Steel Fabricator Among New RED Grants in the Wheatbelt The Western Australian Government’s Regional Economic Development (RED) Grants program continues to play a pivotal role in enhancing regional business resilience and economic diversity. In its latest round of this grant program, 10 projects of the Wheatbelt region have been awarded funding totaling $1.16 million, showcasing…
There are many obstacles to overcome while running a business, but dealing with financial hardships is among the most daunting. The good news is that you can take preventative measures if you know what to look for in the beginning. Many business owners get so caught up in their day-to-day tasks that they miss key…
In its first R&D tax incentive transparency report for the 2021–22 fiscal year, the Australian Taxation Office (ATO) revealed that corporations had made significant investments in R&D. This research offers insightful information about Australia’s innovation environment by examining in depth how businesses in a range of industries are utilising the R&D Tax Incentive program. Key…
Although many Australian small businesses are eligible for various grants, only some take advantage of the possibilities that are available. Every year, many businesses either are unaware of their existence or don’t understand how to apply for government funding, which results in an estimated $1 billion being unclaimed. To start a new initiatives, expand or…
Another great news for Queensland’s small to medium-sized enterprises (SMEs). They now have an exciting opportunity to strengthen their innovation capabilities through the recently launched Regional University Industry Collaboration (RUIC) program. Delivered by the CSIRO and funded by the Queensland Government, the RUIC program is designed to assist academia and industry, helping SMEs turn advanced…
Businesses across Australia are embracing artificial intelligence (AI), which could unlock vast economic benefits and deliver value to society. However, the new report of The Responsible AI Index 2024 shows that currently, there is a massive difference between how many companies are aware of utilising AI in their business and how many are really and…
The Queensland Government has called for applications for the fourth round of the Manufacturing Hubs Grant Program (MHGP), enabling regional manufacturers to access up to $5 million in funding. The manufacturing grant program is designed to increase effectiveness, drive the implementation of new technologies, and generate employment in strategic locations in Queensland. MHGP Overview The…
Three startups are launched every minute. However, 92% will fail within their first three years in business. But don’t let that stop you from pursuing your dreams – successful startup founders will tell you that there’s nothing more fulfilling than launching an innovative product, being your own boss, and creating employment. Here’s how to survive your…
Ready to be your boss? Setting up a business in Australia is a challenging but rewarding venture that keeps the continent’s startup ecosystem robust. But first, here are a few things to consider: Feasibility – Is there a demand for your intended products or services? How will you bring them to market? Doing a feasibility study…
Introduction Signifying a giant step towards achieving its ambitious target of becoming a renewable energy superpower, the Australian government has just released the anticipated $1 billion Solar Sunshot program. Launched and administered by the Australian Renewable Energy Agency (ARENA), this tremendous program will help accelerate solar photovoltaic (PV) manufacturing in Australia and strengthen the nation’s…
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