Matched funding and expertise for SMEs
Up to $50,000 matched R&D funding to de-risk early investment in R&D.Tailored IP arrangements.University specialised expertise and infrastructure without the extensive capital costs.Quantifiable data points and evidence to present to your potential partners, investors and customers.A dedicated TRaCE facilitator to quickly launch your project and match you with the right R&D expertise and resources.• 1:1 matched funding between $10,000 to $50,000 for eligible projects.
• The funding must be matched with cash, not in-kind services.
• Applicants can contribute additional funds beyond the matched amount.
TRaCE reserves the right to limit the number of approved applications and vouchers available in a given financial year based on demand and availability of resources to service projects.
Flexible IP arrangements are available and negotiated on a case-by-case basis.
Eligible applicants must:
• Have an ABN or ICN.
• Have an annual turnover or operating expenditure of less than AUD $100M within the last two financial years.
• Not have previously received a TRaCE R&D Voucher within the last two years.
• Demonstrate project alignment with the TRaCE research themes.
• Conclude their project within a maximum of 12 months from the start date.
Activities not eligible for funding include:
• Capital works and expenditure.
• Infrastructure costs.
EOIs will be received on a rolling basis and assessed according to appropriate fit with TRaCE themes and availability of services. Please allow 10 business days for an outcome.
If an EOI is chosen to progress, the organisation will be placed in touch with a Program Facilitator and assisted to submit a full application including detailed project purpose, scope, timing, budget and deliverables – all co-designed.
With a TRaCE R&D Voucher you can:
• De-risk early investment in R&D thanks to matched funding.
• Rapidly establish a project with the view to testing its feasibility and potential to scale.
• Leverage university R&D infrastructure without incurring extensive capital costs.
• Liaise with a dedicated TRaCE Program Facilitator to have your project needs matched with relevant R&D expertise and resources.
• Come away with quantifiable data points and evidence to present to potential partners, investors and customers.
We have dedicated program facilitators to help you get your projects up and running quickly, with ongoing support throughout.
