Showing posts with label Grants and Funding. Show all posts
Showing posts with label Grants and Funding. Show all posts

Thursday, 3 September 2015

CBR backs innovation

A strong and growing economy is essential for us to meet the needs of the Canberra community now and into the future. Our economy will grow, and we will create jobs and wealth, by accelerating our innovation sector and building on our strengths in higher education and service exports.

The ACT Government, through our renewed business development strategy, is continuing to put in place practical policies that create the right business environment and use our competitive strengths to accelerate innovation, creating jobs for Canberra.

One of the three strategic priorities outlined in the business development strategy is accelerating innovation.  As part of this we are providing additional funding to the CBR Innovation Network to support potential high growth businesses including the establishment of the new business incubator program, the KILN incubator.

KILN is a business program that aims to support budding Canberra entrepreneurs through a range of services including coaching, mentoring, business advisory and office space.

Today marks the opening of the 2015 competitive funding round of the CBR Innovation Development Fund.  The Fund has been designed to support a range of initiatives aimed at developing capability and investment across the ACT’s innovation ecosystem.

The Fund will offer $700,000 for initiatives that build the capacity and capability in the innovation ecosystem, demonstrate sustainable economic growth and promote local job development. In the 2016–17 funding round the amount will be increased to $1.45 million.

It is a working example of the Government’s commitment to diversification of Canberra’s economy by creating the right business environment, accelerating innovation to create wealth and jobs and supporting investment in future growth areas.

The higher education and research sector contributes $2.7 billion a year to our economy and creates 16,000 full time equivalent jobs for the Canberra community. This is why the Government has funded a number of innovation programs such as the Innovation Connect grants, which will be delivered in conjunction with ANU and UC’s Discovery Translation Fund.

Canberra’s higher education sector has made a strong commitment to the CBR Innovation Network and recognises that a dynamic innovation ecosystem will assist these institutions to achieve their goal of turning research into commercial outcomes.

We only have to look at successful Canberra companies such as FEI Australia, SmartWard, Enabled Employment and Aspen Medical to see that innovation is vital to strengthening and diversifying the Canberra economy.

My goal is to create more companies like these, which is why the government has decided to back innovation.

This article was originally published by ACT Chief Minister Andrew Barr at www.andrewbarr.com.au.

Thursday, 18 June 2015

Aboriginal & Torres Strait Islander study and training grants now open


The second round of the Aboriginal and Torres Strait Islander Scholarship Grants, which support professional development opportunities, is open for applications with a total of $135,000 in funding available.

The aim of the program is to encourage and support local ACT Aboriginal and Torres Strait Islander residents to undertake study and training which will enhance and support their employment prospects and further develop their skills.

The first round funded 12 people in a varied areas of studies including social science, commerce, public management, arts, psychology and justice studies, diplomas in government, procurement, project management, beauty therapy and certificates in fitness.

The grants can be used for recognised training courses, as supplementary funding to participants on existing leadership programs for professional and personal development and also to support Aboriginal and Torres Strait Islander residents working in the ACT who are undertaking entry level qualifications.

The program works towards fostering a better connected community where everyone has the means to contribute by empowering participants to develop their own individual skills which will strengthen the Canberra and wider Aboriginal and Torres Strait Islander communities.

This program is just one way the ACT Government is working with ACT Aboriginal and Torres Strait Islanders to improve educational outcomes and share a positive vision for the future of our community.

Individuals are able to apply for a grant of up to $5,000 and applications are open for four weeks and close at 5pm on Tuesday 30 June 2015.

To apply for the Scholarship Grants program or to obtain further information, phone 6205 1699 or visit www.communityservices.act.gov.au/atsia/grants

Friday, 22 May 2015

Canberra Start-up Innovations Rewarded


Seven Canberra businesses have been awarded funding of $257,000 in the recent round of the Innovation Connect program.

Innovation Connect is the ACT Government’s flagship innovation program which has provided funding to support and encourage Canberra’s start-up entrepreneurs since 2008.

The program provides valuable early stage funding of up to $50,000 to enable businesses to prove their innovative concepts and encourage them to progress through to commercialisation.

Many successful ACT businesses received their first big break through Innovation Connect funding and more than $3.7 million has now been awarded to 149 small innovative companies.

As the first of a set of programs available to support innovation in the ACT, the funding is designed to accelerate the commercialisation process and convert companies to a highly supportive innovative ecosystem.

The latest successful applicants and their projects are:
  • AxSys Performance – “Pump & Virtual Personal Trainer”, a wearable electronic gym training aid;
  • Dr Jackson Thomas – “An Innovative Dermatological Solution to Scabies”;
  • Platypus Instruments – “Portable Pocket Inverter”, allowing convenient fault trip time testing of residual current devices as required by electrical safety regulations; 
  • Newman Events – “Newman Venues”, an online conference and event venue search system;
  • Cycrete – “Cycrete”, a concrete agitator bowl cleaning additive;
  • Elementice – “Automated Camera Systems Trial”, allowing real time capture and upload to social media of branded business promotional images; and
  • Dr Moses Muti – “Safari Medical”, a web based travel health service.


Find out more about the Innovation Connect program.

Friday, 13 February 2015

Local entrepreneurs and business start ups get helping hand


Chief Minister Andrew Barr, CBRIN CEO Sarah Pearson and Griffin Accelerator CEO Craig Davis

On Friday 13 February 2015 ACT Chief Minister Andrew Barr MLA launched the 2015 GRIFFIN Accelerator program; a program conceived and managed by Canberra entrepreneurs who invest in, host, teach and mentor selected start-ups to create successful new businesses.

GRIFFIN has already completed one very successful program last year with all five participating start up companies receiving investment offers from around Australia at the end of the three month immersive commercialisation program. The 2015 GRIFFIN program will be bigger than 2014, with early planning to support up to 10 new innovative business start-ups.

The Chief Minister said "The ACT Government has placed support for business innovation centrally in its economic development agenda. We know that business innovation and entrepreneurship are essential to expanding the city’s economic base, diversifying our economy and creating new jobs for the future. Our policies and programs to in this area have been successfully guided by Growth Diversification and Jobs, A Business Development Strategy for the ACT"

"In my Ministerial Statement to the Legislative Assembly earlier this week, I announced new directions around procurement reform and advocacy for local SMEs and these directions will form an important part of a second phase of Business Development Strategy to be released in the first half of this year. Greater synergy between innovation policy and government procurement is something I know the business community is keen to see."

"I am delighted the ACT Government has been able to play a role in the establishment of the Griffin Accelerator through administrative funding support in 2014, and in 2015 through our support for the CBR Innovation Network" said the Chief Minister.

Innovators and entrepreneurs from Canberra and Australia are encouraged to apply for the GRIFFIN accelerator’s three month program supported by the CBR Innovation Network. For more information visit the GRIFFIN Accelerator website External Link - opens in new window.

Tuesday, 25 November 2014

Seven Canberra businesses share in Innovation Connect funding


Congratulations to the seven Canberra-based businesses who have been awarded funding from the recent round of the Innovation Connect program.

Innovation Connect is the ACT Government’s flagship innovation program which provides matched-funding grants of up to $50,000 to assist early stage Canberra businesses and entrepreneurs to accelerate the development of products and services through commercialisation pathways.

Since the program was established in 2008, funding of more than $3.5 million has been awarded to 142 local businesses, and that amount was at least matched by all of the grant recipients.

This round’s successful grant recipients were:
  • Burnology Pty Ltd - A web-based collaborative mapping and intelligence management system for use before, during and after emergency incidents;
  • Davoodi Pty Ltd - The development of AutoMed – an automatic, self-adjusting medication system for livestock complete with a mobile and cloud-based management system and data recorder;
  • Ezygene Pty Ltd - Development of a DNA diagnostic kit for identification of Pseudomonas bacteria suitable for commercial sale;
  • Rosemark Water Tanks - The development of a full scale working prototype of an innovative water storage solution designed to remove space, cost and aesthetic barriers to greater water tank adoption;
  • Pendulum Technology Pty Ltd - Bindle the new way to travel. A mobile application that leverages crowd sourced information to help users help themselves. Bindle enables travellers to connect with one another around the world and revolutionises the traditional travel guide as it stands today;
  • MediSen Solutions Pty Ltd - The development of an electronic portal that places control of claims in the hands of the health care providers; and
  • Pictionist - The goal of Pictionist is to revolutionise how people search for images and pictures within an organisation. This will be achieved through implementation of an image search engine that can be customised based on specific characteristics such as image colour, visual structure, and metadata.

Further information visit our Innovation Connect page.

Tuesday, 15 April 2014

Augmented reality bringing cultural sites to life


Six Canberra-based businesses have recently been awarded funding from the latest round of the Innovation Connect grant program.

Innovation Connect, the ACT Government’s flagship innovation program, provides matched-funding grants of up to $50,000 to assist early stage Canberra businesses and entrepreneurs to accelerate the development of products and services through commercialisation pathways.

Since the program was established in 2008, funding of more than $3.2 million has been awarded to 127 local businesses, an amount that was at least matched by the grant recipients.

Among the grant recipients is Paramodic Pty Ltd, who are developing a second-stage prototype for curating and augmenting a narrative of indigenous cultural sites, artefacts and intangible heritage using smart devices.

“The grant will help us to work with local Aboriginal and Torres Strait Islander communities and beyond to enable and inspire our communities to embrace, build, and adapt digital technologies to create real educational and commercial opportunities,” says Ms Mikaela Griffiths, Managing Director of Paramodic Pty Ltd.

The other successful recipients were:
  • Dilkara Hair for the commercialisation of an Indigenous professional hair salon range with specific botanical ingredients consisting of unique natural Aboriginal and Torres Strait Islander blends; 
  • Correct Communications Pty Ltd for the development of a unique cloud-based service focussed on the unified communications needs of small to medium businesses;
  • Targeted Genomics Pty Ltd for the development of high-speed, high-resolution and cost effective genomic testing technologies for the routine quality and safety assessment of drinking and recreational water; 
  • XCOM-1 Pty Ltd t/as HaystackHQ for the development of a web-based visual analytics service for legal eDiscovery targeting regulatory agencies, tier-1 law firms and the Fortune 5000 companies they serve; and
  • Candra Innovations for developing a system for improving dental health with self-screening targeted brushing and networking with professionals using miniature intra-oral camera for oral hygiene devices.

To find out more visit our Innovation Connect page.

Friday, 4 April 2014

Canberra based accelerator program launched


Last week as part of the ANU Connect Ventures Innovation Showcase Chief Minster Katy Gallagher MLA launched the GRIFFIN Accelerator, a Canberra-based start-up accelerator program with a focus on ‘servicing government’.

The GRIFFIN Accelerator gives entrepreneurs the opportunity to take part in a 3+3 program where they have the chance to validate their idea, develop networks and fine-tune their business model. This program model is unique where selected applicants are invited to take part in a 3 month program with $25,000 for customer validation activities, in return for 10% equity. At the end of this 3 month block, a select number of Griffin start- ups will be invited to continue for another 3 month intensive program with an additional $25,000 instalment for a further 5% equity.

Named in recognition of the contribution of the city’s founding father, Walter Burley Griffin, the GRIFFIN accelerator aims to form and support new innovative companies. Its goal is to provide a structured high growth path so start-ups exiting the program have an investible proposition or revenue generation.
The accelerator draws experience from a pool of mentors, each with entrepreneurial experience, skills and experience in the government sector, or a significant technology industry network.

Nick McNaughton, spokesperson for the GRIFFIN Accelerator said “This accelerator program is another building block in the early-stage innovation eco-system in our city. Last year we launched Entry 29 the co-working space which has attracted over 125 paying members since its launch in May 2013. The success of Entry 29 demonstrated the demand for an accelerator program and we are pleased to now be open for business”.

The GRIFFIN Accelerator is the product of collaboration between several of Canberra’s innovation-led institutions including the Lighthouse Business Innovation Centre, NICTA, the Australian National University, the University of Canberra and Ignition Labs, part of ATP Innovations.

Hamish Hawthorn, CEO of ATP Innovations said “We have extensive experience in running accelerator programs in technology, health and energy sectors. Leveraging our capability and expertise to launch other regional programs is of significant interest to us. Partnering with the impressive innovation community of the ACT to launch this in Canberra demonstrates the collaborative spirit that will make this program a success”.

The program’s focus is unique to Australia and leverages the city’s strengths. “We are so much more than a politics, public service and tax town. We have a huge customer on our door step (the Federal Government) and we have significant research and domain expertise in the themes selected for this year’s program” said Mr McNaughton.

Stage one of the GRIFFIN Accelerator program will run from 1 July – 30 September 2014 and will be based at the NICTA Research Labs in the heart of the city.

Phil Robertson, Chief Operating Office of NICTA said “We are excited to be providing the space for this first group of start-ups. NICTA is all about bringing research and industry together and growing businesses, like we have done with our Canberra-led eGovernment Cluster”.

“These lucky start-ups will be surrounded by the large intellectual pool of NICTA researchers and PhD students to help them solve curly issues on the spot”.

Participants who are selected for stage two will continue in an additional period from October to December.

The GRIFFIN Accelerator program is currently seeking applicants with solutions in the Government Software, Government Services, Defence, Education and Health space. Applications close 23 May 2014.

To find out more visit the GRIFFIN Accelerator website External Link - opens in new window.

Tuesday, 10 December 2013

Canberra innovators receive support


A group of Canberra innovators have recently been awarded funding in the latest round of Innovation Connect (ICon) grants.

ICon, the ACT Government’s flagship innovation program, provides matched-funding grants of up to $50,000 to assist early stage ACT businesses and entrepreneurs to accelerate the development of products and services through commercialisation pathways.

The program was established to encourage innovation and to develop new companies and technologies in Canberra.

Since the program was established in 2008, 120 ACT businesses have been awarded funding support in excess of $3 million. This amount or more has also been contributed by the grant recipients in meeting their matched-funding requirement.

In a highly competitive round the recipients are:
  • Minirva Pty Ltd to develop a multiple document analyser software prototype which assists users in extracting valuable information from vast electronic document archives;
  • ChangeBud Pty Ltd to development ChangeBud, a habit shaping, stress management and resilience building application that enables organisations to better support their employees;
  • Euclidify to develop an online 3D printing marketplace prototype that connects consumers and designers of 3D printed items with independent printer owners;
  • Energy Lighting and Electrical Pty Ltd to develop a Tone Voltage and Current Generator prototype which assists in locating specific in-floor heating cables located in concrete floors;
  • Public Knowledge to develop an online clearinghouse for Federal Government budget and operational information;
  • Ambe Engineering Pty Ltd to develop a prototype of ECON WALL, an insulated concrete thermal mass wall system which achieves significant energy savings in buildings whilst improving occupant comfort levels; and
  • Preventative Approach Pty Ltd to develop a self-monitoring software system to be integrated into exercise and stretching devices.

To find out more about the program visit the Innovation Connect page.

Thursday, 7 November 2013

Business ideas that don't cost the earth


ACTSmart Business Sustainability Expo
10am – 4pm
Thursday 14 November 2013
Rydges Lakeside

Looking to make your business more sustainable? Head along to the free ACTSmart Business Sustainability Expo this November and learn about the latest energy and water efficiency products and services, better waste management, as well as advice on creating a healthier work environment.  At the Expo you will also be able to discuss you needs with the ACTSmart team and find the right sustainable solutions for your business.

Businesses that attend the expo and are signed up to an ACTSmart Business program (including those who sign up on the day) have the chance to win $1,000 in prizes*.

Find out more about the ACTSmart Business programs External Link - opens in new window.

This year’s ACTSmart Business Sustainability Expo also includes a range of free seminars on key industry topics and the latest industry trends. View the seminar program External Link - opens in new window. Bookings are required as seats are limited at each seminar. To book, complete the online registration form available on the ACTSmart website External Link - opens in new window.

Following the Expo, from 4pm -6pm a free networking function will be held. Attendance at the networking function is limited. To book email ACTSmartBusiness@act.gov.au.

To find out more about the ACTSmart Business Sustainability Expo including the seminars and networking event visit the ACTSmart website External Link - opens in new window.

*Terms and conditions available at www.actsmart.act.gov.au External Link - opens in new window.

Monday, 22 July 2013

Moon Antenna Supports Future STARS of Science


STARS logo

On 21 July, 44 years ago, the 26 metre dish antenna at the Honeysuckle Creek Tracking Station on the outskirts of Canberra received the first signals from the Moon and made it possible for the world to watch Neil Armstrong take his first steps on the lunar surface via television. This antenna was later relocated to the Canberra Deep Space Communication Complex and after a productive service was retired in November 2009. 

Thanks to a grant from the ACT Government’s Strategic Opportunities Fund, and a partnership between the Canberra Deep Space Communication Complex (CDSCC) External Link - opens in new window, the ANU Advanced Instrumentation and Technology Centre (AITC) External Link - opens in new window and the ACT Education and Training Directorate External Link - opens in new window, the antenna will once again be playing an important role by supporting Australian science, engineering and education.

The STAR Student Program will help engage students in science and engineering at secondary school and provide industry-focused training for undergraduate engineering and science students. 

“It is important that students see the relevance of what they are studying and connect with a future study and career path” said Dr Naomi Mathers, Industry Liaison Engineer, ANU AITC.

“We hope this program will help address the future skills shortage identified by our Chief Scientist and groups like Engineers Australia, and boost Australia’s competitiveness in the innovation sector. We need to inspire students to study Science, Technology, Engineering and Mathematics (STEM) at secondary school for them to aspire to Science and Engineering courses at university.”

The existing control room building next to the antenna will be refurbished to create a mission control-style environment where students can access a pilot-program through NASA Goldstone Apple Valley Radio Telescope (GAVRT), and will later support hands-on programs for students and the public.

Speaking on the STARS Program, CDSCC Director, Dr Ed Kruzins said, “This program will celebrate Australia’s contribution to space science and engineering and help develop the skilled workforce we need to realise future opportunities”.

“In the future we hope to see this iconic Australian antenna dish active once again and contributing to new discoveries made by the next generation of space explorers”.

To find out more information on the STARS program contact Glen Nagle, CDSCC Education & Outreach Manager by email gnagle@cdscc.nasa.gov or phone (02) 6201 7838.

Thursday, 4 July 2013

ICon recipient turns tragedy into innovation

In 2008, Canberra local Matt Darling spent several months in hospital caring for one of his children. He could never have expected that that experience would lead him on a journey to help revolutionise the delivery of patient care in hospitals.

It all began when scans revealed that Darling’s daughter, 15-month old Jem, had a rare tumour on her brain that required surgery. In an interview with the Sydney Morning Herald, Darling recounted a story about a nurse running late in administering a vital post-operative steroid to Jem.

"They'd had to cut through large sections of Jem's brain. A common cause of death after that sort of surgery is a haemorrhage within the brain."

"I kept reminding her but she kept being distracted by people asking for this or that." Eventually, the medication was an hour overdue, “so I knocked on the office door of the nurse unit manager and asked for her help."

The manager checked Jem's chart and told him the records showed that the drug had been administered. The nurse stated that she had given Jem the medication when Darling had stepped away, however eventually confessed that this was not true.

It was this experience, and Darling’s observations that lead him to believe something needed to change. He didn’t believe it was the staff’s fault that these errors were occurring, instead that "It was the structure of the system, and the workload."

"The problem was not 'too many patients and too few nurses', but too much repetitive administration for nurses, who are generally highly qualified people," Darling said.

"We found that 65 per cent of a nurse's time was spent on records, administration and the like, and 35 per cent on patient interaction and care. Which is an astonishing statistic when you think about it." Read the full 'Sydney Morning Herald' article, Heart and Mind External Link - opens in new window.

Darling, an IT systems analyst and designer, decided to come up with a new way for hospitals, nurses and medical professionals to perform many of these administrative tasks. The end result was SmartWard.

SmartWard aims to replace the paper records that hospitals currently use and automate many of the tasks that take time away from patient care. The system is intuitive to use and will be located at all points of care delivery in hospital preventing errors, improving patient outcomes and reducing costs.

SmartWard was awarded Innovation Connect (ICon) grant funding in 2010-11 to assist with development of the technology.  In opening SmartWard’s new office in 2012, ACT Chief Minister Katy Gallager stated “It was through this grant that the company has been able to move forward at a rapid rate and enabled them to accelerate their progress to market by expanding their development team and opening the office in the ACT”.

"SmartWard is quickly making its mark on the e-Health industry both locally and on a national level by commercialising a new health informatics technology for hospital wards”. Read more in Canberra start-up company SmartWard opens new offices External Link - opens in new window.

Following their ICon funding, SmartWard also received funding from the ANU Discovery Translation Fund and Commercialisation Australia.

This has helped SmartWard to get to the stage where clinical trials can begin on the computer system.

To find out more, visit the SmartWard website External Link - opens in new window. To learn more about Mr Darling and his other innovations, including a companion resource developed for those affected by Post-Traumatic Stress Disorder (PTSD), visit Matt Darling’s blog External Link - opens in new window.

Friday, 21 June 2013

ACT film industry makes its mark on Cannes

In May, a delegation from the local Canberra film industry headed over to Cannes to take part in Marche du Film, the annual film market that takes place alongside one of the world’s major film festivals, Festival de Cannes.

This year was the first time a collective group representing the ACT Screen Industry attended the market. The group of 10, led by ScreenACT External Link - opens in new window Director, Monica Penders, included a number of Canberra-based producers and the ACT Screen Investment Fund Manager.

ScreenACT has been working hard over the past years to develop the feature film industry in Canberra. Before leaving, Ms Penders said ''We've just been doing so much development over the last two years, it's timely for us to do this''.

“ScreenACT has been working closely with the producers to maximize the opportunity and exposure.  Going as a group means we can support each other, keep costs down and really get the most out of the market by keeping our eyes open for not only personal opportunity but for one of the other local producers”. Read more in the ‘Canberra Times’ article, Future Fellinis prepare to flaunt films at Cannes External Link - opens in new window.

Marche du Film has grown from humble beginnings with a few dozen participants and one screening room in 1959. Now, 50 years later, the market sees over 11,000 participants annually from over 100 different countries, making it one of the most important meeting places for the industry. Participants consist of a wide range of the film industry including international sales agents, distributors, production companies, national and state film agencies and investors. Find out more about the Marche du Film External Link - opens in new window.

The group took over a number of completed productions and projects in development, including ‘Me & My Mates vs the Zombie Apocalypse’, produced by Daniel Sanguineti, and ‘The Farmer’, produced by Andrew Einspruich, which both came out of ScreenACT's low-budget feature initiative.

To help support this export market development activity, the producers also received matched dollar funding assistance though the ACT Government’s Trade Connect grant program. Both the Trade Connect program and the ACT Screen Investment Fund are initiatives within Growth, Diversification and Jobs: A Business Development Strategy for the ACT.

“We had some great group opportunities – to meet with among others, the producer of Twilight; the head of acquisitions for Warner Bros UK and international sales agent Simon Crowe – who all gave us top tips on getting the most out of Cannes and the market” Ms Penders said following the trip.

The ACT representatives held many individual as well as group meetings, including some that were arranged by Screen Australia External Link - opens in new window specifically for the ACT delegation.

Overall, the ACT delegation  had a successful trip to Cannes, with Ms Penders stating “The first overseas film market Trade Mission was more successful than I anticipated with a number of the teams actually getting offers for distribution from international sales agents and distributors for completed low budget feature projects and other films that are in development.”
This included:
  • a feature film that received serious interest from Australian based international sales agents,
  • a completed Zombie feature film, whose producer is now in negotiation with an international sales agent, and
  • a completed low budget film whose producer is in negotiation with a sales agent for the South American Territories.
“To see the difference between the first day and the last – the ACT representatives were out there making multiple meetings, working the market and getting firsthand knowledge of just how global a product film is” said Ms Penders.

“I am looking forward to Berlin in February with some new additions to this group and hope that these trade missions will be a yearly event on the ScreenACT calendar.”


ScreenACT Director, Monica Penders presents Patrick Strafford, Head of Acquisitions for Warner Bros UL with a boomerang.
ScreenACT Director, Monica Penders presents Patrick Strafford Head of Acquisitions for Warner Bros UK with a boomerang.
 

Part of the ACT team that attended Marche du Film


International Village pavilion set up for Marché du Film
International Village pavilion set up for Marche du Film


Thursday, 18 April 2013

Tax Incentives for your Research and Development

Administered jointly by AusIndustry and the Australian Taxation Office (ATO), the overarching goal of the incentive program is to encourage companies to engage in R&D, in turn boosting competitiveness and improving productivity across the Australian economy.

Canberra business, eWAY is just one example of a local business taking advantage of the program. eWAY CEO and founder, Matt Bullock said “Our global operations centre runs out of Canberra, which also houses the R&D team. Without R&D Tax assistance we would not have been able to develop our world-class payment solutions.” Read more about eWAY’s and other R&D tax incentive business stories External Link - opens in new window.

Subject to eligibility criteria and exclusions, the R&D Tax Incentive can be used to offset expenditure incurred on R&D activities, the decline in value of depreciating assets used in R&D activities and more. Find out more about the eligible deductions External Link - opens in new window.

So is your business entitled to the R&D Tax Incentive? Ask yourself:
  • Are you an eligible company? Find out if you are an eligible company External Link - opens in new window.
  • Are the activities being undertaken experimental activities? Experiments can take place in a range of settings, from a separate laboratory to an otherwise normal production line.
  • Can the outcome of the experiments be known or determined in advance on the basis of publicly available knowledge, information or experience?
  • Where are the activities being undertaken – in Australia or overseas?
  • Who is conducting the activities? You are only entitled to a tax offset for R&D activities conducted for your company (there are some exceptions to this).
  • Do you have notional deductions of $20,000 or more? If not, have you contracted the activities to a registered RSP, or made a monetary contribution under the CRC program? 
  • Do you have appropriate records and evidence of conducting eligible R&D activities to substantiate your claim?
If you are planning to claim under the R&D Tax Incentive you must register your eligible R&D activities with AusIndustry. You are required to complete this registration process each year you plan to claim.

You need to register your activities within 10 months of the end of the income year in which the activities were conducted.  For example, if your business operates on a standard financial year (1 July to 30 June) you must register by 30 April 2013. If your business operated on a substituted accounting period (1 January to 31 December) you must register by 21 October 2013.

To register for the R&D Tax Incentive visit the AusIndustry website External Link - opens in new window. To find out more about the program visit the AusIndustry and Australian Taxation Office External Link - opens in new window websites.

Wednesday, 10 April 2013

ACT Screen Investment Fund – Growth and Sustainability in the ACT Screen Industry

Are you looking for funding for your next screen project? Does your project provide economic, cultural and creative benefits to the ACT? The ACT Government’s Screen Investment Fund may be your answer.

Designed to support growth and sustainability in the ACT screen industry, the Fund can provide you with equity co-investment for creative, original and commercial projects. This includes film, television and digital media projects.

Established in 2010, the ACT Screen Investment Fund has supported a number of screen projects, the most recent being a documentary, ‘Canberra Confidential’. Presented by ABC journalist and Logie award nominee Annabel Crabb, Canberra Confidential explores some of the forgotten scandals, political secrets and espionage sagas that shook the nation over the past century. The documentary aired on ABC in mid-March and received positive ratings in all the capital cities, making it one of ABC’s highest watched programs on the night. Find out more about Canberra Confidential External Link - opens in new window.

This isn’t the only success story for the Fund. In 2011, the Fund supported ‘The Digger – A History’, which went on to receive the gold award at the 2011 Cannes Corporate and Television Awards in the History and Civilization category. The Digger tells the story of those who have represented Australia in the various battlefields and trenches across the world - from South Africa and Egypt, to the Western Front, New Guinea, Korea and Vietnam. Find out more about The Digger – A History External Link - opens in new window.

To find out more about the Fund, visit our ACT Screen Investment Fund page.

The ACT Screen Investment Fund holds up to four funding rounds each financial year. If you are interested in applying for funding be quick! Applications for the latest funding round close 5pm Monday 29 April 2013.

Annabel Crabb in ‘Canberra Confidential’.
Annabel Crabb in ‘Canberra Confidential’.
Annabel Crabb & Director-General of ASIO David Irvine, on location at the National Archives of Australia.
Annabel Crabb & Director-General of  ASIO David Irvine, on location at the National Archives of Australia.

Wednesday, 3 April 2013

Are you looking to make your workplace healthier?

Healthier Work are now accepting applications for the ACT Small Business Workplace Health and Wellbeing Incentive Program.

The Incentive Program aims to support small businesses in the ACT to kick start health and wellbeing initiatives in their workplace or to extend and add value to existing health and wellbeing programs.

The Incentives Program will provide funding to organisations for activities that promote healthy lifestyle choices for ACT workers by targeting the following key health areas:
  • Increased physical activity
  • Healthier eating
  • Smoking reduction/cessation
  • Improved social and emotional wellbeing
  • Reduction of harmful alcohol consumption
Funding is available for ACT workplaces with up to 50 employees, in the private and community sectors. Depending on the number of employees, you can apply for funding of $1,000, $3,000 or $5,000 for your workplace.

To be eligible for funding, you must have had a visit from a Healthier Work Industry Advisor within six months of the date of applying. To arrange a visit contact Healthier Work External Link - opens in new window.

Applications for the program close on Friday 12 April 2013.

Visit www.healthierwork.act.gov.au External Link - opens in new window for the full terms and conditions and details on how to apply.