Funding and incentives

Main content area

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

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

Industry 4.0

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

Prime Minister's Prizes for Science

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

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.

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.

Inspiring Australia: Science engagement in Australia

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

Australia-China Science and Research Fund–Joint Research Centres

Australia-China Science and Research Fund (ACSRF)–Joint Research Centres (JRCs) are virtual centres that link Australian and Chinese research institutions conducting priority research-related activities.

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 government policy and service delivery problems, with a series of ‘challenges’ called the Business Research and Innovation Initiative (BRII).

Carbon Capture Storage Flagships

The Carbon Capture and Storage Flagships program supports a small number of demonstration projects. These projects focus on transporting and storing carbon dioxide emissions.

Coal Mining Abatement Technology Support Package

The Coal Mining Abatement Technology Support Package assists the coal industry and research partners to commercialise technologies that can reduce (abate) fugitive methane emissions from coal mines.

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 to shared regional challenges.

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.

Cooperative research centres

Our Cooperative Research Centres (CRC) Program supports Australian industries’ ability to compete and produce. We do this by helping industry partner with the research sector to solve industry-identified issues.

Hydrogen Energy Supply Chain Pilot Project

The Australian and Victorian Governments are supporting a world-first project to produce hydrogen in Victoria and export it to Japan. The four-year Pilot Project will run from 2018 to 2021 to test the supply chain from Australia to Japan.

International research collaboration

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

Investigating greenhouse gas storage sites

Carbon capture and storage has the potential to lower Australia’s carbon emissions. The Australian Government, along with state and territory governments, are investigating several greenhouse gas storage sites.

Low Emissions Technology Development Fund

The Low Emissions Technology Development Fund aims to demonstrate the commercial potential of new technologies and processes to deliver long-term large-scale greenhouse emissions reductions.

Low emissions technologies for fossil fuels

Low emission fossil fuel technologies reduce greenhouse gas emissions in the power sector and in industrial processes. These technologies include carbon capture utilisation and storage, high efficiency low emission and fugitive emission abatement technologies.

National Low Emission Coal Initiative

The National Low Emissions Coal Initiative supports the development and deployment of low emission technologies and carbon dioxide transport and storage infrastructure. The program aims to achieve major cuts in greenhouse gas emissions from coal use.

Science and research

We lead the government's science initiatives and provide funding and support for international collaboration.

Supporting advanced manufacturing

We encourage innovation in advanced manufacturing by funding research, investing in emerging engineers and scientists, providing facilities to test new products, 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..

Transitioning Australia’s automotive manufacturing industry

The Australian Government is continuing to support 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.