An APRIL Commercialisation Project addresses the issue where the path to market of a product, service or technology may be close and additional co-investment, that would commonly include other investors, may assist in bringing it to realisation.
There is no minimum or maximum funding limit, but a cash co-investment is required depending on the organisation’s participant level:
Membership Status Required Cash Contribution
Gold Participant 10%
Silver Participant 15%
Bronze Participant 20%
Ordinary Member 50%
Non-Participant 50%
All projects must include a cash contribution based on total project and facility funding. Please note APRIL funded research schemes cannot include indirect cost recovery or overheads.
Project duration is flexible and can be extended beyond 12-18 months, depending on your needs.
How to Apply:
The Commercialisation Project scheme is open year-round.
To apply for an APRIL Commercialisation Project, complete the relevant proposal form and the Budget and Milestones template and email to Dr Charles Rikard-Bell, at c.rikardbell@april.org.au.