[Joakal]

I tried to get into it. They have wanted solid metrics, customers willing to buy, etc. And I haven't even started my project because I was in middle of university. I later decided to bootstrap, gut a lot of stuff and continue doing university.

Although they'll pay and train you once you get in, there's no assistance if you wanted to bootstrap. The person was very nice but said while it's a pretty novel project and nationally beneficial, that's how the program is at the moment.

It seems like they only wanted to fund small competing businesses, not innovative businesses.

You would be more better off with this scheme:

http://www.commercialisationaustralia.gov.au/