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NSW Government Grants to Help Kickstart Your App Business

Andrew Jeffers | May 14, 2018

Have you ever had a great business idea or a great app idea, and you thought, “Wow! I’d like to take this forward! It’s going to make a difference. I can do something in a particular industry and I can make a change”?

Not a fan of government funds? Discover how crowdfunding can help you launch a startup.

NSW government grants for Australian startups

The government has come out with a rehashed grant that was around about five years ago. This NSW Government grant is called the MVP (Minimum Viable Product).

If you are in the software development, you more than likely understand the acronym MVP. It is a term used to refer to the least amount of cash that you need to invest in a product or an idea in order to make it viable.

In other words, it is the cost involved in taking a product from idea to implementation, up to a point where potential clients will say, “I’ll take it.”

Very often this product or service is in Beta mode, which means it is still undergoing testing and will be improved based on customer feedback.

Beta (or the “2.0 version”) is an iteration of a particular product with which somebody’s come forward.

Launching a startup? You need three things: a mentor, the right business structure and a reality check. Learn more here.

How does the NSW government grant work?

It maximises your dollar for dollar, up to $25,000, in order to progress the idea from initial concept, to proof of concept, into your MVP.

You will need to come up with your idea, test it and talk to some regulators to see if it is viable. You might also need to do some market research and tests to see if people are interested in purchasing your product. These are all part of the things of having a proof of concept.

For example, if you were going to decide to launch balloons in NSW, you would have to go and talk to (maybe) the aviation authority and a balloon expert.

The NSW Government grant is a great grant to try out when you want to launch a new service or product to the market. It can be the little “push” you need and get you to get some funds to get that product out there.

Get your facts right: discover the startup funding essentials.

How to successfully apply for a NSW Government grant

Luckily for you, our team at Shuriken Consulting has extensive experience in assisting brainy business owners to launch their idea in the business space. If you want to be sure that you will get the NSW government grant for your MVP, contact us today.

About Me

Andrew Jeffers

Current Rating: 4.88 / 5
Sydney, New South Wales
0423 308442
A lot of accountants offer financial services. Of course, Shuriken goes beyond that. Shuriken is at the forefront of accountancy, providing clients with a broad range of services, coaching and mentoring. Here you can connect with experts who understand what is important to you: building your business and helping you grow.

To add value, we have four client-focused divisions:

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