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Funding and incentives

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We provide funding and incentives to ensure Australian businesses and industries can compete and thrive on a global scale.

See the business.gov.au website for services across government to support your business.

Emissions reduction

Emissions Reduction Fund

The Emissions Reduction Fund incentivises businesses to adopt smarter practices to cut their greenhouse gas emissions.

Low emissions technologies for fossil fuels

Low emission fossil fuel technologies reduce greenhouse gas emissions in the power sector and in industrial processes.

Renewable Energy Target scheme

The Renewable Energy Target scheme encourages the generation of electricity from renewable sources to reduce greenhouse gas emissions in the electricity sector.

Industry innovation and science

Australian Square Kilometre Array Fellowships Programme

The Australian Square Kilometre Array (SKA) Fellowships Programme provides opportunities to contribute directly to the design and development of the SKA.

Business Research and Innovation Initiative

We encourage businesses to develop innovative solutions to policy and service delivery problems with the Business Research and Innovation Initiative (BRII).

Business-research collaboration

We offer initiatives and programs for business-research collaboration to help Australian businesses innovate and grow.

Collaborating with Asia-Pacific on science, research and innovation

The Regional Collaborations Programme funds multi-partner science, research and innovation collaborations to deliver innovative solutions.

Collaborating with China on science and research

The Australia-China Science and Research Fund (ACSRF) supports strategic science, technology and innovation collaboration between Australia and China.

Collaborating with India on science and research

The Australia-India Strategic Research Fund supports scientists in India and Australia to collaborate on leading-edge research.

Cooperative research centres

Our Cooperative Research Centres (CRC) Program supports Australian industries’ ability to compete, produce and partner with the research sector.

Enabling international space investment

We provide grants for projects that enable Australia to participate in international space activities through the International Space Investment initiative.

Industry 4.0

We’re creating an environment that will allow businesses to grow and compete by embracing new technologies, including Industry 4.0.

Inspiring Australia: Science engagement in Australia

Inspiring Australia facilitates community-wide science engagement activities and administers grants and prizes.

International research collaboration

The Global Innovation Linkages and the Global Connections Fund encourage international collaboration.

Moon to Mars: opportunities for Australian businesses

The Australian Space Agency is helping businesses and researchers join NASA in lunar exploration and beyond.

Prime Minister's Prizes for Science

The Prime Minister’s Prizes for Science are Australia’s most prestigious awards for achievements in scientific research, research-based innovation, and science teaching.

Research and Development Tax Incentive

The Research and development (R&D) Tax Incentive is the government’s key mechanism to stimulate Australian industry’s investment in R&D.

Supporting advanced manufacturing

We encourage innovation in advanced manufacturing by funding research, investing in engineers and scientists, providing testing facilities, and developing business capability.

Supporting business and innovation

The Entrepreneurs' Programme helps businesses to innovate, compete and grow by providing expert support, funding and incentives.

Supporting space infrastructure growth

We provide funding for domestic businesses and researchers to participate in the global space economy, through the Space Infrastructure Fund.

Transitioning Australia’s automotive manufacturing industry

The Australian Government is supporting automotive workers and supply chain businesses affected by the closure of the Australia’s car manufacturing industry. 

Venture capital

We encourage venture capital investment through the Early Stage Venture Capital Limited Partnerships and Venture Capital Limited Partnerships programs.

Resources

Supporting critical minerals projects in Australia

Government funding, information and tools are available to help companies progress major critical minerals projects in Australia.