Closed

Business Research and Innovation Initiative (BRII) – Regulatory Technology

Tender ID: 453284


Tender Details

Tender #:
GO4622  
Status:
Closed
Publish Date:
16 April 2021
Closing Date:
3 June 2021

Tender Description

⁠⁠⁠The Business Research and Innovation Initiative occurs in 3 stages.

Stage 1 Challenge Selection

The Minister for Industry, Science and Technology approved the following 4 challenges for the Regulatory Technology Round:

  • Using technology to identify and assess potential poor disclosure by listed companies (ASIC)
  • Using technology for remote and automated monitoring of export livestock health and welfare (DAWE)
  • Using technology for a streamlined path to marine autonomous systems assurance (AIMS)
  • Using technology for real-time and accurate asbestos testing (ASEA).

Stage 2 Feasibility study

We ask for applications from eligible entities to undertake a feasibility study that responds to one of the current key government challenges.

The maximum grant for each feasibility study is $100,000 with a maximum period of 3 months. The BRII Regulatory Technology Round has $2 million available for all feasibility studies.

Stage 3 Proof of concept

If your study shows that your idea is feasible, you can apply to develop a proof of concept. Only applicants who successfully complete feasibility studies can apply for proof of concept funding.

The maximum grant amount is $1 million with a maximum period of 15 months. For the BRII Regulatory Technology Round there is an estimated $8 million available for all proof of concepts. 



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