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…
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…
Startups succeed or fail based on the cash they can access. So where can you get cash to give the business the best chance of success? There are 4 options: Every year there are over $50b in grants available to assist businesses. Here’s a list of top government grants for startups and businesses in Australia….
A Closer Look at the Accelerating Commercialisation Grant Australia hit new milestones for capital venture investments last year, with businesses raising $1.23 billion in funding, according to KPMG. That’s more than seven times the amount raised in 2012 and 2013. So if you have a novel idea that can disrupt the market, there’s no reason…
The idea of self-employment might seem glamorous to some, conjuring images of young CEOs pounding on their keyboards in fancy coffee shops or answering emails beachside, but the reality couldn’t be more different. The first three years in business are critical – the Australian Bureau of Statistics states that over 60% of small businesses fail within…
Is your mind buzzing with new product, process, or service ideas? Innovation is the key to economic growth and a better quality of life for all Australians. However, it comes at a cost. Industry leaks also make it impossible for innovators to benefit from their inventions. Innovate without fear when you claim the R&D tax…
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…
Do you have a business idea that could potentially change the industry? Make a difference with CSIRO Kick-start, a program that supports innovation and encourages creative thinking. About the program This financial incentive is aimed at Australian startups and small businesses in need of funding and research expertise to develop and test novel products with strong…
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