On 02 February 2010, Senator Kim Carr, Minister for Innovation, Industry, Science and Research, announced 11 COMET grants totalling $774,400 in national funding to help bring innovative Australian projects to market.
On 19 January 2010, Small Business Minister Dr Craig Emerson and Tourism Minister Martin Ferguson announced that grants ranging from $50,000 to $700,000 had been offered to 47 small business support groups including industry associations.
On 04 January 2010, Senator Kim Carr, Minister for Innovation, Industry, Science and Research, called on all innovators wishing to bring their product to the marketplace to apply for tailored, hands-on assistance from Commercialisation Australia.
On 18 December 2009, the Rudd Government released draft legislation for the new R&D Tax Credit - the biggest reform to business innovation policy in over a decade.
On 21 December 2009, the Rudd Government called on the country’s innovators to start preparing their applications for assistance from Commercialisation Australia – the Government’s radical new approach to commercialising our best research.
On 18 December 2009, Senator Kim Carr, Minister for Innovation, announced eleven fund managers will distribute a total $64 million in government funding to assist 35 early stage companies to continue developing and commercialising innovative technologies.