- First funding allocated from the Medical Research Future Fund- $65.9 million
- MRFF to reach $20 billion in 2020/21
- NHMRC Funding continues to flatline
- ARC Funding is also in slow decline
Continue reading “Budget 2017-18 | Budget Summary”
In the May Budget the Federal Government announced that it was replacing a range of existing industry support programmes, including Commercialisation Australia, with the Entrepreneur’s Infrastructure Investment Programme. In June 2014 the Department of Industry launched a discussion paper on the Programme, and Research Australia made a submission. Research Australia’s submission emphasised the importance of building collaboration between publicly funded research organisations and private sector entrepreneurs, the importance of viewing researchers both as a resource to entrepreneurs and potential entrepreneurs in their own right, and suggested a number of measures which would support the successful commercialisation of Australian public research.