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Accessing Grants
(like a professional)
Bruce Patten
Pattens Group
A$50 Billion Lottery
Chance of winning 1/25million
Buy a ticket?
Buy los of tickets?
Tell family and friends?
Use a system to chances
Take all winnings or leave some
How much investment is it worth?
Grants?
Fairy tales or legend?
Once upon a time…..
Endangered species?
Worthless or priceless?
Challenging quest?
Rainbow’s end?
Cost you more than you get.
Your business priority is….
1. Increased Sales
2. Lower Expenses
3. Additional Cash
4. More Profits
5. Government Grants
6. All the above
7. All the above and more
Business Grants
Fall into 2 broad categories:
Selected Industries
TCF, Medical, Steel, Cars, Defence,
Clean Tech, Agriculture and Farming
Approved Activities
Manufacturing, Export, Innovation,
Business efficiency, regional, equity.
GST Refund
Expenses exceed income
BAS on accruals basis
Refund of GST before paid
Tax Return can be Cash
Research & Development
What is R&D? (Note the “D” word)
Trial and error (novelty)
Technical risk (failure)
Financial risk
Ownership of Results
R&D Tax Incentive
Scheme’s objective:
Encourage high risk R&D
Prohibitive cost
Uncertain return
Benefit Australian economy
R&D Tax Incentive
Refund of 45% available
Available to Companies
No maximum threshold
Minimum claim $20k
Claim annually in arrears
Must register before lodging tax return
R&D Tax Incentive
Eligibility criteria:
Applicant must be:
- Australia resident corporation
- Foreign Corp with perm Australian
establishment and tax Agreement
- Public trading trust with Corp trustee
- Tax Exempt Entities ineligible
R&D Tax Incentive
Other eligibility requirements :
on own behalf
exploitation of results
carried out in Australia
Australian content
Overseas content
claim within 10 months end FY
R&D Tax Incentive
Eligible R&D activities must be
on claimant’s own behalf and either
Core R&D
Supporting R&D
R&D Tax Incentive
Exclusions
Market research, testing, feedback
Quality Control
Exploration for minerals
Minor mods or changes
Pre-production activities
Patenting
Reverse Engineering
Internal management software
R&D Tax Incentive
Software Rules
Same eligibility test
Can be ‘in-house’ or single use
Not primarily for internal administration
Not site specific
Would proceed anyway
Limited public benefit
Commercialisation Australia
Scheme objective:
Fund commercialisation
Turn ideas into success
Provide tailored assistance
Guidance
Case managers
Access to mentors
Commercialisation Australia
Skills and Knowledge $50k
Proof of Concept $250k
Early Stage Commercialisation
up to $2m
Experienced Executives $350k
Commercialisation Australia
Application Process
Pre-application – Stage 1
Application
Review
Final Application – Stage 2
Case Manager Review
Board Decision
Agreement
Commercialisation Australia
Essentials:
Turnover less than $10m
Turnover less than $50m ESC
Matching Funding
Ownership or access to IP
Funding options rejected
Expressions of Interest
Business Plan
Commercialisation Australia
Assessment Criteria
need for funding
commercial potential
market opportunity
management capability
national benefits
Commercialisation Australia
Eligible costs include:
Labour expenditure
Labour oncost and admin (60%)
Contract expenditure
Plant expenditure
Prototype expenditure
Intellectual property
Export Market Development Grant
Marketing funding assistance for:
Export sales
Tourism income
Overseas sales
No sales at all
Export Market Development Grant
Over 4,000 claims annually
Average claim $34,000
Claims lodged July-November
$10,000 threshold
First claim cover 2 years
Patents and Trademarks eligible
Overseas travel
EMDG
Capped at $150 million pa
Scheme runs to 30 June 2015
Minimum claim is $20,000
Minimum grant is $5,000
First payment of $60k payable after
NOD issued, balance by 30 June
Claims prepared by consultants are 25%
higher than claimant prepared
EMDG
Overseas representation
Marketing Consultants
Communications
Tradeshows
Free samples
Promo material & advertising
Patent and trademarks
Overseas buyers
Overseas Travel
EMDG
First time claimants
Pre-registration not required
Export ready test
Can combine 2 years expenses
No export sales required
Product eligibility determination
Small claims should be reviewed
EMDG
Eligible products and services include
Tourism
Non-tourism
IP, Know how
Trademarks
Services
Overseas manufactured goods
EMDG
Ineligible Expenses
Sales related activities
Promotion to New Zealand, Iran and
North Korea
Promotion of pornographic material
Wages (except samples)
Unpaid expenses (not acquitted)
Agents commission
EMDG
Grant Calculation
Minimum expenditure $20,000
Minimum grant $5,000
Maximum claim is $150,000
Threshold of $10,000
Grant lesser of 50% of eligible expenses
or percentage of export sales
Maximum 7 claims
EMDG
Sales Performance
Year 1 0%
Year 2 0%
Year 3 40%
Year 4 20%
Year 5 10%
Year 6 7.5%
Year 7 5.0%
Enterprise Connect
Turnover over $1m less than $20m
Range of industries
Free Diagnostic
Business Assessment Report
Grant of $20,000
Consultant services – your choice
Australian Technology Showcase
Leading edge technology
Online application
Pre-approved funding
$20,000 export orientated
ATS Logo
International Showcase
Clean Tech Investment Program
Manufacturing sector
Funding 50% of new equipment
Funding 50% of installation
Lower carbon footprint
Energy savings
Food and foundries
Clean Tech Innovation Program
Develop innovation
Reduce carbon footprint
Energy savings
No double claim
Tech Vouchers
Vouchers of up to $15,000
Matched in cash or kind
Any NSW based Research Org’n
Valid for 6 months
Support CA, ARC or EC Researchers in
Business applications
Australian Growth Partnerships
CSIRO Investment Funding in :
Climate Adaptation & Energy Transformed
Food Futures
Future Manufacturing
Light Metals
Minerals Down Under
Preventative Health
Water for a Healthy Country
Wealth from Oceans
Grand Challenge
Bill Gates Foundation
Competitive worldwide
Varying focus
Global relevance
$100,000 - $1m
Staged assessment process
Further Information
www.pattens.com
www.business.gov.au
www.ausindustry.gov.au
www.austrade.gov.au
www.grantslink.gov.au
www.ourcommunity.com.au
Summary
Know the rules
Plan, plan and plan
Be creative but honest
Research successful applicants
Provide the information required
Tell them everything except..
Use qualified experienced professional
Contact Details
Pattens Group Pty Ltd
Suite 611, 1c Burdett St, HORNSBY
PO Box 838, HORNSBY NSW 1630
P: 02 9476 1555
www.pattens.com or
www.pattensgroup.com.au