Commercial Ready provides grants from $50,000 up to a limit of $5 million for eligible projects of up to three years in duration. Commercial Ready will fund up to 50% of the project cost. Applicants must be able to demonstrate that they can fund their share of the project cost. To be eligible, a project must be undertaken with the aim of developing, commercialising or establishing the commercial or technical viability of an innovative new product, process or service.
Companies can apply for funding for any or all aspects of the development of a new product, process or service including research and development, proof-of-concept, and early-stage commercialisation up to a stage at which it can be brought to market.
How can PwC help you
PwC offers a wide range of services from a high level review of the Commercial Ready Grant Application to preparation of the application and associated attachments. We discuss with each company its individual circumstances and mutually agree upon the most appropriate level of service.