Industry innovation

We are growing innovative and competitive Australian businesses, industries and regions.

Delivering business innovation programs

Our department and portfolio administer programs and services that support research, collaboration, entrepreneurship and commercialisation.

National Reconstruction Fund (NRF)

The Australian Government established the National Reconstruction Fund Corporation (NRFC) to support priority areas of the Australian economy. It will provide finance in the form of debt, equity and guarantees to su...

Industry Growth Program

This program provides advice and grant funding for innovative small to medium enterprises and startups to commercialise their ideas and grow their businesses. Projects must align with NRF priority areas.

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.

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 program

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

Guiding industry innovation

These entities guide innovation policy and program delivery.

Industry Innovation and Science Australia

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

AusIndustry

AusIndustry provides a connection between small and medium size business and government.

Supporting innovative industries

Manufacturing

Innovation supports our efforts to strengthen Australian manufacturing.

Critical minerals

We’re accelerating Australia’s critical minerals sector to enable clean energy technologies.

Technology

We’re supporting innovation in Australia’s critical and emerging technology industries.

Industry innovation news

Image shows a woman in a factory. She is standing next to the control panel for a machine tool, smiling and looking towards the camera.

Helping small businesses through new Industry Growth Program grant opportunities

Industry Growth Program grant opportunities are now open for innovative startups and small and medium enterprises (SMEs).
Close up photo of wheat.

Grants to support community and economic priorities through collaborative research

Round 16 of the Cooperative Research Centres Projects (CRC-P) grant is now open. Applications close 5 June.
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New plan to support Australian medical manufacturing

The plan will inform investment and other actions for manufacturing in this priority area of the economy.
Andrew Bate (left) and colleagues on a farm

SwarmFarm Robotics is transforming the future of farming

The company is helping Australian farmers use cutting edge tech with support from our Early Stage Venture Capital Limited Partnership program and Tenacious Ventures.
Vanessa Waddell and a colleague in the PolyActiva laboratory.

PolyActiva is changing how we look at eye biotech

The company is developing new ocular technology with support from our Biomedical Translation Fund and Brandon Capital.
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Funding for solutions using renewables and low emissions

$7.5 million in BRII grants to boost small business innovation. Applications close 18 April 2024.
A digger on a construction site.

$51 million in grants to support industry-led research projects

Round 15 of Cooperative Research Centres Projects (CRC-P) grant funding will support 21 projects across Australia.

Data and program evaluation

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

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