This round of the Business Research and Innovation Initiative (BRII) focuses on regulatory technology (RegTech) which uses digital technologies to streamline or enhance compliance for businesses or individuals, and administration for government.

What do you get?

Grants from $50,000 to $100,000 for regulatory technology project feasibility studies. If your feasibility study is successful, you may receive up to $1 million to develop a proof of concept.

Who is this for?

Small to medium enterprises with a regulatory technology project.

What are the challenge topics?

1. Using technology to help identify and assess poor market disclosure by listed companies (ASIC). View: Webinar video | Webinar Q&A | Fact sheet

2. Using technology for remote and automated monitoring of export livestock health and welfare (DAWE). View: Webinar video | Webinar Q&A | Fact sheet

3. Using technology for a streamlined path to marine autonomous systems assurance (AIMS). View: Webinar video | Webinar Q&A | Fact sheet

4. Using technology for real-time and accurate asbestos testing (ASEA). View: Webinar video | Webinar Q&A | Fact sheet

What are the eligibility criteria?

To be eligible you must have an Australian business number (ABN) and be an entity, incorporated in Australia or an individual or partnership, provided you agree to form a company incorporated in Australia to enter into a grant agreement.

We can only accept applications where you have a combined annual turnover of less than $20 million for each of the 3 financial years prior to the lodgement of the application and you provide all mandatory attachments.

Joint applications are acceptable, provided you have a lead organisation who is the main driver of the project and is eligible to apply.

If you are controlled by a Publicly Funded Research Organisation, including university spinoffs with at least 40% university ownership, you must have annual turnover in isolation of less than $20 million for each of the 3 financial years prior to lodgement of the application.

How do you apply?

You should read the grant opportunity guidelines and sample grant agreement before you apply.

To apply, you must submit your application through the online portal. You’ll need to set up an account when you first log into the portal. The portal allows you to apply for and manage a grant or service in a secure online environment.

Applications close 17 June 2021 05:00 PM AEST.

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