Special guest will be David Schloeffel, an Industry Growth Program Adviser from central Victoria, who will answer all your questions.
The Industry Growth Program (IGP) is an Australian Government initiative for startups and SMEs (small and medium enterprises under $20m turnover), undertaking innovative commercialisation and/or growth projects who are seeking advisory help with those projects and potentially some funding. The projects must be innovative, in that they involve new, unique, or significantly different products, services, or processes in the market or industry where the product/service/process is intended to be sold/traded.
The projects must also sit within the government’s seven priority areas for the NRF (National Reconstruction Fund) – value-add in agriculture, forestry, and fisheries; transport; renewables, and low emissions technologies; medical science; value-add in resources; defence capability; enabling (technology) capabilities. Ultimately, the projects must in some way help build Australian manufacturing capability for the future.
IGP has three major components:
- Advisory Service – Experienced Advisers provide specialised advice to approved applicants to help them develop and commercialise their projects (usually centred on innovative new products, services, or processes).
- Grants – Following the Advisory Service, businesses may choose to apply for one of the two IGP matched funding grant opportunities – the early-stage commercialisation grant ($50-250K) or the commercialisation and growth grant ($100k – 5m).
- Industry Partner Organisations – Industry bodies who supply specific programs or services exclusively for IGP clients. These may include one-on-one advice, industry connections, capability building programs, webinars, or seminars / conferences.
For more information and to apply, go to www.business.gov.au/IGP
