Funding for early-stage SA startups to support the commercialisation of an innovative product or service

What do you get?

Matched funding of between $50,000 and $500,000.

Who is this for?

SA early stage, high growth potential businesses.

Overview

There are 2 funding options, based on a business' stage of development:

Seed grants

matched funding of between $50,000 and $100,000 (2:1, $2 government to $1 applicant)
for early-stage businesses to undertake a defined project that will overcome the initial challenges in getting their product or service in to national and international markets
project must be achievable within a 2-year timeframe, and result in a product or service that is unique or has sustainable competitive advantage.

Start grants

matched funding of between $100,001 and $500,000 (1:1, $1 government to $1 applicant)
for early-stage businesses to deliver a defined project that will accelerate the development and commercialisation of their product or service in national and international markets
designed to support businesses that are past the early-seed stage with a product or service ready (or close to being ready) for commercialisation
project must be achievable within a 3-year timeframe, and result in a product or service that is unique or has sustainable competitive advantage.

Feel free to reach out if you need more information or require assistance in submitting the grant application.

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