Industry Growth Program

Supporting innovative small to medium enterprises (SMEs) and startups to commercialise their ideas and grow their businesses.

Innovative SMEs and startups play a crucial role in the economy but many have difficulty bringing their ideas to market. The Industry Growth Program supports early-stage businesses in their most challenging development phase.

About the program

The program supports innovative SMEs undertaking commercialisation or growth projects that will build Australian capabilities in priority areas for the National Reconstruction Fund (NRF):

  • renewables and low emissions technologies
  • medical science
  • transport
  • value-add in the agriculture, forestry and fisheries sectors
  • value-add in resources
  • defence capability
  • enabling capabilities.

It aims to help businesses: 

  • commercialise their ideas into new products, processes and services, and grow their operations
  • improve their ability to engage in national and international markets 
  • better position themselves to seek future investment and scaling opportunities, including through the NRF.

It complements the NRF’s mission to drive investment in projects that develop Australia’s industry and manufacturing capability. This will help to transform Australia’s economy.

How the program works

The program has 3 core elements:

  • Industry Growth Program Advisers around Australia provide tailored advice to support commercialisation and growth projects.
  • Businesses who receive this advice may be able to apply for matched grant funding opportunities (upcoming).
  • Industry Partner Organisations provide specialist sectorial expertise, advice and services to participating businesses (upcoming).

Read how we consulted with industry and the public on the program design.

How we administer the program

Our department administers the advisory services and grant opportunities. An Executive Director oversees the program and supports the national network of Industry Growth Program Advisers.

The Industry Growth Program’s Independent Assessment Committee has a strategic advice and investment role. It will recommend grant funding for businesses that meet eligibility and merit-based criteria.

We will evaluate the program to measure how well it meets objectives and intended outcomes. Participating businesses will need to report on their progress and outcomes they’ve achieved through the program.

Meet the Executive Director

Executive Director, Industry Growth Program
David has over 20 years' experience in senior executive roles in Australia and internationally driving business growth and success. He is a champion of industry innovation and business transformation.

Meet the advisers

Adam Clarke
Industry Growth Program adviser | Victoria and Tasmania
Chris Burnett
Industry Growth Program adviser | Queensland
Cinnamon Pollard
Industry Growth Program adviser | New South Wales
Clare Treston
Industry Growth Program adviser | Queensland
Daniel Gronowski
Industry Growth Program adviser | New South Wales
Donna Patane
Industry Growth Program adviser | Queensland
Grant Steinberg
Industry Growth Program adviser | South Australia and Northern Territory
James Reeves
Industry Growth Program adviser | Western Australia
Josh Garratt
Industry Growth Program adviser | South Australia and Northern Territory
Juli Forrest
Industry Growth Program adviser | Queensland
Liz Keane
Industry Growth Program adviser | New South Wales
Paul Mason
Industry Growth Program adviser | Victoria and Tasmania
Peter Batchelor
Industry Growth Program adviser | Victoria and Tasmania
Rachel Falzon
Industry Growth Program adviser | Western Australia
Robin Fieldhouse
Industry Growth Program adviser | New South Wales and Australian Capital Territory
Dr Tony Aitchison
Industry Growth Program adviser | Queensland
Tony Shannon
Industry Growth Program adviser | New South Wales and Australian Capital Territory
Tony Sinclair
Industry Growth Program adviser | New South Wales

Latest news

A group 4 people in an office looking at a computer screen, smiling.

Industry Partner Organisations to receive $10.8 million in grant funding

We’re seeking not-for-profit industry organisations to receive IPO grants between $500,000 to $2 million as part of the Industry Growth Program. Applications close on 16 February.
A woman in a small warehouse leans against some equipment. A man behind her lifts a tray of plants off a shelf.

Industry Growth Program launches advisory service

The Industry Growth Program is officially open for business. Start-ups and innovative small-to-medium businesses can now apply for expert advice on getting their ideas to market.

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