Call for Proposals: Research, Commercialisation and Startup Fund – Australia
Deadline: Ongoing
The Research, Commercialisation and Startup Fund (RCSF) has been launched to support researchers, entrepreneurs and businesses to accelerate their progress with funding from the South Australian Government.
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The objective of the Research, Commercialisation and Startup Fund is to contribute to economic growth by supporting collaboration between enterprise, researchers and universities and the commercialisation of new products and services, building research and research infrastructure capability in South Australia through increased investment and encourage the establishment and growth of startups.
The Fund includes the following streams:
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Stream 1: Strategic Research Initiatives;
Stream 2: Startup and Early Stage Business Incentives;
Stream 3: Entrepreneurship and Innovation Ecosystem Initiatives.
Outcomes
The success of the Fund’s objective will be measured by the following outcomes:
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increased investment in South Australian research and research infrastructure;
increased business expenditure on research and development;
more commercialisation of research and intellectual property;
higher number of business startups per capita;
higher number of startup businesses that are growing (scale ups);
more venture capital investment in South Australia.
Eligible Proposals
Eligible proposals include:
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initiatives that provide innovative solutions or translate research into commercial outcomes that address economy-wide challenges for South Australia;
initiatives that increase the level of national funding for South Australian research and research infrastructure;
research collaborations that result in new financial services technologies or products;
initiatives that support the establishment and growth of startups to scale-ups;
initiatives that encourage and promote investment into South Australia’s startup and entrepreneurship ecosystem.
Proposals will not be considered where:
they are conducted outside of South Australia, unless there are special circumstances;
there is no clear evidence of industry participation or involvement;
they are already committed, or retrospective funding is sought;
significant funding is sought towards the cost of developing a proposal;
they have already received funding from the South Australian Government, or require ongoing government funding;
they are better suited to any other funding sources.
Eligibility Criteria
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Eligible applicants must be a South Australian-based legal entity that is one of the following:
business (including not-for-profits);
business / industry association;
university;
independent research institute;
South Australian Government research institute.
Applicants must be financially viable, registered for GST and have an Australian Business Number. If located outside South Australia, there may be special circumstances which merit consideration of the applicant and there is a commitment to relocate and maintain the relevant enterprise (in whole or part) in South Australia.
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For more information, visit https://innovationandskills.sa.gov.au/funds/research-commercialisation-and-startup-fund
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