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 [...]
From today Australian entrepreneurs will not have to repay Early Stage Commercialisation grants for businesses developing a new product, process, or service. Additionally, the annual turnover limit for applicants will rise from $20 million to $50 million and access to skilled managers now have the option to apply for an Experienced Executives grant of up [...]
The successful applicants of this year’s CRC selection round were announced today. Only 6 applications were successful from the 26 applications received. The agricultural sector, automotive industry and urban water managers were among the communities who will benefit from the recent decision. The successful CRCs are: Automotive Australia 2020 CRC ($26 million): will undertake research programs [...]
The Australian Labor Government provides over $20 billion to support innovation through the R&D Tax Scheme while providing only $150 million to support export marketing through the EMDG scheme. To put the government's current approach into perspective, please consider this hypothetical scenario. An Australian business decides to develop a new product and commits $1 million towards [...]
Australia-China research collaborations will benefit from an additional $18 million over the next three years, with the opening of a dedicated Australia-China Science and Research Fund (ACSRF) this week. The Australian Government is committing $A9 million to the Australia-China Science and Research Fund from 2011-12, which will be matched by the Chinese Government. This [...]
The NSW government has called for applications for the second round of its collaborative solutions program with a project to focus on the development of mobile technologies to improve government services. This round of the program, called Mobile Government, will provide up to $1 million over the next year to support between 5 and 10 [...]
National Science Week will engage communities across Australia between 11-19 August 2012 and will be officially opened today by the Minister for Innovation, Senator Kim Carr. Through the Australian Government's Inspiring Australia initiative, $500,000 in grants of between $2,000 and $25,000 will be available for individual one-year projects. If you have a great idea, [...]
The $9.2 billion Jobs and Competitiveness Program legislative was passed by the Senate today and is designed to assist industries like aluminium, steel, cement, lead and zinc, glass making, LNG and paper manufacturing. This Program focuses on emissions intensive and trade exposed activities which release high levels of carbon pollution but have difficulty passing on [...]
A new report released today confirms the significance of Australia’s two million small businesses to the Australian economy. The research reinforces the essential and vital a role the small business sector plays in Australia’s economic life. The report was compiled by the Department of Innovation, Industry, Science and Research, using data from the Australian Bureau of Statistics and [...]
The first round of the Illawarra Region Innovation and Investment Fund (IRIIF) is now open to applications. The closing date for Round 1 applications is Friday, 16th December 2011 at 5pm AEDST. For more details or support, please contact the Pattens grants team.