Applications for the Business Research and Innovation Initiative (BRII) grant close tomorrow, 10 September 2020 5:00 pm AEST.
Under the BRII, SMEs can apply to receive up to $100,000 to conduct a feasibility study on five key challenges that the government currently faces. If successful, applicants can then receive up to $1 million to develop a proof of concept.
What are the stages of application?
Stage 1: challenge selection
Applicants can apply to solve one of the following 5 challenges facing the Australian government.
- Revolutionising agricultural spray applications
- Challenge agency: Cotton Research and Development Corporation (CRDC)
- Turning farm crops into a renewable hydrogen source
- Challenge agency: Grains Research and Development Corporation (GRDC)
- Turning office trash into energy treasure
- Challenge agency: Australian Renewable Energy Agency (ARENA)
- Counting fish using advanced technologies
- Challenge agency: Australian Institute of Marine Science (AIMS)
- Automating the detection of whales at sea
- Challenge agency: National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA)
Stage 2: feasibility study
Applicants can undertake a feasibility study into one of these challenges. There is a total of $2 million available for all feasibility studies. The maximum grant amount is $100,000 with a maximum period of 3 months for each study.
Stage 3: proof of concept
If the feasibility study is successful, applicants can apply for proof of funding concept. There is a total of $10 million available for all proof of concepts. The maximum grant amount is $1 million with a maximum period of 18 months.
Who is eligible?
To be eligible you must have:
- An ABN,
- A turnover of less than $20 million for each of the last three years (including related bodies) OR an individual turnover of less than $20 million for the last three years if controlled by an Australian university or public sector research organisation, and
- Be incorporated in Australia, an incorporated trustee on behalf of a trust, or an individual or partnership, provided you agree to form a company incorporated in Australia to enter into a grant agreement.
Joint applications are acceptable.
For more information, visit: https://www.business.gov.au/Grants-and-Programs/Business-Research-and-Innovation-Initiative
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