2025-26 MVP Ventures Program

About

The 2025-26 MVP Ventures Program, organized by the NSW Government, offers grants to startups and entrepreneurs in New South Wales, Australia, providing funding up to AUD 75,000 to support the commercialization of innovative products. Eligible businesses must meet specific criteria, including having a valid ABN, being headquartered in NSW, and maintaining a turnover below AUD 400,000. The program aims to foster diversity in the innovation ecosystem by prioritizing support for women, regional, and Indigenous entrepreneurs, ensuring that projects have strong innovation potential and commercial viability.

Benefits

• Up to AUD 50,000 funding for eligible businesses, with a 50% co-contribution required
• Up to AUD 75,000 for women-owned, regional, and Indigenous or Torres Strait Islander-owned businesses, with a minimum 25% co-contribution
• Supports commercialization activities to keep innovation in NSW
• Prioritizes support for diverse entrepreneurs to enhance the innovation ecosystem
• Competitive assessment ensures projects have strong innovation potential and commercial viability

Eligibility Criteria

• Must have a valid Australian Business Number (ABN)
• Headquartered in New South Wales (NSW)
• Must have an official Australian deposit-taking institution account
• Must be registered as an Australian company or an Indigenous or Torres Strait Islander company
• Must hold intellectual property or commercialization rights
• Annual turnover must not exceed AUD 400,000 in the past three years
• Must have no more than 10 full-time equivalent employees
• Project must be conducted in NSW and completed within 12 months
• Technology readiness level (TRL) must be between 3-9
• Must meet specific funding stream conditions for diverse businesses