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R&D Tax Incentive Seminars

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 [...]

By | 2019-07-29T12:43:35+10:00 September 4th, 2011|Small Business|Comments Off on R&D Tax Incentive Seminars

Senate Passes New R&D Tax Credit Scheme

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 [...]

By | 2019-08-06T17:25:14+10:00 August 23rd, 2011|Small Business|Comments Off on Senate Passes New R&D Tax Credit Scheme

2011 EMDG Initial Payment Increased

The Trade Minister, Craig Emerson announced the initial payment ceiling for the EMDG scheme will be increased to $50,000 for the 2011 grant year which just ended, compared with the pathetic $27,500 which was paid in 2010. In making the announcement the Minister suggested the reduced demand for EMDG grants over the previous grant year, coupled with changes to [...]

By | 2019-07-29T11:15:46+10:00 June 30th, 2011|Export and Tourism Grants, Small Business|Comments Off on 2011 EMDG Initial Payment Increased

TCF Strategic Capability Program 2nd Round

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 [...]

By | 2019-08-06T17:46:40+10:00 June 8th, 2011|Small Business|Comments Off on TCF Strategic Capability Program 2nd Round

Innovation Investment Fund Report

Since its inception the Innovation Investment Fund (IIF) has licensed 13 new venture capital innovation funds that have helped 99 Australian businesses commercialise original research. To date the IIF program has committed a pool of $524 million of government and private capital to invest in promising early-stage companies. Yesterday, the program received a tick from [...]

By | 2019-07-29T11:48:11+10:00 June 6th, 2011|Innovation and R&D Grants, Small Business, Venture Capital|Comments Off on Innovation Investment Fund Report

Linkage Project Scheme

The Linkage Projects scheme is a component of the ARC competitive grants suite which encourages partnerships with both local and overseas manufacturers and private enterprises. These partnerships help produce tangible, workable solutions to real issues, like climate change, health and national security.  31 Australian research institutions were recently awarded funding of $67 million.  They will partner with 436 national [...]

By | 2019-07-29T12:33:27+10:00 May 30th, 2011|Small Business|Comments Off on Linkage Project Scheme

Australia India Strategic Research Fund Boost

The Australian Government announced today 18 collaborative projects involving Australian and Indian scientists that have been awarded $5 million under the Australia-India Strategic Research Fund, with matching funding provided by the Government of India.  Top scientists benefit from this multi-million dollar program with India that could lead to better vaccines, more temperature tolerant crops, healthier [...]

By | 2019-07-29T12:05:37+10:00 May 17th, 2011|Innovation and R&D Grants, Small Business|Comments Off on Australia India Strategic Research Fund Boost

Tasmania ICT Centre Extended

The Tasmanian ICT Centre will be extended for a further five years from 2011-12 through a $50 million package to help Tasmania build the skills and tools needed to benefit from the digital age. The Labor Government is investing $40 million in vital research into enabling technologies that will help Tasmania explore possible benefits of the National [...]

By | 2019-08-06T18:26:19+10:00 May 1st, 2011|Small Business|Comments Off on Tasmania ICT Centre Extended

Regional Development Australia Fund

As part of the Government’s commitment to Regional Australia, the Government has allocated $1.4 billion in funding support to local communities.  Of this, $1 billion has been provided to the Regional Development Australia Fund (with $573 million of this being subject to the passage of the Minerals Rent Resource Tax). The Regional Development Australia [...]

By | 2019-08-06T20:08:13+10:00 April 13th, 2011|Innovation and R&D Grants, Small Business|Comments Off on Regional Development Australia Fund

Australian Growth Partnership

The Australian Growth Partnerships (AGP) program is a new, competitive, merit-based pilot program managed by CSIRO, which is designed to assist SMEs overcome technological barriers by providing them with funds to access CSIRO research and development.  The AGP program is designed to assist SMEs overcome existing technical issues, therefore providing them with an opportunity to [...]

By | 2019-07-29T12:47:06+10:00 April 12th, 2011|Climate Grants, Innovation and R&D Grants, Small Business|Comments Off on Australian Growth Partnership