Federal Grants
$5m Extra for TCF Textiles Clothing and Footwear Strategic Capability Program
May 16th
This year’s Budget for the Government’s Textile, Clothing and Footwear (TCF) Strategic Capability Program provides an additional $5.0 million in 2010-11 for the program, bringing the total value to $35.0 million over five years. The program will now also be able to support smaller projects, with the eligibility threshold reduced from $1.0 million to $500,000.
Claiming R&D Tax in advance with Registered Research Agencies (RRAs)
May 13th
An important part of the Government’s commitment to Research and Development (R&D) is facilitating access by small and medium sized companies to expert R&D services, particularly those residing in public sector research organisations.
There are a number of advantages that RRA’s offer to their clients;
expenditure for Australian R&D work contracted to an RRA, within approved classes More >
CEO announced for Commercialisation Australia
Apr 20th
Mr Doron Ben-Meir has been appointed inaugural CEO of Commercialisation Australia, which helps researchers and entrepreneurs turn ideas into dollars and jobs.
Innovation Minister Senator Kim Carr announced the appointment in Melbourne while opening Collaborating for Success – the inaugural conference of the Government’s innovation advisory bodies.
“Mr Ben-Meir will play an essential role in building Australia’s innovation capacity and ensuring that great Australian ideas are developed in this country rather than going offshore,” Senator Carr said.
First round results Commercialisation Australia Grants
Apr 16th
21 new Australian innovations become commercial realities under the new Commercialisation Australia Grants Program, including new anti-cancer therapeutics and new technology to protect dolphins. See the listing of companies.
EMDG 2009 shortfall in funds for claims above $50,000
Apr 5th
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.
Second exposure draft of the R&D legislation released for comment
Apr 5th
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
Mar 20th
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.
Quick link to all Federal Government Grants Approved
Mar 12th
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
Mar 12th
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.
$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 >