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Australian Department of Education’s 2nd Economic Accelerator Seed Grants now open

Rare Earth Minerals. Image: American Geosciences Institute

Applications for the second round of Australia’s Economic Accelerator (AEA) Seed Grants are now open. Entries close on 5 May 2023.

This program provides funding of between $50,000 and $500,000 per project to projects that are seeking to test research relevance against commercial outcomes. Funding.

Tranche 2 Grant Guidelines can be viewed here 

The AEA is designed to build a pipeline from discovery research through to commercialisation, ensuring Australia reaps the benefits of investment in research within the university sector.

AEA Seed acts as a pilot for the stage one grants known as AEA Ignite. The full AEA program will run over 10 years from 2023 – 2032, supported by the $1.6b investment by the Australian Government into university research commercialisation.

AEA Seed grants are available to support proof-of-concept projects (Technology Readiness Level 3 to 5). Eligible applicants may apply for grants of between $50, 000 and $500, 000 for up to 12 months per project. Applications for the first tranche of AEA Seed grants opened on Monday 6 February 2023.

Projects must be aligned with the priorities of the National Reconstruction Fund outlined on the Department of Industry, Science and Resources website. Priority consideration will be given to projects addressing the four priority areas of:

Tranche One

  • renewables and low emissions technologies (e.g., hydrogen, micro-grids, and lithium/rare-earth elements processing)
  • medical science (e.g., synthetic biology, mRNA vaccines, and remote medicine)

Tranche Two

  • value-add in resources (e.g., provenance of rare earth minerals, advanced minerals extraction, data driven mining and mining automation and robotics)
  • value-add in agriculture, forestry and fisheries sectors (e.g., provenance of product, digital agriculture, supply chain transformation and alternative proteins)

Projects must be completed between three to 12 months from the project’s commencement. Under the AEA, projects can exit after completing an AEA Seed project, with no obligation to proceed through the other stages.

Please read the AEA Seed Program Guidelines and review the FAQs before applying. Should you have any further questions please contact the AEA Grants Team at accelerator@education.gov.au.

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