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Industry Innovation and Science Australia committees

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Industry Innovation and Science Australia (IISA) oversees many innovation programs under the following committees.

Research and Development Incentives Committee

The Research and Development Incentives Committee advises ISA on the operations of the R&D Tax Incentive program for income years on or after 1 July 2011.

The program is the Australian Government’s incentive for industry investment in R&D.

It is a broad-based, market-driven program.

It is accessible to all industry sectors.

The program provides tax offsets to eligible entities undertaking eligible R&D activities.

For more information, read:

Entrepreneurs' Programme Committee

The Entrepreneurs’ Programme delivers advice and grants to enable high‑potential businesses to:

  • Strengthen
  • grow
  • innovate
  • commercialise nationally and globally

The programme includes the following:

Accelerating Commercialisation

For businesses, entrepreneurs and researchers to develop, produce and sell:

  • novel products
  • processes
  • services

Growth (Business management)

It helps businesses to grow by improving:

  • management capability
  • capacity to trade and export in global markets
  • supply chain performance

Incubator Support

This helps fund incubators who support Australian startups. Startups must have an international focus, and get experts in to improve success.

Innovation Connections

This connects businesses with the research sector. This supports them to undertake collaborative research projects to develop innovative solutions.

Strengthening Business

This helps get bushfire-affected businesses back on track. It provides support from a business expert.

Committee role

The Entrepreneurs’ Programme Committee provides merit assessments and ranking recommendations on applications under the:

For more information:

Cooperative Research Centres Advisory Committee

The Cooperative Research Centres Advisory Committee provides advice and recommendations on:

It also oversees CRC Program operations.

The CRC Program is a competitive, merit-based grants program.

It supports industry‑driven multi-year research collaborations.

The CRC Program has two streams:

  • Cooperative Research Centre grants (CRCs) supporting medium to long term industry-led collaborative research, for up to 10 years.
  • Cooperative Research Centre Project grants (CRC-Ps) supporting short term, industry-led collaborative research, for up to 3 years.

The program has supported the development of technologies, products and services.

These have helped Australian industries by:

  • reducing industry problems
  • increasing competitiveness
  • increasing productivity
  • improving sustainability

For more information:

Innovation Investment Committee

The Innovation Investment Committee assists Indsutry Innovation and Science Australia to:

  • administer the department’s suite of venture capital programs
  • provide guidance throughout the program lifecycle

The committee looks after these programs to simulate the Australian venture capital sector:

The Venture Capital Act 2002 provides these two other types of registration:

For more information:

Biomedical Translation Fund Committee

The Biomedical Translation Fund Committee assists IISA to:

  • administer the Biomedical Translation Fund
  • provide guidance throughout the program lifecycle

The Biomedical Translation Fund (BTF) is an equity co-investment venture capital program that:

  • supports commercialisation of biomedical discoveries in Australia
  • assists translation of biomedical discoveries into high growth potential companies

The BTF supports early stage companies that are, or will be, developing and commercialising biomedical discoveries.
They must focus on the long term health and economic wellbeing of Australians.

For more information:

Legacy programs

IISA monitors the following closed programs:

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

AusIndustry (a division of DISER) will continue to work with legacy program customers.

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Last updated: 12 November 2020

Content ID: 26776