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Technology - Start Up / Enterprise

Australian Startups

The Key to our Future Economic Success

 

As well as the R&D Tax Incentive, the EMDG, and the Accelerating Commercialisation being key to Australian startup growth, Australia’s ongoing economic success depends on our ability to harness technological advances to improve existing businesses, create new products and markets, and enhance daily life.
A report by Data61 estimates that improvements to existing industries and growth of new ones could be worth $315 billion to the Australian economy over the next decade.
Australia’s Digital Economy Strategy details how Australia can maximise the opportunities of technological change by focusing on nine key areas.

The Digital Economy Strategy identifies 9 key areas

Digital Skills

Digital Skills Cadetship Trial
Cyber Security Skills Fund
AI Graduates Program
Emerging Technologies Scholarships
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Artificial Intelligence

Catalysing AI
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Enhancing Government Service Delivery

myGov Enhancements
My Health Record Enhancements
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SME Digitalisation

Lifting digital capability and adoption across the economy
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Emerging Aviation Technology

Emerging Aviation Technologies Fund
Drone Rule Management System
Drone Detection Network
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Investment Incentives

Digital Gains Tax Offset
Venture Capital Tax Concessions
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Critical and Emerging Technologies

Australian 5G Innovation Initiative.
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Data and the Digital Economy

Consumer Data Right
Digital Atlas of Australia
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Cyber Security, Safety and Trust

5G and 6G mobile Networks
Peri-Urban Mobile Program
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Under each of these elements, the agenda sets clear outcomes, identifies opportunities and areas that need further focus, and outlines corresponding Government plans of action.

By working together we can ensure Australians can share in the opportunities of a growing, globally competitive modern economy, enabled by technology

Australian startups are key to an innovative future landscape. TCF offers in-house technology and Australian startup expertise with Dr. Sivasivakumar, PhD – Computer Sciences

We are happy to advise Startups on available grants and Incentives, contact us today for an R&D Tax Compliance Health Check.

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