Australian Government supports innovation, export and business growth by offering several grants to eligible businesses. Many businesses are not aware of such assistance from the government or do not have the time, resource or knowledge to complete the process of obtaining the grants. Here are some of the grants available to Australian businesses.
- Research and Development (R&D) tax incentive: This is a significant tax incentive provided by the government to promote research, innovation and development of new technology and products. This is managed through AusIndustry and ATO. We will liaise with both AusIndustry and ATO to prepare and submit your R&D claim.
- Export Market Development Grants (EMDG) Scheme: The government offers up to 50% reimbursement of export promotion related expenses.
- Early Stage Innovation Company (ESIC): if you invest in a qualifying early stage innovation company (ESIC), you may be eligible for tax incentives.
Contact us for more information.