EMDG 2009 shortfall in funds for claims above $50,000

The popular Export Market Development Grants (EMDG) scheme has attracted an unexpectedly high number of applications from Australian exporters this year. The extra demand demonstrates the success of Australian exporters in weathering the Global Financial Crisis but it also means there is a funding shortfall for larger grant claims.

There are approximately 1,450 companies (30 per cent of grant recipients) likely to be approved for grants in excess of $50,000. These companies are expected to be paid at the rate of between 50 and 70 cents in the dollar on the balance of their claims above $50,000.

Victoria–Israel Science and Technology R&D Fund (VISTECH) round 7 now open.

Innovation Minister Gavin Jennings has opened the seventh round of funding for the Victoria–Israel Science and Technology R&D Fund (VISTECH) which provides matching government grants of up to US $500,000. VISTECH was launched in 2006 with Victoria and Israel each providing half of the US$6 million fund.

Second exposure draft of the R&D legislation released for comment

A second Exposure Draft of the Legislation and Explanatory Materials (EM) was released on 31 March. The legislation and the EM can be found on the Treasury website.

BIC to replace SIP for Textiles Clothing and Footwear (TCF) Grants

More than $112 million of assistance will be made available to the Australian clothing and household textile sector following the passage of important legislation today (18 March 2010). The legislation provides the framework to create the Clothing and Household Textile (Building Innovative Capability) Scheme, supporting innovative activities from 1 July. The $112.5 million scheme, replacing the TCF Post 2005 (SIP) scheme, will provide incentives to promote innovation to support an internationally competitive clothing and household textile manufacturing and design industry.

New technology CIIF grants announced- MultiMedia Victoria 2010

Victorians will be able to work smarter and improve their quality of life thanks to a range of new technology grants announced.  Minister for Information and Communication Technology, John Lenders, said thanks to the Government’s $15 million Collaborative Internet Innovation Fund (cIIF), 22 businesses and community groups would receive grants of up to $500,000.
“The cIIF More >

Victorian Bushfire Business Investment Fund $10m

The Australian and Victorian Governments have established a $10 million Victorian Bushfire Business Investment Fund (VBBIF) to encourage private sector investment and job creation in areas affected by the February 2009 Victorian bushfires.
The Government grant aims to restore and improve the business capacity of these areas and enhance economic development to ensure their sustainable future.
New and More >

Quick link to all Federal Government Grants Approved

Interested to know where all the money has gone?   All the grants approved are published on the Innovation Australia Website.   You can down load the data in Excel of PDF files.   The data is updated regualary.
Click here to to see all approved  Federal Government Grants.

Green Car Innovation Funds Put Aussie Engine Technology In Chinese Car

The Green Car Innovation Fund grant will help Orbital to develop its FlexDI engine management and combustion system to be tested on engines and in vehicles for Changan Automobile. Orbital Australia has been awarded a $440,413 grant to develop greener engine technology for Chinese automaker Changan Automobile. The fund provides grants from $100,000 for projects that enhance the research, development and commercialisation of Australian technologies that reduce the fuel consumption and/or greenhouse gas emissions of passenger motor vehicles.

NSW Innovation Pathways: $25k funding for Small Businesses

The NSW Pathways Program focuses on building commercialisation and export skills and knowledge in a group learning environment, through a one day diagnostic followed by an 8-10 week program of workshops and mentoring. Eligible organisations may include researchers, start-ups and established SMEs. Following a panel review, the subsequent stage of the program will provide grant assistance up to $25,000, (up to $35,000 for ATS members) to individual organisations. Assistance may include capital raising, export market planning or development of a technology demonstration site. 



Small Business Grants program by City of Melbourne open

The Small Business Grants program provides financial assistance to small businesses currently located or intending to locate in the City of Melbourne.
Key objectives
The key objectives of the Small Business Grants program is to:

increase diversity in the city by supporting the establishment of new and creative small businesses
assist existing innovative businesses that are introducing innovative services or More >