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The $12 million AEA Seed Grants Tranche 3 is now open for applications.
Grants between $50,000 and $500,000 are available to support applicants seeking to test research relevance against commercial outcomes.
Tranche 3 will support projects for research commercialisation activity in the following 3 priority areas identified in the National Reconstruction Fund, with a special emphasis on projects that focus on advanced and additive manufacturing technologies in:
- transport,
- defence capability, and
- enabling capabilities.
Projects outside of these priorities may be considered if funding allocations are not fully utilised.
The $1.6 billion AEA program is supporting the translation and commercialisation of Australia’s world-leading research.
Collaboration among business, industry, research organisations and universities is critical to commercialising and translating Australia’s great ideas. They are also integral to solving important societal challenges, driving business innovation, and improving Australia’s long-term economic prosperity.
Nearly 50 projects have already been awarded over $10 million as part of the AEA Seed Grants to advance projects in areas such as medical science, and renewables and low emission technologies.
AEA is funding projects that align with national priorities to help take innovative ideas through to proof of concept and scale as projects progress towards commercialisation – and to new businesses.
All entrepreneurial-minded researchers at Australian universities are encouraged to apply.
AEA Seed is a pilot program running ahead of the full implementation of the AEA and is supporting proof-of-concept projects equivalent to Technology Readiness Level 3 to 5.
AEA Seed is an opportunity to test and refine program assumptions and demonstrate the capacity of the program to deliver on its intended outcomes prior to the full implementation of AEA.
Tranche 3 opened on 15 December 2023 and will close 9 February 2024.
For more information on the grants, visit the AEA Seed webpage and for regular updates on the AEA, follow the AEA LinkedIn page.