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
SME Digitalisation
Emerging Aviation Technology
Drone Rule Management System
Drone Detection Network
Investment Incentives
Venture Capital Tax Concessions
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.
