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Find similar grantsBusiness Innovation Program (BIP) is sponsored by Northern Territory Government. The Business Innovation Program helps Northern Territory startups and entrepreneurs develop and commercialise innovative concepts, offering a mix of funding, mentoring, and access to Start NT at the Darwin Innovation Hub.
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Business Innovation Program (BIP) NT Open – monthly EOI intake NT Department of Industry, Tourism and Trade Up to $30,000 for development and up to $10,000 for commercialisation NT-based businesses across all sectors Co-contribution Required? Yes – minimum 50 % (≥ 25 % cash) Purpose and Program Overview The Business Innovation Program (BIP) is a grant for start-ups and entrepreneurs in the Northern Territory.
The program intends to help businesses with innovative ideas. It assists them to develop and commercialise their concepts. The program’s objective is to support the Northern Territory’s innovation ecosystem.
It provides mentoring, funding, and networking opportunities. This helps businesses turn new ideas into commercially successful products. The Business Innovation Program is part of the Northern Territory Business Innovation Strategy.
It supports the Territory’s economic growth by encouraging investment in start-ups. It helps to diversify the local economy. Grant amount or funding range: Up to $30,000 for development, and up to $10,000 for commercialisation expenses.
Application open and close dates: Applications opened on 30 June 2024 and close on 30 April 2025. Eligible industries or business types: The grant is for start-ups and entrepreneurs with innovative ideas. Required co-contributions: The program offers a refund of up to $2,000 for advisory services.
Beyond this, applicants are responsible for any costs above the grant funding. Location/state/territory applicability: The grant is for businesses located in the Northern Territory. The BIP grant is open to a broad range of sectors.
The focus is on the innovation and commercial potential of the business concept. Minimum and maximum amounts per stream: The program is split into stages. Stage 1 provides up to $2,000 for advisory services.
Stage 2 provides up to $30,000 for product development. Stage 3 provides up to $10,000 for commercialisation expenses. Categories or streams of funding: Funding is for planning, development, and commercialisation.
Project timeline or eligible funding duration: The program is structured in three stages. The specific timeline for each project is determined with an advisor. The total funding pool for this program is not stated.
Business structure or size: The grant is for start-ups and entrepreneurs. Registered business location: The business must be based in the Northern Territory. ABN/GST status: An active ABN is required.
Compliance obligations: Applicants must have a valid Australian Business Number. They must have also completed the Immediate Business Acceleration Program. Eligible Activities and Expenses Business Innovation Program NT grant supports activities related to commercialising an innovation.
Eligible activities and expenses include: Advisory services from an approved advisor. Costs to develop a Minimum Viable Product (MVP). Expenses incurred during the commercialisation stage.
This is a competitive grant. Applications are assessed on their merit. The key evaluation criteria are: The strength of the value for the Northern Territory.
The likelihood of the idea to scale up and attract investment. The application period for the current round is now open. The Business Innovation Program continues to offer support through its three-stage structure.
You must undergo an enrolment process first. Nominate an approved advisor from the provided list. Work with your advisor to create an innovation project plan.
Ensure your business is a Territory Enterprise. Consider consulting with a professional grant specialist like Pattens Group. We offer initial assessments to review your business’s eligibility and evaluate how well your project aligns with the grant’s objectives.
You can also visit relevant government websites for application templates and further guidance. Interested in Business Innovation Program (BIP) NT? Disclaimer: This grants search engine exclusively searches for business grants and does not include community grants or grants for nonprofit organisations.
Based on current listing details, eligibility includes: NT startup or business with an innovative idea, a valid ABN, and operating in the Northern Territory. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $250,000 for Early-Stage Commercialisation grants; up to $5 million for Commercialisation and Growth grants Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
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Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.
Note: Each funding opportunity description is a synopsis of information in the Federal Register application notice. For specific information about eligibility, please see the official application notice. The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available on GPO Access at: http://www.access.gpo.gov/nara/index.html. Please review the official application notice for pre-application and application requirements, application submission information, performance measures, priorities and program contact information. Purpose of Program: The purpose of this program is to stimulate technological innovation in the private sector, strengthen the role of small business in meeting Federal research or research and development (R/R&D) needs, increase the commercial application of the U.S. Department of Education (Department) supported research results, and improve the return on investment from federally funded research for economic and social benefits to the Nation. Catalog of Federal Domestic Assistance (CFDA) Number: 84.133S-1. If you choose to submit your application electronically, you must use the Governmentwide Grants.gov Apply site at http://www.Grants.gov. Through this site, you will be able to download a copy of the application package, complete it offline, and then upload and submit your application. You may not e-mail an electronic copy of a grant application to us. You may access the electronic grant application for the SBIR Program at: http://www.Grants.gov. You must search for the downloadable application package for this competition by the CFDA number. Do not include the CFDA number's alpha suffix in your search (e.g. , search for 84.133, not 84.133S). The telephone number for the Grants.gov Helpdesk is 1-800-518-4726 or e-mail: support@grants.gov. Funding Opportunity Number: ED-GRANTS-090908-001. Assistance Listing: 84.133. Funding Instrument: G. Category: ED. Award Amount: Up to $75K per award.
NIST invites applications for a program involving technical and business engagement activities directed at small businesses participating in NISTs Small Business Innovation Research Program. The TCAP recipient will provide NIST SBIR Phase I and/or Phase II recipients with technical and business expertise and resources to identify optimum pathways to promote successful transition of the Phase I and/or Phase II results to commercialization. Funding Opportunity Number: 2014-NIST-SBIR-02. Assistance Listing: 11.620. Funding Instrument: CA. Category: ST.
This Funding Opportunity Announcement (FOA) invites Small Business Innovation Research (SBIR) grant applications from small business concerns (SBCs) for funding to perform research leading to the development of innovative technologies that may advance progress for early detection and assessment of individuals at risk and for early diagnosis, prognosis and follow-up of type 1 diabetes (T1D). Funding Opportunity Number: RFA-DK-15-024. Assistance Listing: 93.847. Funding Instrument: G. Category: FN,HL. Award Amount: $2M total program funding.