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Clothing and Household Textile Building Innovative Capability scheme (BIC scheme)


Status: The Clothing and Household Textile (Building Innovative Capability) scheme ("BIC scheme") replaces the TCF Post-2005 (SIP) scheme from the 2010/2011 program year.

Description: The $112.5 million BIC scheme is aimed at fostering the development of a sustainable and internationally competitive clothing and household textile manufacturing and design industry in Australia, by providing incentives to promote innovation and associated investment.

The deadlines for submitting a registration or annual renewal of registration, advance of grant and claim/determination requests are set out in the table below:

PROGRAM YEAR WHEN TO REGISTER WHEN TO LODGE AN ADVANCE WHEN TO MAKE A CLAIM / DETERMINATION
2010/11 (PY 1) Before 1 July 2010 On, or before,
3 January 2012
Before 1 March 2012
2011/12 (PY 2)  Before 1 July 2011  On, or before,
2 January 2013
Before 1 March 2013
2012/13 (PY 3) Before 1 July 2012 On, or before,
 2 January 2014
Before 1 March 2014
2013/14 (PY 4) Before 1 July 2013 On, or before,
2 January 2015
Before 1 March 2015
2014/15 (PY 5) Before 1 July 2014 On, or before,
4 January 2016
Before 1 March 2016

Contact: If you have any queries relating to your eligibility under the BIC scheme or any other queries please call your Customer Service Manager or the AusIndustry hotline on 13 28 46.




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