The Australian Govt is seeking your views on the development and implementation of the Industry Growth Program.
The Industry Growth Program is designed to support innovative small and medium enterprises to commercialise ideas and expand their businesses.
The program will complement the National Reconstruction Fund (NRF) by driving early-stage investment in NRF priority areas:
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value-add in resources
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value-add in the agriculture, forestry, and fisheries
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transport
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medical science
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renewables and low emission technologies
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defence capability
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enabling capabilities.
The program will take an agile and industry-led approach. Key features will include:
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Industry Growth Program Advisers
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access to industry-led specialist advisory services from industry partner organisations
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grant funding for eligible projects.
The Govt would like your advice on further elements, including:
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eligibility criteria for businesses and projects
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diversity and inclusion
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industry partner organisations
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governance and grant assessment
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program design to meet intended outcomes
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post-program reporting obligations
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alignment with other initiatives.
Your response will inform final program design and help:
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maximise the value participants gain from the advisory service
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improve the application process
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ensure data collation is optimised for program insights and impact evaluation
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ensure support is targeted where most needed and impactful
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prepare clear guidelines for program proponents
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consider diversity and inclusion impacts.
Consultation documents
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