Industry based researchers can apply for a number of government incentives that provide funding to help your businesses grow. The schemes outlined below can be used to fund projects that use the services of the Ramaciotti Centre.
Bioplatforms Australia Industry Access Vouchers
These vouchers offer up to $10,000 for research services that utilise state-of-the-art ‘omics and bioinformatics research capabilities offered within its network. The vouchers seek to increase the impact of bioscience capabilities on Australian product development and can be applied at any point along the product continuum from scientific discovery to production processes and QC. Grants must be matched on a dollar for dollar basis by the applicant and can only be used to fund research services offered by Bioplatforms Australia partners. Applications for multi-partner projects are welcomed and can extend to government entities when at least one collaborator is part of Bioplatforms Australia’s network. More information can be found on Bioplatfoms Australia website.
NSW State Government TechVouchers
TechVouchers are available to drive research collaboration between NSW small-to-medium enterprises (SMEs) and Boosting Business Innovation Program (BBIP) delivery partners. TechVouchers are awarded on a competitive basis to eligible NSW companies. Matched grants of up to $15,000 are funded to access research and development and testing facilities. More information can be found on the NSW Department of Industry Website.
Commonwealth Innovation Connections
The Innovation Connections initiative drives new industry-led collaborations between researchers and small and medium enterprises (SMEs). The partnerships aims to foster the development of new ideas with commercial potential and identify knowledge gaps preventing business growth. The Innovation Connections programme provides matched grants of up to $50,000 to access research and development and testing facilities. More information can be found on the National Innovation & Science Agenda website.
Australian Research Council Linkage Grants
The Linkage Projects scheme provides funding to Eligible Organisations to support research and development projects which:
- are collaborative between higher education researchers and other parts of the national innovation system
- are undertaken to acquire new knowledge, and
- involve risk or innovation.
Proposals for funding under the Linkage Projects scheme must include at least one Partner Organisation. The Partner Organisation must make a contribution in cash and/or in kind to the project. Further details can be found on the Australian Research Council website.
Cooperative Research Centre Projects
The Cooperative Research Centres (CRC) Programme is administered by AusIndustry, a division within the Department of Industry, Innovation and Science. The CRC Programme aims to foster high quality research to solve industry-identified problems through industry-led and outcome-focused collaborative research partnerships between industry entities and research organisations. The CRC Programme contains two funding streams:
- CRCs to support medium to long term industry-led collaborative research
- CRC Projects (CRC-P’s) to support short term, industry-led collaborative research
The CRC Programme Guidelines cover all aspects of the programme, including selection round requirements.
Research & Development Tax Incentive
The Australian Government offers a research and development (R&D) tax incentive that encourages companies to engage in R&D benefiting Australia. It has two core components:
- a refundable tax offset for certain eligible entities whose aggregated turnover is less than $20 million
- a non-refundable tax offset for all other eligible entities.
Further details can be found on the Australian Taxation Office website.