introducing the minimum viable product (mvp) grant · minimum viable product (mvp) minimum viable...
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Offering grants to promising NSW startups to help them find their feet
INTRODUCING THE
MINIMUM VIABLE PRODUCT (MVP) GRANT
In a nutshell:
Pre-revenue startups
Promising pre-revenue startups can receive up to
50% of approved project costs (up to $25,000 ex
GST) for product development and to gain
customer feedback
Minimum Viable Product(MVP)
Minimum Viable Product
POC to MVP
NSW ABNPre-revenue Hold IP or
rights to commercialise
Business
Customer/Channel
to market
Scalable
80% NSW Dev
Matched fund6 Months max
Applications open all year round.
Competitive assessment against criteria and other applications.
Eligibility
Four Assessment Criteria
Strength of Business Model
Market size Value of potential customer or
Channel to market
Management
Level of Innovation
Uniqueness
of idea
Technological
innovation
Accelerated
market adoption
Industry Sector Benefits
Industry benefits Market gap Scale to other sectors
Economic Benefits
Job creation Export potential Regional benefits
STARTUP CASE STUDY - MVP
Vapar
Startup grant helped artificial intelligence technology
to find faults in stormwater and sewage pipelines.
• In June 2018, MVP funded the company with a Minimum
Viable Product grant, helping them to advance their
prototype to take to market, with the support of the Northern
Beaches Council.
• A SAAS platform that uses computer vision and machine
learning to automate manual reviews for defect identification
of CCTV footage taken from small diameter sewer and
stormwater pipes.
“ “
Amanda Siqueira, CEO and Co-founder
The MVP grant allowed us to build the beta version of our product and experiment with different approaches. This led to our first paid projects that resulted in wider customer adoption.
STARTUP CASE STUDY – MVP + BP
RoboHelixStartup grant funds the commercialisation of the
RoboHelix machine - the world’s first robotic
technology for making augur and drill screw
segments called ‘flights’.
• In August 2018, Jobs for NSW supported the company
with a Building Partnerships grant to commercialise and
export the technology to Germany, the US and the
Netherlands.
• RoboHelix partnered with NSW businesses Medina
Engineering, Laser Wizard and StripCo to produce the
robotic machines.
“
“
David Gardner, CEO
It’s very challenging to go from working in your garage to exporting globally so we’re hugely grateful to Jobs for NSW for supporting us through our initial stages and now our expansion which has been critical.
Next steps: How to apply for a startup grant
Read the MVP and Building Partnerships grant guidelines to see which product best suits your startup.
Visit the Jobs for NSW website
www.jobsfornsw.com.au
Make sure your business satisfies the eligibility criteriaand you have your supporting documents ready
Submit your
application!
Please note: Assessment is competitive process and all applications are reviewed against the eligibility criteria, and are
subject to a peer review panel.
Not sure if your startup is eligible? Contact us
Contact
Startup program
Call: 1300 JOBNSW (1300 562 679)
Visit: jobsfornsw.com.au
Email: [email protected]
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