Innovation, incentivised: How key R&D Tax regimes compare around the world
InsightCompare key R&D tax incentive regimes worldwide. See how global innovation funding, benefit levels, and eligibility differ across major jurisdictions.
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Several grant programs are available to help businesses accelerate planned projects. Stay informed about grants from Commonwealth and State sources to turn your manufacturing, agriculture, and green economy projects into reality.
Supporting the commercialisation of Australian solar photovoltaic (PV) innovations, to enhance solar PV supply chains in Australia.
Stream 1A: Solar PV Manufacturing Innovation
Stream 1B: Delivering community benefits
More information: https://arena.gov.au/funding/solar-sunshot/
Supporting small-to-medium (SME) sized businesses (turnover under $20m) to develop or scale up innovative products, processes or services in 7 priority areas.
More information: https://www.grantthornton.com.au/insights/client-alerts/industry-growth-program-grants/
Competitive government grant program supporting Australian-Singapore collaborations on green energy projects.
More information: https://www.dfat.gov.au/geo/singapore/singapore-australia-green-economy-agreement/go-green-co-innovation-program-ggcip
Supporting Queensland’s small-to-medium (SME) sized manufacturers to increase international competitiveness, productivity, and innovation via the adoption of new technologies and processes.
More Information: https://www.business.qld.gov.au/industries/manufacturing-retail/manufacturing/grant-programs/made-in-queensland
Supporting SME manufacturers in five priority locations to be more productive, build advanced manufacturing capabilities and create jobs of the future.
Stream 1: Delivering network & community benefits
Projects must implement at least one neighbourhood battery, prove quantified benefits for both the electricity network and local community, and provide at least a 30 per cent cash contribution.
Funding (of up to $400,000 per battery) will be provided for projects that:
Stream 2: Delivering community benefits
Projects must implement at least one neighbourhood battery, prove quantified benefits for the local community, and provide at least a 10 per cent cash contribution
Funding (of up to $400,000 per battery) will be provided for projects that:
Stream 3: Delivering energy resilience
Projects must implement at least one energy back-up system that will be capable of continuing to supply power to a publicly accessible building during grid outages, prove quantified benefits for the local community, and provide at least 5 per cent cash contribution.
Funding (of up to $400,000 per back-up system) will be provided for projects that:
Eligibility
The following organisations can apply for funding:
Applicants must have
Note that each funding stream has additional priorities, including the target communities, the novelty of the battery operations and/or commercial model proposed, and the battery location within one of 29 Victorian Government prioritised LGAs.
More information: https://www.energy.vic.gov.au/grants/neighbourhood-batteries/100-neighbourhood-batteries-program-grants
Connect with Simone Barker on LinkedIn to keep on top of the evolving grants landscape.
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Compare key R&D tax incentive regimes worldwide. See how global innovation funding, benefit levels, and eligibility differ across major jurisdictions.
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