COVID-19 TechVouchers

The COVID-19 TechVoucher program provides support funding for technology-rich startups, scaleups or small and medium enterprises (SMEs) to collaborate with Publicly Funded Research Organisations (PFROs) to accelerate the commercialisation of innovative R&D products and services that address the many health and economic disruptions caused by the COVID-19 pandemic.

Examples of activities funded by TechVouchers include:

  • access to research facilities and equipment such as electron microscopes, medical imaging, and other PRFO delivery partner facilities
  • product or process design, such as engineering or technical design expertise to determine prototype structure, function or materials
  • validating or demonstrating technical capabilities of a product, process or technology including clinical trials and in-market validation
  • funding toxicology studies on materials that could be incorporated into a new product
  • testing and certification for supply of products
  • enhancing existing product capabilities or enabling entry to international markets.

Who is this for?

Startups, scaleups or small and medium enterprises (SMEs) that have a product or service that directly addresses the health, wellbeing and/or economic impacts of COVID-19 (see Eligibility Criteria).

What are the funding opportunities?

Two funding streams are available:

TechVoucher Streams Total Project Budget Intended Project duration NSW Govt contribution (TechVoucher)
Stream 1: 
Smaller R&D projects
$30,000 to $50,000 up to 6 months Maximum $25,000 
(remainder matched by the business)
Stream 2: 
Larger R&D projects
$50,001 to $100,000 or more up to12 months Maximum $50,000 
(remainder matched by the business)

A TechVoucher will fund up to 50 per cent of all invoices issued by a PFRO partner to the maximum value of the voucher for each Stream.

The TechVoucher is the NSW Government contribution of up to 50 per cent of the cost of the R&D project. The business co-contribution is a minimum 50 per cent of the project budget.

Funding will be provided for eligible and approved projects until the first of:

  • available funding is exhausted, or
  • final deadline for applications.


Investment NSW hosted a webinar to provide detailed information about the COVID-19 TechVouchers program in September 2021. Click the link below to view a recording of the webinar.
COVID-19 TechVouchers Webinar

How to apply

The funding allocation for COVID-19 TechVouchers was exhausted in advance of the 10 February 2022 close date.

Applications are on hold until further notice.

Questions and further information

Read the Guidelines for COVID-19 TechVouchers 

You can also contact Investment NSW Concierge at or call 02 4908 4800

Other funding options