Driving Business Innovation

$1.5 M is available for SMEs to develop new products and services for government customers.

 

Driving Business Innovation

 

Overview

Driving Business Innovation is a $16 million grants program that supports Victorian small to medium enterprises (SMEs) to develop new products and services for government customers. The Driving Business Innovation program provides SMEs with access to capital (grants funding), customers (government agencies) and collaborators (SME partners).

Under the Driving Business Innovation program, Victorian SMEs with new ideas partner with Victorian Government agencies to co-develop a new technology product or service over a staged development process.

 

Objective

The Driving Business Innovation program provides support at critical stages along the commercial development pathway for a new product or service – from initial ‘concept’ stage into ‘market ready’ technology. Under the Driving Business Innovation program SMEs:

  • prove a concept is technically feasible, build and test a prototype, and design it for manufacture (technical development)
  • analyse the market for the new product/service, develop a robust business model, conduct financial analysis and develop a business plan to bring it to market (commercial development).

 

Technology Challenges

Remote Alert Patient ID (RAPID)

Alfred Health is seeking a hospital ID wristband that has readable reprogrammable chips that allow staff to continually track patient basic vital signs remotely.

Smart Movement & Falls Detection Sensor 

Eastern Health is seeking technology that to investigate a falls risk alert for frail hospital patients.

Tamper-Proof Number Plates

Victoria Police is seeking an alternative to traditional vehicle number plates that are tamper-proof and tamper-evident.

Livestock Data Management

The Department of Environment and Primary Industries (DEPI) is seeking an integrated solution that enables real-time, on-farm animal management and business decision-making to improve the productivity and profitability of sheep farming operations.

Brine Management Technology

Goulburn Valley Water is seeking technology to remove the saline component of industrial wastewater and groundwater streams and allow the treated water to be reused.

Biosolids Resource Recovery

Melbourne Water is seeking a commercially viable method of recovering energy and nutrients from biosolids and creating products that can be sustainably, safely and economically reused.

Non-Invasive Treatment of Tinnitus

Austin Health is seeking a non-invasive, cost-effective treatment to reduce the impact of tinnitus.

In-Home Management & Rehabilitation Tool

The Royal Children’s Hospital is seeking a rapid and accurate assessment and in-home rehabilitation system for treating children with limb motor impairments.

Paediatric Artificial Heart

The Royal Children’s Hospital is seeking an artificial heart to reduce the need for organ transplant in paediatric patients with congenital heart disease.

MRI Image Processing Technology

Melbourne Health is seeking a clinical system to assist both radiologists and treating specialists such as neurologists to better diagnose, follow-up and co-ordinate clinical management of patients in a variety of serious conditions such as Multiple Sclerosis.

Parkinson’s Disease Management

Melbourne Health is seeking an objective clinical assessment regime that can be used in public hospitals to assess multiple symptoms and allow for optimal treatment of Parkinson’s disease.

 

Stages

The Driving Business Innovation program has a number of stages:

  1. Technology Challenge – Victorian government agencies identify a particular challenge to the delivery of their products or services. These Technology Challenges are then released to the market through a Call for Proposal inviting the SME market to propose new technology solutions to the government challenges.
  2. Feasibility Study – Selected SMEs receive a grant up to $75,000 to undertake a Feasibility Study into their proposed solution over three months.
  3. Proof of Concept – Feasibility Study reports are then assessed for further funding of up to $1 million to undertake research and development to Proof of Concept stage over 18 months. The Proof of Concept project leads to a working demonstration of the developed product in the government agency’s environment.
  4. Market Ready – Following delivery of their Proof of Concept report, SMEs will be invited to submit a Business Plan to be assessed for the Market Ready stage, providing further funding of up to $500,000 (matched) to undertake activities aimed at bringing their developed solution to market.

 

Expert Assistance

Writing a good quality grant application is a critical element in the application process. An application needs to be well thought through, written concisely, have clear objectives and purpose, and show clear links to the objectives of the grant guidelines.

The grant application must answer all questions, provide all required information and respond to the merit criteria. It should also reflect your organisation’s business strategy.

Writing a good application takes time and effort, and requires particular writing skills.

Bulletpoint are expert grant consultants and can assist with all aspects of grant preparation. We are an independent grants consultancy and not affiliated, associated nor endorsed by any government agency.

We know what it takes to secure this grant.

Call us on 1300 658 508 or email to discuss further.

 

Timing

The Round 2 Call for Proposal stage closes on Thursday 16 October 2014. 

 

Application Questions

1. Organisation core responsibilities

Maximum 200 words

  • Describe your organisation’s core business and responsibilities. (List any references including URLs that are relevant to your area of operation.)
  • How does this project fit within your organisation’s activities, priorities and policies?  (Attach any policy documents that are relevant to your particular area of operation.)
  • Describe how the Technology Challenge would fulfil a critical need within your organisation’s particular area of operation.

2. Technology challenge 

Maximum 300 words

  • Describe the nature of the problem and its context in relation to your organisation and your particular area of operation.
  • Describe in general the functional requirements of a potential solution.

NOTE: the full technical and commercial requirements of the potential solution are sought in Section 6. The answer provided here should be a high-level summary of expectations.

3. Commercial need

Maximum 300 words

  • Estimate and explain the annual cost of the problem to your organisation.
  • Estimate the level of anticipated cost savings to your organisation through the implementation of a successful solution.

4. Other benefits

Maximum 250 words

Describe any other potential benefits of a developed solution:  Economic /Environmental/Social

5. Market failure/Innovation requirements 

Maximum 200 words

  • Summarise the research you have undertaken into existing possible solutions in the marketplace, and explain why these do not adequately address the identified need from a technical and commercial perspective.
  • What technical innovation do you think will be required to achieve the solution being sought?  Is this innovation realistic within the bounds of current technology and timing and cost parameters of the program?
  • Indicate whether this application has been prompted by a potential developer of a solution. If so, describe the current arrangements between your organisation and the provider.

6. Criteria for success

Maximum 500 words

*Describe the functional, technical and commercial pre-requisites for a successful solution. This description could include:

  • Functional attributes; what the technology must do/achieve, how quickly or precisely it must do it, capacity/throughput, etc.
  • Physical limitations; operating conditions, regulatory requirements, OH&S issues, number and capability of operators, service-availability requirements, compatibility with existing systems and infrastructure, etc.
  • Commercial requirements and limitations; unit or capital-cost range, operating and maintenance-cost expectations, likely commercial model (e.g. lease, buy, etc.).
  • Environmental and social considerations.

Describe the minimum expected deliverables for the technology capability at the end of a proof of concept stage.

*NOTE:  The description of technology requirement should not be too prescriptive in nature, but should provide SMEs with guidance about the functional capabilities and commercial imperatives that their proposed solution must meet.

7. Departmental and organisational commitment

Maximum 200 words

  • Is your organisation committed to host the project?
  • What in-kind resources (facilities, people) can be made available to the SME for the duration of the project?
  • What resources would be devoted to this project?  (List the technical and project-management skills of the support personnel who would be assigned to the project.)
  • How do you propose acceptance testing of the developed solution will be conducted in your organisation?
  • Comment on the likelihood of your department and/or organisation procuring the developed solution should this solution adequately address all requirements.
  • Describe any potential barriers to this procurement.

NOTE: The Department will provide further guidance on procurement issues for participating hosts as the project progresses.

8. Keywords

List keywords relating to the project that will aid SMEs in their development of proposed technology solutions to meet your requirements.

9. References

List and attach all relevant references (including e.g. books, academic papers and website material) that could provide supplementary information for SMEs to develop a better understanding of the technological capabilities required for the R&D work in the project.

10. Existing relationships

Describe any existing relationships with SMEs or other organisations that are relevant to this application.

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