Undertaking R&D projects can be costly, but help is available. In-kind and direct financial support may be available for your project through a number of Australian Government initiatives.
Supporting Documents and Downloads
Videos
Research & Development Tax Offset
The R&D tax concession is an Australian Government initiative to increase the amount of R&D being conducted in Australia by allowing companies to claim a tax deduction in their income tax return of up to 125% (and in some cases up to 175%) of eligible expenditure incurred on R&D activities.
Visit the ATO website for more information.
Proof of Concept Grant
Commercialisation Australia Proof of Concept support is provided as grants from $50,000 to $250,000 to participants to test the commercial viability of a new product, process or service.
Visit Commercialisation Australia to find out more.
Early Stage Commercialisation
Early Stage Commercialisation support provides funding for activities to develop a new product, process or service to the stage where it can be taken to market. Early Stage Commercialisation assistance is awarded through a merit based, competitive process. Repayable grants from $250,000 to $2 million are available to successful applicants. Expenditure must be incurred on eligible project activities after a final Stage 2 Application has been accepted for assessment.
Visit Commercialisation Australia to find out more.
Key Features
Technical Information
