Federal Grants
$8.9M to turbocharge Australian automotive suppliers
Mar 8th
A coaching, mentoring and training program to improve the operational performance of automotive component suppliers is a key outcome from $8.9 million in first-round grants from the Automotive Supply Chain Development Program (ASCDP).
The core component of the capability development program will be delivered through a $4.75 million grant to the Cooperative Research Centre for Advanced More >
Round 3 Innovation Investment Fund (IIF) available for VC fund managers
Feb 28th
Fund managers around the country are invited to submit applications under the latest round of the Government’s venture capital support program, the Innovation Investment Fund (IIF).
Opening the latest application round today, Innovation Minister Senator Kim Carr said the fund has been an important catalyst for building new innovative businesses, developing fund managers, and growing a domestic venture capital market. “Through the IIF program the Australian Government will provide $20 million to each successful fund manager to establish new funds of $40 million or more. Applications for Tranche 3 of Round 3 close on Monday 31 May 2010.
Commercialisation Australia Grants Board Members Announced Feb 2010
Feb 11th
The Board members and Chair for Commercialisation Australia’s $196 million initiative has been announced.
Announcing the board members, Innovation Minister Senator Kim Carr said that the calibre of the appointees shows just how serious the Rudd Government is about providing a useful tool to help business succeed and generate high-wage, high-skill jobs. “The board members have a thorough understanding of the commercialisation process,” Senator Carr said. “Their collective experience extends right across the research, industry and investment communities.
Research & Development Tax Concession (and 125% Tax Offset)
Feb 7th
Under the R&D Tax Offset program the Government recognises the importance of providing innovative an opportunity to increase their cash flow when they most need it during their initial growth phase, particularly those in tax loss who cannot gain immediate benefit from the R&D tax concession.
Companies must register their R&D plan annually for approval before completing the tax forms. Applications must be lodged within 10 months of the end of the company’s income year. For most companies with a 30 Jun 2009 Tax year the deadline is 30th April 2010.
Commercialisation Australia Grants Open Jan 2010
Dec 20th
Commercialisation Australia grants are now open as of January 2010. The initiative aims to build the capacity of Australia’s talented researchers, entrepreneurs and innovative companies to turn their ideas into successful commercial ventures. It achieves this through offering a range of tailored assistance measures and guiding successful applicants through the commercialisation process.
Commercialisation Australia offers:
1. Skills and Knowledge support to help build the skills, knowledge and connections required to commercialise new ideas.
Up to $50,000 to pay for specialist advice and services
Up to $200,000 over two years to assist with the recruitment of experienced executives
2. Proof of Concept grants of $50,000 to $250,000 to test the commercial viability of a product, process or service
3. Early Stage Commercialisation repayable grants of $250,000 to $2 million to undertake activities that develop a new product, process or service to the stage where it can be taken to market.
Solar Flagships Program
Dec 20th
The $1.5 billion Solar Flagships Program was opened on 11 December 2009 and selection is to occur over two selection rounds. This funding will be used to support the construction and demonstration of up to four large-scale solar power stations in Australia, using solar thermal and photovoltaic (PV) technologies.
The first selection round (Round 1) will be held in 2010 and is to select one solar thermal and one photovoltaic project, with a target of 400 MW of combined generation capacity across both projects. The Solar Flagships Program second selection round (Round 2) is planned to be held in 2013-14, following a review of the outcome of Round 1.
Innovative Clinical Teaching and Training Grants up to $5m available
Dec 17th
The Department of Health and Ageing is calling for applications for funding under the Innovative Clinical Teaching and Training Grants (ICCTG).
$90 million is available over four (4) years (2009-10 to 2012-13) for infrastructure projects that support innovative clinical teaching and training initiatives. Applications are sought from public and private organisations which can demonstrate increased capacity More >
Retooling for climate change now an ongoing application process
Dec 11th
Applications for RCC (Retooling for Climate Change Grant) may now be submitted at any time and will be assessed on a regular basis by Innovation Australia. Previously this was only on a round by round basis.
An applicant may commence work on their project once AusIndustry has reviewed its application and confirmed that it is complete More >
COMET Grant superseded by Commercialisation Australia in Jan 2010
Dec 11th
The Government will introduce a new, simpler form of assistance to companies seeking to take their ideas to market from early January 2010.
“Government assistance for commercialising Australian innovation will be simplified through Commercialisation Australia,” Senator Kim Carr, Minister for Innovation, Industry, Science and Research said.
“Commercialisation Australia will open early in 2010 and ensure assistance is More >
Textile Clothing and Footwear TCF grants $50k Round 5 open
Dec 11th
Round 5 of the $50k TCF Small Business Program is now open for applications. And closes on Friday 26 February 2010 at 5.00pm.
The Textile, Clothing and Footwear (TCF) Small Business Program provides grants to improve the business enterprise culture of TCF small businesses. It is competitive and merit-based with a maximum grant of $50,000 provided to each More >