Maitri Research Grants Program 2024

Tender ID: 549902

Tender Details

Tender #:
GO6805  
Status:
Closed
Publish Date:
14 February 2024
Closing Date:
26 March 2024

Tender Description

Appreciation of the India business opportunity remains underdeveloped in Australia, as does an appreciation of the new modalities of doing business that will succeed with India. Moving beyond the traditional buyer-seller mold, new opportunities exist for: co-investment in Australia and India, commercialized knowledge sharing and joint efforts to capture value chains and target markets in Australia, India and third markets. There are also immense opportunities to commercialize Australian research and IP with Indian partners.

The Maitri Research Grants are valued at $1.25 million across two streams, promoting: new forms of industry collaboration; and accelerated commercialization of research. The grants will fund research describing opportunities and challenges of navigating Indian markets and highlighting the successful strategies deployed by businesses and other entities to facilitate commercial success. Grants will also support the creative and effective dissemination of knowledge created to Australian businesses and other relevant parties. The grant opportunity will run from February 2024 to May 2024. The maximum grant amount is $300,000. Co-contributions from the applicant or joint consortium to deliver the projects, either monetary or in-kind will be looked on favorably.

Eligibility:

To be eligible for this grant opportunity you must: have an Australian Business Number (ABN), be registered for the purposes of GST, if required by the Australian Tax Office, be a permanent resident of Australia, have an account with an Australian financial institution, be located in Australia, and not have any outstanding reports, acquittals or serious breaches relating to any Australian Government funding. A serious breach is one that has resulted, or warrants, the termination of an agreement.

The applicant should be one of the following entity types: a company incorporated in Australia, a company incorporated by guarantee, an incorporated trustee on behalf of a trust, an incorporated association, a partnership, a joint (consortia) application with a lead organisation registered charity or not-for-profit organisation, an Aboriginal and/or Torres Strait Islander Corporation registered under the Corporations (Aboriginal and /or Torres Strait Islander) Act 2006.

Total Amount Available (AUD): $1,250,000.00

Estimated Grant Value (AUD): From $100,000.00 to $300,000.00

Instructions for Application Submission:

Applicants must complete and submit an application found in the following SmartyGrants link to apply for grant funding: 2023-24 R1 Maitri Research Program - DFAT’s Foundations, Councils and Institutes (smartygrants.com.au)