Deadline: 23-Apr-21
The Department for Innovation and Skills has launched a call for proposals for the South Australian Innovation Challenge to attract research investment and take South Australian products and services to the world.
Demonstrate South Australia’s capability to harness frontier technologies across the research and innovation value chain to develop new products or services that augment the ability of a person at any stage of life to live independently, productively, with dignity and wellbeing, and create early market advantage for South Australian businesses.
Objectives
The objectives of the SA Innovation Challenge are to:
- harness South Australia’s research capability and collaboration networks to deliver new to world innovative solutions to meet a commercial market need
- kickstart a step-change in a new or existing industry sector to transform that sector and create early market advantage for South Australian business
- spotlight South Australia’s research excellence, collaboration networks and pathways to commercialisation to a global audience.
Funding
With $1 million committed from the Government of South Australia to implement the SA Innovation Challenge, proposals that include co-investment, cash and in-kind, will be favourably received.
Outputs
The outputs and performance measures of the SA Innovation Challenge will focus on:
- stimulating business expenditure on research and development
- translating research and ideas into commercial products and services
- establishing and scaling new and existing businesses
- attracting venture and risk capital investment
- increasing researchers in industry and collaborative publications
- developing high-value STEMM skills and jobs.
Eligibility Criteria
- Applicants must be a trading business incorporated in Australia, be financially viable, have an Australian Business Number (ABN), be non-tax exempt and registered for the Goods and Services Tax (GST).
- Consortia applications are welcome subject to the lead applicant’s ability to enter into a funding agreement with the Government of South Australia.
For more information, visit https://www.innovationandskills.sa.gov.au/innovation/innovation-challenge