TechVouchers

Two scientists in greenhouse assessing research

TechVouchers encourages research collaboration between NSW small-to-medium enterprises (SMEs) and Boosting Business Innovation Program (BBIP) delivery partners.

Through TechVouchers, SMEs can be connected with an expert in a relevant field of research and embark on an innovative joint research project. The program also enables access to high tech instruments and facilities that would otherwise be difficult to access.

TechVouchers will be awarded on a competitive basis to eligible NSW companies for amounts up to $15,000. All funding must be matched in cash by the SME.

Priority is given to companies that:

  • have not engaged with universities or other public sector research organisations in the past
  • have not been working with research organisations for more than two years
  • have an existing relationship with a research organisation and can demonstrate that receiving a TechVoucher will result in transformative improvement in the existing collaboration.

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What can I use a TechVoucher for?

Eligible businesses can use a TechVoucher to:

  • seed a research project in partnership with a BBIP delivery partner
  • support a research project that will lead to an application for an Entrepreneurs' Infrastructure Programme Research Connections or Accelerating Commercialisation, or other similar scheme
  • fund access to research facilities and equipment such as electron microscopes, medical imaging, e-research supercomputers, nanofabrication, marine and climate infrastructure, and other BBIP delivery partner facilities
  • fund product or process design activities, such as engineering or technical design expertise to determine prototype structure, function and/or materials
  • access technical assistance
  • trial production runs or processes to demonstrate technical concepts
  • validate or demonstrate technical capabilities of a product, process or technology
  • fund toxicology studies on materials you have invented, or wish to incorporate into a new product.

What is the application process? 

Stage 1

  • Submit an application online. Applicants must have:
    • a quote for their proposed project from one of the 12 delivery partners
    • the last two years profit and loss statements of the company
    • the last two years balance sheet of the company.

Stage 2

  • The application is reviewed by the department in consultation with the delivery partner.
  • If successful, the department endorses the application to the delivery partner for final approval.
  • The delivery partner will contact the applicant notifying them that the application has been successful. An agreement between the company and the delivery partner is drawn up and signed.

Stage 3

  • Project will commence according to agreement.

Stage 4

  • The company and the delivery partner submit completion surveys.
  • The company submits proof of payment for the project.
  • Project is complete.

How much funding can I apply for through TechVouchers? 

TechVouchers will be awarded on a competitive basis to eligible NSW companies for amounts up to $15,000:

  • the voucher amount must be matched by the applicant in cash
  • the voucher will be valid for use with any delivery partner
  • the voucher will be valid for a period of six months from date of issue
  • the voucher will not cover work already undertaken

Am I eligible for a TechVoucher?

In order to be eligible, companies must:

  • be incorporated in NSW
  • have fewer than 200 employees
  • turnover less than AUD$30 million per annum
  • have been in operation for at least one year
  • be able to demonstrate the ability to match the applicable voucher amount in cash
  • conduct the majority of the proposed activities in NSW, in partnership with a BBIP delivery partner

How can I find a delivery partner to collaborate with?

An overview of all of the delivery partners and their contact information is available in the Boosting Business Innovation Program brochure. The delivery partners can assist businesses to find the right researcher to collaborate with to complete their project.