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The Australian Government's Innovation Report

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Enhancing industrial R&D 44<br />

R&D Tax Concession 44<br />

Rural R&D Corporations and Companies 45<br />

Food Centres of Excellence 46<br />

Food <strong>Innovation</strong> Grants Programme 48<br />

Upgrading research infrastructure 48<br />

National Collaborative Research Infrastructure Strategy 48<br />

Major National Research Facilities Programme 49<br />

Systemic Infrastructure Initiative 50<br />

Promoting the internationalisation of R&D 51<br />

International Science Linkages 51<br />

Australia-India Strategic Research Fund 52<br />

<strong>Australian</strong> Centre for International Agricultural Research 52<br />

Improving research quality and accessibility 54<br />

Research Quality Framework 54<br />

Research Accessibility Framework 55<br />

PART TWO – ACCELERATING THE COMMERCIAL APPLICATION OF IDEAS 56<br />

Performance highlights 56<br />

Providing capital for commercialisation 57<br />

Venture Capital Review 57<br />

Venture Capital Regime 57<br />

Pooled Development Funds 58<br />

<strong>Innovation</strong> Investment Fund 58<br />

Renewable Energy Equity Fund 59<br />

Pre-Seed Fund 59<br />

Assisting research to investment ready stage 61<br />

Commercial Ready 61<br />

Commercialising Emerging Technologies Programme 62<br />

Building on ICT strengths 64<br />

Advanced Networks Programme 64<br />

Intelligent Island Programme 65<br />

ICT Incubators Programme 65<br />

Encouraging companies to innovate 66<br />

Renewable Energy Development Initiative 66<br />

<strong>Innovation</strong> Access Programme – Industry 67<br />

Industry Cooperative <strong>Innovation</strong> Programme 68<br />

Information Technology Online Programme 69<br />

Pharmaceuticals Partnerships Programme 70<br />

New Industries Development Programme 71<br />

Textile, Clothing and Footwear Post-2005 Strategic Investment Programme 72<br />

Automotive Competitiveness and Investment Scheme Motor Vehicle Producer Research<br />

and Development Scheme 72<br />

Renewable Energy Commercialisation Programme 73<br />

Greenhouse Gas Abatement Programme 73<br />

4 Backing Australia’s Ability

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