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NSW launches $20 million emerging tech commercialisation fund

NSW has launched a $20 million emerging technologies commercialisation fund and announced the recipients of a bioscience startup grant.
NSW innovation blueprint tech central emerging tech commercialisation fund
NSW Minister for Innovation, Science and Technology Anoulack Chanthivong Anoulack Chanthivong speaks to the media during a press conference in Sydney, Monday, September 23, 2024. Source: AAP Image/Bianca De Marchi.

The NSW government has launched a new $20 million fund aimed at helping startups and innovative companies turn emerging technologies into commercial products. It also announced new grants for several bioscience startups.

Innovation, Science and Technology Minister Anoulack Chanthivong revealed the Emerging Technologies Commercialisation Fund at an event at Sydney’s climate tech hub, Greenhouse, last week.

The fund was first outlined in the 2025–26 NSW budget and forms part of the government’s Innovation Blueprint, its broader plan for supporting innovation and research commercialisation in NSW.

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