The NSW Bushfire Commercialisation Fund (BCF) has a total amount of grant funding of $8 million for the first round that aims to accelerate the development, commercialisation and adoption of bushfire technologies and services in NSW.
Deadlines and Timings
The following are the important dates to keep in mind:
Preliminary applications open: 19 July 2022
Preliminary applications close: 5PM AEST on 12 September 2022
Shortlist presentation to expert panel: November 2022
Final applications request: December 2022
Final applications close: February 2023
BCF announcement: March 2023
Overview and Grant Amount
The objective of the BCF is to enable businesses to progress bushfire technology along the commercialisation pathway or adapt existing technology for use in bushfire management or operations, through the provision of competitive grant funding. Funding will be in the range of $200,000 to $8 million over a period of 1 to 3 years distributed in a single payment to each successful applicant.
The applicant must demonstrate:
- how the device/system will attempt to solve a problem related to bushfire prevention, preparation, mitigation, or recovery
- significant potential economic, environmental, and social benefits to NSW
- an existing prototype/proof-of-concept
- a clear path to commercialisation
Eligibility and Criteria
To be eligible for the BCF, you must be:
- a financially viable commercial enterprise based in NSW; have an Australian Business Number (ABN); and be an Australian-registered company; or
- an individual who agrees to form such an entity with which NSW Department of Enterprise, Investment and Trade (DEIT) can enter into a legally binding funding agreement; or
- a NSW public research organisation applying through its appropriate technology transfer office or the chief executive officer (or equivalent) of the research organisation that will become a separate entity before entering into a legally binding funding agreement with NSW DEIT
- headquartered in NSW and demonstrate that most of the project activities will take place in NSW
- demonstrate that the technology has reached a minimum of Technology Readiness Level (TRL) of 3 and does not exceed TRL 7
- hold the Intellectual Property or the rights to commercialise the device/system
- demonstrate that any funding from the NSW Physical Sciences Fund (PSF) does not duplicate activities in the BCF application and is unique to commercialise bushfire-related technology
Joint applications between a business entity and research-based organisations (including universities) are encouraged. However, the business entity must lead the project and submit the grant application.
Funding may be prioritised if there is a clear contribution to NSW Government priorities. Funding can be used for:
- prototyping and piloting studies
- conducting market and product assessments
- salaries and access to external expertise that is directly related to delivery of the project
- commercialisation strategies and commercial feasibility studies
- specialist equipment and/or infrastructure necessary to progress the project
- intellectual property protection or advice
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