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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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.
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Office of the Chief Economist

Industry Growth Centres impact evaluation released

We commissioned ACIL Allen Consulting to evaluate the Industry Growth Centres Initiative in 2019.
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Industry Innovation and Science Australia

AAT decision on Moreton Resources Ltd and IISA

The Administrative Appeals Tribunal (AAT) has handed down its decision in Moreton Resources Ltd and Industry Innovation and Science Australia (IISA)
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Industry Innovation and Science Australia

Review shows venture capital tax concessions help grow the industry

Read the final report of the joint Treasury and Industry Innovation and Science Australia review.
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National Reconstruction Fund

National Reconstruction Fund: diversifying and transforming Australia’s industry and economy

The Australian Government has committed $15 billion to establish the National Reconstruction Fund (NRF) to help diversify and transform Australia’s industry and economy.
Team meeting in an office

Startup Year: kickstarting the next generation of Australian entrepreneurs

Have your say on the development of the Startup Year program – a joint initiative between our department and the Department of Education. Consultations close 15 November 2022.