AEA is a $1.6 billion program taking a new approach to commercialising academic research.
Australia has some of the best universities in the world. Researchers at our universities are working on ideas that could shape the nation and transform lives for the better. AEA will help to achieve this by supporting the journey from cutting-edge research to the products and services of the future.
Priority research areas
To receive AEA funding, projects must be in one of the Australian Government identified priority areas of the economy, outlined in the National Reconstruction Fund Corporation (Priority Areas) Declaration 2023.
These are:
Within the above priorities, individual rounds of AEA grants may prioritise projects that align with particular AEA Focus Areas. For more information on current Focus Areas see the AEA Advisory Board's Annual Investment Plan 2024-25.
Who we are
AEA is a new type of research funding program.
It empowers the brave, bold and inspired. It supports their passion and curiosity.
It cuts through barriers and it bridges the ‘valley of death’ between great ideas and commercial success.
It challenges research culture and encourages innovators to reach their full potential.
It helps Australian researchers pursue big goals by navigating the journey to commercialisation.
Goals
We will encourage researchers to take risks and try new things.
We want to provide clear pathways to commercialisation.
We want to build strong links between industry and research.
We want to inspire Australian innovation and entrepreneurship.
We want to grow and diversify Australia’s economy.
We want to shape Australia’s future.