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Minimum Viable Product Grants

Grant Closes: Ongoing Value: Up to $25,000 Run By: NSW Government Further Information: https://www.nsw.gov.au/topics/support-for-startups/minimum-viable-product-grants

MVP grants are available to pre-revenue technology startups for the development of scalable technology solutions.

An MVP grant is a matched funding grant up to 50% of approved project costs, to a maximum of $25,000. Successful grant applicants will receive 35% of the funding up-front and 65% after completion and validation of the MVP.
To be eligible for an MVP grant, a startup must:

  • Have an ABN registered in NSW and be based in NSW.
  • The business entity must be at pre-revenue stage.
  • Have a completed proof of concept (e.g. customer interviews, surveys, or focus groups).
  • Have a potential business customer (B2B) or business channel to market (B2C).
  • Have a scalable solution that can be deployed to multiple customers.
  • Hold IP or the rights to commercialise.
  • Demonstrate that 80% of development costs will occur in NSW.
  • Demonstrate adequate matched funding has been secured for the project.
Last Updated: 17th of January 2022
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