support for innovation
TRANSCRIPT
PROFIT
(with any unused offset cashed out)
LOSS
(Cheque)
Non-refundable
Company Turnover
Company Tax
Position
Realised Value(per R&D
Dollar)
R&D TAX INCENTIVE
45c 15c 10c
Refundable Refundable
< $ 20M > $ 20M
PROFIT
(with any unused offset carried forward)
BUSINESS MANAGEMENT
$20kGROWTH
GRANT
WHATS ON OFFER.. SUPPORT TO..
FREE
FINANCIAL
MANAGEMENT &
SALES &
SUPPLY CHAIN
Australian firms have LOW levels of COLLABORATION with higher education or public research institutions.
%
0
10
20
30
40
50
60
70
THE PROBLEM – SHARING….
INNOVATION CONNECTIONS
$50k
12Months
to2
$50k $30k
UNIVERSITY BUSINESS GRADUATE
+
And/Or And
+* * *
* Matched funding
80COMPANIES
Participating
$30k
Smallest$250 k
Largest Project
to
8.4 Invested in Projects
Western Australia – Last 4 years
METS
MedTech
Enabling Tech
Advanced Man
Energy Oil & …
Food …
WA INDUSTRY-RESEARCH ENGAGEMENT
INFLATABLE PACKERS INTERNATIONAL
DESIGN VALIDATION OF A DOWNHOLE PACKER
Neville Fowkes, UWA MATHEMATICS
Define the problem to
be solved
Find the right
capability
Define theproject
Determine the right incentive ormechanism
Assist with Contract
Formation
Filtering Brokering & Facilitation Execution
100 30 10Companies Inquiries Projects
FACILITATOR ROLE