Grants in Research & Development

The Australian Government is fully dedicated to taking ambitious climate action, with clear targets of reducing emissions by 43 percent below 2005 levels by 2030, followed by achieving net zero emissions by 2050. To achieve this goal, the government is actively leading efforts to transition to a net zero economy by implementing emission reduction measures and investing in low-carbon opportunities. Recognising the complexity of this task, the government acknowledges that a diverse range of technologies and tools will be required. One effective technological approach in this domain is carbon capture utilisation and storage (CCUS). CCUS encompasses a variety of advanced solutions engineered to capture carbon dioxide (CO2) emissions from industrial processes or directly from the air. These captured emissions can be utilised in the production of innovative products or securely stored in underground geological formations for long-term sequestration.

The Industry R&D Infrastructure Fund will encourage businesses in Victoria to invest in new or improved R&D infrastructure to support the expansion of Victoria’s R&D capability across important industry sectors and increase company R&D spending. The funding with grants up to 50% of project costs, ranging from $250,000 to $2 million can benefit a business, an industry, or both. However, it must demonstrate how the project will increase Victoria’s business expenditure on R&D in the medium to long term.

The Victoria-Israel Science and Technology Research and Development (VISTECH) Program supports market-orientated collaborative research and development (R&D) projects by Victorian (Australia) and Israeli companies with funds.

The Research and Innovation Fund (RIF) Seed-Start Program offers grant funding to early-stage researchers, entrepreneurs, and businesses in South Australia to commercialise an innovative product or service. This product or service must be one-of-a-kind and provide a sustainable competitive advantage in both domestic and international markets.

The CSIRO Kick-Start program helps Australian start-ups and small SMEs access funding to undertake development, testing, or research with CSIRO. It's a targeted program, which forms part of CSIRO’s strategic commitment to strengthen its direct support for Australian technology start-ups and SMEs in areas of national growth priorities.

The program focuses on investing and supporting the commercialisation and development of early-stage biomedical discoveries.

The Cooperative Research Centres (CRC) Program provides support for industry-led collaborations that are between researchers, industry and the community and serve to link researchers with industry in order to focus on research and development towards commercialisation.

The Small Business Innovation & Research program will support agencies to recognise solutions, evaluate the technology's feasibility and trial and validate the solution to cultivate a commercial product.

The National Reconstruction Fund Corporation (NRFC) provides debt finance, equity finance, and guarantees to businesses with strong proposals in priority sectors. Established by the Australian Government, the NRFC aims to enhance the flow of finance into these areas to diversify and transform Australia's industry and economy.