The Facts and Falsehoods of Commercialisation Australia: Six myths exposed

The Commercialisation Australia program, the successor to the Government’s COMET scheme, has proved a boon to many and a bane to others. Inevitably it was  going to have a few teething problems. As with any new incentive program, it can involve navigating the industry-specific details to work out whether it’s right for your business. Here,  Adrian Spencer  explains the pros and cons that the grant can provide for those in the technology sector.

Myth 1: CA supports Research and Development (R&D) and Commercialisation activities

Myth 2:  Aim to Double Dip

Myth 3: You can make anything seem like Pre-Commercialisation activities

Myth 4: Good ideas are better than financial security

Myth 5: The ‘Need for funding’; a Catch-22

Myth 6: Early Stage Commercialisation (ESC) is a grant that converts into a loan