A NSW Government website

Accelerator in Residence – Operator

Eligible businesses were invited to express interest in operating a $975,000 accelerator program that builds local innovation and capability in technology and cyber. Applications have closed.

Our vision

The 2021 NSW Cyber Security StrategyExternal Link outlines how the NSW Government will build cyber resiliency and support the growth and competitiveness of the NSW cyber industry.

About the Accelerator

The Accelerator in Residence Program, an initiative of the 2021 Cyber Security Strategy, aims to:

  • attract new cyber businesses to NSW, as well as help existing companies increase in scale
  • build local innovation and fast track growth from start-up to scaleup
  • create high value cyber jobs
  • attract investment to NSW cyber businesses above the industry average
  • facilitate export opportunities in global networks.

Grant available

The NSW Cyber HubExternal Link (a business unit of Investment NSW) is looking for a world-leading organisation with a proven track record of running cyber-specific accelerators.

The successful applicant will receive a $975,000 grant to operate the Accelerator over a 3-year period ending June 2024.

Eligibility criteria

To be eligible, the applicant must:

  • have a minimum 2 years’ experience scaling and growing cyber security businesses with resources, networks and mentors that can be leveraged or demonstrated ability to do so
  • have a NSW based ABN or an intention to register such an ABN if application is successful
  • align with the 2021 NSW Cyber Security Strategy
  • satisfy relevant NSW Government and Australian Government policy and legislative requirements.

In the case of joint applications (for example, an application from an international-based organisation in partnership with an Australian organisation), the lead applicant must have a NSW based ABN (or intention to register one).

Refer to the expression of interest document for full evaluation criteria.

Information session

Information Session: Operating The Accelerator in Residence Program

Transcript

How to apply

Applications have closed. 

Key dates

Expressions of interest opened on 22 December 2021.

Expressions of interest closed at 12:00 pm (midday) AEDT on 4 February 2022. 

You can expect to hear the outcome of your expression of interest by mid February 2022.

Selected applicants will be invited to submit a request for proposal by 5:00 pm AEDT on 27 March 2022*. 

The successful applicant is expected to be announced by April 2022.

*Note this is an indicative timeframe only. 

Contact us

If you have any questions regarding this Accelerator, please contact Investment NSW.