- Research and identify available
incentives and opportunities
- Perform a high level assessment to
optimise benefits and manage risks
- Prepare high
- Assist with approval, claiming
and monitoring process
Maintain continual contact with relevant government departments
The Research and Development (R&D) Tax Incentive provides businesses with a tax offset for eligible activities that relate to the research and development of novel products or processes.
The value of the tax offset depends on the annual turnover of the business applying for the incentive:
- Annual turnover of less than $20M can receive a 43.5% refundable tax offset.
- Annual turnover of $20M or more can receive a 38.5% non-refundable tax offset.
This incentive can be claimed annually and is dually administered by AusIndustry and The Australian Taxation Office (ATO).
The Export Market Development Grant (EMDG) is a grant scheme that assists businesses in exporting their Australian product, good or service to the overseas market.
The grant offers businesses a 50% reimbursement on all eligible export market related expenses and covers costs like overseas travel, marketing consultants, promotional literature, attending trade fares and seminars and IP protection.
This grant can be claimed annually (for a maximum of 8 years) and is administered by the Australian Trade and Investment Commission (Austrade).
The Accelerating Commercialisation Grant provides a cash grant to businesses who are looking to commercialise their novel product, process or service.
This competitive grant offers matched funding of up to $1M for eligible projects that take between 12-24 months.
The grant can be claimed on a per project basis and is administered by AusIndustry as part of their Entrepreneurs Programme.