At the beginning of the week a new government grants initiative was announced to help the insulation industry. The $15 million Insulation Industry Assistance Package was designed to replace another government grant program that was terminated in February.
People involved in this industry will be able to apply for 15% grants off the cost of some of the materials and the assistance will be provided for foil insulation products. The new program has been designed to help foster Australian business and to keep forward momentum as small businesses in Australia recover from the recession.
The maximum amount of money to be paid to any one company will be $500,000. As well as the money that’s being offered the government has also deferred GST payments under some circumstances.

Small business leaders are predicting that the Henry Tax Review will cost dearly for small businesses in Australia and that some of the good from the previous business funding that was designed to help small business get on its feet during the recession will be erased now.
The government’s reduction in the corporate tax rate will benefit many other segments of the Australian economy except for small business according to some economic leaders.
“What the government has given with a two percentage point reduction in corporate taxes it has more than taken back with a three percentage point increase in the superannuation guarantee,” said one Liberal MP.
The liberals are saying that government response will in effect cost small business so much the employment will be reduced as compulsory superannuation payments rise.

The latest round of Commercialising Emerging Technologies (COMET) recipients are basking the money that they have received through Australian government grants that they are getting. The $774,400 in government grants will help bring innovative Australian projects to completion and the more interesting projects that were announced today include the SeaUrchin which is an underwater turbine that will generate electricity from sea currents.
There were other projects that were the recipients of these Australian government grants and these include a technology the eliminates the need for gear boxes with electric motors.
This program is just one of over thirty different programs that are administered through AusIndustry government funding. These business grants are administered by the government of Australia and are designed to help small business in Australia get the start that they need.

With an election looming, the federal war of words is heating up and Tony Abbott has already said that he was reintroduce non union contracts and adjust unfair dismissal laws. All these means that the availability of Australian government grants and workplace relations will be forefront in the next federal election.
Deputy Opposition Leader Julie Bishop also got involved in the fray that is sure to affect small business. She claims that the Rudd government is bringing back unfair conditions in the workplace. Workplace Relations Minister Julia Gillard was equally critical of all the movements that were being made.
It seems that so far none of the politicians involved were willing to discuss how their plans for the election would affect business funding on any scale, but there seems to be a movement toward less government funding as Australia’s economy improves.

Australian high schools will be getting more grant money in the near future. Some of $384 million that has been earmarked to set up training centers across the country will go to local educational establishments.
Education Minister Julia Gillard announced that the number of schools that would get the money was high. Labor’s Trade Training Centres in Schools program announced that 302 establishments would be getting the grants. They allocate between $500,000 and $1.5 million to build one of these needed training centers.
Ms Gillard said there will be a collaborative effort between many of these schools. She said that the money will be allocated to better deal with the projected short falls in the skilled trades. Another round of funding includes 223 public schools in the near future. There will be 62 projects that will take up just under 75% of the allocated money for the time the grants are to run.

There are a series of Australian grants that are designed to increase awareness about using Liquefied Petroleum Gas (LPG) as a viable replacement for the more traditional fuels that small business uses to power their vehicles. Beyond the small business grant that it’s possible to get, the program highlights the many benefits of using this fuel that include the favorable price comparisons with petrol or diesel.

For an LPG vehicle that has been purchased after July 1, 2009, small business may be eligible for following small business grants from $1000 to $1750. If you’ve received grants for any previous conversions you may be eligible for additional grants when the necessary grant application has been filled out. If the vehicle is a boat or tricycle, there is no eligibility for a grant. Those who meet the requirements will be asked to supply a current driver’s license and registration to apply for these Australian grants and loans.

The range of New South Wales government grants also extends to aboriginal peoples who are looking to start a small business or wanting to expand an existing one. Because the Aboriginal Business Development Program is designed to help that specific group, there are certain criteria that need to be met so that these government loans for small businesses wind up with the right people.

The requirements for these small business grants include that at least half of the business that is applying for the grants be aboriginal. As well the application form must show at least two years worth of annual financial reports to prove that they are in fact a viable business. As well the business must have been operating for at least two years in a row.

Industry and Investment NSW offers a range of government grants to eligible aboriginal businesses so they can better their companies.

The CBDF is focused on providing small business grants and equity investments to businesses needing that little extra push in the Canberra area. This is a local venture capital fund that provides government grants for small businesses through a merger of ACT Government and Australian Capital Ventures Limited.

There are several criteria that need to be met here and first and foremost all eligible companies need to be located in or have some manner of connection with the Canberra area.
Any grant application that’s presented for consideration must be an existing business that has reported sales or at least have a prototype that has been marked for commercialization.
The company that’s looking to secure one of these Australian government grants must also have a plan for the growth and expansion of their business.

On April 24 of last year the Green Car Innovation fund was opened to provide Australia grants for cleaner air technology in the automotive industry. The $1.3 billion dollar fund will supply business loans to those automotive firms that are dedicated to developing all technologies that will significantly reduce the green house gas emissions from Australian cars in the near future.

These Australia grants are provided on a three to one ratio. For every $3 dollars that the grantee spends on finding the appropriate technology, the fund provides an additional dollar. This is all part of the initiative called A New Car Plan For A Greener Future.
This plan is part of a $6.2 billion initiative to make the automotive industry in Australia greener and more sustainable by 2020. This fund was developed to motive the Australian car industry toward accepting grants that will result in a greener future.

Applications for Australian government grants for businesses hoping to do their part for climate change are still open until the end of November this year. The program that’s titled Re-tooling for Climate Change is one of the three under the Australian government funding initiative called Clean Business Australia. There are $240 million worth of grant programs here and some of these can be found under the two other umbrella programs called the Climate Ready Program and the Green Building Fund.

This program provides up to half the cost of an initiative that small to medium sized Australian businesses put forward to reduce the size of the footprint their manufacturing creates. The Australian Government grants that are provided here run all the way from $10,000 up to $500,000.