Grants in TAS
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Building Better Regions Fund
The 2020-2021 Federal Budget will allocate $200 million to the next round of the Building Better Regions Fund (BBRF), in order to support regional areas with new infrastructure to help create jobs and drive economic growth. The fund’s upcoming round will reserve $100 million for tourism-related infrastructure and $100 million for broader community infrastructure and investment.
Manufacturing Modernisation Fund
The $50 million Manufacturing Modernisation Fund is an opportunity for SME manufacturing businesses to receive funding up to $1 million.
Moon to Mars Supply Chain Capability Improvement Grants
Grants for Australian businesses to build capacity to deliver products and services into domestic and/or international space industry supply chains that could support Moon to Mars activities. The aim of the program is to grow Australia’s industry capability and capacity to support NASA’s Moon and Mars endeavours as well as grow skills and capacity within the Australian space industry.
Skilling Australia’s Defence Industry (SADI)
Grants for businesses currently servicing the defence sector with upskilling and training to build skills and capability in the defence force.
Restart Investment to Sustain and Expand (RISE)
The Federal Government has announced $75 million for the Restart Investment to Sustain and Expand (RISE) Fund to help reactivate the arts and cultural entertainment industry following the impacts of COVID-19.
Live Music Australia Program
The Federal Government has opened funding for the live music industry to support high quality, Australian live music.
Research & Development Tax Incentive
Tax rebate between 38.5% - 43.5%
The Research and Development Tax Incentive (R&D) is a program designed to increase participation in the Australian Innovation Economy. Eligible businesses can receive a tax rebate on eligible R&D activity.
Export Market Development Grant
Up to $150,000 annually
The Export Market Development Grant (EMDG) is open to Australian manufacturers and service providers, which are exporting or planning to export their products and services into international markets.
Defence Global Competitiveness Grant
$24,000 - $240,000
A new grant for the Australian defence industry, worth up to $150,000 is now open to Australian SME’s. The Defence Global Competitiveness Grant provides matched funding up to $150,000 for investment in projects that will build Australia’s defence exports to be stronger, more sustainable and more globally competitive.
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