Foundations
Government Assistance
Quick links: Business Innovation | Export Assistance | Investment Incentives
Many of the government assistance programs can be managed from within your organisation. Many programs require assistance from the firm to comply with specific criteria. These websites are listed below for your reference.
The most effective way to review the programs are to visit the web sites pertaining to the assistance schemes.
Should you require interpretation or assistance in this area contact Nigel Fischer (Partner).
Business Innovation
| State | ||
| Regional Business Development Scheme | This scheme assists companies and regional groups to identify opportunities for economic development. | http://www.sd.qld.gov.au |
| Queensland Industry Development Scheme | This scheme assists companies who wish to: a) be competitive globally b) develop export markets c) attract investment d) adopt new technology |
http://www.sd.qld.gov.au |
| Queensland Investment Incentive Scheme | This scheme allows the government to provide targeted financial support to influence the location of important projects and leading attractions. | http://www.sd.qld.gov.au |
| Federal | ||
| Core Start | Provides grants of up to 50% of project costs for Australian companies with an annual turnover of less than $50 million for project development and market research. | http://www.ausindustry.gov.au |
| Start Plus | Provides grants of upto 20% of project costs for Australian companies with annual turnover of $50 million or more for project development and market research. | http://www.ausindustry.gov.au |
| Start Premium | Offers companies an additional repayable amount which tops up either Core Start or Start Plus assistance programs of up to 56.25%. | http://www.ausindustry.gov.au |
| Start Graduate | Provides grants to companies with a turnover of less than $50 million to engage a graduate on an R & D related project. | http://www.ausindustry.gov.au |
| Concessional Loans | Provides concessional loans to companies which employ fewer than 100 persons who are involved in early commercialisation of technological innovations. | http://www.ausindustry.gov.au |
| R & D Tax Concession | Under this tax concession companies can claim a deduction from their taxable income of $1.25 for every dollar spent on R & D developments. | http://www.ausindustry.gov.au |
| Innovation Investment Fund | Provides access to venture capital for smaller new technology companies to commercialise their R & D projects. | http://www.ausindustry.gov.au |
Export Assistance
| Federal | ||
| Export Market Development Grants | Provides assistance to small and medium Australian exporters committed to developing export business by repaying part of their promotional expenses. | http://www.austrade.gov.au |
| EFIC | Provides financing and insurance services to support the export of Australian capital goods or services and to support Australian clients in investing overseas. | http://www.efic.gov.au |
Investment Incentives
| Federal | ||
| Invest Australia | Invest Australia works with the State and Territory governments to promote and facilitate investment in Australia. | http://www.dist.gov.au |
| Regional Headquarters Initiative | Invest Australia's Regional Headquarters (RHQ) Program promotes and facilitates the establishment of regional headquarters and regional operating centres by international companies. | http://www.isr.gov.au |
| Feasibility Study Fund | The Commonwealth Government provides grants through the Feasibility Study Fund to eligible prospective investors to undertake a pre-feasibility or feasibility study of a new investment project to assess its commercial viability. | http://www.isr.gov.au |
| Major Projects Facilitation | The Major Projects Facilitation service assists companies through government approvals processes. Invest Australia will help facilitate new investments by providing information, advice and support to achieve prompt decisions on necessary government approvals. | http://www.isr.gov.au |