Minimum Viable Product (MVP) grants are designed for pre-revenue technology startups to help them engage with a potential business customer, or channel to market, to achieve market validation and first sale.

Funding available

An MVP grant is a matched funding grant up to 50% of approved project costs, to a maximum of $25,000.

Successful grant applicants will receive 35% of the funding up-front and 65% after completion and validation of the MVP.

Who is eligible?

MVP grants are available across all industry sectors to startups who are primarily focused on the development of a scalable technology solution.

To be eligible for an MVP grant, a startup must:

• Have an ABN registered in NSW and be based in NSW.
• The business entity must be at pre-revenue stage.
• Have a completed proof of concept (e.g. customer interviews, surveys, or focus groups).
• Have a potential business customer (B2B) or business channel to market (B2C).
• Have a scalable solution that can be deployed to multiple customers.
• Hold IP or the rights to commercialise.
• Demonstrate that 80% of development costs will occur in NSW.
• Demonstrate adequate matched funding has been secured for the project.

How to apply

MVP grant applications are available online and are open all year round.

You must meet the eligibility requirements listed above to apply.