R&D Start

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bulletAlso see technology transfer
bulletGovernment assistance in Australia

The Government has greatly expanded and enhanced the R&D Start program. Which provides direct support for business research and development. and is administered by the industry Research and Development Board through the Office of Auslndustry.

The Government will provide an extra $556 million over four years from 1 July. 1998. bringing the total program expenditure to $739 million.

Eligibility requirements have been revised to allow both small and large Australian companies to apply for assistance under R&D Start. This will allow more businesses to undertake high quality R&D and commercialisation activities.

Applications are assessed on a competitive basis. and the following merit criteria apply:
bullet· Management capability' of the applicant
bullet· Commercial potential of the project
bullet· Technical strength of the project
bullet· National benefit of the project
bullet· Need for R&D Start funding for the project.

 

The three components of R&D Start are:

Core Start which provides grants on a competitive basis to support R&D projects conducted in Australia for up to three years. The maximum grant is $15 million. though grants typically range between $l00,000 and $5 million. Group turnover of the applicant should be less than $50 million. Projects must have clearly identified commercial potential and the company must demonstrate that it is able to fund its share of the project costs.

Start Plus is a new element of the program. It provides grants of up to 20 per cent of the project cost to companies with a group turnover of more than $50 million. Once again. the commercial potential of the projects. and the company's ability to contribute its share of the cost are important factors.

Start Premium, offers a higher rate of assistance, to a maximum of 56.25 per cent of eligible project costs. The additional funding is repayable and applicants are required to provide a repayment plan as part of the application. Start Premium will be available to applicants with projects which demonstrate exceptional merit against all five criteria of the program and include an acceptable repayment plan.

Under Core Start. Start Graduate grants to a maximum of $100,000 are also available to engage a graduate for two years on a specific R&D-related project that is undertaken in collaboration with a research institution. Up to 20 per cent of the funds can be paid to the institution for academic support and equipment.

Also under Core Start, Concessional loans are available to companies which employ fewer than 100 persons for projects aimed at the commercialisation of technological innovation of goods and services. Projects must be completed within three years and the loan repaid in the following three years. Loans will not exceed 50 per cent of eligible project costs. Interest is waived during the first three years and then charged at 40 per cent of the Commonwealth Bank Index Rate.

For more information, ring the Auslndustry Hotline on 13 28 46. 

Cooperative Research Centres

Cooperative Research Centres, (CRCs), bring together researchers from universities, CSIRO and other government laboratories, and private industry.  CRCs cover long-term, collaborative research and development efforts.

The objective of the CRC Program is:

bulletTo maximise the capture of the benefits of research through the development of enhanced cooperative linkages between researchers and research users in the public and private sector.

 

The Program emphasises the importance of developing internationally competitive industry sectors.  It also addresses the health and well being of Australian society, the understanding and management of the environment, and the interaction of all these objectives to achieve ecologically sustainable development.

2001 Funding Grants 

$150 million (one-half) for agriculture

Name of Cooperative Research Centre

Total Funding over 7 years A$M

Ag=Agricultural

Health=Health

IT=Info tech

Res=Resource

Man=Manufacturing 

NS=Not specific

Plant-based Management of Dryland Salinity

22.000

Ag

Smart Internet Technologies

22.000

IT

Australian Weed Management

20.300

Ag

Landscape Environments and Mineral Exploration

20.200

Ag

Australian Sheep Industry

19.800

Ag

Tropical Savannas Management

18.200

Ag

Predictive Mineral Discovery

18.000

Res

Value Added Wheat

17.180

Ag

Innovative Dairy Products

17.000

Ag

Water Quality and Treatment

16.750

NS

Chronic Inflammatory Diseases

16.548

Health

Sustainable Aquaculture of Finfish

16.500

Ag

Diagnostics

16.330

Health

Innovative Wood Manufacturing

16.315

Man

Coal in Sustainable Development

14.450

Res

Technology Enabled Capital Markets

14.200

IT

Functional Communication Surfaces

14.018

Man

Construction Innovation

14.000

Man

Railway Engineering and Technologies

11.200

Trans

Chemlink Pty Ltd ACN 007 034 022. Publications 1997. All contents Copyright © 1997. All rights reserved. Information in this document is subject to change without notice. Products and companies referred to are trademarks or registered trademarks of their respective companies or mark holders. URL: www.chemlink.com.au/
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