A good application will propose an innovative solution that:
- Solves one of the SBIR program challenges
- Could be commercialised and sold to other end-users (for example, other governments or the private sector), and
- Is not commercially available in Australia or elsewhere.
A good application will also comprehensively address the assessment criteria:
Technical (40 points)
(a) To what extent would the proposed solution address the challenge statement, including the solution requirements?
(b) Is the proposed solution ready to enter the feasibility study stage?
(c) How is the proposed solution innovative and superior to what is currently on the market?
Commercial (30 points)
(a) Does the proposed solution have commercial potential?
(b) Given its commercial potential, does the solution deserve public investment?
(c) Does the application provide a reasonable plan for the next steps towards commercialisation and adoption, including identifying potential barriers and how these will be mitigated?
Delivery (30 points)
(a) Does the company and project team have the appropriate skills and experience to carry out the project?
(b) Does the team have access to the equipment, technology, infrastructure and financial resources needed to carry out the project?
(c) Does the application provide a reasonable project plan, including a budget, risk management plan and performance measures?
R&D NSW will review applications against the SBIR program eligibility criteria. Eligible applications will be assessed by both the Challenge Agency and an independent panel of experts with experience in business development, commercialisation, venture capital and entrepreneurship.
Please apply on the SBIR program webpage.
Please respond to all questions in the application form. We also ask applicants to upload:
(a) A video presentation no longer than three minutes
(b) A project budget.
Applicants may also be required to provide profit and loss statements and balance sheets from the last two years.
Applications close at 11:59pm AEST on Friday 8 April 2022.
To be eligible to apply for the SBIR program you must:
(a) Have an Australian Business Number (ABN)
(b) Be one of the following entities:
- A small or medium-sized enterprise with under 200 full-time equivalent employees, or
- An individual or partnership, provided you agree to form a company incorporated in Australia to enter into a grant agreement, or
- A NSW public research organisation applying through its appropriate technology transfer office, provided you agree to form a company incorporated in Australia to enter into a grant agreement.
(c) Meet one of the following criteria:
- Be headquartered in NSW, or
- Conduct the majority of business research and development and production operations in NSW.
(d) Hold the Intellectual Property or the rights to commercialise the proposed solution.
(e) If successful, undertake to conduct SBIR program-related research and development work in NSW.
If your business is not headquartered in NSW, you are still eligible to apply for the SBIR program provided that your business conducts the majority of its research and development and production in NSW.
Yes. In fact, joint applications between NSW SMEs and NSW-based research organisations (including universities) are encouraged. As the SME you must lead the project and submit the application. In your application, you must describe who the project partners are and what each organisation will contribute to the feasibility study.
You are encouraged to work with NSW partners, including other NSW SMEs and research organisations. You may partner with organisations outside NSW. For example, a business or university in another state or overseas. However, if successful, you will need to conduct the SBIR program-related research and development work in NSW. In practice, this means that you would need to self-fund the portion of the project work outside NSW. For example, if 25% of project work will be undertaken by a partner outside NSW, then the applicant should provide matched funding of at least 25% of the total project cost.
The NSW Government will enter into a funding agreement with each successful SME. The funding will take the form of a cash contribution paid in instalments to the lead SME in the application. The funding agreement will lay out the eligible expenditure, which will include direct costs of the project and eligible labour expenditure. The lead SME will be responsible for distributing the funding to any partners or contractors in accordance with the proposal and funding agreement.