Entries open for MAD Food Innovation Award 2025 – Australia

The focus of this award is to support entrepreneurs and innovators tackling the global challenge of food security and to accelerate the development or commercialisation of products that strengthen Australia’s food exports and food technology, particularly into Asia.

The award seeks to recognise businesses that are operating in the Australian food sector and are early-stage, high-growth ventures with global potential. Eligible applicants should be preparing to scale nationally and internationally, have a clear growth plan, and demonstrate an intention to operate in or export to Asian markets. The award specifically targets projects that require funding for innovation that enhances Australia’s ability to produce food efficiently and sustainably. Applicants are also required to disclose any prior private or government funding received as part of the application.

The MAD Business Award – Food Innovation celebrates businesses demonstrating excellence in product innovation, enhancement, or commercialisation within the Australian food sector. It honours companies that are actively advancing Australia’s role in addressing food security both regionally and globally.

Shortlisted applicants will present their proposals to the judging panel in November, with the winner announced by 30 November 2025. The winning business will receive $50,000 plus GST, issued upon submission of a tax invoice to MAD. The winner must also provide quarterly updates on the project’s progress and use of funds.

Applicants must be Australian entities, and all applications will be reviewed by a judging panel against the published entry criteria and Venture Compass responses. Judges’ decisions are final, and related parties of MAD or the judges are not eligible to enter. Application details may be shared with event sponsors for marketing purposes.

For more information, visit MAD.