Applications have opened for the NSW government’s MVP Ventures Program, which offers grants of between $25,000 and $50,000 to startups and SMEs to help commercialise “highly innovative and new products or processes”.
The round opened on Monday for the program, which has been allocated up to $3 million per annum to 2027 by the state government.
The program’s guidelines describe it as targeting “new products or processes within Technology Readiness Level (TRL) 3 – 9 to help them move along the TRL scale and enable them to attract large-scale private investment.”
Eligibility and other information can be found at this link.
Applications close on April 30 2024, with the following round to open for applications on July 1, 2024.