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Last week the Federal Government announced $225m in tax relief to small breweries and distillers as part of the 2021-22 Federal Budget.
The Australian Government announced it will invest an additional $100 million into extending the Junior Minerals Exploration Incentive (JMEI) over the next four years, to the end of June 2025.
Beneath the surface, there is agility within our higher education institutions which we need to enhance and work to our advantage in a post-COVID world.
In our latest podcast, Tony Pititto, National Head of Agribusiness, Food & Beverage at Grant Thornton and Madina Aziz, Audit Partner discuss the opportunities for the sector through the Modern Manufacturing Initiative and what we need next from Government to help Australia target non-traditional export markets.
There’s nothing in the Modern Manufacturing Initiative for the real estate and construction sector, right? Well there is, and it could take the sector into new regions and new kinds of work.
The Government has a 10 year plan to implement the Modern Manufacturing Initiative and develop our manufacturing capability.
The Morrison Government has announced a new $30m support fund as part of the $1.3b Modern Manufacturing Initiative, aimed at supporting the manufacturing sector to commercialise projects faster.
On 10 September, it was announced that the Export Market Development Grant (EMDG) scheme will be reoriented from its current reimbursement model to an upfront grant agreement payable to eligible recipients over multi-year grants from 1 July 2021.
The government has said the economy needs to ‘grow’ out of the recession. Innovation will be to key to this.
Applications open for the 2020 Export Market Development Grant (EMDG) program. Be it products, services or IP, this grant is the Federal Government’s cornerstone funding program for businesses who export or who are looking to elevate their international strategy and operations.
Crisis creates opportunities and stimulates innovation. Survival is without doubt the most critical focus for start-ups during the COVID-19 pandemic, but it can also be a time for start-up founders to establish a solid and long-term strategic plan for scaling up a sustainable business in the long-run.
Australian tax incentive assisting Early Stage Innovation Companies (ESICs) attract funding