Below is a summary of the key things that are happening in the Australian government incentives space at the moment.
Research and Development Tax Incentive (Federal)
- Businesses with a 31 December year end must submit their FY2022 R&D applications to AusIndustry by 31 October 2023.
- Businesses with a 30 June year end can submit their FY2023 R&D applications to AusIndustry any time up until 30 April 2024.
Export Market Development Grants (Federal)
- Round 1 and Round 2 grantees can submit their FY2023 Milestone Reports to Austrade any time up until 31 October 2023.
Cooperative Research Centres Projects (Federal)
- Round 15 opened on 3 August and will be closing on 14 September. The Cooperative Research Centres Projects (CRC-P) grants provide funding for short-term research collaborations (matched funding of between $100,000 and $3,000,000). It will focus on supporting projects with a focus in any of the following:
- renewables and low emissions technologies
- medical science
- transport
- value-add in the agriculture, forestry and fisheries sectors
- value-add in resources
- defence capability
- enabling capabilities
- food
- soil and water
- cybersecurity
- energy
- resources
- advanced manufacturing
- environmental change
- health
- circular economy.
If you would like to know more about these or any other government incentives in Australia, please get in touch to arrange a discussion. By Dave Corbin, Managing Director of Catalyst Solutions Australia.
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