| COMET |
R&D Tax Concession |
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 COMET is a competitive, merit-based grants program that supports the commercialisation of innovative products, processes and services. Applications are invited on an ongoing basis.
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 The program enables Australian companies to deduct up to 125% of their research and development expenditure when lodging their tax returns.
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| Climate Ready Program |
Green Building Fund (GBF) |
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 The program is a competitive grants program providing grants matching funding basis to support R&D, proof-of-concept & commercialisation activities to develop solutions to climate change challenges.
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 The initiative is designed to help Australian businesses implement cost saving energy efficiency measures through retrofitting and retro-commissioning of existing commercial buildings.
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Re-tooling for Climate Change (RCC) |
Green Car Innovation Fund (GCIF) |
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 The program is targeted at assisting Australian manufacturers improve their production processes, reduce their energy use and cut carbon emissions.
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GCIF is a competitive grants program supporting design and development activities in Australia to reduce fuel consumption and/or greenhouse gas emissions of passenger motor vehicles. |
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Industry Cooperative Innovation Program (ICIP) |
R&D Tax Credit |
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 The program provides up to 50 per cent of the eligible expenditure costs to support projects focused on meeting a strategic industry sector need.
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R&D tax Credit is a broad-based, market driven package to replace the R&D Tax Concession with a tax credit system. A consultation process will be undertakenwith industry to implement this new measure in mid 2009. Details will be widely publicised available. |