Up to $250,000 is available from NSW-Israel R&D and Technological Innovation Program to assist NSW and Israeli organisations work together on joint R&D projects.
NSW-Israel R&D and Technological Innovation Program
The NSW-Israel Research and Development and Technological Innovation Program assists NSW organisations to work together with Israeli organisations on joint research and development projects. Projects should advance market-driven, new and innovative products for the global market and have the potential to contribute to economic growth, skills development and job creation.
The NSW Department of Industry will contribute up to 50% of total NSW project costs up to a maximum of $250,000. The remaining project costs must be covered by the NSW applicant or a third party.
All industry fields are invited to apply, but NSW Department of Industry will contribute an additional 10% of total NSW R&D project costs to a maximum of $250,000 per project for the following priority areas:
- projects based in regional and rural areas of NSW
- businesses considered to be a startup or high growth
- projects in the priority areas of cyber security, water management and agri-technology.
For NSW entities, 50% of the grant funding must be used for R&D expenses. The residual can be used towards growth-related expenses that support R&D, including employee expenses and skills development.
For Israeli entities, grant funding must be used towards eligible and approved R&D expenses.
At least one commercial entity from NSW and one commercial entity from Israel must jointly express a desire to cooperate in the R&D of a new and technologically innovative product, service or process. NSW and Israel applicants must be separate legal entities, with no financial or other ties outside of what has been proposed for this funding process.
The NSW applicant is required to provide a matching co-contribution to the R&D project. This may be sourced from third parties, including the Australian Government. NSW-based academic and research institutions are also able to apply on condition that they have an agreement to partner with a NSW commercial entity.
At least one NSW entity must have an Australian Business Number (ABN) registered in NSW. In addition, that NSW entity must:
- have a registered office and principal place of business in NSW
- be operating as a for-profit organisation.
Applicants must also:
- not source their contribution funding from any other NSW Government program
- not currently be involved in any litigation or impending litigation
- be solvent.
Applications close 9 August 2018.