Cooperative Research Centres Projects (CRC-P) Grants

Cooperative Research Centres Projects (CRC-P) Grants

  • Applications for Round 16 are open until 5 June 2024.
  • Funding matches range from $100,000 to $3 million, with grants available for a maximum duration of three years.

CRC-P Grants facilitate short-term research collaborations led by industry, effectively bridging the gap between researchers and industry. The initiative focuses on driving research and development efforts towards viable commercial applications.

Key Requirements

The Australian Government has committed a total of $823 million over four years to the program, spanning from 2023-24 to 2026-27. Both CRCs and CRC-Ps are funded from this appropriation, with no specific amount allocated to each funding stream.

For CRC-Ps, there is no fixed amount allocated per round, but previous rounds have ranged from $30 million to $50 million. The number of CRC-Ps funded in each round, and the total funding committed, will depend on factors such as the number and quality of applications, requested funding amounts, available funds, and the need to ensure funding for future rounds.

  • minimum grant: $100,000
  • maximum grant: $3 million
Applicants are required to contribute to their projects. The grant amount covers up to 50% of total eligible project expenditure, including eligible expenses and allowable in-kind contributions.

Remaining project costs must be covered by applicant and partner contributions.

This grant supports short-term (up to 3 years), industry-led research collaborations focused on:
  • developing products, services, or processes to address industry challenges and deliver tangible outcomes
  • benefiting small to medium enterprises (SMEs)
  • including education and training activities.

The application form aligns with the following assessment criteria:

  1. Project alignment with program objectives
  2. Project quality
  3. Capacity, capability, and resources to deliver the project
  4. Impact of grant funding on the project

What is eligible for funding?

For your project to be eligible, it must:

  • have a minimum total eligible project value of $200,000
  • be a short-term, industry-led collaborative research project aimed at developing a product, service, or process that addresses industry challenges and yields tangible outcomes
  • provide benefits to SMEs by enhancing their capacity to thrive and adapt in dynamic markets
  • incorporate eligible activities outlined below.
Eligible activities must directly contribute to the project and include at least one of the following:
  • new research
  • proof of concept activities
  • Pre-commercialisation of research outcomes
  • industry-focused education and training initiatives, such as internships and secondments between industry entities and research organisations
  • conferences, workshops, and/or symposia pertinent to the collaborative research
  • information sharing and communication initiatives related to the collaborative research.
Grant funds can only be allocated to eligible expenditure incurred on agreed project activities as outlined in your grant agreement.

What companies are eligible for funding?

Each CRC-P requires an industry-led collaboration with a lead SME applicant who drives the project. Only eligible lead applicants can seek grant funding and submit applications on behalf of project partners. Upon successful application, the lead applicant assumes responsibility for project management within the collaboration.

To be eligible, you must:

  • have an Australian Business Number (ABN)
  • qualify as an SME at the time of application (if part of a consolidated tax group, the group must have fewer than 200 employees)
  • be one of the following entities:
    • an Australian-incorporated trading corporation, where trading activities significantly contribute to the corporation’s overall operations
    • an incorporated trustee representing a trust where trading activities significantly contribute to the overall operations of the trust

Each CRC-P must include and maintain, throughout the project’s duration, at least:

  • two Australian industry entities
  • 1ne Australian research organisation

Partners are not obliged to commit resources for the entire project period but are required to make cash and/or in-kind contributions to the CRC-P.

Is this grant competitive or entitlement based?

Competitive. Your application will be assessed among other applications by a judging panel.

How can I increase my chances of winning this grant?

By engaging an accredited government grants consultant, such as Avant Group.

Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis, and more.

As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.

Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable, and a breakdown of the management and leadership team for the project

  • Industry analysis presentation
  • Competitor Analysis Presentation
  • Marketing and Sales Analysis Presentation
  • 3-5 year Cashflow Forecast
  • 3-5 year Balance Sheet Forecast
  • Cost-Benefit Analysis of Grant Funding
  • End-to-end grant application including information collating, analysis, and application writing
  • CAPEX (Capital Expenditure) cost-benefit analysis
  • Stakeholder Relations and Risk Mitigation Plans
  • Any other relevant forecasting that will support your application

How can I get help with my application? Or know if I’m likely to win funding?

Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.