About the Incubator Support Initiative
The $23 million Incubator Support initiative supports the Australian Government’s commitment to: •assist Australian start-ups to develop the capabilities required to achieve commercial success in international markets and realise their economic potential faster than they otherwise would •develop Australia’s innovation ecosystem including in regional areas. The initiative provides grant funding through two components to deliver Incubator Support projects, both of which require a funding contribution from applicants. These are: •New and Existing Incubators •Expert in Residence In addition to these granting components, regional incubator facilitators are available to assist potential applicants, particularly in regional areas, to engage with the initiative. The initiative will also assist successful applicants to access public data, and will promote start-ups through case studies on the data.gov.au portal. The objective of the Expert in Residence component is to: •increase the capabilities of incubators and improve the chance of commercial success for start-ups in international markets by organising and providing access to top quality research, managerial and technical talent through incoming and outgoing secondments of national or international experts. The initiative’s intended outcomes are to: •support new Australian incubators targeting innovative start-ups to assist them to trade internationally •expand the scale and operations of existing Australian incubators to increase innovative start-ups’ chances of success in international markets •develop new innovative Australian start-ups with a focus on international markets •create opportunities for Australian start-ups to develop sustainable businesses through access to open public data.