NSW Physical Sciences Fund

The Physical Sciences Fund is a competitive development and commercialisation program for technological innovations in NSW.

NSW has great strengths in research across a wide range of scientific fields. The Physical Sciences Fund (PSF) aims to build on these strengths by supporting the translation of research into devices and systems ready for commercialisation.

The PSF is a $5 million fund that aims to deliver significant social, economic and environmental benefits to NSW by providing financial support for the development of new and innovative devices and systems within NSW, across the branches of physical science and engineering, including physics, chemistry, astronomy and the earth sciences.

The PSF will provide funding support through a competitive process to individuals, companies, research institutes and universities to take local innovations to market.

The Media Release announcing the launch of the PSF can be found here.

2020 Physical Sciences Fund

The Office of the NSW Chief Scientist & Engineer is now accepting preliminary applications to the second round of the PSF.

The PSF application process is in two stages:

Preliminary Applications

  • Applicants must complete a preliminary application (early screening document). The application's eligibility will be determined, the proposed project will be reviewed and its commercial potential assessed.
  • Applicants must submit a two-minute video clearly explaining the scientific and technological basis for the device/system (including imagery), how it works, the intended outcome/benefit to NSW and how the funding would be used to drive commercialisation.
  • The Expert Panel will invite a shortlisted group of applicants to provide a short presentation and answer questions.

Preliminary applications close at 11.59pm on Thursday 28 May 2020.

A preliminary application form can be downloaded here:

Physical Sciences Fund Preliminary Application Form

You must submit an electronic copy of the application (in PDF format) and video to: raap.grants@chiefscientist.nsw.gov.au


The OCSE recognises the COVID-19 pandemic may impact your R&D activity and the extent might not be fully known to you yet. If you have any concerns about how COVID-19 might impact your business or proposal, please email us at raap.grants@chiefscientist.nsw.gov.au to arrange a time to discuss further.

Please note that if successful, we anticipate you will receive the funds in one single payment by January 2021 to support your proposal.

We understand the need to be flexible in these uncertain times and we will consider requests for adjustments to project deliverables and timelines in light of any COVID-19 impacts.

Full Applications (invitation only)

  • The PSF Expert Panel will invite a selected number of applicants to submit a more detailed application (full application).
  • The Expert Panel will assess the full applications and determine which applicants will be invited to present at interview.


Guidelines about eligibility, selection criteria, assessment processes and other information can be found here:

Physical Sciences Fund Guidelines


Frequently Asked Questions on the PSF can be found here:

Physical Sciences Fund FAQ

Important dates

3 April 2020Preliminary applications open
28 May 2020Preliminary applications close
August 2020Shortlisted applicants present to the Expert Panel
September 2020Full applications requested
October 2020Shortlisted applicants present to the Expert Panel
December 2020Successful applicants announced

Please note dates are subject to change

Expert Panel

The PSF Expert Panel can be found here:

Expert Panel

2019 PSF

The applications that were successful in attracting funding in the inaugural PSF were announced on 10 December 2019 by the NSW Minister for Planning and Public Spaces, the Hon. Rob Stokes MP.

Details of the successful funding recipients can be found here.

Photography from the evening can be found here.


Christina Newman
Office of the NSW Chief Scientist & Engineer
(02) 9338 6772 | christina.newman@chiefscientist.nsw.gov.au