Fostering Innovation Sponsorship Program

About

The Fostering Innovation Sponsorship Program provides funding to support events and activities that enhance the innovation ecosystem in New South Wales, aiming to connect startups with investors, promote equitable participation, and help founders scale their businesses, with applications opening on April 14, 2025, and closing on May 5, 2025.

Benefits

• Supports events and activities that grow NSW’s innovation ecosystem
• Increases access to innovation for people and businesses across NSW
• Supports startups in regional NSW and Western Sydney
• Connects NSW startups with investors and venture capitalists
• Helps founders commercialise and scale their ideas

Eligibility Criteria

• Must be a legal entity
• Have an Australian Business Number (ABN) or be a registered not-for-profit
• Hold public liability insurance of at least $10 million
• Registered for Goods and Services Tax (GST)
• Have a business account with an Australian bank
• Cannot be an individual, trust, partnership, or unincorporated association
• Cannot be a government agency unless a Government Corporate Entity
• Cannot be currently receiving program funding for the same activity