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Industry Cooperative Innovation Program (ICIP)

Thursday, August 25, 2005 - bsi

The two streams are:

  • Stream A supporting projects can include project scoping or innovation mapping activities in an industry sector.  Maximum funding of $150,000 is available and projects must be completed within 18 months.   For more information on innovation mapping
  • Stream B  is for more extensive cooperative projects that aim at progressing stratiegic innovation and achieving significant benefits for an industry sector. Funding of up to $3 million is available and projects must be completed within three years.  Stream B eligible activities include:
    • Research and development activities: systematic, investigative and experimental activities that involve innovation that will enable development of new products, processes and services in an industry context.
    • Proof of concept activities: the steps necessary to establish the viability, including technical and commercial viability of a product, process or service, in an industry context.
    • Innovation demonstration and adaptation activities: the steps necessary to demonstrate how new products, processes or services that have been proven in one context can be implemented into a new Australian industry context for the benefit of that industry.
    • Innovation implementation activities:  the systematic work necessary for installing and establishing tools, processes, systems and services to implement innovation in an industry. 
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