Funding access submission

From AussieInnovation Wiki

Funding Access
Created	April 2008
Submitted	April 2008
Review Reference	66-IMC
Location	Official Review submissions page
Discussion
Authors	Gary Twomey with IMC and consultation from BGI Benchmark Group International
Topics	Government funding, Private equity funding, Grant access

Abstract

“IMC believes that if the following suggestions were adopted, then the ability for innovative Australian organisations to access both government and private equity funding would be greatly improved leading to a wider uptake of the research and development and eventual product commercialisation. It should be emphasised that the programs are a critical part of these companies ability to undertake and commercialised R&D and if they were withdrawn or reduced it would leave a substantial funding deficit in the market place and reduce the companies’ ability to develop new technologies for both domestic and international markets.”

The submission includes proposals for the following programs:

1. R&D Tax Concession Scheme
2. Commercial Ready and Commercial Ready Plus
3. Early Stage Venture Capital Limited Partnership (ESVCLP)
4. Commercialising Emerging Technologies (COMET)
5. Food Innovation Grants
6. Renewable Energy Development Initiative (REDI)
7. Energy Efficiency Opportunities (EEO)

Link: http://www.innovation.gov.au/innovationreview/Documents/66-IMC.pdf

Notes

None at this stage.

Discussion