Applications for the second round of the TCF Strategic Capability Program opened today. The program will allow TCF manufacturers can receive at least $250,000 to innovate so they could thrive in a low carbon economy and make their business stronger, greener and more competitive. In the first round, the Government partnered with ten companies to progress exciting…
The new R&D tax credit bill finally passed through the Senate today but industry groups remain unconvinced as to its effectiveness in supporting research and development in large swathes of the economy. The legislation will start retrospectively from 1 July 2011. The two core components of the Credit are a 45 per cent refundable R&D Tax Credit…
Pattens Group will be conducting information sessions to help businesses learn how to access and best use the new R&D Tax Incentive to drive the development of new ideas, products and processes. We encourage all business owners to attend as the R&D Tax Incentive can be an invaluable source of funding for developing creativity in Australian businesses….
The 2011 Import Export Show was held last week in Sydney, showcasing services and support available to assist importers and exporters with their international business engagement and development. The show provided a great insight into the growth of the Import Export industry and provided opportunities for attendees to seek advice and put thoughts into action!…
The Commercialisation Australia Scheme (CAS) may be axed as early as next April 2012 and replaced in some part by the Clean Technology Program (CTP). The CTP is designed to provide support for manufacturers through three components: the Clean Technology Investment Program, Clean Technology Food and Foundries Investment Program, and the Clean Technology Innovation Program. The suite of sub-programs are intended…
Up to $100 million will be invested in new, innovative companies as part of the Australian Government’s Innovation Investment Fund (IIF). The final tranche of IIF Round three of $100 million will lead to $200 million of venture capital for early-stage investments which reduces the financial risk to larger venture capital funds with the capacity to make significant longer-term…
The Government announced the Industry Transformation Research Program today. This new $249 million package is designed to help Australian industries become more competitive and create new job opportunities. The Industry Transformation Research Program and cadetship package includes: Manufacturers will have the benefit of additional research expertise and knowledge to tackle difficult problems in key sectors such…
Pattens Group has appeared on the most recent episode of Kochie’s Business Builders (Season 6, Episode 6). Bruce gives expert advice on how to obtain Australian grants. The episode can be viewed online at Yahoo7 Finance – Kochie’s Business Builders.
What happened to the Researchers in Business Program? The 2014 Federal budget advised this scheme would be retained. Our investigations have revealed it is likely to return in September 2014 and the scheme will be very similar to the previous program. If you are interested in claiming this grant please let us know so we…
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…
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