Federal Government Backs Innovation
Thursday, June 22, 2006 - janine
By the end of the 30th of June 2005, a total of 2,355 companies intended to claim the R&D Tax Offset and 891 companies intended to claim the 175% Premium R&D Tax Concession for 2003-04; in 2004-05, COMET had 203 applications; the Commercial Ready programme assessed 75 grant applications approving 42 for support of over $38 million.
Grants Available to Commercialise Innovation under "Backing Australia's Ability Programme
http://backingaus.innovation.gov.au/2001/statement/index.htm
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Initial |
Additional |
10 Year |
|
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2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
1011 |
5 Yr Total |
7 Yr Total |
Total |
|
|
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
($m) |
|
COMMERCIALISATION |
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R&D Start |
- |
41.9 |
117.6 |
174.7 |
200.7 |
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|
|
|
534.9 |
|
|
|
R&D Start reprioritisation |
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-16.2 |
-3.1 |
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|
|
|
|
-19.3 |
|
|
Innovation Access Programme - Industry |
- |
9.1 |
10.7 |
14.2 |
15.9 |
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|
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|
49.8 |
|
|
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Commercial Ready Programme |
|
|
|
5.5 |
16.7 |
185.1 |
200 |
214 |
221 |
221 |
|
1063.3 |
1640.7 |
|
COMET |
10 |
10 |
10 |
10 |
- |
|
|
|
|
|
40 |
|
|
|
|
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|
3.8 |
13.3 |
17.4 |
17.8 |
18.2 |
17.9 |
11.6 |
|
100 |
140 |
|
Building on IT Strengths (BITS) Incubator |
|
|
|
13 |
11 |
8 |
4 |
- |
- |
- |
|
36 |
36 |
|
Building on IT Strengths (BITS) Advanced Network(d) |
|
|
|
8.3 |
7.3 |
5.4 |
- |
- |
- |
- |
|
21 |
21 |
|
ICT Centre of Excellence (a) |
4.5 |
8.8 |
12 |
17.7 |
24 |
|
|
|
|
|
67 |
|
|
|
|
|
|
- |
- |
24.2 |
24.8 |
25.3 |
25.7 |
26.2 |
|
126.3 |
193.3 |
|
R&D Tax Concession(f) |
6 |
4 |
-3.6 |
20.6 |
32 |
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|
|
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|
59 |
|
|
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R&D Tax Concession |
|
|
|
- |
- |
80 |
70 |
70 |
80 |
90 |
|
390 |
449 |
Filed Under: Uncategorized