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Business Research and Innovation Initiative (BRII) – Regulatory Technology Round

ClosedGrant Closed: 3rd of June 2021 - 5:00 pm Value: Up to $100,000 Run By: Australian Government Department of Industry, Science, Energy and Resources Further Information: https://www.business.gov.au/grants-and-programs/business-research-and-innovation-initiative

The program provides small to medium sized enterprises (SMEs) with grant funding to develop innovative solutions for government policy and service delivery challenges.

The objective of the program is to drive innovation within SMEs and government by encouraging the development of innovative solutions by SMEs to public policy and service delivery challenges.

In Stage 2, applications can be submitted from eligible entities to undertake a feasibility study that responds to one of the current key government challenges.

The four challenges for the RegTech Round Feasibility Study Grants are:

  • Using technology to help identify and assess poor market disclosure by listed companies Challenge agency: Australian Securities and Investment Commission (ASIC)
  • Using technology for remote and automated monitoring of export livestock health and welfare Challenge agency: Department of Agriculture, Water and the Environment (DAWE)
  • Using technology for a streamlined path to marine autonomous systems assurance Challenge agency: Australian Institute of Marine Science (AIMS)
  • Using technology for real-time and accurate asbestos testing Challenge agency: Asbestos Safety and Eradication Agency (ASEA)


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.

Last Updated: 17th of May 2021
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