Government Grants Archives - FundFindrs

The R&D Tax Incentive Unpacked: All your burning questions answered.

Last reviewed: July 28, 2026

 

What’s the buzz around the Research and Development Tax Incentive (R&DTI)? Is it just another grant, or is there more to it?

For over four decades, the R&DTI has been a game-changer for Australian businesses, offering tax credits to cut down on research and development costs. It’s not just for the big players; startups and established companies in tech, manufacturing, pharma, agriculture and other industries can all benefit. By providing tax offsets for eligible R&D activities, the incentive fuels innovation and helps businesses grow and compete globally.

Let’s break it down with some practical insights and examples from experts to help you get the most out of the R&DTI.

 

In the next 8 minutes or so, we’ll comprehensively cover:

 


 

Key takeaways 

 

  • The R&D Tax Incentive (R&DTI) is a government program that provides tax offsets for eligible R&D activities, helping businesses reduce the cost of innovation.
  • The program is available to businesses of all sizes and across a wide range of industries, including technology, manufacturing, agriculture and pharmaceuticals.
  • Eligible businesses may be able to offset up to 43.5% of their R&D expenditure, improving cash flow and reducing financial risk.
  • The R&DTI is designed to encourage innovation, supporting businesses that invest in developing new or improved products, processes, services or technologies.
  • Understanding eligibility, claimable costs and application requirements is critical to maximising the value of the program.
  • R&DTI funding can be reinvested into future projects and business growth, helping companies continue innovating and scaling.

 


 

R&D Tax Incentive

1 – What is the R&D Tax Incentive?

The Research and Development Tax Incentive (R&DTI) is a government program that provides a tax offset to Australian businesses that are engaged or planning to invest in eligible R&D activities. The primary aim of the program is to encourage innovation by reducing the financial risks associated with R&D projects, thereby stimulating advancements across various industries.

 

By participating, businesses like yours can significantly recover some of their investments, offsetting a portion of the costs associated with their R&D endeavours. This incentive stimulates innovation across various industries by reducing the financial risks associated with R&D projects while allowing business owners to make ambitious projects more feasible and less financially daunting.

 

2 – Why Should You Apply for the R&DTI and Is It Worth It?

Wondering why you should apply for the R&DTI and what its benefits are? The Research & Development Tax Incentive can become much more than just a financial incentive for your business in Australia. It’s an opportunity to propel your company forward and ensure long-term success.

 

Here are just 3 reasons why you should seriously consider it:

  • Financial Relief: You can offset up to 43.5% of your R&D costs, providing a substantial reduction in your overall expenses.
  • Growth Potential: The financial benefits can be reinvested into your business, fuelling further innovation and expansion.
  • Collaboration: Partnering with registered Research Service Providers can enhance your R&D efforts and outcomes, driving your projects to new heights.

 

3 – What R&D Costs Can Be Claimed?

The R&D tax benefits cover a variety of costs associated with research and development activities, making it easier for businesses to manage their expenses.

 

Some examples of eligible costs could include:

  • Employee Wages: Salaries and associated costs (such as superannuation) for employees directly involved in R&D activities.
  • Materials and Equipment: Costs of materials and equipment used specifically for R&D projects.
  • Testing Expenses: Expenditures related to testing and experiments conducted as part of your R&D.
  • Overheads: Relevant overhead costs that can be attributed to R&D activities such as subscriptions, phone and internet bills and even rent.

 

Examples of eligible R&D costs

 

A careful examination of each eligible cost ensures that businesses make the most of this opportunity, enhancing the financial benefits derived from R&D activities.

 

4 – How Much Can You Claim?

The golden question: how much can you receive under the R&DTI?

 

The answer is – up to 43.5% of your Research and Development costs from the previous financial year. The exact amount you can claim through varies based on your business’s turnover:

  • Businesses with less than $20 million turnover: The refundable R&D tax offset is your corporate tax rate plus an 18.5% premium.
  • Businesses with more than $20 million turnover: The non-refundable R&D tax offset is your corporate tax rate plus an incremental premium.

 

Let’s look at two examples:

  • A business with a $5 million turnover spending $250,000 on R&D in one financial year with a corporate tax rate of 30%, could be eligible for a $121,250 refund.
  • A business with a $25 million turnover spending $500,000 on R&D in the last financial year with a 30% corporate tax rate, could be eligible for $192,500 to $232,500, depending on their R&D intensity which informs the incremental premium.

 

To get a rough indication of the amount your business can receive, utilise this free R&D Tax Incentive calculator.

 

Not sure if you’re eligible for the R&D Tax Incentive?
Our free Blueprint breaks it down with an eligibility checklist, examples, and expert tips from the FundFindrs team.

 

5 – Is There a Minimum Spending Requirement?

Currently, businesses need to have a minimum R&D spend of $20,000 to qualify for this valuable incentive. This spending threshold is a key factor to consider as you explore the potential benefits and opportunities that the R&D Tax Incentive can bring to your business. Collaboration with registered Research Service Providers (RSPs) is often beneficial, as you don’t have to reach the minimum spend threshold to claim the R&DTI if you use an RSP.

 

6 – Are You Eligible?

If you’ve made it this far, you might be considering: “Is my business eligible for this Incentive?” Let’s find out.

 

Eligibility for the R&D Tax Incentive is designed to be accessible to a wide range of businesses. To qualify, your business must be:

  • Incorporated in Australia: Alternatively, if your business is under foreign law but conducts eligible R&D activities in Australia, you may still qualify.
  • Meeting the Spending Threshold: Your business must spend over $20,000 on eligible R&D activities in a financial year. This ensures that the incentive supports substantial and impactful research and development efforts.
  • Conducting R&D Activities: Your company needs to be conducting or planning to conduct at least one eligible R&D activity. Those activities can attempt to generate new/improved products, services, and processes or can be conducted to support them.

 

There are other main criteria and requirements to determine your eligibility and guide you through the identification of a Core or Supporting R&D Activity. To find out if your business could be eligible for the R&DTI get in contact with our team of experts to book a FREE meeting.

 

7 – What are the most common industries that typically apply for the R&DTI?

Companies from many industries can benefit from the R&D Tax Incentive to drive innovation and growth to their business. It’s common to see technology and software development companies leverage the incentive to fund advancements in digital solutions, enhancing efficiency and user experience.

 

Other frequent examples are engineering and manufacturing companies which also heavily invest in innovation through the incentive, fostering the development of new products and processes that improve productivity and competitiveness. Additionally, companies from agriculture, mining, biotechnology, renewables, and other sectors typically submit their applications to the R&D Tax Incentive to help them innovate and create new services/products.

 

Common industries applying for R&DTI

 

While these industries have traditionally been prominent users of the program, the scope of eligible activities is broad, inviting exploration from other sectors keen on advancing through research and development. The R&D Tax Incentive boasts a substantial fund exceeding $1 billion, offering an expansive resource for all types of businesses.

 

8 – How simple is the R&DTI Application Process?

Applying for the R&D Tax Incentive involves several key steps to ensure that your application is thorough and accurate and can look like the following:

  1. Assess Eligibility: Review the program’s criteria to confirm that your business qualifies, and your R&D activities are eligible.
  2. Prepare Documentation: Compile detailed records of the nature and scope of your R&D activities, including financial statements and project descriptions.
  3. Submit Application: Submit your completed application to the Australian Taxation Office (ATO) and the Department of Industry, Innovation, and Science. You must submit your application within 10 months after the end of the financial year.

 

Maybe you are thinking: “There are too many steps involved in this process and I don’t have time to do so, so should I bother applying?”

 

Although there are a handful of steps involved in applying for the R&D Tax Incentive, keep in mind all the potential benefits quite outweigh the time spent doing so. Additionally, we can relieve the pressure from your shoulders. One way to boost your chances of success is by letting our team of experts handle the entire process for you. Book a free consultation to get the information and support you need to confidently complete your R&DTI claim.

 

9 – What’s the Timeline from Applying to Receiving the R&DTI Funds?

Now that we’ve covered the details of the Research and Development Tax Incentive, the next question naturally revolves around understanding the timeline and all its steps—from the day you apply to the moment the refund lands in your account. This understanding is crucial to effectively plan your finances and, possibly, bring forward your plans to growth and (re)invest.

 

Applications typically run from 1 July to 30 April of the following financial year. For instance, if you’re claiming for the financial year 1 July 2023 – 30 June 2024, you can apply from 1 July 2024 to 30 April 2025. Once approved, funds usually reach your account within a few weeks to a couple of months, providing timely financial support to your business.

 

You can streamline this process and strategically optimise your outcome by count with our support. The FundFindrs team is ready to assist you through this process, allowing you to reinvest funds into your business as quickly as possible.

 

10 – How to Maximise Your R&DTI Claim?

Are you ready to take most advantage of the Research & Development Tax Incentive (RDTI)? there a several ways to maximise your claim and make sure your process is thorough and solid. Here are some tips:

  1. Stay abreast of any changes to the program. Any recent changes that may impact your eligibility or the benefits you can receive will be carefully considered in your unique strategy. An easy way to stay on top is signing up for our Newsletter and following us on LinkedIn, Facebook and Instagram. We stay informed, so you don’t have to.
  2. Keep your records organised in a systematic way. Having well-organised documentation not only strengthens your claim but simplifies the RDTI process.
  3. Examine your expenditure with maximum attention to allocate all possible expenses to streamline your claim.
  4. Use a checklist to ensure you are claiming the R&DTI correctly according to the legislation minimising compliance risks. The catch to better securing this grant? Nailing your application.
  5. Navigate the complex process with an expert team like FundFindrs. We’ll handle the application pressure and ensure you get the most out of your R&D efforts.

 

How to maximise your R&DTI claim

 

Book your FREE 30 minute starter chat with us

 

Before You Go

Don’t let your innovation go unrewarded. Unlock your next phase of growth with the Australian R&D Tax Incentives by reaping its countless benefits. Whilst the application process is detailed, the returns are well worth the investment.

 

So do your business (and yourself) a favour and get applying! And as always, the FundFindrs team is here to assist you through the entire process as well as any other queries or questions.

 

Simply send us an email or give us a call at (02) 9072 1720 at anytime and we’ll get back to you ASAP.

From Proposal to Funding: How a Grant Writing Consultant Can Support Your Business

A simplified guide to the grant application process and the role of a grant writing consultant

Applying for grants can be a challenging task for business owners. If you’ve written a grant application (or attempted to), you know how hard and tedious it can become. However, many people are still unaware of what a grant consultant does.

 

When someone lures you in with the promise of free funding for your organisation, it sounds appealing (and it’s often true!), but reaching that point involves several steps. These steps require a substantial investment of time, resources, and know-how.

 

Many businesses have given up on their grant applications because the process is so time-consuming. That’s where grant consultants and writers can add value and help propel your business forward.

 

Grant writing specialists make the process easier by assisting businesses throughout the entire application journey. They offer crucial insights, direction, experience and expertise to improve the chances of a successful outcome.

 

What Does a Grant Writing Consultant Do?

Whether you decide to hire your own employee or contact a fund finding agency, grant specialist services include everything from researching grant opportunities, to writing and submitting applications for your business and guiding you through compliance requirements.

 

Often, when engaging an external consultant, the agreement typically covers all aspects of the process, including preparation, research, writing, and application.

 

At first, it might appear that the tasks are simple and easy to manage yourself. However, within these tasks there are multiple smaller steps such as participating in debriefs with foundations on funding guidelines or rejected proposals and researching through a database that lists thousands of possible funding opportunities and selecting the ones that are best for you.

 

What-Does-a-Grant-Consultant-Do-Comprehensive-Guide-by-FundFindrs-quote

 

 

Here is a basic blueprint of how a grant writing agency supports businesses through the process of finding suitable fundings:

 

1 – Investigating Relevant Grants for Your Business

It all begins with pinpointing grants that match your business objectives and aligns with your planned programs and initiatives. It’s crucial to comprehend the eligibility criteria, submission deadlines, and specific prerequisites for each grant opportunity.

This first step helps ensure that the applied efforts are directed towards the most appropriate funding sources with the best chance for success.

 

2 – Collecting All Necessary Documentation

Before starting the application process, the grants specialist will orient you on the necessary steps and gather all required documents. These may include business registration details, financial statements, tax returns, and business plans.

Additionally, they will collect strategic documents, proof of eligibility such as industry certifications or licenses, and any other documentation required by the grant guidelines. This ensures that all the requirements are thoroughly covered.

 

3 – Help Organising Financial Statements

Providing clear and detailed financial statements, such as profit and loss statements, balance sheets, and cash flow statements, is mandatory.

A focused grant consultant can guide your business in demonstrating strong financial health, which enhances your credibility and strengthens your application.

 

4 – Formulating a Detailed Business Plan

An expert grant services company can also assist you in developing a comprehensive business plan that outlines your company’s goals, strategies, and the specific project or initiative for which you need funding.

Tailored support can help you clearly describe how the grant will contribute to your business’s growth, innovation, or sustainability and also how it will impact the broader community or economy. A grant consultant can even support you with the design of projects to target specific grant programs.

 

5 – Drafting an In-Depth Project Proposal

Most grants require a project proposal, and a grant consultant can assist you in preparing a thorough and well-organised document. This document should include project objectives and goals, methodology and approach, timeline and key milestones, a detailed budget highlighting the use of grant funds, and measurable outcomes and anticipated impact.

 

6 – Making Sure you Meet the Eligibility Requirements

Carefully examining and addressing each eligibility requirement specified in the grant guidelines is part of a grant writer’s role. Clearly illustrating how your business meets these criteria is crucial, as overlooking any requirement could lead to your application being rejected. Having specialist support increases your chances of success.

 

7 – Developing a Compelling Story

Why should your business be selected over your competitor to win a grant? Crafting a compelling narrative that uses clear and concise language to tell your business’s story, highlighting its unique features and contributions, is fundamental.

A specialist writer has the expertise to create a proposal that clearly expresses the necessity for funding and the positive impact it will have on your business and the wider community.

Navigating the grant application process can be complex and time-consuming. Investing in grant consultants is a strategic decision that can yield significant returns for your business. By leveraging their expertise, insights, and networks, you gain a competitive edge in securing grants.

Grant companies can manage your federal, state, local government grant application as well as community or foundation grant applications, ensuring they are thorough yet concise to meet the highly competitive nature of the process, allowing you to concentrate on running and expanding your business.

 

How to Choose a Grant Writing Consultant

Choosing a grant writing consultant is crucial for securing funding for your project. Here’s a 5-steps streamlined approach to help you to make the best choice while searching for an expert support:

 

  1. Research Consultants: Look for experienced consultants with relevant qualifications and positive client testimonials.
  2. Evaluate Success Rates: Inquire about their track record in securing similar grants and the total funding they have obtained.
  3. Understand Their Process: Discuss their approach to gathering information, developing proposals, and ensuring timely submission.
  4. Check Compatibility: Ensure their communication style aligns with your expectations and that they understand your project.
  5. Consider Fees and Contracts: Understand their fee structure and review contract terms for clarity on deliverables and payment.

 

how-to-choose-a-Grant-Consultant-FundFindrs

 

Compare the options based on these criteria and choose the one you feel most confident in before making your decision.

 

How FundFindrs Can Streamline Applications and Save Time for Your Business

At FundFindrs, we simplify the grant application process into three manageable steps.

 

Step 1 | Tailored Consultation

We start by meeting with you to understand your business operations, goals, and aspirations. This allows us to create a bespoke proposal that aligns with your objectives.

 

Step 2 | Expert Application Management

Our experienced team takes charge of gathering the necessary documentation and crafting your application meticulously. We provide guidance on financial documentation and collaborate closely with you at every step.

 

Step 3 | Seamless Grant Approval

Upon successful approval, you receive your grant funding directly, with our support throughout the entire journey.

 

The FundFindrs edge includes a no-win, no-fee model on selected applications, saving you time by managing every aspect of the application. Our specialists in R&D Tax Incentives help you secure up to 43.% of your R&D expenses, and we partner closely with clients for long-term growth, managing all grants and awards applications.

Contact our team today to book a free consultation and discover how we can help your business secure the funding it needs.

 

Book your FREE 30 minute starter chat with us

EMDG Round 4: How Australian Businesses Can Secure Funding for Export Growth

With the Export Market Development Grant (EMDG) Round 4 opening date approaching, Australian businesses have a key opportunity to receive financial support for expanding internationally. Recent changes to the program however, have introduced new criteria and a more competitive application process.

 

In this guide, we’ll walk through essential steps and strategies to help strengthen your EMDG application, giving your business the best possible chance to secure funding.

 

This article will help you discover:

 

What is EMDG?

The Export Market Development Grant (EMDG) is a government initiative designed to help Australian businesses grow by supporting the costs associated with marketing their products and services to international markets. The grants provide funding to help offset these expenses, making it easier for businesses to expand globally.

 

What’s changed?

EMDG Round 4 introduces some significant changes:

  • Larger grants are now available, making the potential impact even greater, but for less businesses.
  • New eligibility criteria have been introduced, focusing on businesses with a higher likelihood of export success.
  • Applications will be assessed first-come, first-served, increasing the need for early preparation.
  • Increased focus on diversification encourages businesses to target new markets and expand their global reach​.

 

Program objectives

The EMDG program aims to help Australian small and medium-sized enterprises (SMEs) and representative bodies promote their products and services in global markets.

 

The primary objectives are to:

  • Encourage export growth: Assist Australian businesses in starting or expanding their international presence.
  • Support market diversification: Encourage businesses to enter new markets to reduce reliance on a single export region.
  • Increase export skills: Develop export-related marketing and promotional capabilities within businesses.

 

Understanding the EMDG tiers

In Round 4, the EMDG program is divided into three tiers, each designed for businesses at different stages of their export journey:

  • Tier 1 – Ready to export
    This tier supports businesses at the beginning of their export journey. To be eligible, businesses must complete recognised export training or pass Austrade’s Export Readiness Test.
  • Tier 2 – Expanding in existing markets
    For businesses already exporting, Tier 2 helps expand their efforts within existing international markets by offering funding for enhanced marketing and promotional activities.
  • Tier 3 – Expanding to new markets
    If your business is diversifying into new global markets, Tier 3 helps support the expansion through strategic promotional efforts if you are considering the following countries​:

 

EMDG Round 4 - List of Eligible Markets

 

  • Representative Bodies
    Representative bodies that support SMEs in export activities can also apply for funding. This tier focuses on organisations offering export training or launching promotional campaigns that benefit member businesses.

 

FundFindrs Tip: Selecting the correct tier is critical as businesses can only apply for one tier in round 4 of the EMDG program which runs from 1st July 2025 to 30th June 2027. Each tier has specific eligibility criteria and focuses on different stages of exporting. FundFindrs can assist you in selecting the right tier based on your business’s export status and growth goals.

 

EMDG Round 4 - List of changes

 

Eligible products and service

To qualify for the EMDG, your business must be promoting products or services that are substantially of Australian origin.

 

Eligible products and services include:

  • Goods: Manufactured or produced in Australia, either fully or with significant local transformation.
  • Services: Tourism services for international visitors or other services (outside of tourism) provided to foreign markets that have a significant portion of their value added in Australia.
  • Events: Trade shows or similar events held in Australia focused on promoting Australian products or services to international customers. For online events, they must be hosted by an Australian individual or business with a majority of attendees being international buyers.
  • Intellectual Property & Know-How: Intellectual property, including trademarks and patents developed in Australia, as well as technical know-how originating from Australian research or work.
  • Software: Software that is the result of substantial Australian-based development​.

FundFindrs Tip: If you’re unsure whether your products or services meet the criteria, our team can help you evaluate your eligibility and ensure your application is aligned with EMDG guidelines.

 

Craft a clear and strategic plan to market

Your plan to market is arguably the most critical part of your EMDG application. This is where you demonstrate exactly how you will use the grant to promote your business internationally considering marketing and promotional activities. Round 4 guidelines stipulate that your plan to market must be high-quality and specific to your business and the tier you are applying for.

 

To craft a compelling marketing plan, focus on the following:

  • Define your target markets: Identify the key international markets you plan to enter or expand into. Be specific about the market potential and why you’ve chosen these regions. Include market research and insights to back up your strategy.
  • Outline your promotional activities: Detail how you plan to use the grant funding. Will you be attending international trade shows, investing in digital marketing campaigns, or hiring local representatives? Clearly define your tactics, and ensure they are tailored to the markets you are targeting.
  • Demonstrate incremental investment: EMDG can not be used for business as usual activity. Your plan to market needs to demonstrate how you will use the funds to make incremental investment in marketing activities.
  • Set measurable goals: Explain what success looks like for your export activities. This could be increasing sales in a particular market by a certain percentage, growing brand awareness, or securing a set number of new clients. Be clear about your goals and how you will measure progress.
  • Show the ROI: Austrade wants to see that your marketing and promotional efforts will generate real business outcomes. Make sure your plan demonstrates how the activities will lead to tangible growth in international sales​ by providing a return on investment forecast.

FundFindrs Tip: Crafting a detailed marketing plan can be complex, but FundFindrs is here to help. Our expert team can guide you through developing a strong, strategic marketing plan that aligns with EMDG criteria and maximises your chances of success.

 

 

Prepare early: timing is everything

Applications for Round 4 will be assessed on a first-come, first-served basis, which means preparing early is essential. With demand expected to be high and no guarantee of funding for every business applying, starting your application as soon as possible can significantly improve your chances of securing funding.

 

Important Dates:

  • November 6, 2024: Applications open at 10am for representative bodies
  • November 12, 2024: Applications open at 10am for Tier 1, Tier 2, and Tier 3​

 

FundFindrs Tip: At FundFindrs, we specialise in helping businesses prepare early to avoid last-minute application rushes. Get in touch today for a FREE consultation to ensure your EMDG application is ready to submit on time.

 

Maximise your EMDG application

The EMDG program offers significant financial support for businesses looking to grow their international footprint. However, with the introduction of new eligibility criteria and a competitive, first-come, first-served process, preparation is critical.

 

At FundFindrs, we are dedicated to helping you navigate the complexities of the EMDG application process. Our expert team is ready to assist you every step of the way — from tier selection to crafting a winning market plan.

 

Get in touch with FundFindrs today, and let’s get your EMDG application ready to take or expand your business globally. If EMDG isn’t the right fit for your business, don’t worry — talk to us about other grants that might be available to help your business grow.

 

 

How to Maximise Grant Opportunities for Your Business

Seven Simple Steps to Securing Funding Through Grant Applications.

 

Navigating the world of grant applications can be challenging, particularly for small and medium-sized businesses that may feel overshadowed by larger competitors. However, securing grant funding can be a vital strategy for growth and innovation especially for companies in industries such as biotech, pharmacy, food and beverage, technology and manufacturing.

 

Grants not only provide financial resources but also help companies invest in research, innovation, expand their market reach, and enhance their operational capabilities.

 

In this guide, we’ll outline seven simple steps for applying for grants effectively and explain how FundFindrs can support you throughout the process.

 

Why Grants matter

You might be asking yourself, “Why are grants so important for my business?”

 

Grants act as a vital financial resource for companies, allowing them to fund projects that propel growth and improve competitiveness. Unlike loans, grants don’t need to be repaid, making them an attractive option for investing in areas like research and development or exporting initiatives. For example, a grant could provide the necessary capital to develop innovative products or services that meet emerging market demands.

 

By recognising and utilising these funding opportunities, businesses can not only enhance their operational capabilities but also position themselves for greater success in an increasingly competitive landscape.

 

To help you tap into these opportunities, we’ve outlined a step-by-step approach to navigating the grant application process.

 

  1. Step 1 | Research and identify suitable grants
  2. Step 2 | Gather essential documents
  3. Step 3 | Prepare financial statements
  4. Step 4 | Develop a comprehensive business plan
  5. Step 5 | Create a detailed project proposal
  6. Step 6 | Address eligibility criteria
  7. Step 7 | Craft a compelling narrative

 

Step 1 | Research and identify suitable grants

You can start by identifying grants that align with your business objectives. It involves understanding both your specific needs and the available funding options.

 

Start by asking yourself:

  • What are my business goals, and how can grant funding help achieve them?
  • Which projects or initiatives do I want to fund?
  • What eligibility criteria do I meet for potential grants?
  • Am I able to follow all requirements and application deadlines?

 

Consider exploring the following sources to find relevant grants:

  • Government websites: The Australian Government’s grants portal and your state or territory’s business funding resources are great starting points.
  • Industry associations: Many industry-specific associations offer information on grants tailored to your sector.
  • GrantFindrs Portal: If you are a FundFindrs member, you have access to Australia’s largest grants database, with 9,000 sources of grants that are updated daily. Just ask your Account Manager for information on how to access it.

 

There are numerous grants available, and you can use these resources to create a tailored shortlist that aligns best with your business objectives.

 

 

Step 2 | Gather essential documents

Preparing the necessary documentation is a critical part of the grant application process.

 

Commonly required documents include:

  • Business registration details
  • Financial statements: including profit and loss statements, balance sheets, and cash flow statements.
  • Tax returns
  • Proof of eligibility: such as industry certifications or licenses.

 

Ensure that your documents are well-organised and clearly presented. Use headings, bullet points, and concise language to enhance readability. For easy access when completing your application, consider compiling these documents in a digital folder, create a process to review and update it always as needed.

 

Step 3 | Prepare financial statements

 

Your financial statements are a snapshot of your business’s health and should include:

  • Profit and loss statements: Highlight revenues, expenses, and net income over a specified period.
  • Cash flow statements: Provide insight into the cash coming in and going out of your business, which is crucial for assessing liquidity.
  • Balance sheets: Show your business’ assets, liabilities, and equity at a specific point in time.

 

Consider consulting with a specialised team, such as the FundFindrs experts, to ensure these statements are accurate and presented professionally. Well-prepared financial statements not only establish credibility but also demonstrate your business’s viability to grant reviewers.

 

Step 4 | Develop a comprehensive business plan

A robust business plan is essential for grant applications. Your plan should include:

  • Executive summary: A concise overview of your business and its objectives.
  • Business description: An outline of your industry, target market, and competitive landscape.
  • Goals and objectives: Clear, measurable objectives that the grant funding will help you achieve.
  • Project description: Detailed information about the project for which you’re seeking funding, including its relevance and expected outcomes.

 

FundFindrs Funding Chances for Startups

 

Step 5 | Create a detailed project proposal

A project proposal for grants application should cover the following key elements:

  • Project objectives: Clearly define what you aim to achieve.
  • Methodology and approach: Outline the steps you’ll take to implement the project, including timelines.
  • Budget breakdown: Provide a detailed account of how grant funds will be allocated, including direct costs and indirect expenses.
  • Timeline and milestones: Set clear deadlines for each phase of the project and describe how you will measure success.

 

This structured approach demonstrates your project’s feasibility and aligns with the expectations of grant reviewers.

 

Step 6 | Address eligibility criteria

Each grant has specific eligibility criteria that must be met. Familiarise yourself with these requirements to avoid disqualification.

 

For example:

  • R&D Tax Incentive (R&DTI): Eligible entities must be incorporated in Australia, meeting the spending threshold and conduct eligible R&D activities.
  • MVP Ventures: This grant targets NSW startups seeking to commercialise innovative products, requiring a clear path to market and potential for growth.

 

By ensuring your business meets the required criteria, you enhance your application’s chances of success.

 

Step 7 | Craft a compelling narrative

When writing your grant application, tell a compelling story that engages the reviewers. Consider the following questions to guide your narrative:

  • What inspired the idea for this project?
  • How will this funding impact your business and community?
  • What are the potential outcomes and benefits of the project?
  • Why is your business uniquely positioned to achieve these objectives?

 

A strong narrative not only outlines your project’s merits but also highlights your business’s vision and commitment to making a positive impact.

 

Seven Steps to maximise grant opportunities for business

 

How FundFindrs can help your business

At FundFindrs, we specialise in simplifying the grant application process for businesses.

 

Our experienced consultants guide you through each step, from identifying suitable grants to crafting compelling proposals. We help you streamline documentation, ensure compliance with eligibility criteria, offering valuable insights, guidance, and expertise to enhance your chances of success.

 

Are you ready to navigate the grant landscape with confidence and secure the funding needed to fuel your growth? Book a FREE consultation with our experts.

 

 

Key Grants for Food and Beverage Companies in Australia

Last reviewed: July 17, 2026

 

Government funding plays a fundamental role in driving growth, innovation, and operational improvements within Australia’s Food & Beverage sector. With a broad range of grants available, businesses can struggle to identify the opportunities that best align with their unique needs.

 

In this article, we outline several key grants selected specifically for Food & Beverage companies, covering initiatives from safety enhancements to strategic investment. Each program is designed to help businesses elevate their operations, expand their capabilities, and invest in critical infrastructure.

 

  1. Distillery Door Programs – Hazardous Areas and Dangerous Goods Rebate
  2. Wine Exports China Re-Engagement Support Program
  3. Value Add Investment Grants Program (VAIG) – Feasibility Stream

 


 

Key takeaways 

 

  • Government grants can help Food & Beverage businesses improve safety, expand operations and invest in growth initiatives.
  • Funding opportunities are available across multiple areas, including workplace safety, export market development and value-add manufacturing projects.
  • Many grants are highly targeted, with specific eligibility criteria based on industry, location and business activities.
  • Co-contributions are often required, meaning businesses should be prepared to invest alongside government funding.
  • Export-focused programs can support market expansion, helping businesses strengthen their presence in international markets.
  • Planning ahead is essential, as grant programs have different funding limits, application requirements and closing dates.

 


 

1. Distillery Door Program – Hazardous Areas and Dangerous Goods Rebate

Enhancing safety in Victoria’s distilleries with essential rebates

 

Key Details

  • Closing by: 30 June 2025
  • Funding Available: Up to $50,000
  • Target Recipients: Distillers of alcoholic beverages in Victoria

 

Overview

This program assists Victorian distillers in investing in essential equipment and infrastructure to enhance safety in their facilities. It offers a rebate on eligible expenditure — up to 70% or 80% (GST exclusive), capped at $50,000 — while requiring a cash co-contribution of 20% or 30% depending on production volumes.

 

As part of a $20 million initiative to support Victoria’s distillery industry, the program funds activities such as hazardous area assessments, equipment installation, and specialist training, ensuring that all upgrades comply with Australian Standards and regulatory requirements.

 

Eligibility Criteria

Businesses must:

  • Hold a current Australian Business Number (ABN) and be registered as a legal entity in Victoria.
  • Own at least one still with a capacity of 50 litres or more.
  • Possess a valid ATO Manufacturer’s Licence and a current Victorian General or Producer’s Liquor Licence.
  • Have completed a hazardous area assessment, dangerous goods audit, OHS Essentials Program, or equivalent assessment undertaken from 1 April 2023 until closing date.
  • Meet the required cash co-contribution based on their production level.
  • Agree to participate in future program evaluation activities and comply with relevant workplace and employment obligations.

 

2. Wine Exporters China Re-Engagement Support Program

Supporting SA wine exporters to re-access China’s market

 

Key Details

  • Closing by: Program runs until June 2026
  • Funding Available: Approximately $1.9 million total funding pool
  • Target Recipients: South Australian wine exporters

 

Overview

This program is designed to help South Australian wine exporters re-enter the Chinese market following the lifting of tariffs on Australian wine. It delivers strategic support through market insights, export advisory services, coordinated trade missions, and targeted marketing campaigns.

 

Implemented by the South Australian Government in partnership with the South Australian Wine Industry Association (SAWIA), the program aims to revitalise international trade relationships and strengthen the region’s wine sector.

 

Eligibility Criteria

Businesses must:

  • Be a registered South Australian wine exporters with a valid ABN.
  • Demonstrate active engagement in exporting wine internationally.

 

 

3. Value Add Investment Grants Program (VAIG) – Feasibility Stream

Empowering WA food and beverage businesses with feasibility funding

 

Key Details

  • Closing by: 30 June 2025
  • Funding Available: Individual grants from $15,000 to $100,000 (up to $500,000 per project; total pool of $6 million)
  • Target Recipients: Agriculture, food, and beverage businesses in Western Australia

 

Overview

The VAIG – Feasibility Stream supports WA-based agriculture, food, and beverage businesses planning to expand, diversify, or relocate their value-add processing operations. This program funds planning and feasibility studies that underpin investments in new manufacturing capabilities, technology upgrades, or plant modernisation. By reducing WA’s reliance on imported products, the initiative fosters innovation, enhances sustainability, and drives job creation. Applicants are required to provide a minimum cash co-contribution of 30%, with some flexibility available for Aboriginal businesses.

 

Eligibility Criteria

Businesses must:

  • Be a private sector entity (including incorporated trustees, public companies, or cooperatives) with a valid ABN and GST registration.
  • Plan a project located in or relocating to Western Australia.
  • Demonstrate the financial capacity to meet the minimum cash co-contribution.
  • Have been in operation for at least 12 months (or possess a similar established track record).
  • Be capable of entering into a legally binding agreement with the WA Government.
  • Regional and Aboriginal businesses are encouraged to apply.

 

Reminder: Don’t Miss the R&D Tax Incentive (R&DTI)

 

The Research and Development Tax Incentive is a powerful mechanism that offers significant tax offsets and cash refunds for eligible R&D activities, easing the financial risks of innovation. Despite its benefits, many Food & Beverage companies are overlooking this opportunity. Leveraging the R&D Tax Incentive not only reduces R&D costs but also positions your business to drive technological advancements and compete globally.

 

Ensure you assess your eligibility and consider expert advice to fully integrate this incentive into your financial strategy for sustained growth and market leadership. Learn more about the R&DTI Program by visiting our dedicated page.

 

Food and Beverage Funding Opportunities for Australian Businesses

 

The grants listed above represent just a snapshot of the funding opportunities available to support the growth and innovation of Food and Beverage companies in Australia. If you’re looking to explore these options further and strengthen your market position, our team of experts is here to help.

 

With the complexities of the application process, partnering with experienced advisors is essential. That’s where FundFindrs comes in — we support you every step of the way. Book a FREE chat today for a tailored consultation.

 

 

Mastering the R&D Tax Incentive: top mistakes to avoid with your application

Last reviewed: July 17, 2026

 

Navigating the Research and Development (R&D) Tax Incentive doesn’t have to be a headache if you know what pitfalls to avoid. We spoke with Bruce Murray, R&D Consultant at FundFindrs, who shares a list of the most common R&DTI application mistakes and, more importantly, how to prevent them.

 

The R&DTI is an invaluable funding opportunity, supporting business innovation and growth. Yet many companies struggle with eligibility criteria, fail to maintain proper records, or underestimate the importance of early submission — all of which can lead to application delays or rejections.

 

With extensive experience in R&D compliance and successful claims, Bruce gives us a rundown of common application mistakes and highlights what businesses can do to increase their chances of a smooth, stress-free successful application.

 

  1. What are some common mistakes companies make when preparing their R&D Tax Incentive application?
  2. Why are some R&D Tax Incentive applications rejected?
  3. What might first-time R&DTI applicants overlook when determining eligible projects?
  4. What are the most common mistakes companies make in documenting their R&D activities? What specific aspects do they frequently neglect?
  5. How does the submission deadline for the R&DTI impact businesses?

 


 

Key takeaways 

 

  • Poor record-keeping can make it difficult to substantiate an R&D Tax Incentive claim, making accurate and contemporaneous documentation essential.
  • Not all innovative work qualifies for the R&D Tax Incentive. Activities must satisfy the program’s legislative requirements and eligibility criteria.
  • Strong claims are supported by evidence, including documented methodologies, experiments, outcomes and quantifiable data.
  • Claims may be deemed ineligible when supporting evidence is insufficient to demonstrate eligible R&D activities.
  • Correctly identifying eligible projects is critical, particularly for first-time applicants navigating the program requirements.
  • Early preparation provides more time to gather evidence, address documentation gaps and strengthen a claim.

 


 

1. What are some common mistakes companies make when preparing their R&D Tax Incentive application?

One of the most common mistakes companies make is failing to keep adequate records of their R&D activities. Many businesses do not document their R&D activities thoroughly, leading to gaps in the evidence required to document and substantiate their claims.

 

Another key issue is the misunderstanding of what constitutes eligible R&D under AusIndustry’s definition. What a company considers innovative or experimental may not necessarily align with the program’s criteria. This is where an R&D Consultant plays a vital role, helping businesses interpret and meet the eligibility requirements correctly.

 

Companies also sometimes lack scientific metrics to support their claims. Without proper quantifiable data documentation of methodologies, experiments and outcomes, an application may fall short of addressing the necessary criteria.

 

Bruce Murray, Research and Development Consultant, FundFindrs R&D Tax Incentive Tips

 

2. Why are some R&D Tax Incentive applications rejected?

The primary reason applications are rejected is a lack of evidence demonstrating eligible R&D activities. Each application is assessed on its own merits. If it fails to meet legislative criteria, it will not be approved.

 

To ensure success, companies must provide clear experimental evidence, including quantifiable data and methodologies. This involves tracking changes and improvements throughout the R&D process, showing what the data indicated before the project began and how it evolved because of the R&D efforts.

 

Ultimately, applications need to demonstrate a structured, scientific methodology to problem solving and innovation. Without this, even genuinely innovative work may not qualify for the incentive.

 

3. What might first-time R&DTI applicants overlook when determining eligible projects?

It is important that any business considering applying for the R&DTI understands the definition of eligible R&D activities. This definition comes from the legislation, rather than being based on what a company may consider R&D activities.

 

Once a company understands the definition of eligible R&D activities, it is important to isolate those R&D activities from general project activities. This is something businesses may overlook and therefore subsequently find challenging. Part of what we do is assist our clients with the clarification and direction to ensure eligible activities are not missed.

 

4. What are the most common mistakes companies make in documenting their R&D activities? What specific aspects do they frequently neglect?

We have found that some companies have done the experimental research required, and it would meet the criteria of what is eligible. However, they are let down by record keeping. It is very important to keep track of research evidence in each aspect of the research.

 

An example of this would be engaging an external consultant. Where an external person is engaged to deliver an outcome requiring research, the company engaging the consultant should include the experimental and research evidence in the plans and working documents of the project. These records should be maintained to demonstrate the research involved, not simply the engagement of another party to carry out the work.

 

Without this record of work, and detailed account of the activities, an application will likely be rejected.

 

FundFindrs can assist with your R&DTI application making sure all eligible activities are appropriately accounted for.

 

 

5. How does the submission deadline for the R&DTI impact businesses?

We can all identify with the pressure an approaching deadline brings, and we always recommend applying for the R&D Tax Incentive sooner rather than later. One common mistake businesses make is underestimating the time required to prepare a strong application, often assuming they have plenty of time within the 10-month window provided by AusIndustry — from 1 July following FYE to the final submission deadline of 30 April. However, many companies face competing priorities, such as business development, compliance, finance, and marketing, which can lead to last-minute submissions.

 

Delaying an R&DTI application can result in several negative consequences, including a delayed rebate due to longer processing times, increased administrative workload when processing tax adjustments after lodging the Company Tax Return (CTR), and reduced cash flow, which can impact overall business operations. To avoid these pitfalls, businesses should aim to submit their applications as early as possible following the end of the financial year.

 

Not sure if you’re eligible for the R&D Tax Incentive?
Our free Blueprint breaks it down with an eligibility checklist, examples, and expert tips from the FundFindrs team.

 


 

FundFindrs is here to help. Get in touch if you want to chat about how our team can collaborate with your business and guide your R&DTI application. Additionally, we can support identifying other funding opportunities through grants. Book a FREE chat with one of our specialist consultants now.

Claiming the R&D Tax Incentive in Australia: Common Misconceptions

Last reviewed: June 24, 2026 

The Research & Development Tax Incentive (R&DTI) is an invaluable funding opportunity, supporting business innovation and growth. However, claiming the R&D Tax Incentive in Australia can often be misunderstood, leading to missed opportunities or incorrect applications.

 

In our previous article “Mastering the R&D Tax Incentive: top mistakes to avoid with your application” our R&DTI expert, Bruce Murray, talked to us about common application mistakes.

 

With decades of direct experience reviewing R&D Tax Incentive applications as a programme assessor within the Department of Industry, Science and Resources (AusIndustry), and a background spanning corporate governance, compliance, and risk management, Bruce’s insights carry the weight of someone who has sat on both sides of the assessment process.

 

For this article, we asked him to share frequent misconceptions around the R&D Tax Incentive and clarify them for us.

  1. What does the term ‘core R&D activities’ mean?
  2. Do some business owners believe the R&DTI is only for large businesses?
  3. How detailed do R&D records need to be?
  4. What do businesses often get wrong about how much time they have to submit their claims?
  5. Is the application process the same for R&D activities conducted outside of Australia?

 


 

Key takeaways 

  • A core R&D activity must have an unknown outcome, follow a scientific process, and aim to generate new knowledge. 
  • Company size and industry do not determine eligibility while the $20,000 minimum spend threshold does. 
  • Records must meet the “desktop understanding” standard; being self-explanatory, without needing further input from you. 
  • You have until 30 April to submit, but earlier lodgement means faster processing and quicker access to your rebate. 
  • Overseas R&D activities require a separate Overseas Finding application before they can be included in a claim. 

 


 

1. The term “core R&D activities” can be misinterpreted when it comes to R&D activities. What does it mean according to the R&DTI program?

To meet the definition of an R&D activity, there are several legislative requirements that need to be demonstrated for the R&D Tax Incentive program to respond.

 

Prior to commencement, the outcome of the R&D activity must not have been known or determined in advance by a competent professional in the field, based on current knowledge, information, and experience. This needs to be a true innovation or, in simple words, no one else knows this; no one else is doing it.

 

The unknown outcome must be determined by applying a systematic progression of work following a scientific process i.e. hypothesis, experimentation, observations, and conclusions. There needs to be a methodical process supported by clear and documented evidence.

 

Additionally, The R&D activity must be conducted for the purpose of generating new knowledge – where previously there was a knowledge gap, and the R&D project activities were required to address it.

 

Bruce Murray, FundFindrs R&D consultant and former AusIndustry assessor, shares insights on R&D Tax Incentive misconceptions

 

2. Do some business owners believe the R&DTI is only for large business or specific industries?

Definitely, the R&DTI program is not only for large companies. To be honest, the size of the company itself is not that important. Similarly, the sector, or industry type is not an influence on the R&DTI claim outcome.

 

 In October 2025, the ATO released their “R&D tax incentive transparency report 2022–23  in which they noted a significant number of SMEs and smaller companies across all types and sectors of industry.

 

This means it does not matter what the industry is, nor how large (or small) the company is. So long as anticipated eligible R&D expenditure exceeds the threshold of $20k, an R&DTI application can be considered.

 

3. How detailed do R&D records need to be to apply successfully for the R&D Tax Incentive?

The records of a company’s R&D activities need to be as detailed and comprehensive as possible and reflect how those activities fit within the overall project.

 

R&DTI applications are subject to what we call “desktop understanding”. An assessment on merit, on the evidence presented at the time, without needing further explanation from an external source. This allows for objective assessment.

 

Maintaining organised documentation is crucial for supporting applications and providing evidence if needed. I recommend clients prepare comprehensive documentation in advance to ensure easy retrieval during a possible inspection.

 

FundFindrs helps you stay audit-ready. We support you in building clear, compliant documentation that strengthens your R&DTI claim.

 

 

4. What do businesses often get wrong about how much time they have to submit their claims?

Businesses have up to 10 months after the End of Financial Year (EOFY) to submit their application, with the deadline falling on 30 April each year. However, submitting an R&DTI application shortly after the financial year-end offers several advantages.

 

Firstly, it provides ample time for thorough due diligence, enabling a more comprehensive investigation and discussion of activities potentially eligible for the R&DTI. Secondly, early submission helps avoid the application backlog AusIndustry typically experiences as the April 30th deadline approaches, thereby increasing the likelihood of a faster processing time.

 

Finally, submitting the R&DTI Schedule, an ATO document, concurrently with the Company Tax Return (CTR) simplifies the process, facilitates a more streamlined submission, and ultimately enables a quicker rebate, which can significantly improve a company’s cash flow.

 

5. What about R&DTI applications for businesses conducting R&D activities outside of Australia? Is the application process the same?

To claim the R&DTI for related activities conducted outside Australia, your business must first apply for an Overseas Finding.

 

To be eligible, your overseas R&D activities must meet all five of the following criteria:

  1. The activity must qualify as an eligible R&D activity.
  2. It must have a scientific link to a core R&D activity carried out in Australia.
  3. It must be conducted outside Australia and its external Territories.
  4. You must show that the overseas activity cannot be conducted in Australia due to specific reasons such as the lack of necessary facilities, expertise, or environment
  5. The total cost of overseas activities must be less than the cost of the directly related R&D work undertaken in Australia.

 

You can find more information from the government’s website for the Australian business community here.

 

FundFindrs tip on claiming the R&D Tax Incentive in Australia — common misconceptions explained

 

Knowing what activities qualify for the R&D Tax Incentive (and also which do not) can be tricky. Fortunately, FundFindrs’ team of experts is here to help guide your business through its R&DTI application.

Book a FREE consultation with one of our specialists now.

 


 

How Winning a Grant Helped Me Step Off the Hamster Wheel and Build Grant’d

Running a business — especially as a solo founder — can sometimes feel like you’re sprinting on a treadmill that never stops. You’re juggling everything: clients, cash flow, product, people (or no people), planning, and that ever-present question — “How do I grow this without breaking myself in the process?”

 

I’ve spent years helping charities and organisations raise millions through grants and fundraising. Over $100 million, in fact. But when it came to funding my own vision — when it was my name on the application and my business that needed the next step — I felt just as stuck as so many others do. I was deep in the grind. Delivering services to stay afloat. Doing all the things — workshops, webinars, strategy sessions — just to keep revenue coming in. But I knew I was only building sideways. Not up. Not forward. And that’s when something shifted.

 

In 2023, I received a grant through the Boosting Female Founders Program. Now, let me say this clearly: it wasn’t a miracle, or magic. I still had to apply, still had to articulate the vision, still had to show the numbers. But when that approval came through, something changed. It gave me space. Not just time — although yes, that too — but mental space. Permission to pause the scramble, step off the hamster wheel, and finally double down on building what I knew the sector desperately needed: a smarter, simpler way to help businesses, charities, and communities find and win grants.

 

The grant that changed everything

That funding was a turning point. It wasn’t just cash in the bank — it was validation. It was momentum. It allowed me to hire support, invest in the product, and shift from being a consultant in motion to a founder with a vision. It let me take Grant’d — something I’d been dreaming about for years — and turn it into a product. Not just another database. Not just a directory. But a proper, intelligent platform designed to guide people through the entire grants journey: from discovery and deadlines, to writing and reporting.

 

Until that point, I’d always been “doing the work” — writing, applying, researching, advising — manually. And I knew I wasn’t the only one. I knew that thousands of others were wasting hours trying to search for grants late at night, rewriting the same applications, second-guessing every eligibility criteria, and often missing out on funding they were perfectly suited for. But I couldn’t fix the system while I was still stuck inside it. That grant gave me the runway to build something better. Something scalable. Something for everyone who didn’t have time, money or a consultant on speed dial. It gave me the freedom to move from survival mode to strategy — and honestly, that’s the difference between staying stuck and stepping into something game-changing.

 

But let’s be honest — Applying was still nerve-wracking

Even with all my experience in fundraising, when it came to applying for a grant for my own business, I had the same nerves so many others do. The fear of getting it wrong. The overwhelm of documentation. The “Who am I to apply for this?” mindset. But it was also incredibly clarifying.

 

It forced me to get really clear about what I was building, why it mattered, and where I was heading. It made me step outside the day-to-day and think bigger. And most importantly, it made me believe — in myself, in the idea, and in the impact we could have. That clarity? It’s been one of the most valuable outcomes of all. Plus, I got support from experts (yep, other grant specialists). You see I knew what I was good at, but I also knew my limitations. Presenting my own work felt so overwhelming and I was so close to it I lost perspective. Working with a consultant allowed me to step back and be objective and lean on their expertise to present the necessary information. I held their hand every step of the way though – occupational hazard!

 

FundFindrs - Janine Owens (Grant'd) Quote

 

Why grants are more than just funding

I talk to so many people who say they don’t apply for grants because they think they’re too small, too early, too busy, or just “not ready.” But here’s the truth: grants aren’t just about the money. They’re about momentum.

 

They’re about carving out time to build properly. About showing funders — and yourself — that you have something worth investing in. Grants can give you space, clarity, validation, and structure. They make you stop and articulate your purpose, your strategy, your plan. They make you ready — not just for that application, but for what comes next. And if you get one? It can absolutely change the game.

 

My top 3 tips for winning a grant (without burning out)

1. Treat it like a project, not a panic

Too many people scramble to write their applications the night before it’s due. I get it — we’re all busy. But when you treat the grant process like a panic, you rush the parts that matter.

 

Instead, treat it like a mini-project. Break it into stages:

  • Week 1: Gather your docs
  • Week 2: Draft your responses
  • Week 3: Get someone to review
  • Week 4: Polish and submit

 

Give it the structure it deserves. Not only will your application be stronger, but you’ll actually enjoy the process more (yes, really).

 

2. Answer the questions behind the questions

Grant applications all boil down to a few key things:

  • What problem are you solving?
  • Why are you the right person/team to solve it?
  • What will the funding actually do?
  • How can you help the funder fulfil their strategies/policies by investing in you?

 

Every time you write, think about the “why” behind the question. Don’t just list what you want to do — explain why it matters, who it will impact, and how you’ll make it happen. Use numbers, real examples, and a strong case for what comes next. Clarity wins. Every time.

 

3. Build a grant-ready toolkit (before you need it)

Here’s the best advice I can give you: be ready before the next perfect grant drops.

Keep a folder with:

  • A one-pager about your business or project that you can turn into a longer business plan if needed
  • A project budget (invest upfront to have a proper budget created if you can’t do this)
  • A couple of great testimonials and some statistics to support your case for funding
  • Your org bio and mission
  • A pitch deck or visual overview (if you’ve got one, if not, you should create one)

 

These building blocks are gold. They’ll save you time, reduce stress, and help you apply more often. Because — let’s be honest — grant success is a numbers game. The more you apply (with quality), the better your odds.

 

FundFindrs - Top 3 Tips for Winning A Grant

 

The truth: I wouldn’t be here without that grant

That one application helped me build a product, grow a team, serve thousands of users, and raise further investment. But beyond that, it helped me believe in the next version of myself — the one who wasn’t just fundraising for others, but building something of her own. If you’re sitting on an idea, a project, or a purpose that needs funding — apply. You don’t have to have it all figured out. You don’t have to be a grant-writing expert. You just have to start.

 

So here’s your nudge: go for it. You might just surprise yourself.

 

 


 

We’re excited to welcome Janine as a guest author, sharing her grant success story and insights with the FundFindrs community. Her story is a powerful reminder of what’s possible when the right idea meets the right support. We love seeing founders use grants not just as funding, but as fuel for growth, clarity, and confidence. The work Janine and the team at Grant’d are doing is helping more people take that step. At FundFindrs, we’re proud to be part of a growing movement that’s making access to grants more strategic, impactful and achievable for businesses across Australia.

Curious about what support might be available for your business? Our team is happy to help. Book a FREE consultation with to explore your grant options.

 

Why Grant Applications Get Rejected (and What to Do About It)

Last reviewed: July 28, 2026

 

So much work goes into applying for a grant. That’s why rejection stings. But it’s often not about the strength of your idea, it’s about how well you followed the brief. 

Below are ten of the most common reasons grant applications miss the mark, and how you can avoid the same fate next time.

 

  1. Ignoring eligibility
  2. A weak or wandering story
  3. Unclear budgets
  4. No evidence or outcomes
  5. Missing governance or compliance info
  6. Not following instructions
  7. No risk or sustainability plan
  8. Submitting at the last minute
  9. No community buy-in
  10. Weak reporting plan

 


 

Key takeaways 

 

  • Grant applications are often rejected because they do not meet eligibility requirements, making the initial eligibility check one of the most important steps.
  • A clear project narrative matters. Funders want to understand what the project will achieve, why it matters and how it will be delivered.
  • Budgets should be detailed and transparent, with costs clearly explained and aligned to project activities.
  • Evidence and measurable outcomes strengthen applications, helping demonstrate the need for funding and how success will be evaluated.
  • Governance, compliance and supporting documents are essential, as missing information can affect eligibility and assessment.
  • Strong applications include risk, sustainability and reporting plans, showing how the project will be managed and measured beyond the funding period.

 


 

1. Ignoring eligibility

Always check the basics. If you’re not eligible, you’re out from the start. Don’t waste your time on grants that don’t fit.

 

2.  A weak or wandering story

Funders need clarity. If you can’t explain what your project does, why it matters, and how it will be delivered – quickly and clearly – it will cost you.

 

3. Unclear budgets

Avoid vague terms like “miscellaneous”. Break down your numbers and explain them. Funders want transparency.

 

4. No evidence or outcomes

Back up your case. Use data to show the need, and outline how you’ll measure success.

 

5. Missing governance or compliance info

Many grants require proof of insurance, board details, policies or financials. Make sure your documents are current and ready.

 

 

 

6. Not following instructions

Stick to word counts. Use the right templates. Upload the correct file types. A great application can still be ruled ineligible for admin errors.

 

7. No risk or sustainability plan

Funders want to know your project is viable — even if something goes wrong or funding ends. Spell that out.

 

8. Submitting at the last minute

Leave time for reviews, tech issues, and final polish. Rushing means mistakes.

 

9. No community buy-in

If the project serves a community, show how they’ve been involved. Add letters of support or quote conversations and feedback.

 

10. Weak reporting plan

Funders expect to see how you’ll track and report on progress. It’s a core part of grant accountability.

 

 

Final thought 

Grants are competitive. But most rejections happen for predictable reasons. By planning ahead, tightening your narrative, and double-checking the details, you’ll improve your chances dramatically. 

Get grant ready – not just application ready!

 


 

Ready to avoid these common pitfalls?

At FundFindrs, we specialise in making sure your grant application doesn’t fall at the avoidable hurdles. From checking eligibility and strengthening your story, to building clear budgets and managing compliance, we partner with you through the entire process. Our team knows what funders are looking for and how to help you stand out. 

Book a FREE consultation today and take the guesswork out of your next grant application. 

 

 

Industry Growth Program (IGP):what’s changed, what matters, and who should apply

Last reviewed: July 02, 2026

 

The Industry Growth Program (IGP) is one of the Federal Government’s key funding pathways for Australian SMEs looking to commercialise innovation and scale their businesses. 

However, the program has shifted significantly. 

Following the Federal Government’s $102 million funding reduction (MYEFO), the IGP is no longer a broadly accessible grant. It is now a highly competitive program focused on commercially viable projects with clear economic impact. 

For businesses, this changes the approach entirely. The question is no longer: “Are we eligible?” but it should be: “Are we competitive enough to be funded?”.

In this article, we break down how the program works today, what has changed, and, most importantly, how to assess whether your business is genuinely positioned to succeed. 

 

 

IMPORTANT NOTE: Following the announcement of the Federal Budget 2026-27, the Industry Growth program has been put on hold affecting both new applicants and those already in the pipeline. At this stage, it hasn’t been confirmed if it will re-commence, be replaced or be cancelled. We will update as further information comes to light.

 


 

Key takeaways 

  • The IGP is currently paused. Following the 2026–27 Federal Budget, the program is on hold for new applicants and those already in the pipeline.
  • Funding was reduced by $102 million. The IGP is no longer a broadly accessible grant and is now focused on highly competitive, commercially viable projects.
  • Competitiveness matters more than eligibility. Being eligible does not guarantee funding in the current assessment environment.
  • The program has two stages: Advisory support to strengthen commercialisation strategy, followed by grant funding for the strongest projects.
  • Innovation alone is not enough. Successful applications must demonstrate commercial readiness, execution capability and measurable economic impact.
  • IGP and R&DTI serve different purposes. R&DTI supports eligible R&D activities retrospectively, while IGP supports future commercialisation and growth.
  • Application quality is critical. Strong positioning and commercial evidence play a major role in funding outcomes.

 

 


 

1 – What is the Industry Growth Program  

The IGP, delivered through business.gov.au, combines advisory support and matched grant funding to help businesses move from innovation to commercialisation. 

 

In practice, the program operates as a two-stage process: 

  1. Advisory stage – designed to assess and strengthen your commercial strategy  
  1. Grant stage – where funding is awarded to the most competitive projects  

 

This structure reflects a clear objective from government: to fund outcomes, not just ideas. The program prioritises businesses that can demonstrate a clear pathway to market, the ability to execute, and the capacity to generate measurable economic outcomes. As a result, technical innovation alone is not enough, applications must show how that innovation translates into commercial impact. 

 

2 – What’s changed in the Industry Growth Program: funding cuts and increased competition 

Recent funding reductions have reshaped the Industry Growth Program. 

Businesses should expect: 

  • Fewer grants awarded  
  • Greater scrutiny on applications  
  • Stronger focus on commercial readiness  
  • Increased importance of financial capability and co-investment  

As a result, application quality and positioning now play a critical role in success. 

 

Stronger competition means greater emphasis on commercial positioning, financial capacity and delivery readiness. FundFindrs helps businesses strengthen these areas before applying.

 

3 – How the program works 

Step 1: Advisory Service (mandatory) 

All applicants must begin with the IGP Advisory Service. 

This involves submitting an application that assesses your: 

  • Business model  
  • Innovation viability  
  • Commercialisation pathway  

 

If eligible, you will work with an Industry Growth Program Adviser to: 

  • Test your strategy  
  • Identify risks and gaps  
  • Define a clear pathway to market  

 

It’s important to know this stage is mandatory once you cannot access grant funding without completing it. 

 

Step 2: Grant Funding 

Businesses that successfully progress may be eligible for one of two streams: 

Early-Stage commercialisation grants
– Funding available: $50,000 – $250,000
– Objective: Supporting businesses moving toward market readiness 

Commercialisation and growth grants
– Funding available: $100,000 – $5 million
– Objective: Supporting businesses ready to scale 

Both streams require: 

  • Matched funding (co-contribution)  
  • Demonstrated financial capability  
  • Clear commercial outcomes  

Funding is awarded on merit, and competition is strong.

 

Industry Growth program Tip

 

 

4 – Industry Growth Program eligibility overview 

To be eligible, businesses must generally: 

  • Be an Australian SME  
    • Fewer than 200 employees  
    • Turnover under $20 million (last three financial years) 
       
    • Value-add in resources  
    • Agriculture, forestry and fisheries  
    • Transport  
    • Medical science  
    • Renewables and low emissions technologies  
    • Defence capability  
    • Enabling technologies (e.g. AI, robotics, biotech)  
  • Demonstrate:  
    • Commercial potential and scalability  
    • IP ownership or access rights  
    • Financial capacity to co-invest  

 

5 – What makes a competitive application in 5-steps 

With increased competition, successful applications typically demonstrate: 

1 – Clear commercial outcomes
A defined pathway to revenue, market adoption, or industry impact 

2 – Strong market and technical positioning
Evidence of demand, traction, or validated development 

3 – Financial readiness
Capacity to fund your share of the project, supported by evidence and an Accountant Declaration 

4 – Structured project planning
Clear milestones, timelines, budgets, and risk considerations 

5 – Alignment with government priorities
A direct link to NRF sectors and broader economic outcomes 

 

6 – A common misconception 

One of the most common mistakes is treating the IGP as a standard grant application. 

In reality, it functions as a commercial assessment process. That’s why eligibility alone does not determine outcome success. Applications are assessed on quality, clarity, and commercial viability — which is why many businesses consider working with a grant writing consultant to strengthen their approach and overall submission strategy. 

Is the Industry Growth Program right for your business? 

The IGP is best suited to businesses that: 

  • Are developing commercially viable innovations  
  • Have a clear pathway to market  
  • Can co-invest in their growth  
  • Are ready to compete in a merit-based funding environment  

If your business is still validating early-stage ideas or lacks financial readiness, it may be worth exploring alternative pathways first. 

 

7 – Where IGP fits within your funding strategy 

The Industry Growth Program (IGP) is often considered alongside programs such as the R&D Tax Incentive (R&DTI). 

While both support innovation, they serve different purposes: 

  • R&DTI supports eligible R&D activities retrospectively  
  • IGP supports forward-looking commercialisation and growth  

For many businesses, these programs can be complementary when used strategically. 

 

8 – How FundFindrs can support your application 

Navigating programs like the IGP requires more than understanding eligibility criteria. If you’re considering apply to it, the first step is understanding your position — not just your eligibility. 

At FundFindrs, we work with businesses to: 

  • Assess whether the program is the right fit  
  • Strengthen commercial positioning before applying  
  • Prepare clear, compliant applications  
  • Support both advisory and funding stages  

Our approach is grounded in practical experience across multiple funding programs and industries.  

 

Book a FREE consultation with FundFindrs to assess your suitability for the Industry Growth Program and build a clear strategy before applying.