On 11 March 2010, Senator Kim Carr, Minister for Innovation, Industry, Science and Research announced Perth company Orbital Australia has been awarded a $440,413 grant to develop greener engine technology for Chinese automaker Changan Automobile.
On 26 February 2010, Senator Kim Carr, Minister for Innovation, Industry, Science and Research, announced the latest round of the Government's venture capital support program, the Innovation Investment Fund (IIF).
On 17 Febuary 2010, the Australian and Tasmanian Governments today said that the response to the North-West and Northern Tasmania Investment and Innovation Fund has been so overwhelming that a second funding round is not necessary.
On 02 February 2010, Senator Kim Carr, Minister for Innovation, Industry, Science and Research, announced 11 COMET grants totalling $774,400 in national funding to help bring innovative Australian projects to market.
On 19 January 2010, Small Business Minister Dr Craig Emerson and Tourism Minister Martin Ferguson announced that grants ranging from $50,000 to $700,000 had been offered to 47 small business support groups including industry associations.