Business Research and Innovation Initiative (BRII) – Australian Cyber Security Strategy Challenge

What is the Business Research and Innovation Initiative – Australian Cyber Security Strategy Challenge?

The BRII – Australian Cyber Security Strategy Challenge funds SMEs to develop solutions for validating the authenticity of government information, offering $50,000–$100,000 for feasibility projects and up to $1 million for proof-of-concept.

Background

The Australian Government recognises the importance of securing the authenticity of its communications in an era of increasing cyber threats and misinformation. The BRII – Australian Cyber Security Strategy Challenge supports SMEs in addressing this critical challenge, fostering innovation to protect public trust and confidence in government information. This initiative aligns with the government’s broader commitment to national cybersecurity.

Challenges

The BRII – Australian Cyber Security Strategy Challenge focuses on the question:
“How do we validate the authenticity of the information disseminated by the Australian Government?”

This challenge addresses key issues such as countering misinformation, mitigating risks posed by generative AI, and implementing robust cybersecurity measures.

Objectives

The program aims to:

Stimulate innovation within Australian SMEs to tackle cybersecurity challenges.
Develop practical and effective solutions for validating government communications.
Support the commercialisation of innovative cybersecurity technologies.
Strengthen collaboration between the government and private sector innovators.

Eligible Entities

To apply for funding, applicants must:

Be an Australian small to medium enterprise (SME).
Have an Australian Business Number (ABN).
Have an annual turnover of less than $20 million for the last three financial years.
Be incorporated in Australia.

Eligible Expenditure

Eligible costs include:

Direct expenses associated with the feasibility study or proof-of-concept development.
Costs incurred during the project period, as outlined in the grant agreement.
Expenditures on technical assessments, market evaluations, and cybersecurity-related activities.

Eligible Activities

Funding supports activities such as:

Assessing the technical feasibility of solutions for authenticating government information.
Investigating the novelty and unique aspects of the proposed solutions.
Evaluating the market potential of solutions in Australia and internationally.
Addressing any cybersecurity risks tied to the proposed solutions.
Additional activities approved on a case-by-case basis that align with program objectives.

Funding

SMEs can apply for:

Feasibility Grants: Between $50,000 and $100,000 to test the viability of their solutions.
Proof of Concept Grants: Up to $1 million for successful feasibility projects to develop working prototypes.

How to Get the Business Research and Innovation Initiative (BRII) – Australian Cyber Security Strategy Challenge

To apply successfully:

Demonstrate how your solution addresses the government’s cybersecurity challenge.
Highlight the innovation and benefits of your solution compared to current offerings.
Provide a detailed project plan, including timelines, milestones, and risk management strategies.
Outline the commercial potential of your solution and your approach to market entry.
Showcase your team’s experience and capability to deliver the project effectively.
Include a comprehensive budget showing how funds will be used to achieve project goals.

Timing

Applications close: December 18 2024, 5:00 pm AEDT.

More Information

Source

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