Industry Innovation and Science Australia

Industry Innovation and Science Australia

We are an independent statutory board of entrepreneurs, investors, researchers and educators.

What we do

We advise the Australian Government on innovation, science and research matters.

We are responsible for:

  • promotion of investment in industry and Australia’s innovation, science and research system
  • monitoring innovation programs through our committees, including ongoing projects under programs which are now closed to applications

The Office of Industry Innovation and Science Australia provides support to our board and is led by the Executive Director. The office:

  • supports the implementation of our long-term initiatives
  • performs legislative functions and directions from the minister.
Industry Innovation and Science Australia logo

Meet the board

Industry Innovation and Science Australia Board

Industry Innovation and Science Australia
The board gives independent advice to the Australian Government on industry, innovation, science and research.

Featured initiatives and publications

More publications

Latest annual report

Our annual report outlines our activities, case studies and financial performance for the previous financial year.
27 Nov 2023

Barriers to collaboration and commercialisation

IISA looked at barriers for small and medium businesses to commercialise innovative ideas in Australia.

Venture Capital Tax Concessions Review

Industry Innovation and Science Australia and the Treasury reviewed venture capital tax concession programs.

Driving effective government investment in innovation, science and research

In 2019–20, the Australian Government invested $10.1 billion in innovation, science and research (ISR). This report reviews the effectiveness of the Australian Government’s ISR investments.

Statement of expectations and intent for Industry Innovation and Science Australia

Our role is to advise on all innovation and science matters. Read the government’s statement of expectations and our response.
Read more

Committees

We oversee many innovation programs under the following committees.

Innovation Investment Committee

The Innovation Investment Committee administers the department’s suite of venture capital programmes and provides guidance throughout the lifecycles of the programs.

R&D Incentives Committee

The R&D Incentives Committee advises IISA on the operations of the R&D Tax Incentive Program.

Entrepreneurs' Programme Committee

The Entrepreneurs’ Programme Committee provides merit assessments and ranking recommendations on applications to a number of programmes and initiatives for businesses.

Cooperative Research Centres Advisory Committee

The Cooperative Research Centres Advisory Committee provides advice and recommendations regarding Cooperative Research Centres. It also oversees Cooperative Research Centre Program operations.

Industry Growth Program Committee

The Industry Growth Program Committee performs merit assessments of eligible grant applications and making recommendations regarding the award of grants for the Industry Growth Program.

Monitoring previous programs

We also monitor the following closed programs:

  • Biomedical Translation Fund
  • Innovation Investment Follow-on Fund
  • Innovation Investment Fund
  • Pooled Development Funds
  • Pre-Seed Fund.

AusIndustry will continue to work with legacy program customers.

Industry Innovation and Science Australia news

More news
Illustration of a light globe, computer circuity and code.
Industry Innovation and Science Australia

New members appointed to Industry Innovation and Science Australia

These appointments will expand the breadth and depth of IISA’s experience and connections across the innovation ecosystem.
Photo of Peter Rossdeutscher
Industry Innovation and Science Australia

Mr Peter Rossdeutscher AM appointed as Chair of Industry Innovation and Science Australia

Accomplished executive, with over 2 decades of expertise in Australia’s innovation ecosystem, appointed Chair of Industry Innovation and Science Australia.
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Industry Innovation and Science Australia

Industry Innovation and Science Australia (IISA) releases 2023-24 annual report

Find out about IISA’s activities and performance over the last financial year.
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Industry Innovation and Science Australia

Industry Innovation and Science Australia (IISA) releases 2022–23 annual report

Find out about IISA’s activities and performance over the last financial year.

More information

Find out how to request documents under the Freedom of Information Act 1982
Find past policy submissions on the Australian Government website archive
Find past speeches, interviews and opinion pieces on the Australian Government website archive
See past annual reports

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