NSW universities and other public research organisations are home to a vast array of highly skilled people and cutting edge technology.
TechVouchers has been established to drive opportunities for research collaboration between NSW small-to-medium enterprises (SMEs) and public sector research organisations (PSROs). The program seeks to promote and demonstrate to SMEs the opportunities available from collaborating with, or using the services of PSROs.
TechVouchers benefits both industry and the public research sector by assisting SMEs with funding to help them engage with the NSW public research community and their research facilities.
Through TechVouchers, you can connect with an expert in your field and engage on a joint research project, or you could access high tech instruments and facilities for testing and feasibility studies.
TechVouchers is now open and priority will be given to:
- companies which have not engaged with universities and public sector research organisations in the past;
- companies which have not engaged with research organisations for more than two years;
- companies with existing relationships with research organisation and can demonstrate that the allocation of a TechVoucher will drive transformative improvement in the existing collaboration.
What can I use a TechVoucher for?
You can use a TechVoucher to:
- seed a research project in partnership with a research organisation
- support a research project that will lead to an application for an Entrepreneurs' Infrastructure Programme Research Connections or Accelerating Commercialisation (AC), or other similar schemes
- fund access to research facilities such as electron microscopes, medical imaging, e-research supercomputers, nanofabrication, marine and climate infrastructure and other facilities under the Australian Government's NCRIS program and Super Science Initiative
- fund product or process design activities (e.g. use engineering or technical design expertise to determine prototype structure, function and/or materials)
- technical assistance
- trial production runs or processes to demonstrate technical concepts
- validation or demonstration the technical capabilities of the product, process or service, scale-up, stability or reproducibility of a process
- fund toxicology studies on materials you have invented, or wish to incorporate into your new product
TechVouchers will be awarded on a competitive basis to eligible NSW companies for amounts up to $15,000:
- the voucher value must be matched by the applicant in cash and in-kind (please note SME staff time is not included for in-kind contribution calculations)
- the voucher will be valid for use at any NSW based public research organisation
- the voucher will be valid for a period of 6 months from date of issue
- the voucher will not cover work already undertaken
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 and in kind;
- conduct the majority of the proposed activities in NSW, in partnership with a NSW-based PSRO, including universities or other public sector facilities.
How to Apply
Please submit an application form
TechVouchers is administered by NSW Department of Industry, the NSW Government's economic development agency.
The Funding Process
- SME submits application to TechVouchers. PSROs may not submit an application on an SME's behalf
- If no PSRO is identified, a scope of work may be requested for distribution to our research co-ordination contacts in NSW PSROs
- Application is competitively assessed
- SME submits last two years Profit and Loss Statements of their company. If Profit and Loss statements demonstrate a loss, other evidence of available capital to cover the research costs must be produced. SME also submits quote from the chosen research organisation
- Agreement between the SME and the Department is drawn up
- Project is reviewed by Manager, Entrepreneurship Programs and Director, Industry Development
- If project is successful, Agreement signed and sent to SME
- A Purchase Order is created for work to be undertaken at the chosen research organisation. Once the Purchase Order has been created, project work may commence.
- SME and PSRO Completion Surveys, and proof of payment by the SME to the research organisation are submitted to the Department
- The PSRO invoices the Department for its agreed share of the work undertaken.
- Project is complete