The NSW Innovation Advisory Service is your first step to successful commercialisation. The following services are available:
- access to self-assessment software
- business advice and referral
- low-cost technical/commercial assessment or innovation market review.
The assessment/evaluation process
The NSW Innovation Advisory Service gives an objective assessment/evaluation of your innovation and estimate of its chances of success. The process follows these steps:
Self-assessment analysis
This is a specially-designed computer program that asks 32 questions about your innovation. A confidential print-out of the questionnaire will assist you to identify any further research required. This is a free service.
Business advice and referral
This provides practical advice and referral on proceeding to further development of your innovation. You may be referred to other organisations or to an individual qualified to help with commercialising your innovation. This is a free service.
Innovation assessments
Technical and/or commercial assessment services which include:
- the security status of intellectual property
- technical aspects and manufacturing processes
- potential applications and markets
- competing products
- business arrangements.
Innovation market review
The review takes the analysis to the next step beyond technical and commercial assessments. It provides a preliminary evaluation of the market, with information about competitors, estimated demand and market size.
Industry & Investment NSW may subsidise the cost of innovation assessments and market reviews up to a maximum cost of $300.
Confidentiality
The information you provide is confidential.
Contact the NSW Innovation Advisory Service
If you have a query or to make an appointment, contact the manager at the NSW Innovation Advisory Service on 1300 411 417 or visit the ausinvent website.