AEA Innovate 

INNOVATE GRANTS

Compulsory Expression of Interest (EOI) now closed. Full applications open 18 September.

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How much: Up to $5 million.

How long: Up to 24 months.

Who to: An eligible higher education institution (Table A or Table B university, or ‘University College’).

What for: A university to support commercialisation of projects that already have proof of concept. For example, the funding can be used to:

  • demonstrate proof of scale (must start at TRL 5, 6 or 7)
  • develop and test prototypes of new products, processes or technology services.

Level of business/investor contribution:

  • these projects must be collaborations with industry and/or investor partners
  • AEA funding must be matched with cash and in-kind contributions from industry and/or investor partners, at least 50% co-funding
  • industry/investor partners are expected to be fully engaged in the project.