CSIRO Expands Kick-Start R&D Funding Program To More SMEs

CSIRO Expands Kick-Start R&D Funding Program To More SMEs

CSIRO (or the Commonwealth Scientific and Industrial Research Organisation to its friends) has expanded its R&D grants available through its Kick-Start program to more small and medium-sized enterprises.

Lead image: Dr Megan Sebben, Kick-Start program manager, CSIRO.

Previously, the funding was only available to firms with an annual turnover of up to $1.5 million. However, this has been lifted to include businesses with a turnover of up to $10 million.

This change was made to bring CSIRO into line with the Australian Taxation Office’s small business definition.

The research body said that it had helped 260 small businesses with the funding since 2017 and “contributed $24 million in R&D activities”.

The Kick-Start program helps businesses scale by providing matched funding between $10,000 and $50,000 in value along with connecting small businesses with a suitable CSIRO researcher or research team.

A CSIRO spokesperson said that the change in the eligibility criteria was ” “a proactive approach in responding to the growing demand and the challenges faced by businesses in securing support for R&D activities”.

CSIRO Kick-Start program manager Dr Megan Sebben said the funding initiative “serves as a driver for change” and innovation was the “lifeblood of success” in today’s business landscape.

Latest News

Why Too Few Women Are Scaling The Career Heights In The IT Sector
  • Opinion

Why Too Few Women Are Scaling The Career Heights In The IT Sector

There’s still more work to do, to ensure female candidates have a decent shot at challenging and fulfilling roles, says AVEVA director of sales, Pacific, Christine McNamara in this op-ed. Who thinks Australia is doing ok, when it comes to evening up the scales in the historically male-dominated world of IT. Women comprise 29 per […]

Opinion
Host Of New Hires At Snap
  • Social Media

Host Of New Hires At Snap

Snap Inc. has announced a host of new hires across its team in Australia, including Dina Bailey as ANZ agency lead. Lead image: L to R – Dina Bailey, Bethany Rao-Davies, Sarah Ding, Rob Fitzpatrick, Tony, Daniel King, Elise Keeling The new hires include Dina Bailey, ANZ agency lead; Daniel King, senior client partner; and […]

X Booted Out Of Social Self-Reg Code Following Inaction On Voice To Parliament Disinformation
  • Social Media

X Booted Out Of Social Self-Reg Code Following Inaction On Voice To Parliament Disinformation

X, the platform formerly known as Twitter, has been kicked out of Australia’s code for managing misinformation and disinformation online due to its lack of response to user complaints during the Voice to Parliament referendum. Lead image; Linda Yaccarino, CEO, X Twitter and subsequently X, had been a signatory to the Australian Code of Practice […]

Leonardo.Ai Accelerates Global Growth Generating 700 Million AI Images In Less Than A Year On AWS
  • Technology

Leonardo.Ai Accelerates Global Growth Generating 700 Million AI Images In Less Than A Year On AWS

Amazon Web Services (AWS) has announced that Leonardo.Ai, an Australian generative artificial intelligence (generative AI) content production platform, is creating 4.5 million new images daily on the world’s most comprehensive and broadly adopted cloud. Since launching in December 2022, Leonardo.Ai’s users have generated more than 700 million images and trained more than 400,000 custom generative […]