What the Industry Growth Program funds — matched grants for commercialising innovation in National Reconstruction Fund priority areas — and where AI projects can fit.
dgm is an independent osFoundry integration partner — not affiliated with osFoundry’s maker (OS LLC), and dgm has no completed client integrations yet.
The Industry Growth Program (IGP) is the federal successor to Accelerating Commercialisation, offering advice plus matched grants for innovative SMEs — and AI projects can fit if they sit in a priority area.
| Item | Detail |
|---|---|
| What it is | Advice + matched grants for commercialisation/growth |
| Early-stage grants | $50,000–$250,000 (matched) |
| Commercialisation/growth grants | $100,000–$5,000,000 (matched) |
| Eligibility | Turnover under $20M; NRF priority area |
What the Industry Growth Program funds
The IGP provides an advisory service plus matched grants for startups and SMEs commercialising or growing an innovative product, process or service in a National Reconstruction Fund priority area. It offers $50,000–$250,000 for early-stage commercialisation and $100,000–$5,000,000 for commercialisation and growth projects, with the business matching the funding. It replaced Accelerating Commercialisation (which closed 9 May 2023).
Whether AI projects fit
AI and software projects qualify only if they sit within an NRF priority area (such as ‘enabling capabilities’, medical science, or value-add in resources or agriculture). Generic SaaS unconnected to a priority sector is unlikely to fit. Eligibility requires combined annual turnover under $20M in each of the prior three years and Australian incorporation.
How to apply
Applications are open year-round (rolling), but funding is allocated quickly. Start at business.gov.au. Important: these are programs a business applies for directly with the government agency or, for the R&D Tax Incentive, claims through a registered tax adviser. dgm is an independent AI-integration agency — not a registered or approved program deliverer, an Industry Growth Program adviser, or a registered R&D tax agent. dgm can help scope and build the AI project; eligibility and any claim are determined and lodged by you or a registered adviser. Program parameters, amounts, rates and round windows change frequently — confirm the current details on the official program page before relying on them.
Where dgm fits
dgm is an independent integration partner that helps Australian businesses adopt osFoundry — scoping a first use case, handling the build, and connecting AI to the systems you already run. dgm can help you scope the AI project that a program would fund — but you apply to the program (or claim the R&D Tax Incentive with a registered adviser) directly. dgm is independent of osFoundry’s maker (OS LLC) and has no completed client integrations yet, so everything described here is a service offered, not a past result. If you want to scope a practical first project, dgm can help you map it out.