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

                    Initial Additional 10 Year
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                          
R&D Start - 41.9 117.6 174.7 200.7           534.9
R&D Start reprioritisation       -16.2 -3.1             -19.3
Innovation Access Programme - Industry - 9.1 10.7 14.2 15.9           49.8
Commercial Ready Programme       5.5 16.7 185.1 200 214 221 221   1063.3 1640.7
COMET 10 10 10 10 -           40
      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           59
R&D Tax Concession       - - 80 70 70 80 90   390 449