Industry innovation

We are boosting innovation in Australian businesses and building competitive industries.

Business innovation grants and initiatives

Our department administers programs and initiatives that support research, entrepreneurship and commercialisation.

Boosting Female Founders (BFF) Initiative

We help women entrepreneurs grow their startups in national and international markets through the BFF Initiative.

Business Research and Innovation Initiative (BRII)

BRII grants encourage businesses to develop innovative solutions to government challenges.

Cooperative Research Centres (CRC) Grants

CRC Grants support medium to long-term collaborative research for up to 10 years.

Cooperative Research Centres (CRC) Projects grants

CRC Project grants support short-term collaborative research for up to 3 years.

Entrepreneurs’ Programme

The Entrepreneurs’ Programme gives businesses access to advice and grant funding.

Industry Growth Centres

Industry growth centres are driving innovation, productivity and competitiveness in 6 key growth industry sectors.

Research and Development (R&D) Tax Incentive

The R&D Tax Incentive stimulates business investment in R&D through tax offsets.

Venture capital

We provide venture capital tax benefits to encourage investment in innovative early-stage businesses.

Innovation entities

Entities guiding innovation policy and program delivery.

Data and program evaluation

The Office of the Chief Economist evaluates the performance of our programs to ensure they are supporting industry innovation.

Latest news

A digger on a construction site.

$44 million in grants to support industry-led research projects

Round 13 of Cooperative Research Centres Projects (CRC-P) grant funding will support 19 projects across Australia.
Scientist looking at test tube

Apply now for Australia-India collaborative research grants

Round 15 of the Australia-India Strategic Research Fund (AISRF) is now open for projects in priority areas.
Close up photo of wheat.

Grant funding open for industry-led research collaborations

Applications for funding are now open under round 24 of Cooperative Research Centre (CRC) grants.

Independent evaluation shows Cooperative Research Centres Program valuable to economy

We commissioned ACIL Allen to evaluate the Cooperative Research Centres (CRC) Program in 2021.
Close up of a computer chip
National Reconstruction Fund

National Reconstruction Fund: virtual consultation sessions

Registrations for virtual consultation sessions are now closed. Watch the virtual consultation presentation.
A robot making biscuits in a factory
National Reconstruction Fund

National Reconstruction Fund: have your say

Have your say in shaping the design of the Australian Government’s National Reconstruction Fund.
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Industry Innovation and Science Australia

Industry Innovation and Science Australia releases latest annual report

Find out about Industry Innovation and Science Australia’s activities and performance for 2021–22.