$41.7 million boost to commercialise lifesaving medical discoveries

An innovative nasal treatment to fight COVID-19, common colds and flu is being taken to the next stage of testing, thanks to the Morrison Government’s $500 million Biomedical Translation Fund. Developed by Australian biotech company Ena Respiratory, INNA-051 works by stimulating the innate immune system, the first line of defence against the invasion of pathogens…

$1 BILLION MANUFACTURING AGREEMENT SECURES AUSTRALIA’S NATIONAL HEALTH SECURITY

A new high-tech vaccine manufacturing facility will be developed in Melbourne to secure Australia’s long-term supply of critical health products including pandemic influenza vaccines and life-saving antivenoms. The $1 billion agreement between the Morrison Government and Seqirus also provides the ability to rapidly manufacture vaccines when responding to health pandemics in the future. Prime Minister…

SUPPORTING NSW SOUTH COAST START-UP BUSINESSES TO BUILD BACK STRONGER

The Morrison Government is further backing start-up businesses on the NSW South Coast to recover and thrive after the devastating bushfire season and COVID-19 pandemic. The Bega Valley Innovation Hub is one of the latest recipients of the Incubator Support Initiative, and will use its $250,000 grant to help regional business owners access its specialised…

GRANTS FOR RESEARCH PROJECTS USING CITIZEN SCIENCE

Australian organisations with research project ideas that encourage the community to get involved are invited to apply for a Citizen Science grant. Grants of between $150,000 and $500,000 are available to support projects that enable community participation in four key research areas: disaster resilience and preparedness, environmental change, cyber security and artificial intelligence, and food…

NEW GUIDANCE TO SUPPORT INVESTMENT IN RESEARCH AND DEVELOPMENT

The Morrison Government has strengthened its commitment to supporting companies to invest in research and development, releasing refreshed R&D Tax Incentive (R&DTI) guidance today. The guidance follows the Government’s investment of a further $2 billion into the incentive, which provides a tax offset to support Australian companies to undertake additional research and development activities. The…

JOB-CREATING ENERGY HUB GIVEN MAJOR STATUS BACKING

The Morrison Government is helping fast-track the world’s largest green hydrogen and ammonia production facility, which is expected to create tens of thousands of jobs in Western Australia. The proposed Asian Renewable Energy Hub (AREH) in the Pilbara region is expected to support more than 20,000 direct and indirect jobs during construction over 10 years,…