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 short-term collaborative research for up to 3 years.

Cooperative Research Centres (CRC) Projects grants

CRC Projects grants support medium to long-term collaborative research for up to 10 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

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Trans-Tasman Innovation and Growth Award winners announced

The award winners showcase some of the best examples of innovation, collaboration and growth across Australian and New Zealand emerging businesses. Read more about the awards and our…
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Updated regulations and principles for the R&D Tax Incentive

We’ve made some minor changes to the administration of the scheme.
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Board of Taxation review of the R&D Tax Incentive dual agency administration model

The review provides valuable insights into ways to enhance the administration of the Research and Development (R&D) Tax Incentive.  
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R&D Tax Incentive draft determination for clinical trials: have your say

We’d like your feedback on the R&D Tax Incentive’s draft determination for clinical trials. The determination will facilitate biotechnology R&D registration through existing…
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ANAO report on the administration of the R&D Tax Incentive

Read the Australian National Audit Office (ANAO) performance audit report.
News - Industry Research and Development review

Industry Research and Development review: have your say

The Industry Research and Development regulations and decision-making principles will sunset next year. We are consulting on proposed amendments until 9 September 2021.
Industry Innovation and Science Australia

Review of venture capital tax concessions: have your say

The consultation to review of the venture capital tax concessions is now open.