Australian Government funding, to match industry voluntary cash investment, is available through FWPA for eligible research activities.
Matching funding of up to 50 per cent of total project cash cost, subject to industry and stakeholder endorsement and cash co-investment.
To be eligible for dollar-for-dollar matching funding, projects need to:
- Have voluntary cash contributions from at least two unrelated companies, where the money contributed has not originally come from Federal or State Government funding
- Align to industry and government research priorities
- Make intellectual property created available to the industry at the project’s completion – there is no requirement to make availability free of charge
- Not constitute cost-shifting i.e. it must be additional activity not research a company would have carried out in any event.
For more information, please contact our R&D Manager via this link.
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View some of the completed projects below:
- Koala location research – Unmanned Aerial Vehicles
- Cross laminated timber acoustic performance research
- Utilising Australian plantation-grown African mahogany for pharmaceutical applications
For projects funded under the voluntary contributions program, a number of additional requirements must be met by project proponents.
- Cash contributions from at least 2 non-related entities must be received by FWPA. A multiparty funding agreement will be entered into by all parties to the project. Voluntary contributions can be matched up to 1:1 with Government funds dependant on program demands.
- Cash contributions sourced from either Commonwealth or State Government appropriations to support R&D are not eligible for matching purposes.
- Proposed research objectives must align to industry and government research priorities.
- Any intellectual property created in projects funded under the voluntary contributions program must be appropriately protected and made accessible to third parties with minimal delay