Support to access growth funding and advisory pathways for innovative businesses ready to scale.
An Australian Government program that supports innovative SMEs with tailored advice and potential funding pathways to commercialise and grow.
The Industry Growth Program is designed to help innovative small and medium enterprises develop commercialisation and growth pathways. It combines expert advisory support with potential access to matched grant funding for eligible projects.
Its purpose is to help promising Australian businesses overcome commercialisation barriers, strengthen manufacturing capability and accelerate innovation-led growth in priority sectors.
For scaling businesses, the program can improve funding readiness, sharpen commercial strategy, strengthen growth planning and provide clearer pathways to market expansion.
Innovative SMEs undertaking commercialisation and or growth projects that can help build Australian manufacturing capability in one or more National Reconstruction Fund priority areas.
Projects may align with value-add in resources, value-add in agriculture, forestry and fisheries, transport, medical science, renewables and low emissions technologies, defence capability, or enabling capabilities.
Eligible businesses can receive tailored advisory support. After the advisory stage, businesses may choose to apply for matched grants ranging from $50,000 to $250,000 for early-stage commercialisation and $100,000 to $5 million for commercialisation and growth projects.
An adviser helps assess the opportunity, test the business model and develop commercialisation or growth recommendations. After receiving the advisory report, eligible businesses may apply for grant funding through the program.
We help innovative Australian SMEs understand the Industry Growth Program, assess their readiness, strengthen their commercialisation strategy and prepare for the advisory and funding pathway. The program is designed to support eligible businesses developing innovative projects in Australian Government priority areas.
We review your business, project, innovation stage and growth objectives to determine how well you align with the Industry Growth Program and identify any gaps that should be addressed before applying.
We help organise your project information, commercial objectives and supporting material so your Advisory Service application clearly communicates the innovation, opportunity and potential growth pathway.
We work with you to strengthen the commercial case behind your project, including market readiness, scaling priorities, development milestones and the pathway from innovation to market.
Where your business completes the Advisory Service and receives an Advisory Service Report, we can help prepare for relevant matched funding opportunities, including the commercial and project information required for a competitive application. IGP grants currently range from $50,000 to $5 million, covering Early-Stage Commercialisation and Commercialisation and Growth opportunities.
A structured pathway to help you assess fit, strengthen your project and move through the Industry Growth Program with greater clarity.
Review your business, project and innovation stage to identify potential program fit, commercial readiness and any gaps that may need attention.
Organise the business, technical and commercial information needed to clearly demonstrate your project’s innovation, market opportunity and growth potential.
Support your preparation for the government’s Industry Growth Program Advisory Service, which is the required first stage before a business can apply for an IGP grant opportunity.
Use the advisory findings to refine your commercialisation plan, project milestones, market strategy, funding requirements and scaling pathway.
Where appropriate, prepare for the relevant matched funding opportunity with a stronger project case, structured supporting information and a clear use-of-funds strategy.
Support the implementation of your commercialisation and growth strategy as your business progresses toward market readiness, scaling and broader commercial opportunities.
For more than 30 years, Vebiz has helped Australian businesses navigate innovation, funding, grants and growth with practical advice and real commercial insight.
From R&D and business incentives to export growth and strategic advisory, we support over 1,000 businesses with tailored guidance, national experience and a results-driven approach.
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The Industry Growth Program supports innovative Australian businesses seeking to commercialise products, processes or services and develop pathways for future growth.
Yes. Support can include market positioning, commercial pathways, funding requirements, business modelling and priorities for taking the innovation to market.
Not necessarily. Suitability depends on the stage of development and the specific pathway being pursued. Early assessment can help determine whether your project is sufficiently developed.
Yes. The program is designed to support businesses through commercialisation and growth pathways, making strategic planning an important part of the process.
Useful information can include your business plan, innovation details, target market, commercialisation strategy, financial position, intellectual property and evidence of market opportunity.
Vebiz can provide guidance around readiness, funding strategy, application preparation and the information required to present your opportunity clearly.
Commercialisation readiness refers to how prepared your business is to take an innovation from development into the market. This may involve validating demand, establishing a business model, protecting IP, securing funding and preparing for scale.
Commercialisation readiness refers to how prepared your business is to take an innovation from development into the market. This may involve validating demand, establishing a business model, protecting IP, securing funding and preparing for scale.
The program may suit innovative businesses that are developing commercial opportunities and need support to improve commercialisation readiness, business capability or growth planning.
Vebiz can review your business, innovation, commercial objectives and stage of development to assess how well your opportunity aligns with the program.
From business advisory and grants to R&D tax support, strategic innovation, and global growth, Vebiz helps Australian businesses access opportunities and move forward with confidence.
