Industry Growth Program launched

This week, the Australian Government launched the highly anticipated $392M Industry Growth Program, designed to fuel the growth of SMEs & start-ups.

The program replaces the previous Accelerating Commercialisation grant program and is for innovative businesses seeking to commercialise and grow within the National Reconstruction Fund’s priority areas, including:

  • renewables and low emissions technologies
  • medical science
  • transport
  • value-add in the agriculture, forestry and fisheries sectors
  • value-add in resources
  • defence capability
  • enabling capabilities

Program participants gain access to a dedicated Industry Growth Program Adviser providing tailored advice for their commercialisation and growth projects, with program grants due to open in 2024.

For more information, visit our Industry Growth Program page, or view the government website.


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