Grants & Tax Incentives

Grants & Tax Incentives 2017-06-16T15:16:02+00:00

Grants & Tax Incentives

Whether R&D Tax Incentives, EMDG or other Grants, as experts in this field, we save you time, effort and headaches AND win you access to funds that assist your business growth.

In 2016-17, the Australian Government is providing $10.1 billion in support of research and experimental development (R&D)1 and an EMDG budget of $137.9 million2 available to Australian SMEs through various funding bodies.

The challenge for SMEs is knowing where to find them and how to successfully apply for them. This is made harder by the fact that these grants are spread across many government agencies, each with their own criteria, application process and sometimes ongoing reporting requirements.

That’s where Prime comes in. We are market leaders in this field and can assist across a variety of Grants, Tax Incentives and other non-dilutive funding options.

Available to SMEs across all industries and at all stages of their businesses life cycle, from establishment, development, pre-commercialisation, go to market and export development – grants are a key opportunity.

Apart from providing the added injection of cash SMEs need to fund their growth and key business strategies, consideration of grants is increasingly being viewed as an important element of good corporate governance.

1Source: The Australian Government’s 2016-2017 Science, Research and Innovation Budget Tables Minister for Industry, Innovation and Science’s foreword. 18 August 2016. Australian Government Department of Industry, Innovation and Science.

2Source: EXPORT MARKET DEVELOPMENT GRANTS AT A GLANCE. July 2016. Australian Government Department of Austrade.

TAKE ADVANTAGE OF THESE NON-DILUTIVE FUNDING OPPORTUNITIES AND SIGNIFICANTLY REDUCE THE COST OF YOUR INVESTMENT IN R&D OR OVERSEAS MARKET DEVELOPMENT AND PROMOTION.

How can we help?

We can deliver the following services:

  • Undertaking an eligibility assessment of your current or planned R&D or EMDG activities.
  • Advice on structuring intercompany arrangements to maximise benefits.
  • Advice on required documentation to be maintained in order to lodge a successful claim and support any audit activity that may arise.
  • Preparation and lodgement of claims.

Our Services

  • Education & Advice
  • Tailored Grants searches and Grant Strategies
  • Preparation of submissions for:
    • R&D Tax Incentives
    • Export Market Development Grants (EMDG)
    • Various Commercialisation Grants
  • Grants Audit Support

The Next Step

Find out if you’re eligible to claim either of these Grants and Tax Incentives.
For advice about your current or proposed activities contact us to arrange a free initial discussion by phone or Skype.

Get In Touch

Contact Us

Accounting & Business Advisory:

Level 19, HWT Tower
40 City Road
Southbank, VIC 3006
T: 1800 317 005
E: accounting@primefinancial.com.au