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Innovation Australia


Innovation Australia Board MembersInnovation Australia is an independent statutory body established to assist with the administration of the Australian Government's innovation and venture capital programs designed to support industry innovation.

Established on 27 September 2007, Innovation Australia is an amalgamation of the former Industry Research and Development (IR&D) Board and the Venture Capital Registration (VCR) Board (formerly known as the Pooled Development Funds Registration Board). On its establishment, Innovation Australia assumed the roles, responsibilities and powers of the two former Boards.

Programs administered by Innovation Australia include:

  • R&D Tax Concession
  • Commercialising Emerging Technologies (COMET)
  • Innovation Investment Fund (IIF)
  • Innovation Investment Follow-on Fund (IIFF)
  • Pre-Seed Fund (PSF)
  • Venture Capital Limited Partnerships (VCLP)
  • Early Stage Venture Capital Limited Partnerships (ESVCLP)
  • Pooled Development Funds (PDFs)
  • Renewable Energy Equity Fund (REEF)
  • Green Car Innovation Fund (GCIF)
  • Climate Ready Program
  • Re-Tooling for Climate Change
  • Commercial Ready
  • Renewable Energy Development Initiative (REDI)
  • R&D Start
  • Industry Cooperative Innovation Program (ICIP)
  • Pharmaceuticals Partnerships Program (P3)
  • (ACIS Stage 2) Motor Vehicle Producer (MVP) R&D Scheme

Like its predecessor, Innovation Australia administers these programs through a number of committees that are formed to assist with the consideration of applications received under the innovation and venture capital programs.

Innovation Australia Overview

- A list of the Innovation Australia Members

Innovation Australia:
Information on Innovation Australia's activities, responsibilities and programs is available in Innovation Australia Annual Reports via the following links.

Financial Year

Innovation Australia Annual Reports

2007 / 2008

Innovation Australia Annual Report 2007 / 2008

2006 / 2007

Innovation Australia Annaul Report 2006 / 2007



Industry Research and Development (IR&D) Board:
Prior to the establishment of Innovation Australia, responsibility for the administration of the Government's innovation and venture capital programs (excluding tax based venture capital programs) rested with the IR&D Board.  Below are links to IR&D Board Annual Reports.

Financial Year

IR&D Board Annual Reports

2005 / 2006

IR&D Board Annual Report 2005 / 2006

2004 / 2005

IR&D Board Annual Report 2004 / 2005

2003 / 2004

IR&D Board Annual Report 2003 / 2004

2002 / 2003

IR&D Board Annual Report 2002 / 2003

2001 / 2002

IR&D Board Annual Report 2001 / 2002

2000 / 2001

IR&D Board Annual Report 2000 / 2001

    

Venture Capital Registration (VCR) Board:

Prior to the establishment of Innovation Australia, responsibility for the administration of the Government's tax based venture capital programs (including Pooled Development Funds, Venture Capital Limited Partnerships and Early Stage Venture Capital Limited Partnerships) rested with the VCR Board. Prior to 20 June 2007, the VCR Board was known as the Pooled Development Funds (PDF) Registration Board.  Below are links to annual reports for the VCR and PDF Registration Boards.

Financial Year

Reports

2006-07

Innovation Australia Annual Report – Activities of the Venture Capital Registration Board

2005-06

Pooled Development Funds Registration Board Annual Report

2004-05

Pooled Development Funds Registration Board Annual Report

2003-04

Pooled Development Funds Registration Board Annual Report

2002-03

Pooled Development Funds Registration Board Annual Report

2001-02

Pooled Development Funds Registration Board Annual Report

2000-01

Pooled Development Funds Registration Board Annual Report

1999-00

Pooled Development Funds Registration Board Annual Report



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