The Northern Territory's Business Innovation Program provides financial support for businesses and startups looking to innovate. Open year-round, this state government grant aims to promote job creation, education, and community development across the NT’s regional areas. Whether you’re a for-profit or nonprofit, this grant offers funding to help bring your innovative ideas to life, with no co-contribution required.
If you’re a Northern Territory (NT) start-up or entrepreneur with an innovative idea, you can apply for the Business Innovation Program (BIP).
The program helps businesses develop and commercialise innovative concepts.
It provides mentoring, funding, investment and networking opportunities.
Participants can get up to $30,000 funding and help from an advisor to progress and commercialise their concept.
What you can get
You can get up:
- $30,000 in government grant funding
- $2,000 in advisory services from an approved advisor
- $10,000 for expenses incurred in commercialising your innovation.
You can also get access to services that connect you with other businesses and experts.
Before you apply
You must read and accept the program terms and conditions.
Business Innovation Program terms and conditions PDF (731.4 KB)
Business Innovation Program terms and conditions DOCX (1.3 MB)
Who can apply
You can apply if you are an NT business and have a valid Australian business number.
How to apply
Apply online via GrantsNT.
Program structure
The program is run in the following 3 stages. Before you begin, you will undergo an enrolment process.
During this process, you will nominate an advisor from an approved list to help you with stage one.
To ensure your advisor is a good fit for your business, you should contact them beforehand.
You can view the list of approved advisors on the Innovation website.
