NSW MVP Ventures
A$20,000–A$50,000 covering up to 50% of eligible cost in Stream 1, or A$20,000–A$75,000 covering up to 75% in Stream 2 for qualifying women-owned, regional, or Aboriginal and Torres Strait Islander businesses · Investment NSW
NSW MVP Ventures is a grant programme from Investment NSW for Early-stage technology startups based in New South Wales, Australia, validating an innovative minimum viable product Current lifecycle: closed. Real economics: A$20,000–A$50,000 covering up to 50% of eligible cost in Stream 1, or A$20,000–A$75,000 covering up to 75% in Stream 2 for qualifying women-owned, regional, or Aboriginal and Torres Strait Islander businesses.
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Key facts
| Funder | Investment NSW |
| Amount | A$20,000–A$50,000 covering up to 50% of eligible cost in Stream 1, or A$20,000–A$75,000 covering up to 75% in Stream 2 for qualifying women-owned, regional, or Aboriginal and Torres Strait Islander businesses |
| Decision time | No universal final-decision time is published; submitted rounds move through eligibility, competitive assessment, independent panel and ministerial decision. |
| Eligibility | A qualifying NSW business must commercialise an innovative pre-market product at TRL 3–9, conduct funded activity in NSW over 3–12 months, hold the IP or commercialisation rights, and provide the stream-specific cash contribution. |
| Restrictions | Awardees execute the funding agreement and report eligible NSW project activity, milestones, outcomes and expenditure. Projects must be 3–12 months, advance TRL 3–9 and use only eligible NSW expenditure; the grant percentage never removes the cash co-contribution. |
| Status | closed |
Always confirm on the official page before applying — dates and terms change.
Application process
- Submit a complete SmartyGrants application
- Pass eligibility review
- Receive competitive assessment on innovation, commercialisation and deliverability
- Undergo independent-panel review
- Receive the Minister's final decision
Background
Investment NSW operates NSW MVP Ventures. This pass separates direct cash, repayable finance, credits, incentives and umbrella programs so later ranking does not compare unlike instruments. Round 1 supported 22 startups The 2025–26 program committed up to A$3 million and reserved up to half of each round for each of two access streams
How the application really works
Submit a complete SmartyGrants application → Pass eligibility review → Receive competitive assessment on innovation, commercialisation and deliverability → Undergo independent-panel review → Receive the Minister's final decision
Tips
- Show direct fit with innovative products aligned with NSW Industry Policy Missions.
Watch out for
- Current lifecycle is closed.
- Awardees execute the funding agreement and report eligible NSW project activity, milestones, outcomes and expenditure.
- Projects must be 3–12 months, advance TRL 3–9 and use only eligible NSW expenditure; the grant percentage never removes the cash co-contribution.
Track record
- Round 1 supported 22 startups
- The 2025–26 program committed up to A$3 million and reserved up to half of each round for each of two access streams
One round's award count is public, but application totals and a comparable acceptance rate are not.
Frequently asked questions
- Is this actionable now?
- closed. Round 3 closed 10 April 2026; the A$3 million 2025–26 program had three competitive rounds and current applications are under assessment.
- What is the real economic value?
- A$20,000–A$50,000 covering up to 50% of eligible cost in Stream 1, or A$20,000–A$75,000 covering up to 75% in Stream 2 for qualifying women-owned, regional, or Aboriginal and Torres Strait Islander businesses
- Who is eligible?
- A qualifying NSW business must commercialise an innovative pre-market product at TRL 3–9, conduct funded activity in NSW over 3–12 months, hold the IP or commercialisation rights, and provide the stream-specific cash contribution.
- How does selection work?
- Submit a complete SmartyGrants application; Pass eligibility review; Receive competitive assessment on innovation, commercialisation and deliverability; Undergo independent-panel review; Receive the Minister's final decision. No universal final-decision time is published; submitted rounds move through eligibility, competitive assessment, independent panel and ministerial decision.
- What burden and restrictions apply?
- Awardees execute the funding agreement and report eligible NSW project activity, milestones, outcomes and expenditure. Projects must be 3–12 months, advance TRL 3–9 and use only eligible NSW expenditure; the grant percentage never removes the cash co-contribution.
- What evidence exists?
- Round 1 supported 22 startups The 2025–26 program committed up to A$3 million and reserved up to half of each round for each of two access streams One round's award count is public, but application totals and a comparable acceptance rate are not.
Related grants
Sources
- www.nsw.gov.au/business-and-economy/innovation/grants-and-programs/mvp-ventures-program — Official closure, funding streams, eligibility, assessment and application route (checked 2026-08-10)
- www.nsw.gov.au/ministerial-releases/mvp-ventures-program-now-open-for-new-applications — Official Round 1 award count and current stream context (checked 2026-08-10)