Entrepreneurs' Programme Direction No.1 of 2016 (Cth)

Entrepreneurs' Programme Direction No.1 of 2016

Industry Research and Development Act 1986

I, Greg Hunt, Minister for Industry, Innovation and Science, make this Ministerial Direction under section 19 of the Industry Research and Development Act 1986.

Dated 1 December 2016

GREG HUNT

_______________________

Greg Hunt

Minister for Industry, Innovation and Science

Part 1: Preliminary 1 Name of Ministerial Direction This is the Entrepreneurs' Programme Direction No. 1 of 2016. 2 Authority This Ministerial Direction is made under section 19 of the Industry Research and Development Act 1986 (the Act). 3 Commencement

1) This Ministerial Direction commences the day after this notifiable instrument is registered.

4 Interpretation

1) In this Ministerial Direction:

"Accelerating Commercialisation" means the Accelerating Commercialisation element of the Entrepreneurs' Programme as defined in the Programme Guidelines.

"Act" means the Industry Research and Development Act 1986.

"Commercialisation office" means an entity of a Publicly Funded Research Organisation, or an Eligible Corporation controlled by one or more Publicly Funded Research Organisations, that assists researchers in commercialising their intellectual property.

"Commercialisation Project" means a project which aims to commercialise novel intellectual property in the form of new products, processes and/or services in accordance with the Programme Guidelines.

"Department" means the Department of the Minister responsible for administering the Act.

"Direction" means this Ministerial Direction.

"Eligible application" means an application for funding under either Accelerating Commercialisation or Incubator Support that is an application that meets eligibility criteria set out in the Programme Guidelines.