewables Stream'.
The recipients are:
- Arcturus Dynamics ($35,000), will develop the Titan Power System – a hydrogen fuel cell power system designed to deliver greater energy density than currently available lithium-ion battery technology;
- Mitra Solar Concentrators ($35,000), a Canberra based company, will develop a virtual 3-D prototype of a low cost solar concentrator with efficiency comparable to significantly more expensive solar dishes; and
- PV Lab Australia ($27,093), a Canberra based company, will develop an online service or app to provide quality reports on the most commonly used solar panel brands and models offered in consumer installations.
Details on the grants, eligibility and how to apply can be found on the Guidelines page.
If you would like to discuss the Innovation Connect grant program please don’t hesitate to contact an Innovation Connect Client Manager:
Phone: 02 6205 1308 or through 13 22 81
Email: firstname.lastname@example.org or email@example.com