Date/Deadline: 29 Oct, 2021

The COVID-19 TechVoucher program provides support funding for technology-rich startups, scaleups or small and medium enterprises (SMEs) to collaborate with Publicly Funded Research Organisations (PFROs) to accelerate the commercialisation of innovative R&D products and services that address the many disruptions caused by the COVID-19 pandemic.

Examples of activities funded by TechVouchers include:

– Access to research facilities and equipment such as electron microscopes, medical imaging, and other PRFO delivery partner facilities
– Product or process design, such as engineering or technical design expertise to determine prototype structure, function or materials.
– Validating or demonstrating technical capabilities of a product, process or technology including clinical trials and in-market validation.
– Funding toxicology studies on materials that could be incorporated into a new product.
– Testing and certification for supply of products.
– Enhancing existing product capabilities or enabling entry to international markets.

Who is this for?

Startups, scaleups or small and medium enterprises (SMEs) that have a product or service that directly addresses the impact of COVID-19 .

What are the funding opportunities?

Two funding streams are available:

Stream 1: Smaller R&D projects
Stream 2: Larger R&D projects

A TechVoucher will fund up to 50 per cent of all invoices issued by a PFRO partner to the maximum value of the voucher for each Stream.

The TechVoucher is the NSW Government contribution of up to 50 per cent of the cost of the R&D project. The business co-contribution is a minimum 50 per cent of the project budget. The business co-contribution may comprise up to 25 per cent in-kind contribution representing personnel costs, which is to be reported in a statutory declaration by the business.

Funding will be provided for eligible and approved projects until the first of:

– Available funding is exhausted, or
– Final deadline for applications.

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