Starting tomorrow Australian entrepreneurs will not have to repay Early Stage Commercialisation grants for businesses developing a new product, process, or service. Plus, these grants will be available to more businesses, as the annual turnover limit for applicants will rise from $20 million to $50 million. In addition, growing businesses that can benefit from access to skilled managers now have the option to apply for an Experienced Executives grant of up to $350,000 – up from $200,000.
For More information download the official media release here.
First Published @ minister.innovation.gov.au