Key Details
- Funding Available: From $25,000 to $50,000 per project
- Applications Open: 1 July 2025 (2025–26 round)
- Assessment Model: Non-competitive, processed in order of submission
- Location: NSW only
⚠️ Note: The 2024–25 round has already closed early due to high demand. Businesses should prepare early for the 2025–26 round.
Grant Objectives and Eligibility
The program aims to:
- Support the pre-market commercialisation journey for innovative NSW-based companies
- Retain high-growth potential product development in NSW
- Help products progress along the TRL scale (3 to 9) to unlock future private investment
To be eligible, your business must:
- Be NSW-headquartered
- Be a non-tax exempt, incorporated Australian company
- Have an ABN and a bank account with an Australian financial institution
- Employ 20 or fewer FTEs (including founders)
- Have an aggregated turnover under $1M for each of the last three years
- Hold IP or the legal right to commercialise the product
Your project must:
- Advance a product between TRL 3 and TRL 9
- Be aligned with a priority industry under the NSW Industry Development Framework
- Be carried out entirely in NSW
- Be delivered within 3 to 12 months
- Include a minimum 50% cash co-contribution (no in-kind allowed)
- Demonstrate that it cannot proceed without government funding
Eligible Activities
Funding can be used for activities that help your product reach the market, such as:
- Product development and prototyping
- Testing and validation
- IP protection and regulatory approvals
- Market access and commercialisation planning
- Advanced manufacturing setup
Projects must involve eligible expenditure only, as defined in the official program guidelines.
Why Work With a Grant Writer?
The MVP Ventures Program may seem straightforward — but crafting a compelling, compliant, and fundable application often takes 30 to 60 hours of deep work. From detailing TRL progress to budget justification and demonstrating unmet funding needs, each step matters.
An experienced grant writer can help you clarify your project narrative, align it with policy priorities, and maximise your likelihood of success — while letting you stay focused on building your product.
At Grant Savvy, we’ve helped startups and scale-ups secure millions in competitive funding.
Reach out today to prepare early and beat the rush for the 2025–26 round.
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