Rates apply to FY2025 unless stated otherwise in your proposal.
| Startup - R&D Spend (<$1M) | ||||
| R&D Spend | Base Fee | Fee Cap (% of expenditure) | Indicative Fee | R&D Offset (43.5%) |
| <$80k | 4,000 | $4,000 fixed fee | 4,000 | 0 - 34,800 |
| $80k - $170k | 4,000 | 6.00% | 4,000 - 10,200 | 34,800 - 73,950 |
| $170k - $400k | 8,000 | 5.00% | 8,000 - 20,000 | 73,950 - 174,000 |
| $400k - $1M | 12,000 | 3.00% | 12,000 - 30,000 | 174,000 - 435,000 |
| Scaleup R&D Spend ($1M-$10M+) | ||||
| R&D Spend | Base Fee | Fee Cap (% of expenditure) | Indicative Fee | R&D Offset (43.5%) |
| $1M - $3M | 16,000 | 1.50% | 16,000 - 45,000 | 435,000 - 1,305,000 |
| $3M - $6M | 32,500 | 1.25% | 32,500 - 75,000 | 1,305,000 - 2,610,000 |
|
$6M - $10M |
54,000 | 1.00% | 54,000 - 100,000 | 2,610,000 - 4,350,000 |