Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Innovation Australia—Report for 2013-14


Download PDF Download PDF

innovation Australia annual report 2013 - 14

ii

INNOVATION AUSTRALIA

Online version The online version of this report can be accessed: business.gov.au/grants-and-assistance/innovation-rd/InnovationAustralia

Contact Officer Operations Branch Department of Industry Industry House 10 Binara Street, Canberra City ACT 2601

GPO Box 9839, Canberra ACT 2601 Email InnovationAustralia@industry.gov.au

© Commonwealth of Australia 2014

This work is copyright. Apart from any use as permitted under the Copyright Act 1968, no part may be reproduced by any process without prior written permission from the Commonwealth. Requests and inquiries concerning reproduction and rights should be addressed to the Department of Industry, GPO Box 9839, Canberra ACT 2601.

Designed and typeset by Design and AV, Corporate Network, Department of Industry, Canberra.

Cover image: istockphoto.com

ISSN 2204-3934 ISBN 978-1-925092-47-9

14-25714

iii

ANNUAL REPORT 2013-14

Letter of Transmittal

INNOVATION AUSTRALIA

The Hon Ian Macfarlane MP

Minister for Industry

Parliament House

CANBERRA ACT 2600

Dear Minister

I am pleased to present the Innovation Australia Annual Report on its

activities for the year ending 30 June 2014, prepared in accordance with

section 46(1) of the Industry Research and Development Act 1986.

Yours sincerely

Marlene Kanga

A/g Chair

iv

INNOVATION AUSTRALIA

v

ANNUAL REPORT 2013-14

Contents

Letter of Transmittal iii

Innovation Australia’s Mission 1

Innovation Australia’s Vision 1

Chair’s Report 2

section 1 · highlights 9

section 2 · our programmes 13

Overview 14

Commercialisation Australia 15

R&D Tax Incentive 19

Clean Technology Investment Program 32

Clean Technology Food and Foundries Investment Program 36

Clean Technology Innovation Program 41

Innovation Investment Fund 46

Early Stage Venture Capital Limited Partnerships 49

Venture Capital Limited Partnerships 51

Monitoring our Programmes 53

Climate Ready 54

Commercialising Emerging Technologies 56

Commercial Ready 57

Green Car Innovation Fund 58

Innovation Investment Follow-on Fund 59

Pooled Development Funds 60

Pre-Seed Fund 61

Renewable Energy Development Initiative 62

R&D Start 63

section 3 · governance 65

Innovation Australia Board 66

section 4 · appendices 91

Corporate Governance 92

Australian Government Budget, Expenditure and Forward Obligations 98

Programme by Programme Breakdown 99

Commercialisation Australia Program Breakdown 110

R&D Tax Incentive 124

Innovation Investment Fund (IIF) Programme Breakdown 143

Clean Technology Food and Foundries Investment Program 146

Clean Technology Investment Program Breakdown 160

Clean Technology Innovation Program Breakdown 171

Early Stage Venture Capital Limited Partnerships (EVCLP) Programme Breakdown 175

vi

INNOVATION AUSTRALIA

Venture Capital Limited Partnerships (VCLP) Programme Breakdown 178

Climate Ready Programme Breakdown 182

Green Car Innovation Fund (GCIF) Programme Breakdown 184

Pooled Development Funds (PDF) Programme Breakdown 186

Pre-Seed Fund (PSF) Programme Breakdown 189

Australian Venture Capital Fund of Funds (AFOFs) 191

Eligible Venture Capital Investor (EVCIs) 193

Media Announcements 195

Contact Details 197

Acronym Index 201

Index 203

1

ANNUAL REPORT 2013-14

Innovation Australia’s Mission Empowered by the Industry Research and Development Act 1986 (IR&D Act), the mission of Innovation Australia is:

“To increase the economic return from successful technology-based enterprises in Australia by guiding the Australian Government’s investment in the commercialisation of the nation’s research and development and innovation”.

Innovation Australia’s Vision By accomplishing this mission, Australia will be:

“A nation that is achieving global competitiveness through a strong culture of industry innovation”.

INNOVATION AUSTRALIA AT 30 JUNE 2014

Back row (from left to right): Mr Gerard Noonan, Dr Marlene Kanga AM, Mr Nixon Apple, Ms Susan Wilson, Mr Innes Willox Front row (from left to right): Ms Fiona Pak-Poy, Dr Susan Pond AM, Dr Nicholas Gruen (Chair), Ms Chris Butler, Dr Laurie Hammond Absent: Dr Michele Allan

2

INNOVATION AUSTRALIA

Chair’s Report

I am pleased to present the 2013-14 Innovation

Australia Annual Report.

The evidence shows that here, as in other

countries, more innovative firms are more

productive and competitive.1

Compared with their less innovative peers,

innovative Australian firms are:

• More than twice as likely to export and more

than five times more likely to increase the

number of export markets targeted.

• More than twice as likely to increase

productivity, employment and training.

• Three times more likely to increase

investment in ICT.

• More than three times more likely to increase

the range of goods and services offered.

• 31 per cent more likely to increase income and

46 per cent more likely to report increased

profitability.

Australia has a strong record in innovation. Since

the 1980s, industry assistance has shifted away

from simple subsidies and other market

interventions that have advantaged those

industries able to attract political favour to

themselves. Instead, the Australian Government

has introduced policies to create the enabling

conditions for innovation - such as greater

emphasis on education and training and the

provision of research infrastructure.

1 World Economic Forum - Global Competitiveness Report 2013-14. Department of Industry - Australian Innovation Systems Report 2013.

In recognition of the fact that innovators are

unable to capture all the benefits that flow from

their own innovation, the Australian

Government has also introduced policies to

directly assist innovation. For instance direct

assistance is provided to innovative Australian

firms through the R&D Tax Incentive.

INNOVATION WITHOUT MONEY The cost to the Federal Budget of such policies is

substantial and at a time of considerable fiscal

stringency, which has led to some rationalisation

in the programmes for which Innovation

Australia has oversight. In this environment the

Board has been turning its attention to a host of

ways of driving a wave of innovation enhancing

change within government that requires little or

no funding from the budget.

Just doing what governments already do with

greater focus on facilitating innovation could

generate substantial gains. For example, more

responsive regulation is an important enabler of

innovation. The Board supports the Australian

Government’s regulation reduction reform

agenda to tackle over-regulation and red tape. To

take a simple, but far from trivial example, a

more systematic and streamlined approach to

ethics approval for scientific research would

ameliorate a substantial obstacle to research in

Australia, particularly in medicine.

3

ANNUAL REPORT 2013-14

The Board has long regarded better

collaboration between Australian researchers

and business as crucial. Professional rewards for

our researchers are too heavily oriented towards

publication, with research impact and relevance

to Australian circumstances (particularly in

social sciences like economics), getting too little

attention.

Government procurement can also drive

innovation. Public agencies and their officers

should be empowered, indeed required to

pursue innovation where it can lower costs and/

or improve outcomes as officers of the

Australian Army did when they asked why target

practice had barely changed since World War II.

Why indeed? Today a Sydney based company

exports mobile, programmable targets to

numerous countries around the world.

Spreading that mentality much more widely

within government could produce substantial

innovation benefits.

I have been championing the Board’s “Innovation

without Money” agenda with various

government agencies with a particular focus on

the opportunities for new public goods in the

age of information and the internet. Thus

Google, Twitter and Wikipedia are all new public

goods - each privately provided. The former

examples are funded from advertising profits

whilst Wikipedia is funded philanthropically.

What public goods might be languishing unbuilt

because they are unable to raise sufficient funds

from advertising? How might governments be

able to help and can we configure public private

partnerships to support the emergence of new

public goods? More prosaically, there are any

number of internet enabled solutions replacing

paper based routines - for instance parental

permission for school aged children. There’s an

application for that now - in fact several.

Governments should not mandate which

technology should be used but they should

ensure the institutions they fund don’t dawdle

in adopting new technology.

Further, not only should governments more

vigorously open up their own data, there are

things they can do to encourage more open

private data ecologies. For a knowledge economy,

data is the new infrastructure and the

innovation dividend from greater vigour here is

around $16 million per year.

Detailed personal data is unlikely to ever be

open data, but recently released UK research2

suggests that developing the legal and

institutional infrastructure to give citizens

control over their own data - so they could

release it on their own terms to trusted

information brokers - could generate at least as

much again. It will also be a key enabler of the

new age of personalised medicine.

There are countless such opportunities that have

limited impact on the budget in the short term,

but strong budgetary return over the longer

term as tax on the innovation dividend.

KEY PROGRAMME OUTCOMES In 2013-14, Innovation Australia assisted the

Australian Government by effectively

administering and delivering a wide range

of programmes. Key outputs at the end of

June 2014 include:

• The R&D Tax Incentive has so far registered

10,306 companies (11,936 research and

development performing entities) for the

2012-13 income year with $19.69 billion in

reported industry research and development

expenditure. Applications for the 2012-13

income year will continue to be received up

to 31 October 2014 from companies with

non-standard income years.

• Commercialisation Australia assisted 129

businesses, researchers and entrepreneurs

with grants valued in excess of $54 million.

2 Personal Information Management Services - An analysis of an emerging market Published: 16/06/14. https://www.ctrl-shift.

co.uk/research/product/90.

4

INNOVATION AUSTRALIA

• The Clean Technology Investment Program

received 68 applications and 39 grants

were approved at a total grant value of

$18.71 million.

• The Clean Technology Food and Foundries

Investment Program received 76 applications

and 52 grants were approved at a total grant

value of $21.23 million.

• The Clean Technology Innovation Program

received 12 applications and 11 grants

were approved at a total grant value of

$18.21 million across a wide range of

industry sectors.

MAJOR AREAS OF POLICY ADVICE Recent research indicates that a

disproportionate amount of economic and job

growth comes from newly established firms,

which highlights the importance of such firms’

access to finance. This is a core function of the

financial sector and it has not been performing

well. In this spirit the Board has provided views

on proposed options for improving access to

early stage financing for innovative new

ventures to the Department of Industry and in

its submission to the Financial Systems Inquiry.

A growing phenomenon is ‘crowd sourced equity

funding’ which could provide access to wider

sources of finance for these types of Australian

businesses - along with its contribution to

market validation and marketing more generally.

The Board provided a submission to the

Corporations and Markets Advisory Committee’s

Review of Crowd Sourced Equity Funding to

outline what these measures might look like. In

the Board’s view, the central objective should be

to provide investor protection whist minimising

the transactions costs of doing so.

The Board also made a submission to the Senate

Finance and Public Administration Committee’s

Inquiry into Commonwealth Procurement

Procedures outlining some of the views set out

above.

With the closure of Commercialisation Australia,

the Entrepreneurs’ Infrastructure Programme , is

an important initiative that will offer flexible,

tailored and practical support that can be

accessed by all Australian businesses. Given the

importance of this initiative, the Board

encourages ongoing monitoring and dialogue

with businesses as this programme is rolled out.

The 2014-15 financial year will see progress on

the Government’s National Industry Investment

and Competitiveness Agenda. It will identify new

initiatives that will provide opportunities to

build on Australia’s strengths.

We also engaged with representatives from the

Agricultural White Paper Taskforce, National

Industry Investment and Competitiveness

Agenda, Energy White Paper Taskforce and

Vocational Education and Training (VET) Reform

Taskforce.

The Board will continue to work with, and

provide independent advice to, the Australian

Government on business innovation policies and

programmes from research and development

through to investment and the

commercialisation of new products, processes

and services over the coming year.

INNOVATION ADVOCACY One of the major functions of Innovation

Australia is to promote and market industry

innovation activities, programmes and benefits.

Some highlights for 2013-14 follow.

In February 2014, the Board met with Mr David

Sweeney from the United Kingdom Higher

Education Funding Council. The Council has

adopted a methodology for assessing and

directing funding according to research impact

that was originally developed in Australia, but

not persevered with here. Other meetings

related to collaboration with science and

universities and included meetings with CSIRO

Chair, Mr Simon McKeon AO, Australia’s Chief

Scientist, Professor Ian Chubb AC and Vice

Chancellor Professor Jane den Hollander of

Deakin University.

5

ANNUAL REPORT 2013-14

In May 2014, representatives of the Board visited

Geelong and the Deakin University precinct, to

facilitate a business leaders’ breakfast, including

consultations with local Geelong businesses.

This forum provided an opportunity to discuss

with local business leaders the transformational

reform required in this region as it restructures

with the closure of a number of major heavy

industry facilities. The Board left optimistic

about the talent and drive with which the task

was being tackled.

The Board visited several innovative entities in

the region including Carbon Revolution and

Carbon Nexus. Carbon Nexus is a $34 million

state-of-the-art fabrication and research facility

that is part of the Australian Future Fibres

Research and Innovation Centre funded by the

Australian Government, Deakin University and

CSIRO. Carbon Revolution is an Australian private

company that has developed a carbon fibre car

wheel providing a 50 per cent weight saving

resulting in improved fuel efficiency and reduced

CO2 emissions.

The Board will continue to advocate industry

innovation and explore collaborative

opportunities over the next twelve months.

APPOINTMENTS AND FAREWELLS During the year, the Minister appointed Dr

Marlene Kanga AM, Mr Nixon Apple, Ms Susan

Wilson and Mr John Vines AO as members of the

Board. Dr Kanga was also appointed as Chair of

the R&D Incentives Committee.

The Board also farewelled a number of long

serving members including previous Innovation

Australia Chair, Mr David A Miles AM; and

members: Dr Jonathan Spring; Ms Elizabeth

Lewis-Grey and Dr Peter Riddles.

The Board acknowledges the services of retired

members who served on its various committees

and thanks them for their commitment to the

work of the Board.

IN CONCLUSION I would like to thank all my colleagues on the

Board and its Committees over the year for their

commitment to our work and acknowledge the

contribution of the Department. Particular

thanks to our former Chair Mr David A Miles AM

for his leadership and dedication to our work.

Nicholas Gruen

Chair

6

INNOVATION AUSTRALIA

PROGRAMME ACTIVITY OVERVIEW Innovation Australia administers a range of

Australian Government programmes that

stimulate innovation through research and

development, commercialisation and increased

availability of venture capital, which in turn

promotes economic growth, creates jobs and

provides long term national benefits for

Australia. Detail on each of these programmes is

provided under Section 2.

During 2013-14 Innovation Australia’s

programmes were delivered by AusIndustry, a

division within the Department of Industry.

The tables below provide an overview of

programme activity in 2013-14. The full set of

figures underpinning this overview can be found

at Appendix C.

Table 1.1 · Innovation support 2013-14

Programme

Australian Government budget ($m)

Benefits disbursed ($m)

Value of R&D & commercialisation supported ($m)

Number of customers assisted

R&D Tax Incentive 2012-13 a N/A 2,483 19,688.61 10,306

Clean Technology Innovation Program [CTINNP] b, c, d

20.57 17.59 35.81 27

Climate Ready [CR] c, d, e N/A 0.04 0.09 1

Commercialisation Australia [CA] b, c, d 65.78 63.99 185.67 340

Green Car Innovation Fund [GCIF] b, c, d 5.95 3.08 12.33 4

Total 92.30 2,567.71 19,922.38 10,678

Note: All financial figures are provided on a cash basis a. There is no ‘Australian Government budget’ for the R&D Tax Incentive. The 2014-15 Science, Research and Innovation Budget Table estimates the amount of assistance provided under components of this programme, and these have been aggregated to produce the ‘Benefits disbursed’ figure.

b. The programme’s budget figure only relates to administered grant payments and does not include operating expenses.

c. The payments figure reflects the gross amount paid, and does not account for amounts that may have been repaid.

d. ‘Value… supported’ reflects the component of the investment that attracts grant funding and not necessarily total project expenditure.

e. Cash payments in 2013-14 for the Climate Ready programme were made out of funds from the 2011-12 budget. This programme had no budget in 2013-14.

7

ANNUAL REPORT 2013-14

Table 1.2 · Venture Capital and Industry Investment Support 2013-14

Programme

Australian Government budget ($m)

Benefits disbursed ($m)

Value of Investments supported ($m)

Number of customers assisted

Pooled Development Fund [PDF] 2012-13 a N/A 10 4.11 13

Early Stage Venture Capital Limited Partnerships [ESVCLP] 2012-13 a N/A N/A 21.20 33

Venture Capital Limited Partnership [VCLP] 2012-13 a N/A N/A 218.38 65

Innovation Investment Fund [IIF] b, c, d 85.33 21.75 43.79 35

Innovation Investment Follow on Fund [IIFF] 2.94 N/A N/A N/A

Pre Seed Fund [PSF] b, c 3.14 0.04 0.05 1

Clean Technology Food and Foundries Investment Program [CTFFIP] e, f 65.68 59.64 158.63 267

Clean Technology Investment Program [CTIP] e, f 59.20 58.51 197.71 169

Total 216.29 149.94 643.87 583

Note: All financial figures are provided on a cash basis.

a. There is no ‘Australian Government budget’ for the PDF, VCLP or ESVCLP programmes. The 2014-15 Science, Research and Innovation Budget Table estimates the assistance provided under the PDF programme, and that figure is reported here as ‘Benefits disbursed’.

b. The ‘Benefits disbursed’ figures reflect investments made and exclude Fund Managers’ fees and recoverable expenses.

c. The ‘number of customers’ is the number of investee companies receiving investments during the year from fund managers licensed under the relevant programme. Companies that received investments from multiple fund managers are counted once.

d. The ‘Australian Government budget’ figures have historically included Revolving Fund Proceeds. This is currently zero as $72.46 million was taken as a savings measure in the 2014-15 budget.

e. The programme’s ‘budget’ figure only relates to administered grant payments and does not include operating expenses.

f. The ‘benefits disbursed’ figure reflects the gross amount paid, and does not account for amounts that may have been repaid.

8

INNOVATION AUSTRALIA

2013-14 CUSTOMERS ASSISTED BY STATE The figures below illustrate the distribution, by state, of assisted customers and benefits in 2013-14.

As in previous years, the majority of customers assisted during 2013-14 were based in New South

Wales and Victoria 6,801 (60.5 per cent), with 4,444 (39.5 per cent) being based in the other states

and territories.

Figure 1.1 · 2013-14 Customers assisted by State

2013-14 BENEFITS DISBURSED BY STATE Customers based in states other than New South Wales and Victoria received assistance worth $192.1

million in 2013-14, which is 42.0 per cent of total assistance provided by programmes other than the

R&D Tax Incentive. The Tax Incentive is excluded from these figures as only the Australian Taxation

Office holds data on tax return claims.

Figure 1.2 · 2013-14 Benefits disbursed by State

Western Australia 1383 (12.3%)

Northern Territory 25 (0.2%)

South Australia 671 (6.0%)

Queensland 2082 (18.5%)

New South Wales 3869 (34.4%)

Western Australia 24.5m (5.5%)

Northern Territory 0.3m (0.07%)

South Australia 12.9m (2.8%)

Queensland 146.3m (32.0%)

New South Wales 164.9m (36.1%)

Victoria 2932 (26.1%)

Tasmania 148 (1.3%)

Australian Capital Territory 135 (1.2%)

Victoria 100.3m (21.9%)

Tasmania 3.6m (0.8%)

Australian Capital Territory 3.6m (0.8%)

Western Australia 1383 (12.3%)

Northern Territory 25 (0.2%)

South Australia 671 (6.0%)

Queensland 2082 (18.5%)

New South Wales 3869 (34.4%)

Western Australia 24.5m (5.5%)

Northern Territory 0.3m (0.07%)

South Australia 12.9m (2.8%)

Queensland 146.3m (32.0%)

New South Wales 164.9m (36.1%)

Victoria 2932 (26.1%)

Tasmania 148 (1.3%)

Australian Capital Territory 135 (1.2%)

Victoria 100.3m (21.9%)

Tasmania 3.6m (0.8%)

Australian Capital Territory 3.6m (0.8%)

INNOVATION AUSTRALIA · ANNUAL REPORT 2013-14

Section 1 highlights

HIGHLIGHTS

10

INNOVATION AUSTRALIA

R&D TAX INCENTIVE The R&D Tax Incentive is the Australian

Government’s principal measure to encourage

industry investment in research and

development. It is a broad-based, market-driven

programme that aims to boost company

competitiveness, improve productivity and

deliver economy-wide benefits to Australia.

The R&D Tax Incentive was established in 2011

providing assistance to R&D performing entities

with income years that commenced on or after

1 July 2011.

The R&D Tax Incentive Integrity Assurance

Framework assures the continued sustainability

and success of the R&D Tax Incentive, by

providing a holistic approach to programme

integrity which recognises the need to

encourage active participation in the

programme, maintain ongoing dialogues with

programme participants in the development of

new guidance and education material, and to

promote openness and transparency through

compliance assurance activities.

In 2013-14, AusIndustry continued to promote

the R&D Tax Incentive and released more

customer guidance as part of the guidance-led

approach to programme administration outlined

in the Integrity Assurance Framework. This

included sectoral, large business and

interpretation guidance products. This was

complemented during 2013-14 through the

delivery of over 50 workshops, which were

attended by over 550 companies. Additionally,

more than 350 education appraisals were

completed, and the R&D Tax Incentive Online

Eligibility Tool was accessed by over 12,000

visitors.

There was also:

• a very high level of compliant applications;

• a shift to almost 100 per cent of applications

being submitted electronically; and

• increased use of Advance and Overseas

Findings provisions.

At 30 June 2014, there were 10,306 companies,

(11,936 research and development performing

entities) registered under the R&D Tax Incentive

for the 2012-13 income year. These companies

reported research and development expenditure

totalling $19.69 billion. The 2012-13 income year

is not yet complete; applications will continue to

be received up to 31 October 2014 from

companies with non-standard income years.

INNOVATION INVESTMENT FUND The Innovation Investment Fund (IIF) programme

was established in 1997 to invest in early stage

high growth potential companies

commercialising Australian research. Committed

capital is used for investment purposes and

management fees.

Seventeen funds have been licensed under the

programme as at 30 June 2014. Eight fund

managers have wound up their IIF funds and

nine are still operating. The funds have invested

in 138 investee companies, with the majority

involved in the commercialisation of

information, communication or life science

technologies. As at 30 June 2014, there are 12 IIF

investee companies listed on the Australian

Stock Exchange.

As part of the 2014-15 Budget the Government

decided not to proceed with the fourth round of

the Innovation Investment Fund programme.

Existing funds will continue to invest in

Australian startups. These funds still have

approximately $200 million in uncalled capital

(government and private).

HIGHLIGHTS

11

ANNUAL REPORT 2013-14

EARLY STAGE VENTURE CAPITAL LIMITED PARTNERSHIPS Early Stage Venture Capital Limited Partnerships

(ESVCLP) is a venture capital investment vehicle

providing flow-through tax treatment for

investors and a complete tax exemption for

income (both revenue and capital) received by its

domestic and foreign partners. It aims to

stimulate Australia’s venture capital sector and

investment into early stage companies.

As at 30 June 2014 there were 15 (including seven

conditionally registered) ESVCLPs registered. Of

the $324 million committed to registered

ESVCLPs, $160 million is from funds also licensed

under the IIF programme (Australian

Government and private investor co-investment

funds).

VENTURE CAPITAL LIMITED PARTNERSHIPS Venture Capital Limited Partnerships (VCLP) is

designed to stimulate the Australian venture

capital industry by providing incentives for

increased foreign investment which will support

patient equity capital investments in relatively

high-risk startup and growth businesses which

would otherwise have difficulty in attracting

capital through normal commercial means.

As at 30 June 2014, there were 43 registered

VCLPs (including four conditionally registered)

with approximately $5.4 billion in committed

capital, of which approximately 41 per cent is

sourced from overseas investors.

12

INNOVATION AUSTRALIA · ANNUAL REPORT 2013-14

Section 2

our programmes

14

INNOVATION AUSTRALIA

OVERVIEW Overview

Innovation Australia aims to promote the development and improvement of the efficiency and

international competitiveness of Australian industry by encouraging research and development,

innovation, investment and venture capital activities and growing new knowledge based enterprises.

The programmes include:

R&D and Innovation Programmes

• Commercialisation Australia (CA)3

• R&D Tax Incentive and R&D Tax Concession

Clean Technology Programs4

• Clean Technology Investment Program (CTIP)

• Clean Technology Food and Foundries Investment Program (CTFFIP)

• Clean Technology Innovation Program (CTINNP)

Venture Capital Programmes

• Innovation Investment Fund (IIF)

• Early Stage Venture Capital Limited Partnerships (ESVCLP)

• Venture Capital Limited Partnerships (VCLP)

Together these programmes are designed to increase Australian industrial research and development

efforts to assist in the successful commercialisation of research and development outcomes and to

build the new technological based enterprises of tomorrow.

A committee structure is used to assist Innovation Australia administer its programmes.

3 The Commercialisation Australia (CA) programme closed to new applications on 21 March 2014.

4 The Clean Technology Programs closed to new applications on 22 October 2013.

COMMERCIALISATION AUSTRALIA

15

ANNUAL REPORT 2013-14

Commercialisation Australia

ESTABLISHMENT Commercialisation Australia (CA) was announced

as part of the 2009-10 Federal Budget and

opened to applications on 4 January 2010. It had

funding of $267.70 million over five years to

2013-14, with ongoing funding of $82 million a

year thereafter.

OBJECTIVES The objective of the programme was to build the

capacity of and opportunities for, Australia’s

researchers, entrepreneurs and innovative firms

to convert intellectual property into commercial

ventures, creating high skill jobs and increasing

our global competitiveness.

CA ceased to accept new applications or requests

for funding extensions from 21 March 2014 when

it became clear that the programme would be

considered as part of the Budget process.

Applicants were advised of this decision at the

time.

As an outcome of the 2013-14 Budget, the

Australian Government decided to close the CA

Program to new applications.

Table 2.1 · Australian Government budget and

expenditure at 30 June 2014 2013-14 ($m) 2014-15 ($m) 2015-16 ($m)

Budget 65.78 40.90 9.50

Commitments 0.00 36.33 5.33

Payments made 63.99 0.00 0.00

PROGRAMME PERFORMANCE During 2013-14, the CA Board considered

216 applications. Of these,129 applications were

approved for funding, for a total value of

$54.25 million.

CA provided assistance under four key

components:

• Skills and Knowledge - grants of up to $50,000

to purchase specialist advice and services. This

component helped participants identify what

specialist advice they most needed and where

to access it. Applicants were required to

match the grant funding on a 80:20 basis

(where the applicant contributes 20%) and

complete the component within 12 months.

• Experienced Executives - grants of up to

$350,000 (up to $175,000 per year) were

provided to engage an experienced Chief

Executive Officer or other senior executive.

Applicants needed to match the grant

funding on a 50:50 basis and complete this

component within 2 years.

• Proof of Concept - grants of between $50,000

and $250,000 were to assist with testing the

commercial viability of business models or an

idea for a product, process or service.

Participants were required to match the grant

funding on a 50:50 basis and complete this

component within 12 months.

• Early Stage Commercialisation - grants were

from $50,000 to $2 million to undertake

activities focusing on enabling a new product,

process or service to be developed to the stage

where it could be taken to market.

Participants needed to match the grant

funding on a 50:50 basis and complete this

component within 2 years.

COMMERCIALISATION AUSTRALIA

16

INNOVATION AUSTRALIA

Successful applicants were assigned a Case

Manager with whom they will continue to have

access until the completion of their grant. They

will also continue to have access to the CA

Expert Network (formerly known as Volunteer

Business Mentors). Case Managers and Expert

Network members help participants identify

what specialist advice they most need and

where to access it.

OUTCOMES Since its commencement in 2010, CA has offered

financial assistance to support 607 projects

across a wide range of industry sectors, worth a

total of $231.60 million.

139 CA projects were completed in 2013-14.

Of these, 77 per cent were successful and

proceeding to full commercialisation.

GOVERNANCE Ministerial Programme Guidelines and

Programme Directions, issued by the Minister

under the IR&D Act, provide the policy and

procedures for administering the CA Program.

The CA Board, a Committee of Innovation

Australia, provide expert advice and merit rank

applications. Members have a diverse range of

experience, qualifications, and are equipped with

the technical and commercial expertise required

to assess and provide advice on the merit of

applications.

The role of the CA Board is outlined in Section 3 -

Corporate Governance.

CASE STUDY

ANNUAL REPORT 2013-14

17

CASE STUDY:

Urban Ecological Systems - World-first horticulture system for boys from the bush COMMERCIALISATION AUSTRALIA

It was a serendipitous meeting when Urban Ecological Systems Australia (UESA) Pty Ltd co-founder

Hogan Gleeson met Commercialisation Australia Case Manager John Grew at a social function in

Sydney in 2000.

Hogan, with co-founder Andrew Bodlovich, had developed a patented low energy, sustainable,

organic food production system. Grew, who maintains a keen interest in commercialising diverse

aquaculture projects in Australia and Asia after a 30 year career in the life science and industrial

biotechnology sector, had insights galore to offer about the technology concept, upsides and issues.

As a direct result, the landmark aquaculture concept, which saw UESA win their episode on the ABC

Inventors Program seven years ago, is today a commercial reality.

CASE STUDY

INNOVATION AUSTRALIA

18

That first meeting led UESA to a successful $1.9 million Early Stage Commercialisation grant which

has seen that concept grow into a state-of-the-art world-first horticulture system. Growing herbs

and barramundi simultaneously - with zero effluent - in western Sydney, the $5 million innovative

integrated glasshouse and aquaculture poly-culture system is so impressive it has won UESA a

five-year organic produce supply agreement with Coles. UES Australia is selling the herbs and

barramundi through its marketing partner, Edison, to Coles each week.

Commercialisation Australia supported the UESA R&D facility scale up and technology optimisation

at a green field site near Narellan NSW, close to the key fresh food market of Sydney.

Today the state-of-the-art glasshouse, on a seven hectare block at Cobbitty owned by the University

of Sydney, links beds of herbs by a complex system of pipes to water tanks containing barramundi.

The concept is beautifully simple and effective: As the barramundi grow, their waste is biologically

transformed into safe plant nutrients and then used to feed parsley, basil and coriander. The only

way that water leaves the system is through evaporation from the plants.

The unique and patented system, the first of its size and scale in the world, is forecast to produce

more than 10 times more organically-certifiable food than traditional field horticulture. Because it

produces no effluent, it is ideally suited to urban and suburban environments.

For more information about Urban Ecological Systems go to www.bluesmartfarms.com.

R & D TAX INCENTIVE

19

ANNUAL REPORT 2013-14

R&D Tax Incentive

ESTABLISHMENT The R&D Tax Incentive was established in 2011

providing assistance to R&D performing entities

with income years that commenced on or after

1 July 2011. The R&D Tax Incentive is established

by the legislative provisions under Division 355

of Income Tax Assessment Act 1997 and Part III of

the Industry Research and Development Act 1986.

The R&D Tax Incentive is the Australian

Government’s flagship programme for

encouraging business investment in research

and development (R&D), and for growing and

sustaining innovative, competitive and export-oriented Australian industries. The two core

components are:

• a 45 per cent refundable tax offset (equivalent

to a 150 per cent deduction) to eligible entities

with an aggregated turnover of less than

$20 million per annum; and

• a non-refundable 40 per cent tax offset

(equivalent to a 133 per cent deduction) to all

other eligible entities.

AusIndustry and the Australian Taxation Office

(ATO) are responsible for delivering the R&D Tax

Incentive and work closely together in the

administration of the programme.

The R&D Tax Incentive is available to:

• corporations that are incorporated under an

Australian law;

• foreign corporations that are Australian

residents;

• foreign corporations that are resident of a

country with which Australia has a double tax

agreement and carry on business through a

permanent establishment in Australia; and

• public trading trusts with a corporate trustee.

Beneficiaries of the R&D Tax Incentive must

apply annually to Innovation Australia (via

AusIndustry) for registration of activities

undertaken in the previous income year. Eligible

companies may lodge registration applications

during the 10 months after the end of their

income year, and then claim the tax incentive for

research and development in their annual tax

returns filed with the ATO.

OBJECTIVES Through the R&D Tax Incentive, the Australian

Government aims to achieve its broader

objective of developing internationally

competitive industries in Australia by:

• encouraging industry to conduct research and

development activities where the knowledge

gained is likely to benefit the wider Australian

economy; and

• providing an R&D incentive for industry to

conduct, in a scientific way, experimental

activities for the purpose of generating new

knowledge or information in either a general

or applied form.

PROGRAMME PERFORMANCE AND OUTCOMES During 2013-14, the high level of collaboration

continued between AusIndustry and the ATO.

This work was progressed under the direction of

an executive level management committee, the

Joint Administrative Governance Group (JAGG).

The Group was established under a

Memorandum of Understanding between

AusIndustry and the ATO.

R & D TAX INCENTIVE

20

INNOVATION AUSTRALIA

Under the R&D Tax Incentive, companies self-assess the eligibility of their research and

development activities, with compliance

monitored by AusIndustry on behalf of

Innovation Australia.

At 30 June 2014, 11,936 R&D performing entities

(including some that are part of consolidated

groups for tax purposes) have so far registered

under the R&D Tax Incentive for the 2012-13

income year. Despite being an incomplete year,

this still represents an increase of over 1,500

R&D performing entities compared to the

complete 2011-12 income year. Reported

expenditure was $19.69 billion (Figure 2.1).

The 2012-13 income year is not yet complete;

applications will continue to be received up to

31 October 2014 from companies with

non-standard income years.

Figure 2.1 · Summary of R&D Tax Concession/Incentive for R&D performing entities,

from 1985-86 to 2012-13 as at 30 June 2014 (incomplete data for 2012-13)

25,000

20,000

15,000

10,000

5,000

0

Number of R&D performing entities Registered Expenditure $m

2010-2011

2009-2010

2011-2012

2012-2013 (incomplete)

2008-2009

2007-2008

2006-2007

2005-2006

2004-2005

2003-2004

2002-2003

2001-2002

2000-2001

1999-2000

1998-99

1997-98

1996-97

1995-96

1994-95

1993-94

1992-93

1991-92

1990-91

1989-90

1988-89

1987-88

1986-87

1985-86

Table 2.2 shows the number of new registrants

under the R&D Tax Incentive, for the incomplete

2012-13 income year.

Table 2.2 · New registrants as at 30 June 2014

New Registrants as at 30 June 2014

Number of R&D

performing entities 2012-13 (incomplete year)

Total registrants 3,018

R&D Tax Incentive registrations data shown in this report for the 2012-13 income year are incomplete as at 30 June 2014. Applications for the 2012-13 income year will continue to be received up to 31 October 2014 from companies with non-standard income years.

During 2013-14, a service delivery performance

of 99 per cent of applications registered was

achieved within the target of 10 days. Under the

R&D Tax Incentive program, almost 100 per cent

of applications are submitted electronically.

R & D TAX INCENTIVE

21

ANNUAL REPORT 2013-14

Data set (Figure 2.1)

Registration Year Number of R&D performing entities Registered R&D Expenditure ($m)

1985-86 2,549 107.76

1986-87 1,666 731.45

1987-88 2,067 1,093.25

1988-89 2,153 1,321.72

1989-90 2,365 1,625.45

1990-91 2,499 2,189.91

1991-92 2,836 2,698.31

1992-93 2,960 2,973.30

1993-94 3,436 3,391.79

1994-95 3,624 3,958.47

1995-96 3,734 4,470.44

1996-97 3,295 4,173.85

1997-98 3,304 4,353.30

1998-99 3,185 5,094.46

1999-00 3,274 4,919.57

2000-01 3,732 5,669.83

2001-02 4,755 6,091.87

2002-03 5,097 6,362.91

2003-04 5,646 6,923.29

2004-05 5,997 8,271.48

2005-06 6,421 9,745.07

2006-07 6,967 12,389.89

2007-08 7,911 14,923.01

2008-09 8,582 18,086.72

2009-10 8,767 17,638.28

2010-11 9,281 18,240.69

2011-12 10,410 19,854.59

2012-13 (incomplete) 11,936 19,688.61

2011-12 (Tax Con) 1,077 5,762.20

2011-12 (Tax Inc) 9,333 14,092.39

R & D TAX INCENTIVE

22

INNOVATION AUSTRALIA

Table 2.3 · R&D Tax Incentive registrants and research and development performing entities

for 2012-13 at 30 June 2014

Registrants by turnover, at 30 June 2014 Number of companies Number of R&D performing entities Reported R&D

expenditure ($m)

Total registrants 10,306 11,936 19,688.61

Aggregated turnover < $20 million 8,456 8,861 4,903.64

Aggregated turnover >= $20 million 1,850 3,075 14,784.98

• Data shown in this report on R&D Tax Incentive registrations for the 2012 13 income year as at 30 June 2014 are incomplete as some companies have non-standard income years.

• This table uses Innovation Australia registration data and indicates the declared intention of registrants. Actual benefits will vary depending on individual circumstances.

• The total number of research and development performing entities is greater than the number of companies registered for the programme because it includes subsidiaries that are registered as part of group registrations.

The distribution of company registrations by

reported research and development expenditure

for the R&D Tax Incentive 2012-13 income year is

shown in Figure 2.2.

The majority of companies (63 per cent) reported

research and development expenditure of less

than or equal to $500,000, representing

approximately seven per cent of total reported

research and development expenditure under

the R&D Tax Incentive. Research and

development activities valued at more than

$10 million were undertaken by around three

per cent of registrants, representing

approximately 61 per cent of the total reported

research and development expenditure.

Figure 2.2 · Percentage of registrations under the R&D Tax Incentive by research and development

expenditure (%) for 2012-13, as at 30 June 2014

Percentage of registrations by Research and Development expenditure

2.6% 2.6%

15.7%

16.6%

62.5%

<= $500k - % of registrations by R&D expenditure 62.5%

>$500k and <= $1m - % of registrations by R&D expenditure 16.6%

>$1m and <= $5m - % of registrations by R&D expenditure 15.7%

>$5m and <= $10m - % of registrations by R&D expenditure 2.6%

>$10m - % of registrations by R&D expenditure 2.6%

R & D TAX INCENTIVE

23

ANNUAL REPORT 2013-14

Data set (Figure 2.2)

Research and Development Expenditure Ranges ($)

Proportion of registrations (%)

Number of registrants (no.)

<= $500k

% of registrations by Research and Development expenditure

63% 6,442

>$500k and <= $1m

% of registrations by Research and Development expenditure

17% 1,713

>$1m and <= $5m

% of registrations by Research and Development expenditure

16% 1,615

>$5m and <= $10m

% of registrations by Research and Development expenditure

3% 265

>$10m

% of registrations by Research and Development expenditure

3% 271

Figure 2.3 shows that the main areas of research conducted by users of the R&D Tax Incentive for the

2012-13 income year (measured as reported research and development expenditure against the

Australian and New Zealand Standard Research Classification (ANZSRC)), are Engineering (56 per

cent); Information and Computing Sciences (25 per cent); Technology (5 per cent); and Medical and

Health Sciences (4 per cent).

Figure 2.3 · Research and development expenditure ($m) by field of research (Australian and

New Zealand Standard Research Classification) for 2012-13 under the R&D Tax Incentive,

as at 30 June 2014

Agricultural and Veterinary Sciences

Biological Sciences

Built Environment and Design

Chemical Sciences

Commerce, Management, Tourism and Services

Earth Sciences

Economics

Education

Engineering

Environmental Sciences

History and Archaeology

Information and Computing Sciences

Language, Communication and Culture

Law and Legal Studies

Mathematical Sciences Medical and Health Sciences

Philosophy and Religious Studies

Physical Sciences

Psychology and Cognitive Sciences

Studies in Creative Arts and Writing

Studies in Human Society

Technology

12,000

10,000

8,000

6,000

4,000

2,000

0

No. of times nominated (a) Registered Expenditure $m

R & D TAX INCENTIVE

24

INNOVATION AUSTRALIA

Data Set (Figure 2.3)

Field of research - Australian and New Zealand Standard Research Classification (ANZSRC) No. of companies nominating

R&D

Expenditure ($m)

Agricultural and Veterinary Sciences 558 551.36

Biological Sciences 171 150.54

Built Environment and Design 202 151.13

Chemical Sciences 458 339.64

Commerce, Management, Tourism and Services 103 62.01

Earth Sciences 221 352.74

Economics 5 0.95

Education 54 19.05

Engineering 4,310 10,963.39

Environmental Sciences 256 261.52

History and Archaeology 0 0.00

Information and Computing Sciences 3,598 4,904.44

Language, Communication and Culture 1 0.09

Law and Legal Studies 3 0.24

Mathematical Sciences 50 79.96

Medical and Health Sciences 497 788.31

Philosophy and Religious Studies 0 0.00

Physical Sciences 73 46.28

Psychology and Cognitive Sciences 15 1.83

Studies in Creative Arts and Writing 4 5.14

Studies in Human Society 0 0.00

Technology 777 1,010.19

Note: A registrant company, in their registration application, may nominate more than one Australian and New Zealand Standard Research Classification to which their research and development activities relate.

R & D TAX INCENTIVE

25

ANNUAL REPORT 2013-14

Figures 2.4 and 2.5 present the number of

registrations under the R&D Tax Incentive for

2012-13 by research and development

expenditure range and industry sector.

Figure 2.4 · Number of registrations under the R&D Tax Incentive by research and development expenditure and aggregated turnover range for 2012-13, as at 30 June 2014 (incomplete year)

Data Set (Figure 2.4) Research and Development Expenditure Range ($)

Refundable Tax Offset

Non-

refundable Tax Offset

<=$500k 6,008 434

>$0.5m <=$1m 1,405 308

>$1m <=$5m 952 663

>$5m <=$10m 62 203

>$10m <=$25m 23 152

>$25m <=$50m 4 51

>$50m 2 39

Figure 2.5 · Number of registrations under the R&D Tax Incentive by aggregated turnover range and summary Australian and New Zealand Standard Industrial Classification (ANZSIC) sector for 2012-13, as at 30 June 2014 (incomplete year)

Data set (Figure 2.5)

ANZSIC Sector

Refundable Tax Offset

Non-

refundable Tax Offset

Agriculture, Forestry and Fishing

311 76

Mining 518 205

Manufacturing 2,829 737

Electricity, Gas, Water and Waste Services

199 54

Construction 161 115

Services 4,438 663

R & D TAX INCENTIVE

26

INNOVATION AUSTRALIA

ADVANCE AND OVERSEAS FINDINGS Companies wishing to register research and

development activities under the R&D Tax

Incentive, which they plan to conduct overseas,

must lodge an Advance and Overseas Finding

application and receive a positive finding to

claim overseas expenditure.

An Advance Finding is a ruling on whether all or

part of an activity is a core research and

development activity, a supporting research and

development activity, or neither of these.

Advance and Overseas Findings give companies

certainty about eligibility before they conduct

their research and development activities or

register them under the programme.

During 2013-14, 202 applications for Advance

and Overseas Findings were received for the

2013-14 income year, and 229 decisions related

to Advance and Overseas Finding applications

were made (consisting of 27 Advance Findings,

and 202 Overseas Findings). Of the 229 Findings

completed as at 30 June 2014, some Findings

related to earlier income periods of R&D activity.

RESEARCH SERVICE PROVIDERS The Australian Government is committed to

encouraging business to access R&D expertise

and skills provided by public and private sector

research and development organisations. The

R&D Tax Incentive allows for the registration of

Research Service Providers (RSPs) who offer

expertise to companies that do not have access

to the specific skills and resources they require

to undertake research and development.

RSPs also allow companies to benefit from the

R&D Tax Incentive by contracting their research

and development work to an organisation with

RSP status. Companies that use RSP services do

not have to meet the $20,000 expenditure

threshold for the R&D Tax Incentive.

As at 30 June 2014, 198 organisations were

registered as RSPs. The list of organisations is at

Appendix E.

JOINT ADMINISTRATION WITH THE AUSTRALIAN TAXATION OFFICE As joint administrators of the R&D Tax

Concession and R&D Tax Incentive programmes,

AusIndustry and the Australian Taxation Office

(ATO) engaged closely throughout the year.

The administration of the R&D Tax Incentive was

progressed under the direction of an Executive-level management committee the Joint

Administrative Governance Group (JAGG). The

group was established under a Memorandum of

Understanding between AusIndustry and the

ATO. This joint administrative effort is aimed at

ensuring that education, guidance and

compliance products delivered by both

organisations are consistent with the objectives

of the programme.

JAGG’s principal focus is on ensuring the

ongoing integrity of both the eligibility of

claimed research and development activities

registered with Innovation Australia, and the

veracity of related expenditure claims lodged

with the ATO by participants in the programme.

In line with the above, key collaborations

included:

• ongoing consultation with the National

Reference Group, which includes key external

stakeholder groups and represents a forum for

discussion of administrative and programme

delivery matters;

• joint development of new guidance materials

in line with the ongoing delivery of the R&D

Tax Incentive; and

• operational interaction between the

AusIndustry and ATO distributed networks.

R & D TAX INCENTIVE

27

ANNUAL REPORT 2013-14

PROGRAMME INTEGRITY ASSURANCE On behalf of Innovation Australia, AusIndustry

actively monitors compliance under the R&D Tax

Incentive on a risk management basis.

Compliance findings show that the majority of

companies represent a low risk in respect of the

eligibility of their research and development

activities. AusIndustry’s risk assessment may

lead to formal determinations or Findings of

research and development eligibility by

Innovation Australia or a delegate, which may in

turn result in denial of benefits provided under

the R&D Tax Incentive.

Through its national customer service network,

AusIndustry continues to provide a range of

programme guidance materials, educational

seminars and risk assessment activities.

During 2013-14, the key elements of

AusIndustry’s guidance-led delivery of the R&D

Tax Incentive included:

• the release of three guidance products for the

Energy, Manufacturing, and Built Environment

sectors;

• the release of two animated case studies for

the Information and Communications

Technology and Agri-food sectors;

• the release of a Guide to Interpretation which

sets out how AusIndustry interprets key

elements of the legislation;

• the release of a Large Business Review product

guide;

• the piloting of an R&D Tax Incentive

Curriculum aimed at educating accountants

and tax agents new to the programme;

• over 350 educational appraisals completed;

• over 220 customer visits and workshops

(consisting of over 170 customer visits, and

over 50 workshops delivered to more than

550 companies); and

• over 1,400 compliance assurance reviews.

Other guidance continues to be prepared and

the approach adopted is grounded in effective

stakeholder liaison and feedback. AusIndustry

continues to release its quarterly R&D Tax

Incentive electronic bulletin to an extensive

mailing list including participant companies, tax

agents and other stakeholders.

The peak consultative group for the programme,

the R&D Tax Incentive National Reference Group,

met twice in 2013-14. The National Reference

Group provides key stakeholders and

programme administrators with a joint forum to

identify, prioritise and discuss technical and

administrative issues relating to the R&D Tax

Incentive. The National Reference Group is co-chaired by AusIndustry and the ATO.

GOVERNANCE The R&D Tax Incentive and R&D Tax Concession

are administered by Innovation Australia

(assisted by AusIndustry) and the ATO.

The R&D Incentives Committee (R&DIC)

administers both programmes under delegation

from Innovation Australia.

The role of R&DIC is outlined in Section 3 -

Corporate Governance.

The R&D Tax Incentive Advisory Committee

(TIAC) was established as a committee of

Innovation Australia to monitor the

implementation and operation of the R&D Tax

Incentive programme. Following the

implementation and establishment of the R&D

Tax Incentive, TIAC was revoked with effect from

31 March 2014. Ongoing monitoring functions of

the programme will be performed by R&DIC and

Innovation Australia.

CASE STUDY

INNOVATION AUSTRALIA

28

CASE STUDY:

De Bruin Engineering R&D TAX INCENTIVE

With the local sawmilling industry in decline, Mt Gambier business de Bruin Engineering

decided to combat a dwindling customer base by investing in research and development

in an entirely new field - agriculture.

In 2010 the business won the licence to manufacture an innovative weed controller - the de Bruin

Harrington Seed Destructor (HSD), which was invented by a Western Australian farmer and

commercialised by the Grains Research and Development Council after collaboration with the

University of Western Australia and the University of South Australia.

The investment is beginning to pay off, with de Bruin Engineering increasing its staff numbers to

meet growing demand for the innovative machinery which offers broadscale farmers a mechanical

way to combat herbicide-resistant weeds.

Before winning the licence for the HSD, de Bruin Engineering had no products as such - it was a

general engineering business that serviced the 60,000-strong greater Mt Gambier region. While this

side of the business continues, the business is excited by the new opportunities the HSD provides.

CASE STUDY

ANNUAL REPORT 2013-14

29

“All of the customers for the HSD are so far Western Australian broadscale farmers - a market that

had never heard of us before,” says General Manager, John Millhouse. “We have been pleasantly

surprised by the strong demand for the HSD.”

In the first year, the company built and sold two of the $198,000 units, but found there were some

reliability issues with the belt drive system, which required significant R&D to resolve.

“We had to spend about $250,000 in R&D in the first year to improve the design, which involved

commissioning a hydraulic model,” Mr Millhouse said. “The new model HSD we have developed is

proving much more successful - we are building five units this year.”

This R&D was supported by the Australian Government’s R&D Tax Incentive.

With projected HSD sales of $1 million in 2014/15, de Bruin Engineering is optimistic that the

investment in the de Bruin HSD will pay dividends well into the future. Already it has increased its

staff numbers from 25 to 32, with another three positions expected to be created by mid-2014.

The business’ investment in the HSD may also lead to new opportunities for innovative solutions for

the agricultural industry.

“We knew nothing about farming when we started, and we’re not experts now, but we do know a

lot more. One of the things we are discovering is that there are opportunities to do things better.

With Australia’s reputation and standing as a ‘food bowl’, we are confident the future is bright for

us,” Mr Millhouse said.

CASE STUDY

INNOVATION AUSTRALIA

30

CASE STUDY:

Sage Technology - Turning sage advice into action R&D TAX INCENTIVE

In 1997, Sage Technology, based in Morwell, Victoria, designed its first safe-work system

in conjunction with Loy Yang Power.

Built around then world’s best practice isolation and permit management processes in the power

industry, the system became the Australian power industry standard Electronic Permit to Work

(ePTW) with the support of Loy Yang Power.

As technology marched on, Sage actively toiled to move with the times, reinvesting profits and

taking significant risks to ensure it continued meeting its customer needs; an approach which has

rewarded it well by allowing it to win new customers in a range of new markets.

To that end, in 2007 it introduced a new browser-based system that incorporated risk, isolation and

permit management and it became Australia’s first Integrated Safe System of Work - SageSURPASS.

CASE STUDY

ANNUAL REPORT 2013-14

31

“Developing this product has given us access to the global resources sector, including Oil and Gas

and Mining,” says Managing Director Lynda Bertoli. “Since then, we have continued enhancing the

product by adding multi-lingual capability, mobilization and integration to other enterprise data

systems.”

ePTW solutions keep thousands of workers safe globally and add value by saving money,

streamlining processes, maximising productivity, and reducing downtime every day.

Sage Technology has been developing, implementing and supporting electronic Permit to Work/

Integrated Safe Systems of Work for more than 15 years. The company has products in almost all

major resources companies in Australia and is highly regarded and competitive with established and

well-resourced Northern Hemisphere market players.

Employing 30 people, Sage undertakes all research, design and development work from its offices in

Morwell. This R&D has been supported by the Australian Government’s R&D Tax Incentive.

Since 1998 Sage has worked with its customers in hazardous energy industries to build safe work

solutions to their isolation, lockout tag out and permit to work issues. Its research into product

platforms, mobility and device platforms has allowed it to develop products that are device and

operating system agnostic.

“The R&D Tax Incentive is an innovation enabler for our business,” Ms Bertoli said. “Our company,

which is small, regionally based and privately-owned, has built our products by reinvesting profits

and taking significant risks. The R&D Tax Incentive has enabled us to grow our products, making

them relevant and leading in the Australian and global resources market.

“It is a process that supports the concept of cutting red tape for small business. Our company is

committed and dedicated to continual innovation and access to this Incentive enables us to extend

our commitment,” she said.

CLEAN TECHNOLOGY INVESTMENT PROGRAM

32

INNOVATION AUSTRALIA

Clean Technology Investment Program

ESTABLISHMENT The policy objective of the Clean Technology

Investment Program (CTIP), launched on

16 February 2012, was to assist Australian

manufacturing businesses to invest in energy

efficient capital equipment and low emissions

technologies, processes and products in order to

maintain the competitiveness of manufacturing

businesses in a carbon constrained economy.

On 22 October 2013, the programme closed to

new applications. AusIndustry is continuing to

manage the existing funding agreements.

Table 2.4 · Australian Government budget and

expenditure at 30 June 2014

2013-14 ($m) 2014-15 ($m) 2015-16 ($m) 2016-17 ($m)

Budgeta 59.20 29.47 18.35 3.52

Commitmentsb 0.00 31.66 14.60 3.45

Payments made 58.51 0.00 0.00 0.00

a. The CTIP and the CTFFIP are managed through a single budget allocation. The budget figures reflect the amount for both programmes.

b. Some commitments in 2014-15 will be met from the previous year’s allocation.

PROGRAMME PERFORMANCE In 2013-14, the CTIP received 68 applications

before the programme was formally closed.

Table 2.5 · Clean Technology Investment Program Applications Received 68

Applications Considered 96

Applications Approved 39

Approved ($m) 18.71

OUTCOMES The outcome of the CTIP is leveraged capital

investment in energy efficient and low

emissions technologies, plant and equipment to

reduce carbon emissions intensity, including

through improvements in energy efficiency.

The key performance indicator target for the

2013-14 financial year was 80 per cent of

companies assisted reporting a minimum five

per cent reduction in carbon intensity. One

hundred per cent of assisted companies reached

this prescribed reduction.

Table 2.6 · Outcomes of Clean Technology

Investment Program Programme Clean Technology

Investment Program

Applications Approved 39

Total project cost ($m) 110.43

CLEAN TECHNOLOGY INVESTMENT PROGRAM

33

ANNUAL REPORT 2013-14

GOVERNANCE Ministerial Programme Guidelines and

Programme Directions, issued by the Minister

under the IR&D Act, provide the policy and

procedures for administering the CTIP.

The Clean Technology Investment Committee

(CTIC), under Innovation Australia, provided a

merit based assessment for all eligible

applications received under the CTIP until it’s

closure. Committee members had a diverse

range of experience and qualifications relevant

to assess applications from Australian

manufacturers.

Further information about the Committee is

outlined in Section 3 - Corporate Governance.

CASE STUDY

INNOVATION AUSTRALIA

34

CASE STUDY:

The Austral Brick Co (Brickworks) - Getting fired up over energy efficiency CLEAN TECHNOLOGY INVESTMENT PROGRAM

Brickworks is a group of Australian-owned companies involved in manufacturing a range

of building products, as well as property development and investments, with a market

capitalisation of $1.6 billion.

The Austral Bricks division produces bricks and pavers for domestic and international markets. The

division is energy intensive with power costs accounting for more than 20 per cent of total costs at

some facilities.

Rising gas and electricity prices, combined with carbon pricing, led to Austral - and parent Brickworks

- examining ways to improve energy efficiency and reduce carbon emissions. With a $498,875 grant

from the Clean Technology Investment Program, Austral is undertaking an innovative plan to use

landfill gas to help power its Horsley Park facility in New South Wales.

CASE STUDY

ANNUAL REPORT 2013-14

35

“As a company, we’ve always had strong focus on energy efficiency,” says Steven Mouzakis, National

Energy and Sustainability Manager at Brickworks. “This has been from an environmental and

financial perspective.”

In 2012, Mr Mouzakis and other Brickworks staff travelled overseas to explore ways to reduce the

amount of natural gas required to fire kilns in the brick-making process. In France and the United

States, the team uncovered the methods of firing kilns using gas produced from landfills.

Decomposing organic materials in landfills produces methane gas. In this new process, methane is

captured and is used as heat to fire kilns.

Austral’s Horsley Park brick-making facility sits next door to Veolia’s landfill. At present, Veolia collects

methane from the landfill and burns it (known as flaring) to ensure it doesn’t escape into the

atmosphere.

With the grant, Austral will pipe this methane into its facility and harness the landfill gas to power

production. The company will replace approximately 50 per cent of its natural gas needs with landfill

gas. Austral believes this will be the only brick kiln in Australia to be currently using this technology,

and the company expects to reduce site-wide carbon emissions intensity by 32 per cent and save

$290,000 in annual energy costs.

Mr Mouzakis said the success of the grant application has prompted other Austral and Brickworks

staff to identify and apply for funding for other projects to reduce energy consumption and

greenhouse gas emissions.

“Given the current economic climate and market conditions, capital spending has been tight at our

company. The Clean Technology Investment Program has enabled us to pursue capital projects that

may otherwise have not gone ahead,” says Mr Mouzakis. “We’ve seen a flurry of additional grant

applications that have been submitted since our success with the landfill gas project.”

For example, Austral also received a $112,029 grant from the Clean Technology Innovation Program to

develop a brick using biomass materials that will generate fewer carbon emissions during

production.

The Clean Technology Innovation Program funding will contribute towards an industrial-scale trial to

manufacture the new brick and test its structural and environmental properties.

With initiatives funded by the grant, Austral Bricks expects to:

• reduce site-wide carbon emission intensity by 32 per cent

• cut annual energy costs by up to $290,000

• replace 50 per cent of its natural gas needs with landfill gas.

CLEAN TECHNOLOGY FOOD AND FOUNDRIES INVESTMENT PROGRAM

36

INNOVATION AUSTRALIA

Clean Technology Food and Foundries Investment Program

OBJECTIVES The policy objective of the Clean Technology Food

and Foundries Investment Program (CTFFIP),

launched on 16 February 2012, was to assist

Australian food and foundry manufacturing

businesses to invest in energy efficient capital

equipment and low emissions technologies,

processes and products in order to maintain the

competitiveness of Australian manufacturing

businesses in a carbon constrained economy.

On 22 October 2013, the programme closed to

new applications. AusIndustry is continuing to

manage the existing funding agreements.

Table 2.7 · Australian Government budget and

expenditure at 30 June 2014 2013-14 ($m) 2014-15 ($m) 2015-16 ($m) 2016-17 ($m)

Budgeta 65.68 34.20 19.10 5.64

Commitmentsb 0.00 40.71 18.57 5.63

Payments made 59.64 0.00 0.00 0.00

a. The CTIP and the CTFFIP are managed through a single budget allocation. The budget figures are reflected in the table for the CTIP.

b. Some Commitments in 2014-15 will be met from the previous year’s allocation

PROGRAMME PERFORMANCE In 2013-14 the CTFFIP received 76 applications

before the programme was formally closed.

Table 2.8 · Clean Technology Food and Foundries

Investment Programme

Applications Received 76

Applications Considered 136

Applications Approved 52

Approved ($m) 21.23

OUTCOMES The outcome of the CTFFIP is leveraged capital

investment in energy efficient and low

emissions technologies, plant and equipment to

reduce carbon emissions intensity, including

through improvements in energy efficiency.

The key performance indicator target for the

2013-14 financial year was 80 per cent of

companies assisted reporting a minimum five

per cent reduction in carbon intensity. Ninety-eight per cent of assisted companies reached

this prescribed reduction.

Table 2.9 · Outcomes of Clean Technology Food

and Foundries Investment Program Programme Clean Technology Food

and Foundries Investment Program

Applications Approved 52

Total project cost ($m) 76.14

CLEAN TECHNOLOGY FOOD AND FOUNDRIES INVESTMENT PROGRAM

37

ANNUAL REPORT 2013-14

GOVERNANCE Ministerial Programme Guidelines and

Programme Directions, issued by the Minister

under the IR&D Act provide the policy and

procedures for administering the CTFFIP.

The Clean Technology Food and Foundries

Investment Committee (CTFFIC), under

Innovation Australia, provided a merit based

assessment for all eligible applications received

under the CTFFIP until it’s closure. Committee

members had a diverse range of experience and

qualifications relevant to assessing applications

from Australian manufacturers, in particular

those from the food and foundries sectors.

Further information about the Committee is

outlined in Section 3 - Governance.

CASE STUDY

INNOVATION AUSTRALIA

38

CASE STUDY:

Bega Cheese Limited - Cooling energy use in cheese production CLEAN TECHNOLOGY FOOD AND FOUNDRIES INVESTMENT PROGRAM

Bega Cheese, an iconic brand, has been

examining ways to reduce energy consumption.

In particular, the company wanted to improve

the efficiency of its refrigeration systems.

Refrigeration is a major element of cheese

production, as it is used to chill the milk when it

arrives in the factory and regulates cool room

temperatures.

With a $219,257 grant from the Australian

Government’s Clean Technology Food and

Foundries Investment Program, Bega is

transforming its refrigeration facilities at two

sites in Bega, New South Wales. The company is

increasing chilled water capacity and installing

variable refrigeration controls to optimise the

pressure in refrigeration systems and reduce the

workload of compressors.

Bega is also introducing suction splitting to

allow different areas of the plant to be

maintained at various temperatures without

losing compressor efficiency.

The company expects to save $147,600 in

annual energy costs from all of these measures

and reduce site-wide carbon emissions by

9.4 per cent at one site and 4.1 per cent

at the other.

“By improving our refrigeration and lighting

arrangements, we’re actively reducing our

carbon footprint,” says Elvis Amair, Bega’s

Manager for Environment and Sustainability.

“Our goal is to use these projects to implement

less energy intensive production processes

across our operations.”

CASE STUDY

ANNUAL REPORT 2013-14

39

CASE STUDY:

Kagome Foods Australia - An energy efficient outcome for tomato processor CLEAN TECHNOLOGY FOOD AND FOUNDRIES INVESTMENT PROGRAM

Kagome Foods Australia (Kagome) is the

nation’s largest tomato processor, with around

200,000 tonnes of tomatoes processed each

year in Victoria’s Goulburn Valley. It grows and

harvests its own tomatoes and supplies a

number of major domestic and international

companies. In recent years, Kagome has been

looking to expand production and fill gaps in

the market.

However, with a high Australian dollar and rising

energy costs, the company needed a lower cost

base to underpin sustainable growth. For

Kagome, energy efficiency is also about being a

good corporate citizen and meeting the

company’s environmental and social

responsibilities.

“To survive we need to remain competitive on a

cost basis, and to boost our scale,” says Paul

Whitford, Kagome General Manager. “But we

can’t just get bigger and not address our cost

structure.”

With close to $2 million in grants from the

Australian Government’s Clean Technology Food

and Foundries Investment Program, Kagome is

working to reduce its energy costs and produce

twice as much output for the same energy

input.

At the centre of Kagome’s plans is the

installation of a $5.4 million mechanical vapour

recompression (MVR) falling film evaporator,

which has been nicknamed ‘Apollo’. Evaporation

is a major - and energy intensive - part of the

company’s production process. While raw

tomatoes are typically 95 per cent water and 5

per cent solid, Kagome needs to evaporate water

levels to around 70 per cent to meet its

customers’ needs.

Under MVR, heat from evaporated vapours is

captured in the same evaporator. This process

means that only a small amount of steam is

required for heating. Steam from the MVR

turbine is also recovered and used in the triple

effect evaporator. The concentrated tomato juice

from the MVR enters the triple effect evaporator,

effectively doubling the output of the existing

triple effect evaporator with a minimal increase

CASE STUDY

INNOVATION AUSTRALIA

40

in energy. As the tomatoes spend less time in

the evaporator, the colour and taste of the final

product is improved.

“Our priority is to reduce our energy

consumption and get the same or increased

output. This will allow us to become more

globally competitive even if the exchange rate

remains high,” Mr Whitford says. “We’re

constantly asking ourselves: how can we operate

as efficiently as possible, and how can we

compete on a global basis.”

Further, by boosting its production capacity,

Kagome can help farmers take greater

advantage of good seasons by buying more of

their produce. The company is a major supporter

of regional employment and contributes $30

million each year to local growers and

businesses.

The company expects to save $560,000 in

annual energy costs from the MVR project, and

reduce site-wide carbon emissions intensity by

20 per cent.

Kagome has received another three grants -

$75,451 to fit economizers and variable speed

drives to two boilers; $27,189 to upgrade existing

lighting with modern LED lights; and $374,950 to

replace two old steam peelers with a modern

energy efficient one.

With initiatives funded by the $1,784,271 MVR

grant, Kagome Foods Australia expects to:

• reduce site-wide carbon emissions intensity

by more than 20 per cent

• save $444,000 in energy costs per year

• double its production capacity

A $75,451 grant to fit economizers and variable

speed drives is expected to:

• reduce site-wide carbon emissions by

9 per cent

• save $120,000 in energy costs per year

A $27,189 grant to upgrade lighting is expected

to:

• reduce carbon emissions from lighting by

69 per cent

• save $11,000 in energy costs per year

A $374,950 grant to replace two old steam

peelers is expected to:

• reduce the carbon emissions intensity of the

steam peeler process by 32 per cent

• save $31,000 in energy costs per year.

CLEAN TECHNOLOGY NNOVATION PROGRAM

41

ANNUAL REPORT 2013-14

Clean Technology Innovation Program

OBJECTIVES The policy objective of the Clean Technology

Innovation Program (CTINNP), launched on

6 July 2012, was to increase applied research and

development, proof-of-concept and early stage

commercialisation activities that lead to the

development of new clean technologies and

associated services including low emission and

energy efficient solutions, that reduce

greenhouse gas emissions.

The programme was a competitive, merit-based

grants programme which provided funding on a

co-investment basis of one dollar of government

funding for each dollar of the applicant’s

investment.

On 22 October 2013, the programme closed to

new applications.

Table 2.10 · Australian Government budget and

expenditure at 30 June 2014 2013-14 ($m) 2014-15 ($m) 2015-16 ($m) 2016-17 ($m)

Budget 20.57 7.48 1.75 0.38

Commitmentsa 0.00 9.63 1.51 0.00

Payments made 17.59 0.00 0.00 0.00

a. Some commitments in 2014-15 will be met from the previous year’s allocation

PROGRAMME PERFORMANCE A total of 28 projects were awarded grant

funding worth $31 million under the programme.

In 2013-14, the CTINNP received 12 applications

and offered $9 million in grant funding to

11 projects with a total project cost of $18.21

million across a wide range of industry sectors

before the programme was formally closed.

AusIndustry will continue to manage existing

funding agreements and will work with CTINNP

grant recipients throughout the post project

reporting phase, which ends in 2017-18.

Table 2.11 · Clean Technology Innovation

Program Performance 2013-14

Applications Received 12

Applications Considered 2023

Applications Approved 11

Approved ($m) 9.0

OUTCOMES The CTINNP outcome will be increased

innovative solutions for Australian industry to

improve competitiveness and sustainability in

the transition to a carbon constrained economy.

This will be achieved by developing a range of

clean technologies and associated services.

Five projects were completed in the 2013-14

financial year. One hundred per cent of these

projects were found to be successful or partially

successful. All are progressing towards

commercialisation.

CLEAN TECHNOLOGY INNOVATION PROGRAM

42

INNOVATION AUSTRALIA

GOVERNANCE Ministerial Programme Guidelines and

Programme Directions, issued by the Minister

under the IR&D Act provide the policy and

procedures for administering the CTINNP.

Under Innovation Australia, the Clean

Technology Innovation Committee (CTINNC)

provided a merit assessment for all eligible

applications received under the CTINNP until its

closure. Committee members had a diverse

range of experience and qualifications relevant

to assessing applications from Australian

innovators and companies.

Further information about the Committee is

outlined in Section 3 - Corporate Governance.

CASE STUDY

ANNUAL REPORT 2013-14

43

CASE STUDY:

Definium Technologies Pty Ltd CLEAN TECHNOLOGY INNOVATION PROGRAM

Definium Technologies Pty Ltd (Definium)

received funding of $134,134 from the Clean

Technology Innovation Program to develop an

affordable energy monitoring and management

system (known as the Mediator) for commercial

buildings and facilities.

The Mediator, when fully developed, will allow

owners or users of commercial buildings or

facilities to monitor and control separate

systems in a building and better understand and

identify their energy usage. Definium advised

that development of its ‘Mediator’ hardware has

been completed and has undergone

approximately six months of testing in Australia

and in the United States. During this testing the

unit was performing energy data acquisition,

logging and building control functions.

Definium reported a significant commercial

breakthrough with Google ordering 25 units for

use at their Mountain View, California facility in

the United States. Google is already trialling

several units with the view to integrate the

Mediator system with existing building

automation systems.

Facility Solutions Group (FSG), a large United

States systems integrator has also ordered 100

units for proof-of-concept evaluation. Definium

reports that just one of FSG’s customers has

10,000 sites and that there is the potential to

roll out the Mediator system to 1200 locations

throughout the United States in 2016. Both of

these customers are the result of the strategic

partnership with Riptide I/O Inc., a Santa

Barbara, California based energy and building

company.

Definium has also reported positive news on the

commercial progress in domestic markets. Work

has begun on the first local energy monitoring

pilot site at the Centrelink building in

Launceston. Two other pilot sites with a

significant aged care provider will be rolled out

in Launceston and Hobart this quarter. Definium

is also negotiating a national distribution

agreement with Energencio Pty Ltd for the

distribution of Definium’s products in the areas

of building and solar energy management.

CASE STUDY

INNOVATION AUSTRALIA

44

CASE STUDY:

Saturn South Pty Ltd CLEAN TECHNOLOGY INNOVATION PROGRAM

Saturn South Pty Ltd received Clean Technology

Innovation Program funding of $115,923 to

demonstrate the viability of demand

management technologies in remote

communities.

Project activities were conducted on King Island

as part of the renewable energy integration

project being operated by Hydro Tasmania. This

project was completed in June 2014 with

demand management services being

successfully delivered on the island. To date the

maximum available capacity controlled by the

smart grid system has been 95kW across 100

individual sites. Project contact Tim Warren is

pictured with a box of the gateways ready for

shipping to King Island.

The customer reports development of a three

phase meter has progressed well, with the first

prototype assembled in early May 2013. Saturn

South has advised converting from a single

phase product to a three phase product required

a substantial rewrite of the metrology software.

This body of work was close to completion when

their progress report was submitted.

Saturn South also advise there are ongoing

discussions with Power and Water Corporation

in Darwin in regards to integrating Saturn South

technology into power management systems

for the ‘Daly River’ solar power project which

would see diesel generators displaced for solar

generated electricity.

CASE STUDY

ANNUAL REPORT 2013-14

45

CASE STUDY:

River Power Tasmania Pty Ltd CLEAN TECHNOLOGY INNOVATION PROGRAM

River Power Tasmania Pty Ltd (River Power)

received Clean Technology Innovation Program

funding of $679,874 to undertake commercial

scale testing and proof-of-concept activities for

new technologies specific for small-scale, run-of-river hydroelectric generation.

Over the last 16 months River Power have

constructed a scheme incorporating these new

technologies and is currently evaluating all the

installed innovations in a real-life operational

situation, whilst at the same time supplying the

energy needs of over 400 residences in the local

area.

Running in synchrony with the free-flowing river

on which is installed, the scheme is a model for

modern, efficient and environmentally friendly

mini-hydro power generation.

INNOVATION INVESTMENT FUND

46

INNOVATION AUSTRALIA

Innovation Investment Fund

ESTABLISHMENT The Innovation Investment Fund (IIF) programme

was established in 1997 to promote the

development of an Australian venture capital

market. The Australian Government co invests

with private sector investors in IIF funds to

invest in promising early stage, technology-based companies commercialising Australian

research. By demonstrating the returns

achievable from investing in such investee

companies, the IIF programme aims to

encourage private sector investors to take a

more active role supporting Australian

innovation.

There have been three rounds of the IIF

programme. Five funds were established in 1998

under Round 1, four funds in 2001 under Round 2

and eight funds were established under Round 3.

The Australian Government committed

$220.7 million for Rounds 1 and 2, with private

sector investors bringing total funding for the

two rounds to $354 million. The Australian

Government committed $180 million for Round 3

of the IIF programme, which was matched by a

total of $190 million from private investors.

All profits returned to the Australian

Government from the IIF are returned to the

IIF Revolving Fund. The Revolving Fund was

initially established on 15 March 2000 as a

mechanism to reinvest distributions from a

select group of fund managers. As a result of a

2012 Government decision all IIF programme

returns became eligible for crediting the

Revolving Fund. In May 2014 the balance of the

Revolving Fund was appropriated to

consolidated revenue as a savings measure for

the 2014-15 Budget.

OBJECTIVES The objectives of the IIF programme Round 3 are:

• to develop fund managers with experience in

the early stage venture capital industry;

• by addressing capital and management

constraints, to encourage the development of

new companies which are commercialising

research and development;

• in the medium term a “revolving” or self-funding scheme; and

• to develop a self-sustaining Australian early

stage, venture capital market.

Table 2.12 · IIF Australian Government budget

and expenditure at 30 June 2014 2013-14 ($m) 2014-15 ($m) 2015-16($m) 2016-17 ($m)

Budget 85.33 72.19 13.282 8.842

Commitments 43.79 66.64 15.00 10.74

Payments made

22.361 0.00 0.00 0.00

1. The ‘Payments made’ figure includes management fees and recoverable expenses.

2. Commitments in future years will be met from the rollover of previous years’ unutilised funding.

PROGRAMME PERFORMANCE For 2013-14, total capital of $43.79 million was

invested into 35 companies, of which $21.75

million was drawn from the Australian

Government. Nine of the 35 companies were

new investee companies to the IIF in 2013-14.

INNOVATION INVESTMENT FUND

47

ANNUAL REPORT 2013-14

For 2013-14, the Australian Government

received returns of $0.32 million. As at

30 June 2013, total IFF returns were $481.17

million, of which the Australian Government

has received $157.02 million.

One Round 1 fund continues with its one

remaining investee and another fund is

terminated and under the management of a

trustee. All IIF Round 2 funds have wound up.

AusIndustry commissions independent wind-up

compliance audits for all terminating funds.

OUTCOMES The IIF programme has contributed to the

commercialisation of Australian R&D, with

investee companies bringing new products,

services and processes to both the Australian

and international markets. The program has also

supported the growth of competitive firms.

Since the inception of the programme, outcomes

achieved include:

• private capital of $323.30 million has been

raised;

• 138 individual investee companies have

received investment; and

• 110 professional venture capital managers

have been engaged during the life of the

programme.

During 2013-14, two investee companies were

fully divested.

Investee case studies are provided in the

publication Innovation, Investment and Venture

Capital and can be viewed at http://www.

business.gov.au/grants-and-assistance/venture-capital/InvestmentInnovationVentureCapital/

Pages/default.aspx

Nine of the seventeen IIF fund managers have

raised other venture capital or private equity

funds, contributing to the development of the

venture capital industry in Australia. Generally,

these funds invest in a broader range of

investments than their IIF funds.

SUPPORT PROVIDED TO CUSTOMERS Investee companies eligible for investment by IIF

fund managers must, amongst other things:

• be commercialising Australian research and

development;

• have a majority of its employees (by number)

and assets (by value) inside Australia at the

time the licensed fund first invests in the

company; and

• have an annual revenue over the past two

years of income that does not exceed

$5 million per year.

Investee companies supported must also be at

the seed, start-up or early expansion stage of

their development.

GOVERNANCE Innovation Australia oversees the operation of

the IIF programme, assisted by AusIndustry. For

IIF Rounds 1 and 2 and the PSF and REEF

programs, the Australian Government

established five wholly-owned companies (IIF

Companies) which operate under the legislative

framework set by the Corporations Act 2001 and

the Commonwealth Authorities and Companies

Act 1997 (CAC Act).

To achieve compliance with the Uhrig Review

principles, Round 3 of the IIF programme is now

administered by the Department. As a result the

Australian Government has invested directly

into the licensed funds. This direct investment

approach was also adopted for the Innovation

Investment Follow-on Fund programme.

Only one of the original five IIF companies

(IIF Investments Pty Ltd) remains and its

operational details are described in a separate

annual report, the IIF Investments Pty Ltd Annual

Report 2013-14.

CASE STUDY

INNOVATION AUSTRALIA

48

CASE STUDY:

Smart Sparrow - Smart Sparrow’s smart $10m move to the US INNOVATION INVESTMENT FUND

In March 2014, Sydney-based education start-up

Smart Sparrow announced a $10 million capital

injection to fund its expansion into the United

States. To help meet the increasing demand

among universities for rich, interactive and

adaptive content, the company will open offices

in Boston and San Francisco, with the team

operating out of Austrade’s Runway facility.

Originating at the University of NSW, the

company’s e-learning software is adaptive,

meaning it responds to the learner in a richer

way and leads them toward an understanding

of the course material. The software allows

individual academics to create their own

material and develop engaging content while

preserving academic control.

The $10 million funding round is led by London-based Yellow Brick Capital, joining Smart

Sparrow’s existing investors OneVentures and

Uniseed. Licensed under the Australian

Government’s Innovation Investment Fund

programme and Early Stage Venture Capital

Limited Partnerships (ESVCLP) programme,

OneVentures has supported the company since

2011. Yellow Brick Capital is an example of how

Government assistance is working to attract

further international investment opportunities

for Australian technologies to go global.

“Yellow Brick Capital were attracted to Smart

Sparrow because of both their strong interest in

the Education Technology sector and the Israeli

Australia connection via the founder, Dr Dror

Ben-Naim. OneVentures supported the company

in negotiating the terms of the deal and by

negotiating and managing the documentation

of the transaction on behalf of existing

shareholders of the company. The investment

has provided capital to drive the US market

entry and an uplift in value for existing

shareholders. Yellow Brick Capital are proving

their value as partners in this investment and

we are delighted to have their involvement” said

Dr Michelle Deaker, Managing Partner,

OneVentures Innovation Fund.

Smart Sparrow’s Adaptive eLearning Platform is

already used by academics from more than 400

educational institutions worldwide.

EARLY STAGE VENTURE CAPITAL LIMITED PARTNERSHIPS

49

ANNUAL REPORT 2013-14

Early Stage Venture Capital Limited Partnerships

ESTABLISHMENT Early Stage Venture Capital Limited Partnerships

(ESVCLP) was established in June 2007 under the

Venture Capital Act 2002 and amendments to

the Income Tax Assessment Act 1997 and the

Income Tax Assessment Act 1936.

The ESVCLP limited partnership structure is a

specialised investment vehicle for fund

managers seeking to raise venture capital to

make early stage investments in Australian

businesses. ESVCLPs can only make investments

as provided for under the legislation. Broadly,

these are new equity investments in companies

or unit trusts with total assets of not more than

$50 million that do not have property

development or financial services as their

predominant activity.

An ESVCLP must also divest itself of any holdings

once the total assets of the investee exceed $250

million. An ESVCLP must have an approved

investment plan with committed capital of at

least $10 million and not more than $100 million.

ESVCLP is an investment vehicle providing flow-through tax treatment for investors and a

complete tax exemption for income (both

revenue and capital) received by its domestic

and foreign partners. The ESVCLP programme is

a replacement to the Pooled Development Funds

(PDF) programme. Existing registered PDFs

continue to operate and are entitled to

concessional tax treatment as provided for

under the Pooled Development Funds Act 1992.

OBJECTIVES The ESVCLP programme is designed to stimulate

the Australian venture capital sector and

investment into early stage companies. This is

achieved by:

• increasing the pool of capital available for

investment (from both domestic and foreign

sources) in the Australian venture capital

sector through providing a tax exemption to

investors; and

• encouraging investment in startup

enterprises with a view to commercialisation

of activity and company growth.

PROGRAMME PERFORMANCE As at 30 June 2014 there were 15 (including seven

conditionally registered) ESVCLPs registered. Of

the $324 million committed to registered

ESVCLPs, $160 million is from funds also licensed

under the IIF programme (Australian

Government and private investor co-investment

funds).

Since the programme’s inception in 2007,

$85.3 million has been invested by ESVCLPs in

74 eligible Australian businesses including

$37 million in 51 businesses during 2013-14.

SUPPORT PROVIDED TO CUSTOMERS The ESVCLP programme uses the incorporated

limited partnership structure and offers a

complete tax exemption to both domestic and

foreign investors on returns made from early

stage venture capital investments.

EARLY STAGE VENTURE CAPITAL LIMITED PARTNERSHIPS

50

INNOVATION AUSTRALIA

GOVERNANCE The ESVCLP programme is jointly administered

by Innovation Australia, supported by

AusIndustry and the ATO. ESVCLPs are required

to operate in accordance with the Venture

Capital Act 2002 (VC Act) and the relevant

Income Tax Assessment Acts.

AusIndustry is responsible for registration and

monitors compliance. The ATO provides the

taxation concession for partners registered

under the programme. Both AusIndustry and the

ATO review ESVCLP activity reports for

compliance.

VENTURE CAPITAL LIMITED PARTNERSHIPS

51

ANNUAL REPORT 2013-14

Venture Capital Limited Partnerships

ESTABLISHMENT The Venture Capital Limited Partnerships (VCLP)

programme was established in December 2002

under the Venture Capital Act 2002 and

amendments to the Income Tax Assessment Act

1997 and the Income Tax Assessment Act 1936.

Fund managers seeking to raise venture capital

to make investments in Australian businesses

with total assets up to $250 million can apply to

register the fund as a VCLP.

In order to be registered as a VCLP the fund is

required to meet a number of registration

requirements outlined in the VC Act. Amongst

these requirements a fund must have an

appropriate investment plan and be structured

as an incorporated limited partnership with

committed capital of at least $10 million. VCLP

registration entitles a fund to flow-through tax

treatment (the fund is not a taxing point).

Further, a fund’s eligible foreign investors receive

a capital gains tax exemption for their share of

the fund’s gains from eligible investments. The

fund’s other investors have their share of the

fund’s gains taxed in their hands.

VCLPs can only make eligible investments as

defined by the VC Act and the relevant Income

Tax Assessment Acts. Broadly these are equity

investments in companies or unit trusts with

total assets of not more than $250 million that

do not have property development or financial

services as their predominant activity.

The VC Act also provides for two other types of

registration:

• Australian Venture Capital Fund of Funds:

for an Australian resident general partner,

registration is available for a specific limited

partnership investment vehicle as an

Australian Venture Capital Fund of Funds in

accordance with Section 9-5 of the VC Act.

Such funds can only make investments in a

VCLP or an ESVCLP or invest in a company in

which a VCLP or and ESVCLP is a limited

partner. To date, one Australian Venture Capital

Fund of Funds has been registered.

• Eligible Venture Capital Investor: for tax-exempt foreign residents, registration is

available as an Eligible Venture Capital Investor

in accordance with Part 3 of the VC Act.

Registration allows the entity to make direct

investments and disregard any gain made on

disposal of an eligible venture capital

investment. To date, one Eligible Venture

Capital Investor has been registered.

OBJECTIVES The VCLP programme is designed to stimulate

the Australian venture capital industry by

providing incentives for increased foreign

investment which will support patient equity

capital investments in relatively high-risk

startup and growth businesses which would

otherwise have difficulty in attracting

investment through normal commercial means.

VENTURE CAPITAL LIMITED PARTNERSHIPS

52

INNOVATION AUSTRALIA

PROGRAMME PERFORMANCE As at 30 June 2014, there were 43 registered

VCLPs (including four conditionally registered)

with approximately $5.4 billion in committed

capital, of which approximately 41 per cent is

sourced from overseas investors.

Since the programme’s inception, $2.8 billion has

been invested by VCLPs in eligible Australian

businesses, including $251 million invested in

61 businesses during 2013-14.

OUTCOMES In 2013-14, VCLPs made 99 deals with

$251 million invested in 61 businesses. Twenty-six

deals were initial investments and 73 were

follow-on investments. The number of deals

decreased slightly compared to the previous

year’s total of 131. However, the amount invested

during the year increased on the $218 million

recorded in the previous year.

DIVESTMENTS Sixteen VCLPs reported 20 divestments during

2013-14, realising $670 million from investments

that cost $171 million for a capital gain of

$499 million. This is an increase compared to the

previous year where 21 divestments were

reported with a capital gain of $189 million.

SUPPORT PROVIDED TO CUSTOMERS A VCLP receives flow-through tax treatment -

that is, the fund is not a taxing point. Eligible

foreign investors in a VCLP are exempt from

income tax on profits or gains derived from the

sale of eligible investments by the VCLP. For

other investors their share of the VCLP gains is

taxed in their hands. The general partner of a

VCLP has its share of the gains made by the VCLP

on the sale of eligible investments (the carried

interest) taxed as a capital gain.

GOVERNANCE The VCLP programme is jointly administered by

Innovation Australia, supported by AusIndustry

and the ATO. VCLPs are required to operate in

accordance with the VC Act and the relevant

Income Tax Assessment Acts.

AusIndustry is responsible for registration

purposes and monitors compliance. The ATO

provides the tax concession for partners

registered under the programme. AusIndustry

and the ATO review VCLP activity reports for

compliance.

MONITORING OUR PROGRAMMES

53

ANNUAL REPORT 2013-14

Monitoring our Programmes

Innovation Australia and its committees monitor ongoing projects

under the following programmes which are now closed to applications:

• Climate Ready

• Commercialising Emerging Technologies (COMET)

• Commercial Ready

• Green Car Innovation Fund (GCIF)

• Innovation Investment Follow-on Fund (IIFF)

• Pre-Seed Fund (PSF)

• Pooled Development Funds (PDFs)

• Renewable Energy Development Initiative (REDI)

• R&D Start

CLIMATE READY

54

INNOVATION AUSTRALIA

Climate Ready

OBJECTIVES The Climate Ready programme was an element

of the $240 million Clean Business Australia

initiative, announced by the Australian

Government in its 2008-09 budget statement,

to support innovation projects that address the

impacts of climate change.

The objectives of the Climate Ready programme

were to:

• support the international competitiveness of

Australian industry by encouraging innovation

through increasing research and development

(R&D), proof of concept and early-stage

commercialisation that addressed the effects

of climate change; and

• generate national benefit for the Australian

economy and wider community, through

support for the development and

commercialisation of new products, processes

or services that addressed the effects of

climate change.

Table 2.13 · Australian Government budget and

expenditure at 30 June 2014

2013-14 ($m) 2014-15 ($m) 2015-16 ($m)

Budget1 0.00 0.00 0.00

Commitments 0.04 0.00 0.00

Payments made 0.04 0.00 0.00

1. Climate Ready payments in 2012-13 and future commitments are being met from the previous year’s budget

PROGRAMME PERFORMANCE Climate Ready was a competitive grants

programme which aimed to support the

development and commercialisation of

innovative products, processes and services that

addressed the effects of climate change. The

programme offered grants on a matching

funding basis providing up to 50 cents for each

dollar spent on eligible research and

development, proof-of-concept and early stage

commercialisation activities.

The programme targeted small and medium

sized businesses, offering two types of grants -

small ($50,000 to $500,000) and large ($500,001

to $5 million). The small grants supported small

business, as well as companies controlled by

universities and public sector research

organisations.

Climate Ready opened for applications on

28 July 2008 and closed on 30 June 2012. A total

of 102 projects were awarded $75.95 million in

grant funding through the four funding rounds.

The final project payment was made in 2013-14.

AusIndustry will continue to work with Climate

Ready grant recipients during the post project

reporting phase, which ends in 2016-17.

CLIMATE READY

55

ANNUAL REPORT 2013-14

OUTCOMES Supported projects addressed the effects of

climate change through measures that:

• demonstrated economic viability;

• developed/improved product, service or

intellectual property;

• reduced emissions;

• reduced energy use;

• reduced pollutants other than emissions;

water saving measures; and

• weight saving resulting in emission reduction.

The majority of projects (60 per cent) focused on

climate change mitigation efforts, 15 per cent

focused on climate change adaptation and

23 per cent involved both mitigation and

adaptation.

One project was completed in the 2013-14

financial year. This project was found to be

technically successful and progressing towards

commercialisation.

COMMERCIALISING EMERGING TECHNOLOGIES

56

INNOVATION AUSTRALIA

Commercialising Emerging Technologies

OBJECTIVES The Commercialising Emerging Technologies

(COMET) programme was a merit-based

assistance programme which provided tailored

support to early growth companies, individuals

and spin-off companies to help commercialise

their technology based enterprises. The

programme commenced in November 1999 and

closed to new applications on 1 January 2010.

COMET was delivered by AusIndustry and

supported by a network of private sector

consultant business advisers located across

Australia.

The objectives of the COMET programme were

to:

• increase Australia’s sustainable economic

growth through stimulating the successful

commercialisation of Australian innovations;

and

• build sustainable and high growth firms by

increasing prospects for successful

commercialisation of innovations through the

attraction of capital and partners.

Table 2.14 · Australian Government budget and

expenditure at 30 June 2014 2013-14 ($m) 2014-15 ($m) 2015-16 ($m)

Budget1 0.00 0.00 0.00

Commitments 0.00 0.01 0.00

Payments made 0.00 0.00 0.00

1. COMET payments in 2013-14 and future commitments will be met from the previous year’s budget

PROGRAMME PERFORMANCE AND OUTCOMES COMET assisted customers to achieve 5,266

commercialisation outcomes including 2,807

alliances, licences and agreements and 1,048

manufacturing commencements and product or

service launches.

The programme awarded $117.79 million to 1,764

customers and raised approximately $714 million

in private capital. This equates to $6.50 in private

capital raised for every dollar of Australian

Government assistance.

COMMERCIAL READY

57

ANNUAL REPORT 2013-14

Commercial Ready

OBJECTIVES The Commercial Ready programme was

announced in May 2004 as part of the

Australian Government’s Backing Australia’s

Ability - Building Our Future through Science and

Innovation package.

In May 2007, the Australian Government

announced Commercial Ready Plus, a funding

stream specifically intended to provide small

grants, between $50,000 and $250,000 to small

and emerging spin off companies.

The programme closed to new applications as a

result of the Australian Government’s 2008

Budget announcement.

The objectives of the Commercial Ready

programme were to:

• support the international competitiveness of

Australian industry by encouraging innovation

through increasing the level of research and

development, proof-of-concept and early

stage commercialisation activities undertaken

by Australian companies; and

• generate national benefit for the Australian

economy and wider community, including for

example, through increasing productivity,

supporting collaboration and developing

Australia’s skills base.

PROGRAMME PERFORMANCE AND OUTCOMES Commercial Ready offered grants on a matching

funds basis from $50,000 up to a maximum of

$5 million to undertake research and

development, proof-of-concept and early stage

commercialisation activities.

Financial assistance was awarded to 524 projects

across a wide range of industry sectors, worth a

total of $493.72 million. A total of 513 projects

were completed with 81 per cent considered to

be technically successful with results to be

commercialised. All Commercial Ready

customers have completed their projects.

AusIndustry will continue to work with

Commercial Ready customers during the post

project reporting phase which goes to 2015-16.

GREEN CAR INNOVATION FUND

58

INNOVATION AUSTRALIA

Green Car Innovation Fund

OBJECTIVES The Green Car Innovation Fund (GCIF) was

introduced to enhance the research and

development and commercialisation of

Australian technologies that significantly reduce

fuel consumption and/or greenhouse gas

emissions of passenger motor vehicles.

Table 2.15 · Australian Government budget and

expenditure at 30 June 2014 2013-14 ($m) 2014-15 ($m) 2015-16 ($m)

Budget 5.95 0.17 0.00

Commitments 0.00 0.17 0.00

Payments made1 3.08 0.00 0.00

1. Some GCIF payments in 2013-14 were met from the previous year’s budget

PROGRAMME PERFORMANCE The GCIF publicly opened to applications on

24 April 2009, and was closed on 27 January 2011.

As at 30 June 2014, the GCIF had committed

funding of $350.96 million to Australian

companies.

OUTCOMES In all, funding agreements were entered into for

17 projects. Successful projects include the

production of hybrid or fuel-efficient vehicles,

development of a carbon fibre wheel and

building lighter car components.

For example, Hirotec Australia Pty Ltd received a

$1.67 million grant to introduce and refine

technologies for manufacturing lighter

automotive components, in particular

aluminium alloy hood and deck lids. The light-weight materials have resulted in overall vehicle

weight reduction with corresponding reductions

in greenhouse gas emissions.

AusIndustry will continue to work with the

remaining two grant recipients with active

projects during 2014-15 and ensure all post

project reporting obligations are met.

INNOVATION INVESTMENT FOLLOW-ON FUND

59

ANNUAL REPORT 2013-14

Innovation Investment Follow-on Fund

OBJECTIVES On 18 March 2009, the Australian Government

announced the Innovation Investment Follow-on

Fund (IIFF) programme to provide funding to

selected early stage startup companies.

The IIFF programme is a temporary and targeted

programme in response to the impact of the

global financial crisis on the availability of

venture capital funding to early stage

companies commercialising Australian research.

The $64 million fund enabled selected

companies with high potential to continue to

develop and commercialise research.

The IIFF programme operated for three years

with the possibility of extension for an

additional two years for the orderly divestment

of the investment portfolio. No investments

were allowed during this two year period.

PROGRAMME PERFORMANCE During 2013-14, $0.08 million was drawn down

for IIFF managers’ recoverable expenses. No

investments were made during the year as these

funds can no longer call capital for investment.

To date the total IIFF programme funding is

$61.47 million (including $61.07 million in

investments and $0.40 million in recoverable

expenses).

OUTCOMES Returns for 2013-14 were $4.49 million, all of

which was returned to the IIF Revolving Fund. As

at 30 June 2014, a total of $28.52 million had

been returned, of which the Australian

Government share was $27.33 million. Five of the

eleven IIFF funds have wound up; the other six

funds were extended to August 2014 (the

maximum allowable under the programme).

Three of these have executed put options to

allow the windup of the funds and the orderly

disposal of their remaining IIFF assets beyond

August 2014. The remaining three funds are

winding up.

POOLED DEVELOPMENT FUNDS

60

INNOVATION AUSTRALIA

Pooled Development Funds

OBJECTIVES The Pooled Development Funds (PDF) programme

was aimed at stimulating Australia’s venture

capital sector and increasing the pool of venture

capital available to fund the growth of small and

medium sized Australian companies.

The PDF programme commenced on 30 June 1992

and operates subject to the Pooled Development

Funds Act 1992, the Pooled Development Funds

Regulations 1992, and both the Income Tax

Assessment Act 1936 and 1997, and the Income

Tax Rates Act 1986. The PDF programme was

closed to new registrations on 21 June 2007 at

the time that the Government announced the

establishment of the ESVCLP programme.

PROGRAMME PERFORMANCE Since the PDF programme began in 1992 over

$1.18 billion in new capital has been raised. Of

this, over $965 million has been invested in

712 eligible Australian businesses.

As at 30 June 2014, there remained 27 PDFs

registered under the programme.

OUTCOMES PDFs provide annual returns four months after

the preceding financial year (i.e. by 31 October).

The following outcomes are taken from PDF

reports which only relate to performance up to

2012-13. The 2013-14 PDF performance will be

assessed after all of the PDF annual returns have

been received in November 2014.

During 2012-13, PDFs reported investments of

$4.1 million which included 3 initial investments.

There were 28 full and partial divestments which

realised a total of $22.3 million. PDFs also reported

a total portfolio value of over $71.5 million at

30 June 2013.

PRE-SEED FUND

61

ANNUAL REPORT 2013-14

Pre-Seed Fund

OBJECTIVES The Pre-Seed Fund (PSF) programme was

introduced in 2001 to increase the

commercialisation of promising research

opportunities within Australian universities,

Cooperative Research Centres (CRCs) and

Australian public sector research agencies.

The PSF programme is a $104.11 million

programme with $72.70 million of equity

co-investment capital from the Australian

Government and $31.41 million from private

investors.

As at 30 June 2014, PSF funds have drawn

$99.47 million of which the Australian

Government contribution is $69.47 million.

PROGRAMME PERFORMANCE Of the four funds established under the

programme, one fund manager has wound up

while the three remaining fund managers have

exercised the option to extend their funds for up

to a further three years to 2015 for the orderly

realisation of assets and wind-up.

In 2013-14, $0.05 million was invested into one

company, of which $0.04 million was drawn

from the Australian Government.

At 30 June 2014 the total returned to the

Australian Government was $1.15 million.

OUTCOMES Since the inception of the programme, outcomes

achieved include:

• $31.41 million of private capital was raised for

early stage commercialisation;

• 71 projects and companies have received

investment;

• 2,530 investment proposals were reviewed by

the fund managers; and

• 21 professional venture capital managers have

been engaged during the life of the

programme.

RENEWABLE ENERGY DEVELOPMENT INITIATIVE

62

INNOVATION AUSTRALIA

Renewable Energy Development Initiative

OBJECTIVES The Renewable Energy Development Initiative

(REDI) was announced on 15 June 2004 as part of

the Australian Government’s white paper,

Securing Australia’s Energy Future - Renewable

Energy Development Initiative. The programme

offered grants from $50,000 to $5 million on a

matching funds basis.

REDI closed to new applications in May 2008 as

a result of the Australian Government’s 2008

Budget announcement.

The objectives of the REDI programme were to:

• support the development of new renewable

energy technology products, processes and

services that had strong early stage

commercialisation and emission reduction

potential;

• support the international competitiveness of

Australian industry by encouraging innovation

through increasing the level of research and

development activities, proof-of-concept and/

or early stage commercialisation activities

undertaken by Australian companies; and

• generate national benefits for the Australian

economy and wider community, including for

example, through increasing productivity,

supporting collaboration and developing

Australia’s skills base.

PROGRAMME PERFORMANCE AND OUTCOMES REDI provided financial assistance to 29 projects,

totalling $65.83 million. Successful projects were

representative across the renewable energy

sector: including bio-energy (31 per cent of

supported projects) and solar (27 per cent of

supported projects). Sixty-seven per cent of

projects were considered to have had successful

outcomes. All REDI customers have completed

their projects.

AusIndustry will continue to work with REDI

customers during the post project reporting

phase which goes to 2015-16.

R & D START

63

ANNUAL REPORT 2013-14

R&D Start

OBJECTIVES The R&D Start programme was announced in

the Australian Government’s 1996 Budget as a

four year, $520 million competitive grants and

loans programme where successful applicants

would receive 50 cents in the dollar to undertake

research and development and the

commercialisation of technical innovations.

The programme closed to new applications in

September 2004 and was absorbed into the

Commercial Ready programme.

The objectives of the R&D Start programme

were to:

• increase the number of projects involving

research and development activities with a

high commercial potential undertaken by

companies;

• foster greater commercialisation of the

outcomes;

• foster collaborative research and development

activities in industry and between industry

and research institutions;

• encourage successful innovation in small

companies by supporting commercialisation

of internationally competitive products,

processes and services;

• increase the level of research and

development activity in Australia that was

commercialised, in a manner that would

benefit the Australian economy; and

• increase the level of research and

development conducted that provided

national benefit.

PROGRAMME PERFORMANCE AND OUTCOMES R&D Start provided funding of $1,365.37 million

to 1,385 projects across a wide range of industry

sectors.

• R&D Start grants funded 1,262 projects to the

value of $1,292.79 million; and

• R&D Start loans funded 121 projects to the

value of $72.59 million.

Seventy-eight per cent of the 1,264 grant

projects supported were successful, with results

commercialised or expected to be

commercialised. All R&D Start grant projects

have now been completed. At the end of the

2013-14 financial year, there were seven active

R&D Start loans still remaining in the

programme.

AusIndustry will continue to work with

R&D Start customers during the post project

reporting phase, which goes to 2014-15.

64

INNOVATION AUSTRALIA · ANNUAL REPORT 2013-14

Section 3 governance

GOVERNANCE

66

INNOVATION AUSTRALIA

Innovation Australia Board

Innovation Australia is an independent statutory

body established to assist with the

administration of the Australian Government’s

industry research and development, and venture

capital programmes. Through these initiatives,

Innovation Australia seeks to increase and

support the level of investment and technology

based activity in Australian industry and to

improve the commercial success of businesses in

Australia.

Established on 27 September 2007, Innovation

Australia is an amalgamation of the former

Industry Research and Development (IR&D)

Board originally established in 1986 and the

Venture Capital Registration (VCR) Board

(formerly known as the Pooled Development

Funds Registration Board). On its establishment,

Innovation Australia assumed the roles,

responsibilities and powers of the two former

Boards and, as such, it carries responsibility for

past decisions taken by the former Boards.

In 2013-14 Innovation Australia reported to the

Minister for Industry.

LEGISLATION Innovation Australia operates under the

auspices of the Industry Research and

Development Act 1986 (IR&D Act). The aim of the

IR&D Act is to promote the development, and

improve the efficiency and international

competitiveness, of Australian industry by

encouraging research and development,

innovation and venture capital activities.

The IR&D Act was amended in September 2007

by the Tax Laws Amendment (2007 Measures

No.5) Act 2007, which established Innovation

Australia and thereby consolidated the

administration and oversight of the

government’s innovation and venture capital

programmes as prescribed in the IR&D Act, the

Pooled Development Funds Act 1992 (PDF Act)

and the Venture Capital Act 2002 (VC Act).

Innovation Australia also advises government on

income tax law (Income Tax Assessment Act 1936

and the Income Tax Assessment Act 1997) as they

operate in relation to those Acts.

FINANCIAL RESPONSIBILITIES OF INNOVATION AUSTRALIA UNDER THE INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986 Amendments were made to the IR&D Act with

effect from 11 September 2004 to remove

ambiguity between the Financial Management

and Accountability Act 1997 and the IR&D Act.

The amendments removed prospectively the

powers of Innovation Australia to commit,

approve or recommend expenditure of

Australian Government funds and further

safeguarded members from any personal

liability stemming from Innovation Australia

membership.

Innovation Australia therefore retains

financial responsibilities for all grant, loan and

licence agreements which were in place at

10 September 2004. This approach, while

avoiding the need to amend existing

programme documentation (including

agreements), has nonetheless complicated

Innovation Australia’s working environment

requiring two operational models until all

existing agreements are concluded. In the case

of the now closed R&D Start programme,

contractual obligations may run until 2014-15.

GOVERNANCE

67

ANNUAL REPORT 2013-14

FUNCTIONS Innovation Australia’s functions are set out in

the IR&D Act and associated Ministerial

Directions. The functions include:

• administering and monitoring aspects of the

R&D Tax Concession and the R&D Tax Incentive

programmes;

• administering the Commercialisation Australia

programme, the Clean Technology Investment

Program, the Clean Technology Food and

Foundries Investment Program, the Clean

Technology Innovation Program, the

Innovation Investment Fund, the Pre-Seed Fund,

the Commercial Ready and Commercial Ready

Plus programmes, the Climate Ready

programme, the Renewable Energy

Development Initiative, the Re-Tooling for

Climate Change programme and the Green

Car Innovation Fund and the R&D Start

programme;

• registering, monitoring and revoking the

registration of Pooled Development Funds,

Venture Capital Entities, Venture Capital

Limited Partnerships, Australian Venture Capital

Funds of Funds, Eligible Venture Capital

Investors, Early Stage Venture Capital Limited

Partnerships, the Innovation Investment

Follow-on Fund and making determinations in

relation to these entities; and

• advising the Minister about the operation of

the IR&D Act, the PDF Act and the VC Act, and

the Commonwealth’s income tax laws as they

operate in relation to those Acts.

ADDITIONAL FUNCTIONS Ministerial Directions last issued by the then

Minister for Industry and Innovation on

4 November 2009 directs Innovation Australia to

carry out the following activities:

• study industry research and development,

innovation and venture capital, and provide

advice to the Minister;

• promote and market industry innovation

activities, programmes, and benefits by acting

as Ambassadors for industry innovation;

• collect and analyse data on industry research

and development, innovation and venture

capital programmes for which the Board has

an administrative responsibility, including the

extent to which programmes are meeting

their objectives, and advise the Minister of

outcomes;

• monitor the administration, delivery and

performance of industry research and

development, innovation and venture capital

programmes for which Innovation Australia

has an administrative responsibility, and

advise the Minister of outcomes;

• maintain the effectiveness and integrity of

the industry research and development,

innovation and venture capital programmes

for which it has responsibility, including

undertaking legal action if required;

• cooperate with any reasonable independent

evaluation of the industry research and

development, innovation and venture capital

programmes for which Innovation Australia

has administrative responsibility; and

• consider options to support the

commercialisation of Australian ideas and

technology, address systematic and market

failures along the pathway to

commercialisation, and provide advice to the

Minister.

GOVERNANCE

68

INNOVATION AUSTRALIA

Innovation Australia and its committees engage

in activities which support its decision-making

and advisory functions. The Board also

contributes its views and practical advice in

relation to the programmes for which it is

responsible to the Minister through regular

correspondence and meetings.

POWERS Innovation Australia derives various powers

from the provisions of the IR&D Act. Section 8 of

the IR&D Act gives Innovation Australia power

to take all necessary and convenient action to

ensure the proper performance of its functions.

MEMBERSHIP Members of Innovation Australia are appointed

in writing by the Governor-General, through the

Executive Council. The IR&D Act provides for a

maximum of 15 Board members, including the

Chair and an ex-officio member. At a meeting of

Innovation Australia, four members constitute a

quorum as at 30 June 2014. Innovation Australia

was supported by three expert committees.

Innovation Australia Committee members are

appointed by the portfolio Minister. Committees

operate under delegation from Innovation

Australia and comprise a Chair and up to six

members. At a Committee meeting, three

members are required to form a quorum.

Innovation Australia and Committee members

are individuals with an appropriate mix of

professional and technical expertise across a

broad section of industries, technologies and

capital markets as well as experience in

commercialisation of industry invention,

corporate governance and business finance.

Innovation Australia and its Committee

members, other than the ex-officio members,

are remunerated in accordance with

determinations set by the Remuneration

Tribunal.

ORGANISATION AND MANAGEMENT Innovation Australia uses a committee structure

to help administer and provide expert advice on

technology based enterprises, clean technology

and venture capital programmes.

As of 30 June 2014, a number of committees

reported to Innovation Australia; each

Committee has the following specific functions:

• R&D Incentives Committee - formerly the Tax

Concession Committee - The R&D Incentives

Committee is responsible for providing advice

to Innovation Australia about the operations

of the R&D Tax Concession programme for

income years commencing before 1 July 2011

and the R&D Tax Incentive for income years

commencing on or after 1 July 2011. In

particular it is responsible for assessing

activities registered across all sectors

including providing certificates to the

Commissioner for Taxation about the

eligibility of activities registered for the

Concession and the Incentive. The Committee

also provides advice about operational policy

aspects of the R&D Tax Concession

programme and the R&D Tax Incentive.

• Commercialisation Australia Board - provides

expert advice, technical assessments, merit

ranking and monitoring of projects under the

Commercialisation Australia Program.

• Venture Capital Committee - assists

Innovation Australia to administer the suite of

venture capital investment programmes by

assessing applications for fund manager

licences and fund registrations, and

monitoring activities for the following

programmes; Innovation Investment Fund;

Renewable Energy Equity Fund; Pre Seed Fund;

Pooled Development Funds; Venture Capital

Limited Partnerships; Early Stage Venture

Capital Limited Partnerships. The Committee

also monitors activities under the Innovation

Investment Follow-on Fund.

GOVERNANCE

69

ANNUAL REPORT 2013-14

• R&D Tax Incentive Advisory Committee5 - is

responsible for providing advice to Innovation

Australia about the R&D Tax Incentive. In

particular it is responsible for monitoring the

implementation and operation of the

programmes and identifying areas where the

R&D Tax Incentive is not operating in

accordance with its policy intent or matters

that produce unforeseen consequences, or

unintended and significant compliance costs.

• Clean Technology Investment Committee6 -

assesses applications against the merit

criteria of the Clean Technology Investment

Program. The programme offers competitive

grants for manufacturing businesses to invest

in energy efficient capital equipment and low

emissions-technologies, processes and

products that will enhance their

competitiveness.

• Clean Technology Food and Foundries

Investment Committee7 - assesses

applications against the merit criteria of the

Clean Technology Food and Foundries

Investment Program. The programme offers

competitive grants for manufacturing

businesses to invest in energy efficient capital

equipment and low emissions technologies,

processes and products that will enhance

their competitiveness.

5 The R&D Tax Incentive Advisory Committee was revoked effective 31 March 2014.

6 The Clean Technology Investment Committee was revoked effective 25 November 2013.

7 The Clean Technology Food and Foundries Committee was revoked effective 25 November 2013.

• Clean Technology Innovation Committee8 -

assesses applications against the merit

criteria of the Clean Technology Innovation

Program. The programme offers competitive

grants for Australian industries to increase

applied research and development, proof-of-concept and early stage commercialisation

activities that lead to the development of new

clean technologies and associated services

including low emission and energy efficient

solutions, that reduce greenhouse gas

emissions.

• Innovation Grants Committee9 - is

responsible for monitoring and assessing

requests for variations and other matters as

required under grant agreements, such as

dealing with intellectual property and change

of company control matters under legacy

programmes, including Commercial Ready,

R&D Start, Climate Ready and the Renewable

Energy Development Initiative.

8 The Clean Technology Innovation Committee was revoked effective 25 November 2013.

9 The Innovation Grants committee was revoked effective 15 November 2013.

GOVERNANCE

70

INNOVATION AUSTRALIA

CODE OF CONDUCT

Innovation Australia Code of Conduct

Members of Innovation Australia and of its committees are expected to observe the following

standards when dealing with Board related matters.

• Members should perform the duties of their office impartially, uninfluenced by fear or favour.

• Members should be frank and honest in official dealings with colleagues.

• Members should avoid any situation in which the private interests of themselves or of their

immediate family, whether pecuniary or otherwise, conflict or might reasonably be thought to

conflict with their public duty.

• Members should not use information obtained in the course of official duties to gain directly or

indirectly a pecuniary or other advantage for themselves or for any other person.

• Members should not:

a. solicit or accept from any person any remuneration or benefit for the discharge

of the duties of their office over and above the official remuneration;

b. solicit or accept any benefit, advantage or promise of further advantage, whether for themselves,

their immediate family or any business concern or trust with which they are associated from

persons who are in, or seek to be in, any contractual or special relationship with government; or

c. accept any gift, hospitality or concessional travel offered in connection with the

discharge of the duties of the office (except as permitted by the Department of Industry’s

Guidelines on the Acceptance of Gifts and Other Benefits - Secretary’s Direction).

• Members should be scrupulous in their use of public property and services, and should not permit

their misuse by other persons.

• Members should not allow the pursuit of their private interests to interfere with the proper

discharge of their public duties.

The above Code of Conduct was last reviewed by the Board on 12 August 2008.

GOVERNANCE

71

ANNUAL REPORT 2013-14

DISCLOSURE OF INTEREST

Innovation Australia Disclosure

of Interest (DOI) Guidelines

Innovation Australia (the Board) observes

statutory requirements and generally applicable

standards concerning the management,

handling and recording of relevant interests.

Accordingly, the Board addresses indirect and

direct pecuniary interests as the IR&D Act

requires but also extends the scope of these

guidelines to cover other personal or family

interests.

The Board is conscious that perceptions of

conflict of interest may be as important as

actual conflict. The following describes the

procedures, based on the Code of Conduct

adopted by the Board, that are to be followed.

Section 16 of the IR&D Act requires Board

members to disclose at a meeting of the Board

the nature of any direct or indirect pecuniary

interest in matters considered or about to be

considered by the Board. The IR&D Act requires

such disclosures to be recorded in minutes of

meetings. This process also applies to members

of the Board’s committees (section 24).

The Board has also adopted a process whereby

Board and committee members (upon

appointment) prepare and lodge with the

Secretariat a disclosure statement of known

pecuniary (and other personal) interests of

themselves and of their immediate family/

spouse. The contents of the statement are

recorded, electronically, on the Register of Private

Interests.

In addition, the Board has established formal

procedures for the handling of matters involving

actual or potential conflicts of interest, which it

requires all Board and committee members to

meet. These are set out below.

A member who has issues or concerns about

potential conflict of interest matters may wish,

prior to a relevant meeting, to discuss them with

the departmental officer who is nominated to

assist the Board in these respects.

To assist in maintaining a close focus on conflict

of interest issues, an early agenda item at each

Board and committee meeting should involve

formal enquiry in relation to the disclosed

interests of members and the determination of

any potential conflicts.

Disclosure of Member Interests

Where a Board or committee member is aware

of an actual or potential conflict of interest,

pecuniary or otherwise, the member must

advise the meeting prior to that item being

discussed. Where the interests of a member or

his/her immediate family are involved, the

member should disclose those interests, to the

extent they are known to them. The member

must then leave the room and this must be

recorded in the minutes.

Members are required to refrain from discussing

any aspects of applications with customers

unless the application has been prepared by

colleagues and the member has previously

disclosed their interest to the Board.

The Board or committee has an ability to decide,

in the absence of the member, that where a

conflict situation exists, the member concerned

may nonetheless be present during discussion

of the matter (and take part in the discussion) or

even take part in the decision making. The

decision on this could turn on whether the

nature of the interest is determined to be

material or immaterial (insignificant).

GOVERNANCE

72

INNOVATION AUSTRALIA

If the nature of the member’s disclosed interest

is judged as immaterial, the member may be

invited back into the meeting to take part in the

discussions and, if appropriate, the decision-making. If the nature of the member’s disclosed

interest is judged as material, there should be no

further involvement of the member.

An occasion may arise where a member having a

material conflict has some technical knowledge,

not available elsewhere, that could warrant an

invitation back into the room simply to answer

specific pre-determined question(s) in relation to

the technology this would be an exceptional

circumstance. Upon providing comments to the

questions, the member would again leave the

room and take no part in the discussion or

decision-making in relation to the item.

Recording a Disclosure of Interest

The Secretariat should endeavour to determine,

with respect to a forthcoming meeting, whether

any members are likely to disclose an interest

about any matters on the draft agenda. To assist

in this process, the Secretariat will provide a copy

of the meeting agenda, along with appropriate

further identification, to all members prior to

the distribution of papers. Members would be

requested to advise if they are likely to disclose

an interest in relation to any of the items listed

for consideration, and to disclose the nature of

that interest. Papers relating to individual

applications will not be forwarded to members

until the Secretariat receives advice that they are

unlikely to disclose an interest in relation to the

items listed for consideration.

Where a member’s disclosure is subsequently

determined to be of a material nature, then that

member will not receive reports or information

in relation to the item under consideration.

The minutes of the meeting will record: the

member disclosing the interest; the nature of

the interest; if it is judged material or immaterial

by the Board or committee; and the departure of

the member from the room.

Discussions regarding an item against which a

member has disclosed an interest will be deleted

from the member’s copy of the minutes, unless

the Board or committee has decided that the

nature of the interest is immaterial and that the

member should be present during relevant

discussion and decision making.

Matters which shall be referred to

the board for determination

If a committee has no quorum as a consequence

of conflicts of interest of members, then the

matter shall be referred to the Board for

determination.

Where the committee agrees that, because of

conflict of interest issues, the matter is of a

particularly sensitive nature, that matter shall be

referred to the Board for determination.

Independent Expert Assessments

Where a material conflict of interest arises as a

consequence of a direct link between a Board or

Committee member and a matter being

considered (i.e., specifically where a member

holds an operational management role in an

applicant company, or is or has been a

consultant to an applicant company, or is a

member of the board of an applicant company),

then that matter shall be referred to the Board

for consideration. In such instances, an

independent expert assessment of the matter

will be undertaken to provide advice with regard

to the technical aspects of the project.

GOVERNANCE

73

ANNUAL REPORT 2013-14

Requests from applicant companies

for limited distribution of papers

In general, a request from an applicant company

that a certain member not see the papers

relating to that particular application is to be

accepted, provided that the Board or committee

considers that the request is reasonable.

Determining if a conflict exists 10

When considering whether a material conflict of

interest exists members should have regard to

the following questions:

a. would the average member of the public, of

ordinary intelligence, looking at the relevant

facts and circumstances, think that there

was a real, sensible possibility of conflict?

b. with human nature being what it is, is there a

danger that an average member of the public,

of ordinary intelligence, may be swayed by this

kind of personal interest rather than by duty?

In August 2010, the Board reviewed its Disclosure

of Interest Guidelines and determined that these

were robust and sound.

Partners in Delivery

AusIndustry, the principal programme delivery

division of the Department of Industry, provides

primary support to Innovation Australia.

This support is provided by AusIndustry staff in

the national, state, territory and regional offices

includes the AusIndustry Secretariat as well as

project reporting services, technical assessment

and promotional services.

AusIndustry officers also advise customers

about other government industry support

programmes.

10 Conflict of interest materiality test as advised by the Australian government Solicitor, October 1997.

Innovation Australia is also supported by policy

areas within the Department’s Industry and

Innovation and Manufacturing Divisions.

Responsibility for policy aspects of Innovation

Australia’s programmes resides with the

Department’s Innovation and Manufacturing

Divisions.

AusIndustry (on behalf of Innovation Australia)

and the Australian Taxation Office (ATO) jointly

administer the R&D Tax Incentive and the R&D

Tax Concession. AusIndustry manages the

registration of research and development

activities and conducts compliance reviews

related to the eligibility of these activities. The

ATO determines if the expenditure that is

claimed in a tax return for research and

development activities is eligible.

GOVERNANCE

74

INNOVATION AUSTRALIA

INNOVATION AUSTRALIA MEMBERS AT 30 JUNE 2014

CHAIRMAN

Mr Nicholas Gruen Chief Executive Officer

Lateral Economics

MEMBERS

Dr Michele Allan Company Director

Dr Laurie Hammond Director iQ Funds

Mr Gerard Noonan Chair Media Super

Ms Fiona Pak-Poy Director, Adelaide Research and Innovation Non-Executive Director, iSentia

Dr Susan Pond AM Adjunct Professor in Sustainability United States Study Centre University of Sydney

Mr Innes Willox Chief Executive Officer Australian Industry Group

Ms Susan Wilson Management Consultant

Mr Nixon Apple Director

Dr Marlene Kanga AM Director, Business Technology Pty Ltd and iOmniscient Pty Ltd

Ms Chris Butler Head of Division AusIndustry

GOVERNANCE

75

ANNUAL REPORT 2013-14

STRUCTURE OF INNOVATION AUSTRALIA AS AT 30 JUNE 2014

The Minister for Industry

Innovation Australia Board Chair: Dr Nicholas Gruen

R&D Tax Concession

R&D Tax Incentive

R&D Incentives Committee Chair: Dr Marlene Kanga AM

Innovation Investment Fund Innovation Investment Follow-on Fund Pre-Seed Fund Renewable Energy Equity Fund Pooled Development Funds Venture Capital Limited Partnerships Early Stage Venture Capital Limited Partnerships

Venture Capital Committee Chair: Mr Gerard Noonan

Commercialisation Australia

Commercialisation Australia Board Chair: Dr Laurie Hammond

Clean Technology Investment Program Clean Technology Food and Foundries Investment Program Clean Technology Innovation Program Climate Ready Commercial Ready R&D Start Renewable Energy Development Initiative Commercialising Emerging Technologies Green Car Innovation Fund

Responsibility for the ongoing monitoring of these programs resides with Innovation Australia.

programs committees

GOVERNANCE

76

INNOVATION AUSTRALIA

MEETINGS OF INNOVATION AUSTRALIA Innovation Australia held eight meetings during

2013-14:

3 July 2013 Canberra

11 July 2013 Canberra

7 August 2013 Canberra

28 November 2013 Canberra

12 February 2014 Canberra

18 March 2014 Canberra

7 May 2014 Geelong

18 June 2014 Canberra

Innovation Australia also considered a number

of matters via teleconference and out of session.

MARKETING AND PROMOTION As well as administering programmes under the

IR&D Act, Innovation Australia undertakes other

activities to promote industry expansion in all

sectors across Australia.

A range of marketing activities were undertaken

in 2013-14 to promote Innovation Australia

including:

• 33,755 Innovation Australia programme-related items distributed;

• 122 Twitter posts;

• 113 Facebook posts;

• 6 Vodcasts produced; and

• 3 Ministerial media releases distributed about

Innovation Australia and its programmes.

This contributed to a high level of interest in

Innovation Australia programmes, demonstrated

by:

• 1,176,417 website visits; and

• 9,703 hotline enquiries.

Key marketing activities directly involving

Innovation Australia for 2013-14 included:

• Innovation Australia - Business Leaders

Breakfast held in Geelong, Victoria on

7 May 2014. This event provided Innovation

Australia members an opportunity to meet

with 89 customers and key stakeholders.

• Development and implementation of a

communication strategy to raise awareness of

the R&D Tax Incentive among eligible

Australian businesses. The strategy included a

combination of communication activity,

including third party engagement, editorial

placement, information sessions, sponsorships

and marketing collateral.

• Continued implementation of the Clean

Technology Program communication strategy

to raise awareness of the programme among

eligible Australian businesses, and support for

the programme wind down, including

archiving marketing materials and managing

media enquiries.

• The Department sponsored The Australian

Innovation Challenge 2013 from May to

November 2013. The awards are open to

individuals, teams and students. They

recognise innovation purely for the public

good, as well as breakthroughs with direct

commercial potential.

• The Department’s support was recognised

with Innovation Australia co-branding

received on all communications, advertising

and collateral produced and released

throughout the year.

• Members of Innovation Australia were

invited to attend the official awards

ceremony held at the National Library of

Australia, Canberra, on 28 November 2013.

Three Board members assisted in the

judging process for three categories.

GOVERNANCE

77

ANNUAL REPORT 2013-14

Table 3.1 · Speaking engagements/Formal presentations 2013-14

Date Event Location Speaker

7 May 2014 Innovation Australia Business Leaders Breakfast Geelong Dr Nicholas Gruen

14 May 2014 National Manufacturing Week Sydney Dr Marlene Kanga AM

Media Announcements 2013-14

Media announcements are listed at Appendix R.

LEGAL MATTERS/LITIGATION During 2013-14 Innovation Australia was

involved in a total of four (4) matters before the

Administrative Appeals Tribunal (AAT).

Three (3) new applications for external review

were received during the year. One (1) proceeding

was withdrawn by the Applicant. Zero (0) new

matters during 2013-14 proceeded to actual

hearing. One (1) matter initiated in a previous

year resulted in a decision in favour of

Innovation Australia.

Table 3.2 · Current litigation matters

Current cases as at 30 June 2014 Supreme Court Federal Court Administrative Appeals Tribunal

Board as appellant/applicant 0 0 0

Board as respondent 0 0 2

Table 3.3 · Litigation matters completed (by fully litigated outcome)

Completed cases as at 30 June 2014 Supreme Court Federal Court Administrative Appeals Tribunal

Board as appellant/applicant 0 0 0

Board as respondent 0 3 33

GOVERNANCE

78

INNOVATION AUSTRALIA

R&D INCENTIVES COMMITTEE

Establishment

The Research and Development Incentives

Committee (R&DIC) advises and assists

Innovation Australia with its administration of

the R&D Tax Incentive, as well as administration

of the former R&D Tax Concession programme.

Responsibilities

The R&DIC provides advice to Innovation

Australia about the operations of the R&D Tax

Incentive for income years commencing on or

after 1 July 2011, and about the operations of the

R&D Tax Concession programme for income

years commencing before 1 July 2011.

In particular, along with AusIndustry and under

delegation from Innovation Australia, it is

responsible for assessing activities registered

across all sectors, including providing certificates

to the Commissioner for Taxation about the

eligibility of activities registered for the Incentive

and Concession.

The R&DIC also provides advice about

operational policy aspects of the R&D Tax

Incentive, and R&D Tax Concession.

Meetings

During 2013-14 R&DIC held seven meetings,

and also considered a number of matters via

teleconference and out of session.

6 August 2013 Canberra

19 September 2013 Canberra

29 October 2013 Canberra

10 December 2013 Canberra

13 February 2014 Canberra

2 April 2014 Canberra

17 June 2014 Sydney

Workload

During 2013-14, significant activities of the

R&DIC included:

• Findings on the eligibility of R&D activities

relating to the R&D Tax Incentive, including:

• Advance Findings about the nature of

activities (section 28A of the IR&D Act);

• Findings about activities to be conducted

outside Australia (section 28C of the IR&D

Act); and

• requests for Internal Review of reviewable

decisions (S30D of the IR&D Act).

• Interpretation and application of the

definitions of R&D activities.

• Statutory determinations on the eligibility of

R&D activities and compliance issues relating

to the R&D Tax Concession programme,

including:

• requests for Internal Review of Innovation

Australia decisions (section 39S); and

• assessment of R&D eligibility (section 39L

of the IR&D Act).

GOVERNANCE

79

ANNUAL REPORT 2013-14

R&D TAX INCENTIVE ADVISORY COMMITTEE

Establishment

The R&D Tax Incentive Advisory Committee

(TIAC) was established on 3 October 2011 to

monitor the implementation of the R&D Tax

Incentive to ensure it provides the intended

benefits to Australian industry from increased

investment in research and development.

Responsibilities

The TIAC provided advice to Innovation Australia

on the implementation and operation of the

R&D Tax Incentive.

The TIAC was responsible for canvassing a broad

range of views on the operation of the R&D Tax

Incentive. This role included consideration of

programme performance data and analysis

provided by the Department and the ATO.

Meetings

During 2013-14 the Committee held one

teleconference on 8 August 2013.

Workload

The focus of the Committee during 2013-14

included:

• consideration of proposed changes to the

R&D Tax Incentive;

• the performance of the programme including

the status of Advance Findings, Overseas

Findings and registrations;

• monitoring activities jointly undertaken by

AusIndustry and the ATO to implement the

programme, in particular, guidance and

education activities; and

• canvassing views from Committee members

on the operation of the programme from their

networks.

Revocation

Following the implementation and

establishment of the R&D Tax Incentive, the TIAC

was revoked by the Minister for Industry

effective 31 March 2014.

GOVERNANCE

80

INNOVATION AUSTRALIA

COMMERCIALISATION AUSTRALIA BOARD

Establishment

The Commercialisation Australia (CA) Board was

established on 4 February 2010, to undertake

assessments of applications received under the

CA program. It also provides advice on possible

future initiatives to support commercialisation

activity, based on evidence gathered through the

operation of the CA program. The CA Board

performs these functions under delegation from

Innovation Australia.

Closure of CA Programme

On 21 March 2014 the Australian Government

closed the CA programme to new applications.

Subsequently, on 13 May 2014 it was announced

that the CA programme would be closed.

Responsibilities

The role of the CA Board is to provide

independent expert advice and to merit rank

applications received under the CA programme.

Meetings

During 2013-14 the CA Board held seven

meetings:

2 July 2013 Teleconference

24 July 2013 Canberra

12 September 2013 Canberra

24 October 2013 Melbourne

5 December 2013 Canberra

6 February 2014 Canberra

13 March 2014 Canberra

23 June 2014 Canberra

The CA Board also considered a number of

matters out of session.

Workload

Table 3.4 · Applications considered by the CA Board Applications considered (no.) Applications

approved (no.) Applications approved ($m)

Commercialisation Australia applications* 216 129 54.25

* The applications approved columns do not include applications approved where the funding offer was not taken up.

The CA Board considered a number of matters as required under funding agreements for the CA

Program, including variations as listed in the table below.

Table 3.5 · Variations considered by the CA Board

Variations considered (no.) Variations approved (no.)

Commercialisation Australia Program 43 37

GOVERNANCE

81

ANNUAL REPORT 2013-14

CLEAN TECHNOLOGY INVESTMENT COMMITTEE

Establishment

The Clean Technology Investment Committee

(CTIC) was established effective 3 January 2012,

to provide merit based assessments for eligible

applications received under the Clean

Technology Investment Program (CTIP).

Revocation

The CTIC was formally revoked by the Minister

for Industry effective 25 November 2013.

Responsibilities

The role of the Committee was to provide

independent expert advice and a merit

assessment of all eligible applications received

under the CTIP.

Meetings

During 2013-14 the Committee held one

meeting:

30 July 2013 Melbourne

CLEAN TECHNOLOGY FOOD AND FOUNDRIES INVESTMENT COMMITTEE

Establishment

The Clean Technology Food and Foundries

Investment Committee (CTFFIC) was established

effective 25 September 2012 to provide merit

assessments of eligible applications received

under the Clean Technology Food and Foundries

Investment Program (CTFFIP).

Revocation

The CTFFIC was formally revoked by the Minister

for Industry effective 25 November 2013.

Responsibilities

The role of the Committee was to provide

independent expert advice and a merit

assessment of all eligible applications received

under the CTFFIP.

Meetings

During 2013-14 the Committee held one

meeting.

9 August 2013 Canberra

Workload

Table 3.6 · Applications considered by the CTIP and CTFFIP Committees. Applications Considered Applications

Approved Approved ($m)

Clean Technology Investment Program 96 41 19.80

Clean Technology Food and Foundries Investment Program 136 52 21.23

Total 232 93 41.03

GOVERNANCE

82

INNOVATION AUSTRALIA

DEPARTMENTAL CLEAN TECHNOLOGY INVESTMENT COMMITTEE

Establishment

The Departmental Clean Technology Investment

Committee was established by a delegation of

Innovation Australia on 31 October 2012, to

consider applications seeking grant funds of

$300,000 and less, under the CTIP and the

CTFFIP.

Responsibilities

Innovation Australia delegated a number of

department staff the ability to consider

applications and make recommendations to the

programme delegate where the grant was

$300,000 and less. This was done via a

Departmental Committee which conducted

three out of session meetings in 2013-14.

In 2013-14, the Departmental Committee

considered 58 applications under the CTIP and

approved 28 applications worth $3.57 million.

The Departmental Committee also considered

102 applications under the CTFFIP and approved

51 applications worth $6.31 million.

The applications considered and approved

by the Departmental Committee are included

in Table 3.6.

CLEAN TECHNOLOGY INNOVATION COMMITTEE

Establishment

The Clean Technology Innovation Committee

(CTINNC) was established effective 1 June 2012.

The inaugural Committee meeting was held on

19 October 2012.

Revocation

The CTINNC was formally revoked by the

Minister for Industry effective 25 November 2013.

Responsibilities

The role of the Committee was to provide

independent expert advice and a merit

assessment of all eligible applications received

under the Clean Technology Innovation Program

(CTINNP).

Meetings

In 2013-14 the Committee held two meetings:

9 July 2013 Canberra

22 July 2013 Canberra

The Committee also considered a number of

matters via teleconference and out of session.

Workload

Table 3.7 · Applications considered by the Committee. Applications Considered Applications

Approved Approved ($m)

Clean Technology Innovation Program 23 11 9.00

Total 23 11 9.00

GOVERNANCE

83

ANNUAL REPORT 2013-14

INNOVATION GRANTS COMMITTEE

Establishment

The Innovation Grants Committee (IGC) was

established on 1 August 2008.

Revocation

The IGC was formally revoked by the Minister for

Industry effective 15 November 2013.

Responsibilities

The IGC was responsible for monitoring and

assessing requests for variations and other

matters as required under grant agreements

associated with the Commercial Ready, R&D

Start, Climate Ready and REDI programmes, such

as dealing with Intellectual Property and change

of control matters.

On 28 May 2013, Innovation Australia delegated

to the IGC the responsibility for considering

international change of control matters for

Commercial Ready, R&D Start, Climate Ready

and REDI programmes.

Meetings

During 2013-14 the IGC held one teleconference

on 2 July 2013.

VENTURE CAPITAL COMMITTEE

Establishment

The Venture Capital Committee (VCC) was

established on 27 September 2007 to assist

Innovation Australia to administer a number

of venture capital tax concession and

co-investment programmes. The programmes

include the following:

• Pooled Development Funds (PDF);

• Venture Capital Limited Partnerships (VCLP);

• Early Stage Venture Capital Limited

Partnerships (ESVCLP);

• Australian Venture Capital Fund of Funds

(AFOF);

• Innovation Investment Fund (IIF);

• Pre-Seed Fund (PSF); and

• Innovation Investment Follow-on Fund (IIFF).

Responsibilities

Innovation Australia has delegated to the VCC

the functions and powers set out in the Pooled

Development Funds Act 1992 (PDF Act), the

Venture Capital Act (VC Act 2002), and the

Income Tax Assessment Act 1997 (ITAA). They

include:

a. registering, monitoring, and

revoking the registration of:

• Pooled Development Funds (PDF Act)11;

• Venture Capital Entities (PDF Act);

• Early Stage Venture Capital Limited

Partnerships (VC Act);

• Venture Capital Limited Partnerships

(VC Act);

• Australian Venture Capital Funds of Funds

(VC Act); and

• Eligible Venture Capital Investors (VC Act).

b. making decisions in relation to the

above entities (PDF Act, VC Act, ITAA).

11 Registrations under the PDF Act closed on 21 June 2007.

GOVERNANCE

84

INNOVATION AUSTRALIA

Innovation Australia has also delegated to the

VCC a range of responsibilities related to the

management of the IIF, PSF and IIFF

programmes. Innovation Australia’s functions

and powers for these programmes are set out in

Ministerial Directions and Guidelines.

Members appointed to the VCC are also invited

to take up a director position on the only

remaining wholly owned Australian Company

(IIF Investments Pty Ltd) established to hold the

government’s invested capital into the venture

capital funds licensed under IIF Rounds 1 and 2

and the PSF programme. Round 3 of the IIF

became operational in 2007 and the Australian

Government decided to provide capital directly

rather than using the interposed IIF company

structure.

Meetings

In 2013-14 the Committee held seven meetings

and considered a number of matters out of

session.

16 August 2013 Canberra

27 September 2013 Melbourne

8 November 2013 Teleconference

19 December 2013 Sydney

21 February 2014 Teleconference

16 May 2014 Teleconference

12 June 2014 Teleconference

Workload

Significant activities of the VCC during 2013-14

included:

• the registration of six (conditional and

unconditional) funds under the VCLP

programme;

• the registration of six (conditional and

unconditional) funds under the ESVCLP

programme;

• the registration of a partnership as a

Australian Venture Capital Fund of Funds

(AFOF);

• the revocation of four VCLPs;

• the revocation of nine funds under the PDF

programme;

• considered reporting on the consultation

process undertaken by the Department with

the remaining PDF following the Government

decision to phase out the PDF programme to

ascertain their views on this decision;

• advised Innovation Australia on the approval

of three grants to fund managers under IIF

Round 3 Tranche 4; and

• advice on a range of venture capital

programme issues including the wind-up of

funds; key person changes and technical

governance issues.

During 2013-14, the VCC considered one

determination request from fund managers

under the IIF programme.

GOVERNANCE

85

ANNUAL REPORT 2013-14

Table 3.8 · Decisions under the PDF Act

The Committee made 2 decisions under the PDF Act.

Type of Decision No. of Decisions

Section 55 - Internal review of decisions 1

Section 46 - Revocation on application by Pooled Development Funds 1

Total 2

Table 3.9 Decisions under the VC Act

The Committee made 19 decisions under the VC Act.

Type of Decision No. of Decisions

Section 9-4 - Allowing a partner’s committed capital to exceed 30% limit 1

Section 13-1(1) - Registration of a partnership as a VCLP 1

Section 13-1(1A) - Registration of a partnership as an ESVCLP 1

Section 13-1(2) - Registration of a partnership as an AFOF 1

Section 13-5(1) - Conditional registration of a partnership as a VCLP 5

Section 13-5(1A) - Conditional registration of a partnership as an ESVCLP 5

Section 17-10 Revocation at discretion of the Board 1

Section 17-25 - Revocation on application by the partnership 4

Total 19

GOVERNANCE

86

INNOVATION AUSTRALIA

ADMINISTRATION BOARD AND COMMITTEE MEMBERSHIP

Table 3.10 · Innovation Australia Board

Board Members Terms of Appointment

Chair

Mr David Miles AMa Company Director

14 October 2010 to 26 September 2013

Dr Nicholas Gruenb Chief Executive Officer, Lateral Economics

27 September 2013 to 18 September 2014

Members

Dr Michele Allan Company Director

14 February 1013 to 27 October 2015

Dr Laurie Hammond Director, iQ Funds

14 February 2013 to 13 February 2016

Dr Marlene Kanga AM Director, Business Technology Pty Ltd and iOmniscient Pty Ltd 5 August 2013 to 4 August 2016

Mr Gerard Noonan Chair, Media Super

7 September 2012 to 6 September 2015

Ms Fiona Pak-Poy Director, Adelaide Research and Innovation Non-Executive Director, iSentia

10 May 2012 to 11 March 2015

Dr Susan Pond AM Adjunct Professor in Sustainability, United States Study Centre, University of Sydney

23 July 2012 to 19 July 2015

Ms Susan Wilson Management Consultant

14 October 2013 to 13 October 2016

Mr Nixon Apple Director

14 October 2013 to 13 October 2016

Mr Innes Willox Chief Executive Officer, Australian Industry Group 19 September 2011 to 18 September 2014

Ms Elizabeth Lewis-Grayc Managing Director, Gekko Systems Pty Ltd

14 October 2010 to 13 October 2013

Dr Peter Riddlesd Director, ViciBio Pty Ltd

14 October 2010 to 13 October 2013

Dr Jonathan Springe Managing Director, CEOS Pty Ltd

14 October 2010 to 13 October 2013

Mr John Vines OAMf 14 October 2013 to 13 October 2016

Ms Chris Butler Head of Division, AusIndustry

Ex-officio appointment

a. Mr Miles retired in September 2013 b. Dr Gruen’s term of appointment is from 19 September 2011 to 18 September 2014 c. Ms Lewis-Gray retired in October 2013 d. Dr Riddles retired in October 2013 e. Dr Spring retired in October 2013 f. Mr Vines resigned in November 2013

GOVERNANCE

87

ANNUAL REPORT 2013-14

Table 3.11 · R&D Incentives Committee (formerly the Tax Concession Committee)

R&D Incentives Committee Members Terms of Appointment

Chair

Dr Marlene Kanga AM Director, Business Technology Pty Ltd and iOmniscient Pty Ltd 5 August 2013 to 4 August 2016

Members

Ms Margaret Calverta Partner, Norcal

7 July 2012 to 6 July 2015

Ms Suzanne Roche Director, BTI Solutions

15 July 2011 to 14 July 2014

Ms Sabina Shugg Manager-Mining, Momentum Partners

15 July 2011 to 14 July 2014

Dr Lisa Springer Principal, Maia Partners

15 August 2011 to 14 August 2014

Mr David Wilson General Manager, R&D Tax Incentive

Ex-officio appointment

a. Ms Calvert resigned in August 2013

Table 3.12 · R&D Tax Incentive Advisory Committee12

R&D Tax Incentive Advisory Committee Members Terms of Appointment

Chair

Mr David Miles AM Company Director

3 October 2011 to 26 September 2013

Members

Mr Serg Duchini Partner, Deloitte Touche Tohmatsu

3 October 2011 to 3 March 2014

Dr Nicholas Gruen Chief Executive Officer, Lateral Economics

3 October 2011 to 18 September 2014

Ms Kathy Kelly Director, Boyce Chartered Accountants

3 October 2011 to 3 March 2014

Dr Anna Lavelle Chief Executive Officer, AusBiotech

3 October 2011 to 18 September 2014

Mr Sam Turnbull Managing Director, Flip Screen Australia

3 October 2011 to 3 March 2014

Mr Innes Willox Chief Executive Officer, Australian Industry Group

3 October 2011 to 18 September 2014

12 The Tax Incentive Advisory Committee was revoked and all Member appointments ceased effective 31 March 2014.

GOVERNANCE

88

INNOVATION AUSTRALIA

Table 3.13 · Commercialisation Australia Board

Commercialisation Australia Board Terms of Appointment

Chair

Dr Laurie Hammond Director, iQ Funds

08 February 2013 to 07 February 2016

Members

Ms Jan Bingley General Manager, Commercial, CSIRO

01 August 2012 to 31 July 2014

Ms Christine Bridges-Taylor General Manager, B&R Enclosed Pty Ltd

15 June 2012 to 10 February 2015

Dr Leanna Read Director, BR-Angels Pty Ltd

03 July 2012 to 02 July 2015

Mr Tony Surtees Chief Executive Officer, Hyperlocalizer.com

08 March 2013 to 30 November 2015

Dr Bruce Whan Director, Swinburne Knowledge

01 August 2012 to 31 July 2015

Mr Doron Ben-Meir Chief Executive Officer, Commercialisation Australia Ex-officio appointment

Table 3.14 · Clean Technology Investment Committee13

Clean Technology Investment Committee Members Term of Appointment

Chair

Ms Fiona Pak-Poy Director, Adelaide Research and Innovation Non-Executive Director, iSentia

13 March 2012 to 11 March 2015

Members

Mr Nixon Apple Director

13 March 2012 to 11 March 2015

Mr Bruce Godfrey Principal and Director, Wyld Group Pty Ltd

13 March 2012 to 11 March 2015

Dr Bruce Grey Managing Director, Advanced Manufacturing CRC 13 March 2012 to 12 June 2014

Mr Peter Margin Director, Bega Cheese

10 December 2012 to 15 December 2014

Ms Sylvia Tulloch Director, Tulloch Associates

13 March 2012 to 12 June 2014

13 The Clean Technology Investment Committee was revoked and all Member appointments ceased effective 25 November 2013.

GOVERNANCE

89

ANNUAL REPORT 2013-14

Table 3.15 · Clean Technology Food and Foundries Committee14

Clean Technology Food and Foundries Committee Members Term of Appointment

Chair

Dr Michele Allan Company Director

29 October 2012 to 27 October 2015

Members

Dr Anne Astin Director Australian Dairy Farmers Limited

29 October 2012 to 6 March 2015

Ms Julie Garland-McLellan Principal, McLellan Pty Ltd

14 November 2012 to 19 November 2014

Mr Bruce Gunn Research fellow, Centre for Intelligent Systems Research 29 October 2012 to 27 October 2015

Mr Russel Rankin Director, Food Innovation Partners Pty Ltd

29 October 2012 to 27 October 2014

Ms Amy Schwebel Research Officer, ACTU

29 October 2012 to 06 March 2015

Dr Bruce Whan Director, Swinburne Knowledge

29 October 2012 to 27 October 2015

Table 3.16 · Members - Clean Technology Innovation Committee15

Clean Technology Innovation Committee Members Terms of Appointment

Chair

Dr Susan Pond AM Adjunct Professor in Sustainability, United States Study Centre, University of Sydney

23 July 2012 to 19 July 2015

Members

Ms Anne-Marie Birkill General Partner OneVentures Innovation Fund

23 July 2012 to 19 July 2015

Mr Adrian Chegwidden Retired

23 July 2012 to 19 July 2015

Mr Peter Janssen Director, J Capital Pty Limited

23 July 2012 to 30 June 2014

Mr John O’Brien Managing Director Australian Clean Tech

23 July 2012 to 01 February 2015

Dr Jane Sargison Director JSA Consulting Engineers

23 July 2012 to 01 February 2015

Ms Fiona Waterhouse CEO Utilitas Pty Ltd

23 July 2012 to 30 June 2014

14 The Clean Technology Food and Foundries Committee was revoked and all Member appointments ceased effective 25 November 2013.

15 The Clean Technology Innovation Committee was revoked and all Member appointments ceased effective 25 November 2013.

GOVERNANCE

90

INNOVATION AUSTRALIA

Table 3.17 · Members - Innovation Grants Committee16

Innovation Grants Committee Members Term of Appointment

Chair

Dr Peter Riddles Director, ViciBio Pty Ltd

19 October 2010 to 13 October 2013

Mr John Vines OAM 14 October 2013 to 13 October 2016

Members

Ms Julie Garland-McLellan Principal, McLellan Pty Ltd

6 May 2011 to 5 May 2014

Mr Peter Janssen Director, J Capital Pty Ltd

01 August 2011 to 31 July 2014

Mr Peter Laver Vice President, Australian Academy Technological Sciences and Engineering

2 June 2011 to 1 June 2014

Dr Jonathan Spring Managing Director, CEOS Pty Ltd

19 October 2010 to 13 October 2013

Dr Colin Sutton Director, Mission Pty Limited

01 August 2011 to 31 July 2014

Mr Steve Telburn Managing Director, Secret Sauce Intellectual Property Ventures 6 May 2011 to 5 May 2014

Table 3.18 · Venture Capital Committee

Venture Capital Committee Members Terms of Appointment

Chair

Mr Gerard Noonan Chair, Media Super

7 September 2012 to 6 September 2015

Members

Professor Stephen Barkoczy Professor, Monash University

1 March 2011 to 28 February 2014

Mr Marty Gauvin Managing Director, Tier 5 Pty Ltd

31 July 2011 to 30 July 2014

Mr Nigel Hall Manager, Innovation Centre, Sunshine Coast

1 March 2011 to 28 February 2014

Ms Debra Heitmann Managing Director, Hado Investments Pty Ltd

19 October 2012 to 30 June 2014

Ms Melissa Widner Partner, Sea Point Ventures

31 July 2011 to 30 July 2014

Ms Jennifer Zanich Co-Founder and Chair, Paloma Mobile

17 April 2012 to 12 April 2015

16 The Innovation Grants Committee was revoked and all Member appointments ceased effective 15 November 2013.

INNOVATION AUSTRALIA · ANNUAL REPORT 2013-14

Section 4 appendices

APPENDIX A

92

INNOVATION AUSTRALIA

appendix a Corporate Governance

OFFICIAL DIRECTIONS, DECLARATIONS AND APPOINTMENTS a1 Revocation of the Innovation Grants Committee,

15 November 2013

a2 Revocation of the Clean Technology Investment Committee,

25 November 2013

a3 Revocation of the Clean Technology Food and Foundries Investment Committee,

25 November 2013

a4 Revocation of the Clean Technology Innovation Committee,

25 November 2014

a5 Revocation of the Tax Incentive Advisory Committee,

31 March 2014

APPENDIX A

93

ANNUAL REPORT 2013-14

appendix a Corporate Governance

OFFICIAL DIRECTIONS, DECLARATIONS AND APPOINTMENTS a1 Revocation of the Innovation Grants Committee,

15 November 2013

a2 Revocation of the Clean Technology Investment Committee,

25 November 2013

a3 Revocation of the Clean Technology Food and Foundries Investment Committee,

25 November 2013

a4 Revocation of the Clean Technology Innovation Committee,

25 November 2014

a5 Revocation of the Tax Incentive Advisory Committee,

31 March 2014

APPENDIX A

94

INNOVATION AUSTRALIA

APPENDIX A

95

ANNUAL REPORT 2013-14

APPENDIX A

96

INNOVATION AUSTRALIA

APPENDIX A

97

ANNUAL REPORT 2013-14

APPENDIX A

98

INNOVATION AUSTRALIA

APPENDIX B appendix b

Australian Government Budget, Expenditure and Forward Obligations

BOARD PROGRAMMES 2013-14

Programme

Australian Government budget ($m)

Cash

Expenditure ($m)

Forward Obligations ($m)

Clean Technology Food and Foundries Investment Program (CTFFIP)a 65.68 59.64 64.90

Clean Technology Investment Program (CTIP)a 59.20 58.51 49.71

Clean Technology Innovation Program (CTInnP)a 20.57 17.59 11.14

Climate Readyb 0.00 0.04 0.00

Commercialisation Australia Programme (CA)a 65.78 63.99 41.92

Green Car Innovation Fund (GCIF)a 5.95 3.08 3.35

Innovation Investment Fund (IIF) 85.33 22.36 96.47

Innovation Investment Follow-on Fund (IIFF) 2.94 0.08 0.51

Pre-Seed Fund (PSF)c 3.14 -0.10 3.24

Total 308.58 225.19 271.24

a. CTFFIP, CTIP, CTINNP, CA, Climate Ready and GCIF reflect gross amounts and do not account for amounts that may have been repaid.

b. There is no Australian Government Budget for Climate Ready

c. During 2013-14 there was a return to the Commonwealth of uninvested funds in the amount of $151,277.

99

ANNUAL REPORT 2013-14

appendix c Programme by Programme Breakdown

table c1 Innovation Australia programmes by industry sector (2006 ANZSIC)

table c2 Innovation Australia programmes by Australia and New Zealand Standard Research

Classification (2008 ANZSRC - FOR) code

table c3 Innovation Australia programmes by turnover

table c4 Innovation Australia programmes by state and territory

APPENDIX C

100

INNOVATION AUSTRALIA

Table C1 · Innovation Australia programmes by industry sector (2006 ANZSIC) Division

Description

R&D Tax Incentive 2012-13a Number

R&D Tax Incentive 2012-13a Expenditure $m

PDF 2012-13b,d Number of Investees

PDF 2012-13b,d Investments $m

ESVCLP 2012-13a,d Number of Investees

ESVCLP 2012-13a,d Investments $m

VCLP 2012-13a,d Number of Investees

VCLP 2012-13a,d Investments $m

IIFb Number of Investees

IIFb Investments $m

PSFb Number of Investees

PSFb Investments $m

A

Agriculture, Forestry and Fishing

387

448.373

B

Mining

723

4371.793

4

42.610

C

Manufacturing

3,566

6135.244

2

0.436

4

30.180

7

7.069

1

0.038

D

Electricity, Gas, Water and Waste Services

253

544.882

3

0.051

1

0.533

E

Construction

276

754.696

2

2.186

F

Wholesale Trade

137

129.530

4

6.860

G

Retail Trade

124

292.424

2

7.120

1

0.246

H

Accommodation and Food Services

15

13.970

I

Transport, Postal and Warehousing

118

442.833

J

Information Media and Telecommunications

1,836

1682.089

28

14.369

27

26.820

5

0.701

K

Financial and Insurance Services

203

1735.756

1

1.000

L

Rental, Hiring and Real Estate Services

49

58.626

2

22.000

M

Professional, Scientific and Technical Services

2,102

2573.874

1

0.004

1

0.700

10

3.525

APPENDIX C

101

ANNUAL REPORT 2013-14

Division

Description

R&D Tax Incentive 2012-13a Number

R&D Tax Incentive 2012-13a Expenditure $m

PDF 2012-13b,d Number of Investees

PDF 2012-13b,d Investments $m

ESVCLP 2012-13a,d Number of Investees

ESVCLP 2012-13a,d Investments $m

VCLP 2012-13a,d Number of Investees

VCLP 2012-13a,d Investments $m

IIFb Number of Investees

IIFb Investments $m

PSFb Number of Investees

PSFb Investments $m

N

Administrative and Support Services

83

66.082

4

0.429

O

Public Administration and Safety

22

81.044

P

Education and Training

88

46.831

Q

Health Care and Social Assistance

188

157.841

3

6.030

21

44.680

7

2.810

R

Arts and Recreation Services

43

81.817

S

Other Services

93

70.908

1

0.100

3

6.760

Total

10,306

19,688.61

13

4.11

33

21.20

65

218.38

35

21.74

1

0.04

a. Figures for R&D Tax programmes are as at 30 June 2014. The figures may vary with the subsequent amendments to registrations

allowed under the legislation. The amount in the expenditure column is the reported expenditure on R&D by registrants,

and does not indicate the amount of assistance by Innovation Australia.

b. Only counts co-invested investees once. c. Payments reflect gross amounts and do not take account of any amounts that may have been repaid.

d. Figures for PDF, ESVCLP and VCLP programmes are as at 30 June 2014.

APPENDIX C

102

INNOVATION AUSTRALIA

APPENDIX C

Table C1 · Innovation Australia programmes by industry sector (2006 ANZSIC) (continued) Division

Description

CT Food and Foundriesc Number

CT Food and Foundriesc Payments $m

CT Investmentc Number

CT Investmentc Payments $m

CT Innovationc Number

CT Innovationc Payments $m

Climate Readyc Number

Climate Readyc Payments $m

Commercialisation Australiac Number

Commercialisation Australiac Payments $m

GCIFc Number

GCIFc Payments $m

A

Agriculture, Forestry and Fishing

9

2.399

B

Mining

8

2.464

C

Manufacturing

260

59.637

164

56.595

14

10.641

1

0.043

119

21.752

4

3.083

D

Electricity, Gas, Water and Waste Services

6

3.846

7

2.193

E

Construction

2

1.915

1

0.124

4

2.798

F

Wholesale Trade

6

0.506

G

Retail Trade

5

0.187

H

Accommodation and Food Services

I

Transport, Postal and Warehousing

1

0.045

J

Information Media and Telecommunications

1

1.005

63

10.808

K

Financial and Insurance Services

4

1.174

L

Rental, Hiring and Real Estate Services

1

0.314

M

Professional, Scientific and Technical Services

5

1.973

74

15.231

103

ANNUAL REPORT 2013-14

Division

Description

CT Food and Foundriesc Number

CT Food and Foundriesc Payments $m

CT Investmentc Number

CT Investmentc Payments $m

CT Innovationc Number

CT Innovationc Payments $m

Climate Readyc Number

Climate Readyc Payments $m

Commercialisation Australiac Number

Commercialisation Australiac Payments $m

GCIFc Number

GCIFc Payments $m

N

Administrative and Support Services

3

0.331

O

Public Administration and Safety

2

0.072

P

Education and Training

12

0.500

Q

Health Care and Social Assistance

17

3.123

R

Arts and Recreation Services

2

0.095

S

Other Services

Total

260

59.64

166

58.51

27

17.59

1

0.04

337

63.99

4

3.08

a. Figures for R&D Tax programmes are as at 30 June 2014. The figures may vary with the subsequent amendments to registrations allowed under the legislation. The amount in the expenditure column is the reported expenditure on R&D by registrants, and does not indicate the amount of assistance by Innovation Australia. b. Only counts co-invested investees once.

c. Payments reflect gross amounts and do not take account of any amounts that may have been repaid. d. Figures for PDF, ESVCLP and VCLP programmes are as at 30 June 2014.

APPENDIX C

104

INNOVATION AUSTRALIA

APPENDIX C

Table C2 · Innovation Australia programmes by Australia and New Zealand Standard Research Classification (2008 ANZSRC - FOR) code Group Code

Description

R&D Tax Incentive 2012-13a,b,c Number

R&D Tax Incentive 2012-13a Expenditure $m

IIFd Number of Investees

IIFd Investments $m

PSFd Number of Investees

PSFd Investments $m

Climate Readyb,e Number

Climate Readyb,e Payments $m

Commercialisation Australiab,e Number

Commercialisation Australiab,e Payments $m

GCIFb,e Number

GCIFb,e Payments $m

01

Mathematical Sciences

50

79.962

02

Physical Sciences

73

46.282

5

0.437

03

Chemical Sciences

458

339.644

9

2.786

04

Earth Sciences

221

352.740

1

0.006

05

Environmental Sciences

256

261.520

1

0.023

06

Biological Sciences

171

150.540

3

0.898

1

0.038

11

4.843

07

Agricultural and Veterinary Sciences

558

551.358

16

1.352

08

Information and Computing Sciences

3,598

4904.442

9

7.440

107

17.350

09

Engineering

4,310

10963.395

3

0.376

1

0.043

119

24.686

4

3.083

10

Technology

777

1010.191

4

1.125

31

5.209

11

Medical and Health Sciences

497

788.314

16

11.907

24

3.990

12

Built Environment and Design

202

151.133

8

1.127

13

Education

54

19.048

105

ANNUAL REPORT 2013-14

APPENDIX C

Group Code

Description

R&D Tax Incentive 2012-13a,b,c Number

R&D Tax Incentive 2012-13a Expenditure $m

IIFd Number of Investees

IIFd Investments $m

PSFd Number of Investees

PSFd Investments $m

Climate Readyb,e Number

Climate Readyb,e Payments $m

Commercialisation Australiab,e Number

Commercialisation Australiab,e Payments $m

GCIFb,e Number

GCIFb,e Payments $m

14

Economics

5

0.953

15

Commerce, Management, Tourism and Services

103

62.011

7

2.019

16

Studies in Human Society

17

Psychology and Cognitive Sciences

15

1.828

18

Law and Legal Studies

3

0.241

1

0.164

19

Studies in Creative Arts and Writing

4

5.138

20

Language, Communication and Culture

1

0.087

21

History and Archaeology

22

Philosophy and Religious Studies

Total

11,356

19,688.83

35

21.75

1

0.04

1

0.04

340

63.99

4

3.08

a. Figures for R&D Tax programmes are as at 30 June 2014. The figures may vary with the subsequent amendments to registrations allowed under the legislation. The amount in the expenditure column is the reported expenditure on R&D by registrants, and does not indicate the amount of assistance by Innovation Australia. Registrants may nominate more than one ANZSRC category in their registration application. b. Organisations are counted more than once if an organisation participates in two or more projects under different ANZSRC classifications.

c. Number of times category nominated by applicant. d. Only counts co-invested investees once.

e. Payments reflect gross amounts and do not take account of any amounts that may have been repaid. f. The following programmes are not included in this table because they do not collect ANZSRC information: PDF, ESVCLP, VCLP, CT Food and Foundries, CT Investment and CT Innovation.

106

INNOVATION AUSTRALIA

APPENDIX C

Table C3 · Innovation Australia programmes by turnover Group

Description

R&D Tax Incentive 2012-13a Number

R&D Tax Incentive 2012-13a Expenditure $m

PDF 2012-13b,e Number of Investees

PDF 2012-13b,e Investments $m

ESVCLP 2012-13e,d Number Investees

ESVCLP 2012-13b,e Investments $m

VCLP 2012-13b,e Number of Investees

VCLP 2012-13b,e Investments $m

IIFc Number of Investees

IIFc Investments $m

PSFc Number of Investees

PSFc Investments $m

Small

<=$500k

3,528

1392.569

6

2.328

11

3.430

15

13.200

28

19.331

1

0.038

>500k<=$1m

958

401.798

4

0.393

12

6.050

9

4.970

2

0.200

>$1m<=$5M

2,462

1588.045

2

1.150

9

10.310

20

28.360

4

1.944

Medium

>$5m<=$10M

853

757.652

1

1.410

5

7.480

1

0.273

>$10m<=$25m

842

1029.084

1

0.236

7

33.290

>$25m<=$50m

410

662.198

2

14.940

Large

>$50m

1,253

13857.268

7

116.140

Total

10,306

19,688.61

13

4.11

33

21.20

65

218.38

35

21.75

1

0.04

a. Figures for R&D Tax programmes are as at 30 June 2014. The figures may vary with the subsequent amendments to registrations allowed under the legislation. The amount in the expenditure column is the reported expenditure on R&D by registrants, and does not indicate the amount of assistance by Innovation Australia. Please note that not all registrants supply turnover figures. b. Investees are grouped by Total Value of Investee Assets, not Turnover

c. Only counts co-invested investees once. d. Payments reflect gross amounts and do not take account of any amounts that may have been repaid.

e. Figures for PDF, ESVCLP and VCLP are as at 30 June 2014.

107

ANNUAL REPORT 2013-14

APPENDIX C

Table C3 · Innovation Australia programmes by turnover (continued) Group

Description

CT Food and Foundriesd Number

CT Food and Foundriesd Payments $m

CT Investmentc Number

CT Investmentc Payments $m

CT Innovationc Number

CT Innovationc Payments $m

Climate Readyd Number

Climate Readyd Payments $m

Commercialisation Australiad Number

Commercialisation Australiad Payments $m

GCIFd Number

GCIFd Payments $m

Small

<=$500k

15

0.533

17

7.882

245

41.083

>500k<=$1m

17

0.774

1

0.601

27

5.537

>$1m<=$5M

52

3.612

8

0.553

3

2.525

1

0.043

46

11.999

Medium

>$5m<=$10M

33

3.318

24

3.169

2

1.007

13

3.615

>$10m<=$25m

47

7.483

53

11.018

1

1.796

4

1.487

>$25m<=$50m

23

13.403

22

10.527

2

3.490

2

0.270

Large

>$50m

73

30.514

59

33.24

1

0.287

4

3.083

Total

260

59.64

166

58.51

27

17.59

1

0.04

337

63.99

4

3.08

a. Figures for R&D Tax programmes are as at 30 June 2014. The figures may vary with the subsequent amendments to registrations allowed under the legislation. The amount in the expenditure column is the reported expenditure on R&D by registrants, and does not indicate the amount of assistance by Innovation Australia. Please note that not all registrants supply turnover figures. b. Investees are grouped by Total Value of Investee Assets, not Turnover.

c. Only counts co-invested investees once. d. Payments reflect gross amounts and do not take account of any amounts that may have been repaid.

e. Figures for PDF, ESVCLP and VCLP are as at 30 June 2014.

108

INNOVATION AUSTRALIA

APPENDIX C

Table C4 · Innovation Australia programmes by state and territory Description

R&D Tax Incentive 2012-13a Number

R&D Tax Incentive 2012-13a Expenditure $m

PDF 2012-13b,e Number of Investees

PDF 2012-13b,e Investments $m

ESVCLP 2012-13e,d Number Investees

ESVCLP 2012-13b,e Investments $m

VCLP 2012-13b,e Number of Investees

VCLP 2012-13b,e Investments $m

IIFc Number of Investees

IIFc Investments $m

PSFc Number of Investees

PSFc Investments $m

ACT

122

117.251

1

0.100

2

0.830

NSW

3,585

7289.905

3

0.523

23

10.370

18

86.740

15

12.679

NT

22

73.486

QLD

1,913

2926.114

2

2.350

10

88.340

4

1.630

SA

575

685.122

1

0.190

1

0.125

TAS

131

120.259

VIC

2,695

5289.433

5

1.346

3

7.780

20

30.090

13

7.102

1

0.038

WA

1,263

3187.042

5

2.237

5

1.870

2

0.209

Total

10,306

19,688.61

3

4.11

29

20.60

56

208.06

35

21.75

1

0.04

a. Figures for R&D Tax programmes are as at 30 June 2014. The figures may vary with the subsequent amendments to registrations allowed under the legislation. The amount in the expenditure column is the reported expenditure on R&D by registrants, and does not indicate the amount of assistance by Innovation Australia. b. Only counts co-invested investees once.

c. Some investees are based overseas, and they are not included within this table. d. Payments reflect gross amounts and do not take account of any amounts that may have been repaid.

e. Figures for PDF, ESVCLP and VCLP are as at 30 June 2014. f. Organisations are counted more than once if an organisation participates in two or more projects in another state or territory.

109

ANNUAL REPORT 2013-14

APPENDIX C

Table C4 · Innovation Australia programmes by state and territory (continued) Description

CT Food and

Foundriesd,f Number

CT Food and Foundriesd,f Payments $m

CT Investmentd,f Number

CT Investmentd,f Payments $m

CT Innovationd Number

CT Innovationd Payments $m

Climate Readyd Number

Climate Readyd Payments $m

Commercialisation Australiad Number

Commercialisation Australiad Payments $m

GCIFd Number

GCIFd Payments $m

ACT

1

0.087

1

0.018

8

2.610

NSW

80

17.929

62

19.696

5

2.866

78

14.138

NT

3

0.331

QLD

33

17.256

15

13.871

7

7.504

98

15.357

SA

50

5.917

14

2.396

2

0.464

1

0.043

25

3.264

2

0.512

TAS

3

0.298

2

1.061

6

1.356

6

0.842

VIC

57

14.639

59

17.616

3

2.495

74

16.667

2

2.571

WA

43

3.511

16

3.850

4

2.905

45

10.783

Total

267

59.64

169

58.51

27

17.59

1

0,04

337

63.99

4

3.08

a. Figures for R&D Tax programmes are as at 30 June 2014. The figures may vary with the subsequent amendments to registrations allowed under the legislation. The amount in the expenditure column is the reported expenditure on R&D by registrants, and does not indicate the amount of assistance by Innovation Australia. b. Only counts co-invested investees once.

c. Some investees are based overseas, and they are not included within this table. d. Payments reflect gross amounts and do not take account of any amounts that may have been repaid.

e. Figures for PDF, ESVCLP and VCLP are as at 30 June 2014. f. Organisations are counted more than once if an organisation participates in two or more projects in another state or territory.

110

INNOVATION AUSTRALIA

APPENDIX D appendix d

Commercialisation Australia Programme Breakdown

table d1 Commercialisation Australia programme grant applications

received by state and territory, 2013-14

table d2 Commercialisation Australia programme grant agreements

executed by state and territory, 2013-14

table d3 Commercialisation Australia programme grant payments

by state and territory, 2013-14

table d4 Commercialisation Australia programme grant agreements

executed by entity, 2013-14

table d5 Commercialisation Australia programme grant payments

by entity, 2013-14

Note: Appendix D, tables D2 and D4 are prepared in accordance with section 46 (2) (b) (i-iv) of the IR&D Act 1986. Appendix D, tables D3 and D5 are prepared in accordance with sections 46 (2) (b) and (2) (c) (i) and (ii) of the IR&D Act 1986.

111

ANNUAL REPORT 2013-14

APPENDIX D

Table D1 · Commercialisation Australia program grant applications received by state and territory, 2013-14

State/Territory Number

NSW 32

VIC 49

QLD 35

SA 10

WA 26

TAS 3

ACT 2

NT 1

Total 158

Note: This table does not include applications received during the year if withdrawn from consideration during the year.

Table D2 · Commercialisation Australia program grant agreements executed by state and territory, 2013-14

State/Territory Number Value ($)

NSW 24 6,647,239

VIC 33 14,148,604

QLD 31 14,295,833

SA 7 2,010,115

WA 19 7,457,281

TAS 3 2,220,916

ACT 2 2,725,000

NT 1 50,000

Total 120 49,554,988

Table D3 · Commercialisation Australia program grant payments by state and territory, 2013-14

State/Territory

Total

Payments ($)

Per cent of total (%)

NSW 14,138,472 22

VIC 16,666,931 26

QLD 15,357,393 24

SA 3,263,734 5

WA 10,782,567 17

TAS 841,887 1

ACT 2,610,407 4

NT 330,950 1

Total 63,992,341 100

Note: The total figure represents the value of the payments made during the year and does not include any amounts that may have been repaid.

112

INNOVATION AUSTRALIA

APPENDIX D APPENDIX D Table D4 · Commercialisation Australia programme grant agreements executed by entity 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

121cast Pty Ltd Geckocast Platform & Cloud App 277,870 15-Apr-14

21 Century Products Limited Utilisation of a novel flow visualisation technique in aerospace, engineering & medical applications 50,000 14-Jun-15

Accessible Publishing Systems Pty Ltd Readable English 674,350 31-Jul-16

Aervision Technologies Pty Ltd Passive Biometrics for Queue Measurement 260,000 31-Mar-15

Alfred Health ReGroup: a web-based platform for healthcare knowledge 150,000 30-Jun-14

Amaero Engineering Pty Ltd Commercialisation of Laser-based Additive manufacturing

1,100,000 30-Jun-15

Automation Concepts & Solutions Pty Ltd AC&S business planning, brand positioning strategy and brand development

50,000 06-Mar-14

Biodental Remin Ltd Tooth remineralisation materials and products 644,178 30-Nov-14

Biosensis Pty Ltd Novel ELISA assay kits for the life sciences research market 273,089 31-Dec-14

Blue Ribbon Roasting Trading Pty Ltd Nut free allergy avoidance food range with a distinct nut flavour.

1,290,680 30-Sep-15

Bluedot Innovation Pty Ltd Production and Licensing of Bluedot Geolocation Software Development Kit 235,680 31-Oct-14

Bontech Pty Ltd Spilla provides the means to enable any surface pump to be used as a deep well pump. 200,074 01-Sep-14

Breakaway Innovations Pty Ltd InfoCrank Integrated Bilateral Crank-arm based Bicycle Powermeter System

250,000 17-Apr-14

Cannavan Cane Technology Pty Ltd To prove the CCT cane harvesting technology in Asian farming systems

299,296 31-May-15

CargoHound Pty Ltd Market analysis and international strategy for the first online marketplace for international freight 49,600 30-Sep-14

Cashtivity Pty Ltd Cashtivity Market Development Project 50,000 05-Jun-14

ChezLeon Pty Ltd Therapeutic support relieving lymphoedema symptoms or other fluid build-up. 49,910 16-Mar-14

Clevertar Pty Ltd Virtual Assistants for Aged Care Services 250,000 31-Dec-14

Cloud Data Centre Ltd OfficeBox: your office IT, anywhere, anytime on any device 300,000 30-Jun-14

Cloud Manager Holdings Pty Ltd Cloud Management Platform Broker 250,000 31-Dec-14

Cohortpay Pty Ltd Transforming payments in the international education industry 250,000 04-Feb-15

Covis Ventures Pty Ltd Machine-vision system for load optimisation and weight-estimation of rail cars 300,000 30-Apr-15

113

ANNUAL REPORT 2013-14

APPENDIX D

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Delaminating Resources Pty Ltd Novel system for delamination, salvage and recycling of laminated glass

495,000 17-Apr-15

Dendright Pty Limited Development and commercialisation of a novel rheumatoid arthritis vaccine 171,000 31-Dec-15

Doble Telescopic Lighting Pty Ltd Off-grid, telescopic, solar lighting and utility charging system.

387,482 30-Jun-14

Drawboard Pty Ltd Drawboard - An innovative PDF annotator for design and general applications. 250,000 31-Dec-13

Edith Cowan University Joondalup Wifi Weaver: enabling VoIP applications over WiFi Networks

50,000 30-Jun-14

EM Solutions Pty Ltd Commercialisation of a telecommunication grade fibre-speed broadband microwave radio 1,198,992 31-Dec-15

Ensurance IT Pty Ltd Online Business Insurance Aggregator Platform for the Commercial General Insurance Sector 795,692 01-Nov-15

Envirominerals Limited A new low energy electro winning process 50,000 30-Dec-14

Epicon IT Solutions Pty Ltd Commercialisation of a Novel Data Centre Management Solution 2,000,000 11-Sep-14

Essential Oils of Tasmania Pty Ltd Innovative fragrance extraction from pearls and indigenous botanical products

1,134,208 31-Oct-15

Ezifix Mining Solutions Pty Ltd Suite of innovative conveyer belt solutions for the mining and heavy industry sectors

250,000 31-Mar-15

FieldTeq Pty Limited Commercialising FieldTeq - a world first solution to maximise safety and management of all field based activities

291,016 30-Jun-14

FlowConnect Pty Ltd VisiCase Person Centred Care 659,332 30-Jun-15

Fluid Kinnect Pty Ltd In-line water hammer arrester 50,000 31-May-15

Genero Media Pty Ltd Online marketplace connecting music and brand clients with video content creators. 1,098,379 31-Oct-15

GenesFX Health Pty Ltd Pharmacy based pharmacogenomic test to predict drug response for personalised prescribing 546,498 30-Jun-15

GET Trakka Pty Ltd GET Trakka - Real-time operational protection and cost control for mine-critical assets 250,000 05-Jan-15

Global Kinetics Corporation Pty Ltd Parkinson’s KinetiGraph System for the management of Parkinson’s disease symptoms

882,871 31-Oct-14

Go Medical Industries Pty Ltd O’Neil Long Acting Naltrexone Implant 924,715 28-Jul-14

Granular Products Pty Ltd High performance BTI granule, for increased aerial mosquito control efficiency 202,500 31-Mar-15

Green Surge Pty Ltd Automating Professional Environmentally Sustainable Design Services for Australian Commercial Buildings

50,000 31-Jan-14

Greensense Pty Ltd Greensense Utility: Real-time information services for energy and water utilities. 453,836 30-Jun-15

114

INNOVATION AUSTRALIA

APPENDIX D Recipient Activity

Agreed Grant ($)

Planned Completion Date

Grey Innovation Pty Ltd Track alert system - A safety system protecting railtrack workers from collisions. 250,000 31-Dec-14

Happy Inspector Pty Ltd Commercialisation of real estate property inspection system 414,000 31-Dec-14

Health Language Analytics Pty Ltd Clinical language processing software to interpret patient records

50,000 01-Jun-15

Hillside Furniture Pty Ltd High quality, sustainable furniture made from straightened wine barrel staves. 50,000 30-Nov-13

ICM Technologies Pty Ltd System to safely isolate bulk materials handling plant to enhance safety and reduce lost time 1,836,194 30-Sep-15

iData Holdings Pty Ltd Progressive profiling & behavioural targeting platform for aggregating, analysing and monetising big data

854,754 30-Sep-15

Immunexpress Pty Ltd SeptiCyte Plus commercialisation for rapid sepsis diagnosis and better management 893,370 30-Nov-15

Ingeneus Pty Ltd State of the art medical technology manufacturing capability for small to medium enterprises 320,000 31-Aug-16

Intelligent1 Pty Ltd Complete Online Electrical Design Automation in Seconds 50,000 03-Mar-14

J.E.S.I. Management Solutions Pty Ltd

JESI - an integrated software solution for monitoring individual journeys to ensure safe arrival.

50,000 28-Feb-14

KFSU LTD World first manufacturing facility to produce

Natural Dietary Fibre from sugarcane.

1,835,000 30-Jun-15

Lazer Safe Pty Ltd IMG200, a new benchmark for Press Brake productivity 1,185,536 31-Mar-16

Linguistek Pty Ltd (trading as Credosity) Education - technology innovation for business writing

50,000 22-Jun-15

Liquid Management Group Pty Ltd Liquid State cloud-based collaborative publishing platform

350,197 01-Dec-14

Local Guardians Pty Ltd Home care business management support 250,000 30-Jun-15

Macquarie University Commercial Assessment of the Super Dot Diagnostic Technology 40,000 28-Feb-15

Magnificent Pty Ltd Strawberry harvester 250,000 30-Jun-14

Master Group (Aust.) Pty Ltd Financial modelling and risk management software for agribusiness

437,500 02-Jan-16

Medical Systems International Pty Ltd

Self-administered Pap Test Kit 50,000 30-Jun-15

Melville Diagnostics Pty Ltd Test to Identify Rogue Mutagenic Protein Activity Linked to Cancer 31,200 23-Mar-14

MetalloTek Pty Ltd Metal binding polymer for soil remediation 44,000 30-Sep-14

Mobicon Systems Pty Ltd Light-weight container handler 1,326,542 31-Mar-16

115

ANNUAL REPORT 2013-14

APPENDIX D

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Moroku Pty Ltd Moroku GameSystem: Making banking and payments fun 222,119 14-Mar-15

Newbeach MPS Pty Ltd Automated recovery and recycling of concrete product waste. 510,175 22-Jan-16

Oilpath Hydraulics Pty Ltd Oilpath HydraDrive Project 723,026 30-Sep-15

Optalert Australia Pty Ltd Personal Mobile Fatigue Management Device 1,300,000 31-Dec-14

Origination Pty Ltd Novel modular building system 742,546 30-Sep-15

OzStar Therapeutics Pty Ltd A New Combination Therapy for Treating Type 2 Diabetes Mellitus 250,000 11-May-15

Precision Alignment Equipment Pty Ltd

Improved geo-targeting of mineral deposits 479,619 30-Jun-15

Professional Development Online Pty Ltd Commercialisation of an online learning platform for Smartphones and Tablet PCs

169,500 30-Nov-15

Project Match Australia Pty Ltd Market research for a new software product targeting the resources sector

39,824 30-Jun-14

Project One Touch Pty Ltd Fast, accurate, private automated document processing for the mortgage industry 237,500 14-Aug-14

ProsPerOss Pty Ltd Device and procedure for dental implants 48,160 30-Jun-14

Q-Sera Pty Ltd Blood collection tube using a clotting agent from snake venom 112,500 31-Dec-15

Queensland Magnetic Research Pty Ltd Mobile explosive test laboratory 68,400 31-Dec-14

Quickboats Pty Ltd Launch of the Quickboat and the Quickboats business. 350,000 12-Jan-16

Real Thing Entertainment Pty Ltd Media access device for the blind and print disabled

250,000 01-Aug-14

Reposit Power Pty Ltd Automated on-market trading for electrical storage 725,000 28-Feb-16

RightCrowd Software Pty Ltd Continuous workforce assurance software for the physical enforcement of corporate

compliance goals

1,596,756 30-Jun-16

RowLoader Pty Ltd Improving soil fertility through liquid soil conditioner solutions 389,670 29-Feb-16

SafetyCulture Pty Ltd Commercialisation of SafetyCloud - a new approach to workplace safety. 1,797,146 30-Sep-15

Sea Ski Australasia Limited Evolutionary small sea vessel design 96,000 05-Aug-14

Sentry Holdings Pty Ltd as trustee for the Sentry Trust Tunnelwell® - innovative stormwater management system

250,000 31-May-15

Shark Shield Pty Ltd Electronic Shark Deterrent for Surf Boards 50,000 09-Jul-14

Sienna Cancer Diagnostics Ltd Global launch of non-invasive cancer diagnostic test exploiting unique biomarker

809,937 31-Dec-14

116

INNOVATION AUSTRALIA

APPENDIX D Recipient Activity

Agreed Grant ($)

Planned Completion Date

Sleep Innovations Pty Ltd Self-fitted mandibular advancement splint for snoring and mild sleep apnoea 50,000 01-Dec-14

Smart Arm Pty Ltd Arm rehabilitation device for stroke and brain injury survivors. 199,279 31-Dec-14

Solar Blue Innovations Pty Ltd Integrated solar desalination systems (ISDS) solar well

50,000 30-Apr-14

SPERERO Pty Ltd ‘Track Manager’ Information System to provide real time monitoring of thoroughbreds 114,000 31-Mar-15

Spinifex Resins Pty Ltd Preparation of business and strategic marketing plans for spinifex resin 50,000 30-Apr-14

Spookfish Pty Ltd SpookFish is next generation geospatial imagery 350,000 15-Jun-16

StopRotor Technology Pty Ltd Innovative aircraft platform providing greater operational capability and efficiency.

35,680 15-Jun-15

Straxcorp Pty Ltd Web-portal for online analysis of medical images for diagnosis and monitoring of bone disease. 500,000 31-Jan-16

Subcon Technologies Pty Ltd Subcon’s XSpan - simple and cost effective subsea pipeline freespan correction for shallow

and deep water.

250,000 30-Sep-14

Sun Mining Services Pty Ltd Wala - Safer, post blast fume resistant blasting 165,000 18-Mar-14

Surgiclamp Pty Ltd Surgical Blood Vessel Clamp 50,000 31-Jan-15

Surity Pty Ltd Commercialisation of a mobile pre-analytical management system (PAMS) for pathology laboratories

250,000 30-Jun-15

Sustainability Ventures Pty Ltd Innovative photoluminescent manufacturing system to increase algae productivity for

nutraceuticals.

1,272,402 01-May-15

SynFlyt Pty Ltd Synthetic flight training device 50,000 30-Apr-15

Synkinase Pty Ltd Development of a Proteomics Reagent Kit for Life Sciences 460,712 31-Jul-15

Tagly Pty Ltd Innovative service for the digital marketing

departments of large enterprises

250,000 31-Jul-14

Tera Boots Pty Ltd Evolution of the industrial safety rubber boot 50,000 21-Nov-14

The Pre-Compaction Company Pty Ltd

Business Plan for the Pre-Compaction Company’s Pre-Load Compaction Chamber 50,000 31-Mar-15

The Sydney Children’s Hospitals Network A Novel Probiotic for the Treatment of Phenylketonuria

50,000 30-May-15

The University of Western Australia Business plan for microscope-in-a-needle imaging technology

50,000 30-Nov-14

The University of Western Australia

Business planning for new cell therapy for insulin-dependent diabetics. 50,000 31-Mar-14

Tubi Pty Ltd On-site manufacture and deployment of

Polyethylene piping system

2,000,000 30-Jun-14

117

ANNUAL REPORT 2013-14

APPENDIX D

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Uniflow Power Ltd 5kW biomass-fired combined heat and power generator 250,000 15-Feb-15

UniQuest Pty Limited SupaCeed - supersized lipid droplet production in commercial crops 50,000 14-Aug-14

UniQuest Pty Limited Ripestuff- cheaper, quicker and easier fruit ripening using ethylene powder 50,000 30-Jul-14

Vascular Enhancement Technology Pty Ltd V-PUMP - reducing the incidence and severity of Deep Vein Thrombosis (DVT)

50,000 01-Dec-14

Web IP Pty Ltd Online brand protection: Protecting Australian brands, reputations and revenues. 451,996 30-Jun-15

WHR Devices Pty Ltd Six degree of freedom motion simulation platform 680,500 30-Jun-16

WULI Pty Ltd Electronic Wheel Locking Device 43,000 04-Jun-14

Zedelef Pty Ltd Optical sensing for distributed monitoring and surveillance 50,000 30-Jun-14

Zenogen Pty Ltd Electrolytic gas production catalyst: market analysis and commercial proof of concept 300,000 05-Aug-14

Total 49,554,988

118

INNOVATION AUSTRALIA

APPENDIX D Table D5 · Commercialisation Australia programme grant payments by entity, 2013-14

Organisation

Grant

Payments ($)

121cast Pty Ltd 244,310

13Text Ltd 82,933

199NFORM PTY LTD 66,110

21 Century Products Limited 35,257

A W Bell Pty Ltd 428,967

A.E.M. Corporation Pty Ltd 290,763

Access Innovation Holdings Pty Ltd 111,625

Accessible Publishing Systems Pty Ltd 202,941

Accugen Pty Limited 116,564

Adelaide Research & Innovation Pty Ltd atf Adelaide Research 12,500

Admedus Regen Pty Ltd 1,792,669

Advanced Braking Pty Ltd 100,000

Aerofloat (Australia) Pty Ltd 113,178

Affinity Biosciences Pty Ltd 31,045

AgDNA Pty Ltd 144,575

Agent Oriented Software Pty Ltd 70,125

Ahi Enterprises Pty Ltd 59,308

Air Tip Pty Ltd 151,623

Alcidion Corporation Pty Ltd 98,200

Alfred Health 108,778

AllMaster Software Pty Ltd 58,605

Amaero Engineering Pty Ltd 653,758

Applied Physiology Pty Ltd 26,340

Appointuit Pty Ltd 43,182

AQ1 Systems Pty Ltd 223,754

Aquahydrex Pty Limited 53,755

Arrow Research Corporation Pty Ltd 271,781

Asdeq Labs Pty Ltd 62,500

Assetic Australia Pty Ltd 45,374

AtCor Medical Pty Ltd 75,118

Atomo Diagnostics Pty Ltd 291,807

Organisation

Grant

Payments ($)

Australian BioRefining Pty Ltd 99,517

Australian Rig Construction Pty Ltd 723,831

Australian U-Fit Security Pty Ltd 2,500

Automation Concepts & Solutions Pty Ltd 47,500

AVSS Group Pty Ltd 112,743

Bancaz Pty Limited 265,074

Billcap Pty Ltd 11,125

Biobike Pty Ltd 9,982

Biodental Remin Ltd 441,650

BioHerbicides Australia Pty Ltd 181,921

Bio-Layer Pty. Limited 1,046,691

Biosensis Pty Ltd 185,176

Blamey & Saunders Hearing Pty Ltd 18,870

Bliip Global Employability Pty Ltd 26,700

Blue Ribbon Roasting Trading Pty Ltd 519,702

Bluedot Innovation Pty Ltd 219,196

Boardcave.com Pty Ltd 17,220

Bontech Pty Ltd 150,795

Boss Engineering Pty Ltd ATF Boss Engineering Unit Trust 300,855

Braendler Engineering Pty Ltd 98,094

Brandscope Pty Ltd ATF the Brandscope Unit Trust 154,098

Breakaway Innovations Pty Ltd 237,500

Bright Devices Group Pty Ltd 25,500

Buildings Alive Pty Ltd 287,527

Business Ready Tool Pty Ltd 14,440

Calpain Therapeutics Pty Ltd 54,899

Cannavan Cane Technology Pty Ltd 188,337

Canva Pty Ltd 777,097

CargoHound Pty Ltd 44,660

Cashtivity Pty Ltd 47,500

119

ANNUAL REPORT 2013-14

APPENDIX D

Organisation

Grant

Payments ($)

Ceramisphere Pty Ltd 23,145

ChezLeon Pty Ltd 47,414

Children’s Medical Research Institute 41,100

Chip Tyre Pty Ltd 6,520

Cintep Pty Ltd 268,822

Clarinox Technologies Pty Ltd 289,572

Clarity Pharmaceuticals Pty Ltd 85,000

Clevertar Pty Ltd 114,264

Close Comfort Pty Ltd 2,500

Cloud Data Centre Ltd 285,000

Cloud Manager Holdings Pty Ltd 121,714

Cohortpay Pty Ltd 124,159

ConnectiX Technologies Pty Ltd 45,820

Controlabill Pty Ltd 65,050

Conveyor Innovations International Pty Ltd 227,394

Cospective Pty Ltd 19,954

Covis Ventures Pty Ltd 200,259

CP Brothers Pty Ltd 12,481

CriticalArc Pty Ltd 82,655

Croker Oars Pty Ltd 24,219

CryptoPhoto.com Pty. Ltd. 2,500

CSG Enviro Services Pty Ltd 4,593

CV Check Pty Ltd 107,031

Deakin University 35,714

Dejai Live Pty Ltd 9,294

Delaminating Resources Pty Ltd 287,785

Direct Marketing Software Pty Ltd 134,914

Doble Telescopic Lighting Pty Ltd 368,108

Dr Greg Szto Pty Ltd 118,577

Dr Peter Bell & Associates Pty Ltd 2,500

Drawboard Pty Ltd 206,134

Organisation

Grant

Payments ($)

Easy Stairs Pty Ltd 22,947

Eco Pacific Pty Ltd 306,724

Ecocentric Energy Pty Ltd 237,500

Edith Cowan University Joondalup 47,500

EFTlab Pty Ltd 81,326

ElisaKit.com Pty Ltd 192,668

EM Solutions Pty Ltd 269,905

Empower Energy Pty Ltd 64,620

Energy Hub Pty Ltd 192,042

e-Nitiatives.com Pty Ltd 175,000

Ennova Pty Ltd 12,427

Ensurance IT Pty Ltd 209,993

Epicon IT Solutions Pty Ltd 1,575,407

Episoft Pty Ltd 237,500

Eye Co Pty Ltd 4,359

Ezifix Mining Solutions Pty Ltd 115,074

FieldTeq Pty Limited 276,465

FirstPhysio Pty Ltd Trading as Halo Medical Devices 60,000

Fitgenes Pty Ltd 19,690

FlowConnect Pty Ltd 330,769

FlowFX Pty Ltd 107,937

Fluid Kinnect Pty Ltd 28,434

Force Industries Pty Ltd 2,000

Freeform Connect Pty Ltd 95,000

Frelk Industries Pty Ltd 2,500

From Concept To Completion (Franchise) Pty Ltd

296,715

Fulcrum3D Pty Ltd 266,818

Gao Fu Australia Pty Ltd 686,225

Genero Media Pty Ltd 11,433

Genix Ventures Pty Ltd 110,779

Geo Oceans Pty Ltd 46,641

120

INNOVATION AUSTRALIA

APPENDIX D Organisation

Grant

Payments ($)

GET Trakka Pty Ltd 148,357

GI Therapies Pty Ltd 156,500

Global Kinetics Corporation Pty Ltd 498,126

Globaltech Corporation Pty Ltd 740,004

Go Medical Industries Pty Ltd 878,479

Granular Products Pty Ltd 48,705

Grazer Pty Ltd 7,405

Green Distillation Technologies Pty Ltd 1,641,983

Green Surge Pty Ltd 47,500

Greensense Pty Ltd 118,726

Grey Innovation Pty Ltd 192,103

Hanuman Pty Ltd 4,835

Happy Inspector Pty Ltd 314,000

Harmonix Instruments Pty Ltd 1,727

Health Language Analytics Pty Ltd 18,000

Health Risk Management Systems Pty Ltd 26,252

Health-e Workforce Solutions Pty Ltd 147,869

HEX Systems Pty Ltd 15,960

Hexcyl Systems Pty Ltd 213,851

Hexima Ltd 62,315

Hillside Furniture Pty Ltd 47,500

HiSeis Pty Ltd 819,345

HP. Wellhead Solutions Pty Ltd 15,970

HubCare ANZ Pty Ltd 223,501

HySSIL Pty Ltd 296,865

IAH Sales Pty Ltd 67,103

iCetana Pty Ltd 48,233

ICM Technologies Pty Ltd 458,328

iDataMap Corporation Pty Ltd 57,300

Immersaview Pty Ltd 486,683

Immunexpress Pty Ltd 263,583

Organisation

Grant

Payments ($)

Inertial Orthopaedic Navigation Solutions Pty Ltd 14,584

Inhouse Group Pty Ltd 381,468

Innovate AG Pty Ltd 312,932

Inovas Pty Ltd 881,238

IntaCept Pty Ltd 7,408

Intelligent Automation Pty Ltd 2,500

Intelligent1 Pty Ltd 47,500

iWebGate Technology Limited 825,349

J.E.S.I. Management Solutions Pty Ltd 47,500

JAG Mayer Pty Ltd 34,830

Jobfit Systems International Pty Ltd 59,582

Joinlox Pty Ltd 370,012

Jumbo Vision International Pty Ltd 69,937

Keith Engineering (Australia) Pty Ltd 609,961

KFSU LTD 1,203,209

Lazer Safe Pty Ltd 410,907

LED Investments Pty Ltd 188,873

Lincrobotics Pty Ltd 183,325

Linguistek Pty Ltd (trading as Credosity)

33,900

Liquid Management Group Pty Ltd 264,933

Livac Pty Ltd 92,890

Lockpost Pty Ltd 10,000

Looped Pty Ltd 72,098

Machinery Safety Systems Pty Ltd 39,024

Madeleine Pharmaceuticals Pty Ltd 684,631

Magnetica Limited 532,337

Magnificent Pty Ltd 202,220

Mainstream Aquaculture Pty Ltd 911,498

Mandra IT Pty Ltd 144,792

Marketech Pty Ltd (FastIQ) 7,000

Master Group (Aust.) Pty Ltd 228,167

121

ANNUAL REPORT 2013-14

APPENDIX D

Organisation

Grant

Payments ($)

Maxbend Pty Ltd 43,900

Measurement Engineering Australia Pty Ltd 114,481

Melville Diagnostics Pty Ltd 29,640

Mesaplexx Pty Ltd 46,245

Metal Science Technologies Pty Ltd 8,050

MetalloTek Pty Ltd 32,000

Metis Technologies Pty Ltd 16,500

Miiingle Technologies Pty Ltd 2,500

Mobicon Systems Pty Ltd 270,934

Mobile Communications (Qld) Pty Ltd 38,947

MobiLIFE Pty LTd 11,900

Motorcycle Innovation Pty Ltd 6,800

Nautspill Pty Ltd 18,584

NemGenix Pty Ltd 90,769

Neo-Rehab Pty Ltd 142,322

NewAudio Pty Ltd 29,553

Next Instruments Pty Ltd 70,204

Nexvet BioPharma Pty Ltd 1,341,872

No Snow Ski Pty Ltd 15,897

Novadien Healthcare Pty Ltd 133,108

Nutrakol Pty Ltd atf Kolkovski Family Trust

132,534

OEM Viridi Pty Ltd 641,672

Oilpath Hydraulics Pty Ltd 310,218

Omega Medical Design Pty Ltd 2,399

Omniblend Pty Ltd 542,754

One Atmosphere Pty Ltd 138,773

On-Market Bookbuilds Pty Ltd 884,085

Optalert Australia Pty Ltd 692,480

Optimized Ortho Pty Ltd 424,647

Organic Response Investors Pty Limited 50,471

Origination Pty Ltd 143,148

Organisation

Grant

Payments ($)

Other Levels Pty Ltd 20,890

Otifex Therapeutics Pty Ltd 27,500

Outotec Pty Ltd 175,956

Owen Custom Products Pty Ltd 8,546

OzStar Therapeutics Pty Ltd 134,168

PAFtec Australia Pty Ltd 307,614

Paloma Mobile Pty Ltd 170,500

Palos Verdes International Pty Ltd 61,476

Paper Friendly Pty Ltd 144,329

Pepfactants Pty Ltd 22,740

Performance Assurance Pty Ltd 2,198

Perimeter Security Industries Pty Ltd 228,580

PolyGenomX Limited 57,801

Posse Holdings Pty Ltd 69,915

Precision Alignment Equipment Pty Ltd 373,474

Precision Pastoral Pty Ltd 138,767

Preg Tech Pty Ltd 2,000

Professional Development Online Pty Ltd 44,834

Progel Pty Ltd 194,605

Progressclaim.com Pty Ltd 10,431

Project Match Australia Pty Ltd 37,833

Project One Touch Pty Ltd 211,712

ProsPerOss Pty Ltd 45,752

Proteomics International Pty Ltd 455,563

Pryzer Pty Ltd 36,756

Queensland Magnetic Research Pty Ltd 44,251

Quickboats Pty Ltd 87,500

R:Fifteen Pty Ltd 8,625

Radotec Pty Ltd ATF Radotec Trust 12,500

Real Thing Entertainment Pty Ltd 226,092

Red Back Spider Publishing Pty Ltd 1,925

122

INNOVATION AUSTRALIA

APPENDIX D Organisation

Grant

Payments ($)

Red Scout Pty Ltd 41,890

Reposit Power Pty Ltd 195,815

RESA Operations Pty Ltd 4,213

RightCrowd Software Pty Ltd 195,219

Rinstrum Pty Ltd 484,071

Roden Genetics P/L ATF The Trustee for Appleton Family Trust 6,624

Rome2rio Pty Ltd 539,303

Run With Robots Pty Ltd 11,499

Sabre Autonomous Solutions Pty Ltd 646,000

Safergate Group Pty Ltd 73,116

SafetyCulture Pty Ltd 575,428

Scantech Limited 33,918

Sea Ski Australasia Limited 91,200

Seafoods Tasmania Pty Ltd 6,250

Seasafe Pty Ltd 8,304

See-Out Pty Ltd 27,100

Senath Pty Ltd 115,200

Sensear Pty Ltd 802,939

Sentient Vision Systems Pty Ltd 1,983

Sentry Holdings Pty Ltd as trustee for the Sentry Trust 119,450

Shark Shield Pty Ltd 47,500

Shift Geophysics Pty Ltd 6,000

SHOPREPLY PTY LTD 464,586

Sienna Cancer Diagnostics Ltd 476,709

Signature Design Archive Pty Ltd 164,240

Silicon Fertilisers Pty Ltd 82,758

Skrydata Pty Ltd 369,535

Smart Arm Pty Ltd 106,062

Smart Services CRC Pty Ltd 12,500

Smart Steel Systems Pty Ltd 273,933

SmartVet Pty Ltd 216,142

Organisation

Grant

Payments ($)

Smartward Pty Ltd 601,655

Snap Network Surveillance Pty Limited 149,320

Softchill Pty Ltd 10,000

Soilkee Pty Ltd 105,948

Solar Blue Innovations Pty Ltd 37,499

Southern Payment Systems Pty Ltd 11,947

Spinifex Resins Pty Ltd 40,560

Spintech Oceania Pty Ltd 850,230

Spookfish Pty Ltd 50,941

StarVac Systems Pty Ltd 62,925

Stochastic Simulation Ltd 175,000

Strategic Lighting Pty Ltd 38,550

Straxcorp Pty Ltd 126,573

Subcon Technologies Pty Ltd 215,844

Sun Mining Services Pty Ltd 156,750

Super Star Toilet System Pty Ltd 43,332

Sustainability Ventures Pty Ltd 776,004

Swinburne University of Technology 2,500

Switch Automation Pty Ltd 383,939

Synkinase Pty Ltd 342,051

Synthetica Holdings Pty Ltd 40,400

T 2 Green Pty Ltd 950

Tagly Pty Ltd 173,606

Talon Technology Pty Ltd 96,363

Tapestry Pty Ltd 126,043

Tasweld Engineering Pty Ltd 16,027

TenasiTech Pty Ltd 107,267

Tera Boots Pty Ltd 40,000

The Allergy Menu Pty Ltd 23,800

The Florey Institute of Neuroscience and Mental Health 61,092

The Sydney Children’s Hospitals Network 27,106

123

ANNUAL REPORT 2013-14

APPENDIX D

Organisation

Grant

Payments ($)

The University of Western Australia 88,593

Trades Cloud Pty Ltd 134,874

Training Evidence Systems Pty Ltd 77,737

Transtainer Sales and Leasing Pty Ltd 60,886

Tricon Defence Pty Ltd 5,960

Trinity Software Australia Pty Ltd 150,816

TripleThink Pty Ltd 2,428

Tritium Pty Ltd 346,269

Tubi Pty Ltd 1,900,000

Ulco Engineering Pty Ltd 9,200

Uniflow Power Ltd 104,282

UniQuest Pty Limited 94,500

University of Southern Queensland 2,159

University of Wollongong 21,600

UoM Commercial Ltd 1,952

Urban Ecological Systems Australia Pty Ltd 95,500

Vascular Enhancement Technology Pty Ltd 47,500

Viocorp International Pty Ltd 51,923

Volt4 Pty Ltd 228,031

Voztec Pty Ltd 12,500

VRT Innovations Ltd 136,310

Web IP Pty Ltd 225,998

WeBunch Pty Ltd 55,000

WULI Pty Ltd 40,850

Yackstar Pty Ltd 1,868

Zedelef Pty Ltd 47,500

Zenogen Pty Ltd 262,928

Ziltek Pty Ltd 128,800

Total 63,992,341

124

INNOVATION AUSTRALIA

APPENDIX E appendix e

R&D Tax Incentive

table e1 List of Research Service Providers

Note: Appendix E, table E1 is prepared in accordance with section 46 (2) (c) (i) of the IR&D Act 1986.

125

ANNUAL REPORT 2013-14

APPENDIX E

TABLE E1 · LIST OF RESEARCH SERVICE PROVIDERS Name RSP No. Contact Registered ANZSRC

4 Design Pty Ltd 45562 Suite 1, Level 1

83-85 Foveaux Street SYDNEY NSW 2010

Mr R Wells - 02 9280 4454

0702, 0706, 0799, 0803, 0806, 0899, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1005, 1006, 1101, 1103, 1199

ABU Engineering Pty Ltd 37188 77 Malcolm Road BRAESIDE VIC 3195

Mr S Buntz - 03 8587 8700

0502, 0699, 0703, 0901, 0902, 0903, 0904, 0907, 0910, 1005, 1099, 1199, 1204, 1299, 1507

ACA Low Emission Technologies Limited

44491 Level 12

167 Eagle Street BRISBANE QLD 4000

Mr M Finney - 07 3229 7661

0915

Access Macquarie Ltd 15910 Level 1, EMC2 Building 3 Innovation Road

MACQUARIE UNIVERSITY NSW 2109

Mrs V Mohan-Ram - 02 9805 3125

0104, 0202, 0205, 0299, 0301, 0302, 0306, 0401, 0402, 0403, 0404, 0499, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0704, 0706, 0799, 0803, 0806, 0906, 0908, 0910, 0912, 0999, 1001, 1005, 1006, 1108, 1115, 1117, 1199

Adelaide Research & Innovation Pty Ltd 11564 Level 14, 115 Grenfell Street ADELAIDE SA 5000

Mr R Chalmers - 08 8313 5020

0205, 0302, 0304, 0702, 0704, 0706, 0803, 0806, 0901, 0904, 0905, 0906, 0908, 0912, 0913, 1001, 1005, 1006, 1115,

Advanced Braking Pty Ltd 38957 PO Box 1177

OSBORNE PARK WA 6916

Mr G Sumner - 08 9273 4829

0913

Advanced Composite Structures Australia Pty Ltd

89139 Unit 1, 320 Lorimer Street PORT MELBOURNE VIC 3207

Prof M Scott - 03 9676 4950

0901, 0910, 0912

AECOM Australia Pty Ltd 42976 PO Box 1307

FORTITUDE VALLEY QLD 4006

Mr W Absolon - 07 3553 3000

0906, 0912, 0913, 0999

Agricultural Business Research Institute

2939 University of New England ARMIDALE NSW 2351

Dr D Goosen - 02 6773 3555

0702, 0803, 1001

Agritechnology Pty Ltd

17439 36 Underwood Road BORENORE NSW 2800

Mr D MacLennan - 02 6365 2266

0501, 0601, 0604, 0605, 0704, 0799, 0904, 1104

Akyman Investments Pty. Ltd. 80266 10 Birdwood Street BENTLEIGH EAST VIC 3165

Mr M Nicolau - 03 9570 8787

0802, 0803, 0806, 0899, 1005, 1099

Alexander S Richardson Pty Ltd 45726 Unit 16, 16 Narabang Way BELROSE NSW 2085

Mr A Richardson - 02 9986 3890

0799, 0899, 0906, 0910, 0912, 0913, 0999, 1005, 1006

Applidyne Australia Pty Ltd 45496 27 Queen Street THEBARTON SA 5031

Mr P van de Loo - 08 8234 8211

0101, 0901, 0906, 0910, 0913

126

INNOVATION AUSTRALIA

APPENDIX E Name RSP No. Contact Registered ANZSRC

APS Innovations Pty Ltd 90344 41/756 Burwood Hwy FERNTREE GULLY VIC 3156

Mr C MacLeod - 03 9752 2144

0915

ARRB Group Limited 11872 PO Box 512

LEEDERVILLE WA 6903

Mr P Damen - 08 9227 3000

0302, 0803, 0806, 0905, 0912, 0913, 0914, 0999, 1005, 1006, 1402, 1507

Asset Institute Limited

99746 GPO Box 2434 Queensland University of Technology BRISBANE QLD 4001

Prof J Mathew - 07 3138 2410

0804, 0915, 1099, 1503

Atamo Pty Ltd 90436 21 River Road

BAYSWATER WA 6053

Mr S Snell - 08 9378 4252

0802, 0899, 0906, 1006

Austin Health 16114 PO Box 5555

HEIDELBERG VIC 3084

Dr B Murphy - 03 9496 5000

0301, 0304, 0601, 0605, 0608, 0702, 0806, 0999, 1101, 1103, 1107, 1108, 1109, 1115, 1117

Australasian Furnishing Research & Development Institute Ltd

15703 PO Box 2042

LAUNCESTON TAS 7250

Mr R Panitzki - 03 6326 6155

0910, 0912, 0913, 0999

Australian Coal Research Ltd

18125 Suite 12, Level 8, 320 Adelaide Street BRISBANE QLD 4000

Mr M Bennetts - 07 3010 9717

0301, 0302, 0304, 0402, 0403, 0404, 0406, 0503, 0608, 0703, 0704, 0705, 0706, 0799, 0803, 0806, 0904, 0905, 0906, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1117

Australian Genome Research Facility Ltd 36901 Level 5, Gehrmann Laboratories, University of Queensland

ST LUCIA QLD 4072

Mr I Wilson - 03 9321 3728

1001

Australian Institute of Marine Science 13413 PMB No 3, Townsville Mail Centre TOWNSVILLE QLD 4810

Mr V Bayer - 07 4753 4261

0302, 0402, 0405, 0601, 0603, 0605, 0607, 0608, 0704, 1001

Australian Museum Trust

17433 6 College Street

SYDNEY NSW 2010

Ms M Kauter - 02 9320 6457

0403, 0499, 0601, 0603, 0605, 0607, 0608, 0699, 0704, 0705, 0799, 0999, 1001

Australian Nuclear Science & Technology Organisation (ANSTO)

12657 Private Mail Bag 1

MENAI NSW 2234

Ms R Robinson - 02 9717 9905

0102, 0103, 0104, 0105, 0199, 0201, 0202, 0204, 0205, 0299, 0301, 0302, 0303, 0304, 0306, 0399, 0401, 0402, 0404, 0405, 0406, 0501, 0502, 0503, 0601, 0603, 0605, 0699, 0701, 0703, 0704, 0804, 0903, 0904, 0907, 0908, 0910, 0912, 0914, 0999, 1001, 1002, 1004, 1007, 1101, 1109, 1115, 1117

Australian Proteome Analysis Facility Ltd 37823 Building F7B, Research Park Drive Macquarie University

SYDNEY NSW 2109

Prof M Molloy - 02 9850 8211

0601, 0605, 0702, 0703, 0707, 1001, 1101, 1107, 1108, 1109

Australian Sports Commission 16904 PO Box 176

BELCONNEN ACT 2616

Dr N Brown - 02 6214 1721

0299, 0601, 0803, 0908, 0910, 0912, 0999

127

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

Australian Survey Research Group Pty Ltd

40503 PO Box 340

ORMOND VIC 3204

Dr D Willcox - 03 9578 5211

0104, 0199, 0803, 0806, 0899, 0999

Australian Water Quality Centre 40370 GPO Box 1751, SA Water ADELAIDE SA 5000

Mr M Burch - 08 7424 1012

0301, 0302, 0304, 0601, 0603, 0605, 0904, 0905

Australian Wine Research Institute 8845 PO Box 197

GLEN OSMOND SA 5064

Dr D Johnson - 08 8313 6610

0301, 0304, 0605, 0799, 0908, 0910, 1001

Australian Wool Testing Authority Ltd

03233 PO Box 240

NORTH MELBOURNE VIC 3051

Mr I Ashman - 03 9371 2101

0910, 0912, 0999

B&S Precision Engineering Pty Ltd 45935 67 Voltri Street MENTONE VIC 3194

Mr R Bauer - 03 9584 1630

0901, 0902, 0903, 0904, 0905, 0906, 0907, 0908, 0909, 0910, 0911, 0912, 0913, 0914, 0999, 1005, 1006, 1007

Bioscience Pty Ltd 89461 PO Box 5466

CANNINGVALE SOUTH WA 6155

Dr P Keating - 08 9397 2446

0301, 0304, 0305, 0501, 0502, 0503, 0601, 0602, 0603, 0604, 0605, 0607, 0701, 0703, 0705, 0706, 0907, 1001, 1002, 1003

Biotest Laboratories Pty Ltd 87974 2 Darnick Street UNDERWOOD QLD 4119

Ms N Ross - 07 3841 2232

0301, 0304, 0601, 0605, 0699, 0707, 1003, 1117

Birchip Cropping Group Incorporated 33278 PO Box 85

BIRCHIP VIC 3483

Mr C Sounness - 03 5492 2787

0503, 0703

BirdLife Australia 16460 Green Building Suite 2-05 CARLTON VIC 3053

Mr J O’Connor - 03 9347 0757

0603, 0608, 0699

Bond University Ltd 13091 Bond University Research Office 14 University Drive ROBINA QLD 4226

Mr A Calder - 07 5595 4162

0502, 0704, 0806, 1103, 1106, 1115, 1117, 1202, 1402, 1501, 1502, 1503, 1602, 1701, 1801

Botanic Gardens and Parks Authority 16407 Fraser Avenue WEST PERTH WA 6005

Dr K Dixon - 08 9480 3605

0501, 0502, 0503, 0599, 0601, 0602, 0603, 0604, 0605, 0606, 0607, 0608, 0699, 0703, 0705, 0706, 0799, 1001, 1002

Botanical Resources Australia - Agricultural Services P/L

35512 PO Box 852

SANDY BAY TAS 7006

Mr B Chung - 03 6224 4511

0503, 0607, 0703, 0706, 0799

Central Queensland University A3534 Office of Research, Bldg 361 NORTH ROCKHAMPTON QLD 4701

Prof G Stanley - 07 4930 6437

0205, 0301, 0304, 0406, 0502, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0701, 0702, 0703, 0704, 0706, 0799, 0801, 0803, 0806, 0901, 0904, 0905, 0906, 0907, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1106, 1107, 1108, 1110, 1117, 1199, 1301, 1302, 1303, 1501, 1503, 1599, 1607, 1608, 1701, 1801, 1899, 1904

128

INNOVATION AUSTRALIA

APPENDIX E Name RSP No. Contact Registered ANZSRC

Centre for Digestive Diseases Pty Ltd 25288 Level 1, 229 Great North Road FIVE DOCK NSW 2046

Prof T Borody - 02 9713 4011

0999, 1103, 1115

Charles Darwin University

13420 Casuarina Campus DARWIN NT 0909

Prof S Bell - 08 8946 6868

0603, 0704, 0799, 0906, 0999, 1103

Charles Sturt University

35721 Locked Bag 588

WAGGA WAGGA NSW 2678

Prof A Bishop - 02 6933 2406

0101, 0104, 0199, 0201, 0202, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0401, 0402, 0403, 0406, 0499, 0502, 0503, 0601, 0603, 0604, 0605, 0607, 0608, 0699, 0701, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0801, 0803, 0806, 0807, 0899, 0908, 0999, 1001, 1005, 1006, 1101, 1103, 1104, 1105, 1106, 1107, 1108, 1109, 1110, 1115, 1116, 1117, 1199, 1301, 1302, 1303, 1402, 1499, 1501, 1503, 1506, 1599, 1602, 1605, 1607, 1608, 1699, 1701, 1702, 1799, 1801, 1899, 1902, 1904, 1905, 2001, 2002, 2102, 2203, 2204, 2299

Charlwood Design Pty Ltd 34122 50 Glasshouse Road COLLINGWOOD VIC 3066

Mr P Charlwood - 03 9416 1611

0910, 0913, 0915, 0999, 1006, 1199

ChemCentre 16360 PO Box 1250

BENTLEY DELIVERY CENTRE WA 6983

Mr P Millington - 08 9422 9800

0301, 0302, 0303, 0304, 0305, 0306, 0399, 0401, 0402, 0501, 0502, 0503, 0599, 0701, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0803, 0806, 0908, 1001, 1002, 1003, 1115, 1117

Clarinox Technologies Pty Ltd 24480 Suite 28-29, 296 Bay Road CHELTENHAM VIC 3192

Ms P Messiter - 03 9095 8088

0899, 0906, 1005, 1006, 1199

Clarity Pharmaceuticals Pty Ltd

87582 National Innovation Centre 4 Cornwallis Street EVELEIGH NSW 2016

Mr M Harris - 02 9209 4037

0399, 0601, 1101

CMD Product Design & Innovation Pty Ltd

45754 PO Box 2148

TOOWONG QLD 4066

Ms R Cooper - 07 3371 9189

0899, 0910, 0912, 0913, 0999, 1199

Composite Developments Pty Ltd

86671 PO Box 6438

NORTH SYDNEY NSW 2059

Mr C Doubae - 1800 776195

0305, 0399, 0501, 0502, 0503, 0599, 0701, 0703, 0803, 0806, 0904, 0906, 0907, 0910, 0911, 0913, 0914, 1001, 1002, 1003, 1006, 1099, 1503, 1902

COOE Pty Ltd 95728 PO Box 591

LITTLEHAMPTON SA 5250

Mr J Mifsud - 08 8362 4282

0303, 0402, 0502, 0799

CRC for Advanced Composite Structures Ltd

18231 1/320 Lorimer Street PORT MELBOURNE VIC 3207

Prof M Scott - 03 9676 4900

0901, 0905, 0910, 0912, 0913, 0999

129

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

CSIRO 12601 Ministerial and Parliamentary

Liasion Office PO Box 225 DICKSON ACT 2602

Ms K Shrives - 02 6276 6682

0101, 0103, 0104, 0199, 0201, 0203, 0204, 0299, 0301, 0302, 0303, 0305, 0306, 0307, 0401, 0402, 0403, 0404, 0405, 0501, 0502, 0503, 0601, 0602, 0603, 0604, 0605, 0607, 0608, 0699, 0701, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0801, 0803, 0804, 0806, 0807, 0901, 0904, 0906, 0908, 0910, 0912, 0913, 0914, 1001, 1002, 1003, 1004, 1005, 1006, 1107, 1109, 1111, 1115

Curtin University of Technology 12631 Office of Research and Development

GPO Box U1987 PERTH WA 6845

Prof G Wright - 08 9266 3045

0101, 0104, 0202, 0301, 0402, 0403, 0404, 0499, 0502, 0603, 0604, 0608, 0702, 0703, 0704, 0706, 0799, 0803, 0806, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1103, 1111, 1115, 1117, 1199, 1202, 1205, 1505, 1506, 1606

Cyntila Pty Ltd 45700 9 Business Park Drive

NOTTING HILL VIC 3168

Mr S Lacey - 03 9544 0099

0803, 0806, 0899, 0906, 0912, 0913, 0999, 1005, 1006

D3 Product Design Pty Ltd 19240 106 Boundary St PADDINGTON NSW 2021

Mr C Solari - 02 9361 6477

0913

Dairy Innovation Australia Limited 19143 180 Princes Highway WERRIBEE VIC 3030

Dr I Powell - 03 9974 8910

0301, 0601, 0605, 0904, 0908, 0910, 0913, 0915, 1101, 1111

Datapharm Australia Pty Ltd 88122 PO Box 220

FIVE DOCK NSW 2046

Dr H Allars - 02 9719 2800

0104, 0199, 0799, 0903, 1004, 1103, 1104, 1105, 1199, 1605

Deakin University 30741 Locked Bag 20000 GEELONG VIC 3220

Mr C Thompson - 03 5227 2159

0101, 0104, 0199, 0301, 0302, 0304, 0306, 0399, 0403, 0405, 0406, 0499, 0502, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0704, 0799, 0801, 0802, 0803, 0806, 0899, 0903, 0905, 0906, 0908, 0910, 0912, 0913, 0999, 1001, 1005, 1101, 1103, 1106, 1108, 1109, 1110, 1113, 1115, 1116, 1117, 1199, 1201, 1202, 1301, 1302, 1303, 1401, 1402, 1403, 1499, 1501, 1502, 1503, 1506, 1599, 1605, 1606, 1608, 1701, 1801, 1904, 1999, 2001, 2002, 2005, 2103, 2203

Defence Science and Technology Organisation

13288 DSTO Edinburgh PO Box 1500 Edinburgh SA 5111

Dr W Harch - 08 7389 5586

0202, 0205, 0299, 0301, 0302, 0304, 0306, 0803, 0806, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1005, 1006

Department of Agriculture, Fisheries and Forestry (Queensland)

3919 GPO Box 46

BRISBANE QLD 4001

Mr J Chapman - 07 3239 3033

0601, 0605, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0908, 1001

Department of Environment and Primary Industries

39035 Arthur Rylah Institute PO Box 137 HEIDELBERG VIC 3084

Ms C Wong - 03 9450 8600

0402, 0403, 0404, 0406, 0503, 0603, 0607, 0608, 0704, 0705, 0799

130

INNOVATION AUSTRALIA

APPENDIX E Name RSP No. Contact Registered ANZSRC

Department of Environment & Primary Industries Victoria

39034 PO Box 500

MELBOURNE Vic 8002

Dr R Prestidge - 03 9637 9261

0104, 0301, 0302, 0304, 0402, 0403, 0404, 0406, 0503, 0601, 0603, 0605, 0607, 0608, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0803, 0806, 0908, 0910, 0912, 0999, 1001, 1005, 1199

Department of Land Resource and Management (DLRM)

18369 PO Box 496

PALMERSTON NT 831

Dr A Fisher - 08 8999 4547

0603, 0607, 0608, 0699

Department of Primary Industry and fisheries

13212 GPO Box 3000

DARWIN NT 801

Mr M Daysh - 08 8999 2300

0702, 0703, 0704, 0706, 0799

Design and Industry Pty Ltd 13279 115-121 Mullens Street BALMAIN NSW 2041

Mr M Hunter - 02 9555 1166

0910

Designworks Group Pty Ltd 95216 The Basement 416 Milton Road

BRISBANE QLD 4066

Mr W Schroeder - 07 3726 0026

0903, 0910, 0913, 0915, 1005, 1203, 1204

Diversity Arrays Technology Pty Ltd 38002 LPO Box 5067

University of Canberra BRUCE ACT 2617

Dr A Kilian - 02 6122 7319

0603, 0605, 0607, 0608, 0702, 0703, 0704, 0705, 0706, 0707, 0908, 1001, 1108

Don Alan Pty Ltd 90949 26 Bacon Street

HINDMARSH SA 5007

Mr D Kay - 08 8241 5690

0906

Edith Cowan University

13237 270 Joondalup Drive JOONDALUP WA 6027

Prof M Jones - 08 6304 5401

0502, 0602, 0603, 0606, 0607, 0608, 0801, 0803, 0806, 0899, 0906, 1005, 1103, 1106, 1109, 1110, 1117, 1301, 1302, 1303, 1402, 1501, 1502, 1503, 1505, 1506, 1602, 1608, 1701, 1901, 1903, 1904, 1905, 2001, 2002

Electro Optic Systems Pty Ltd

11786 EOS Building & Space Research Centre, Mount Stromlo Observatory WESTON CREEK ACT 2611

Dr B Greene - 02 6222 7900

0803, 0806, 0912, 0999, 1005

Ellex Medical Pty Ltd 16320 82 Gilbert Street ADELAIDE SA 5000

Ms M Maieli - 08 8104 5260

0903, 0906, 0910, 0913, 0915, 1004, 1099, 1113, 1199

Epichem Pty Ltd 40915 Murdoch University

South Street MURDOCH WA 6150

Dr W Best - 08 9360 7696

0304

Eurofins Agroscience Services Pty Ltd

2943 PO Box 972

ORANGE NSW 2800

Mr M Collett - 02 6362 4539

0503, 0702, 0703, 0706, 0799

Federation University Australia 7188 Research Services

PO Box 663 BALLARAT VIC 3353

Miss J Eltringham - 03 5327 6735

0101, 0104, 0301, 0402, 0403, 0406, 0601, 0603, 0605, 0607, 0608, 0705, 0803, 0806, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1103, 1117, 1199

131

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

Fisheries Research & Development Corporation

35410 Locked Bag 222

DEAKIN WEST ACT 2600

Mr J Wilson - 02 6285 0411

0704

Flinders Partners Pty Ltd 15696 Box 9, Mark Oliphant Building, Laffer Drive, Science Park Adelaide

BEDFORD PARK SA 5042

Mr A Francis - 08 8201 7788

0301, 0302, 0304, 0603, 0608, 0706, 0803, 0806, 0901, 0906, 0910, 0913, 0914, 0999, 1001, 1005, 1103, 1115, 1117

Florey Institute of Neuroscience & Mental Health

45845 Kenneth Myer Building Level 5 PARKVILLE VIC 3052

Dr H De Aizpurua - 03 9035 6622

0608, 1101, 1109, 1115

Forestry Tasmania 6414 PO Box 207

HOBART TAS 7001

Dr M Neyland - 03 6235 8307

0406, 0503, 0603, 0605, 0607, 0608, 0705, 0706, 0999

Form Designs Australia Pty Ltd 99499 Unit 11, 20 Sustainable Avenue BIBRA LAKE WA 6163

Miss V Khoury - 08 9418 3311

0915

Garvan Institute of Medical Research 9782 384 Victoria Street

DARLINGHURST NSW 2010

Mr P Knox - 02 9295 8133

0601, 0608, 1001, 1115, 1117

GeoConsult Pty Ltd 35343 PO Box 3324

NEWSTEAD QLD 4006

Mr W Smyth - 07 3851 7400

0403, 0404, 0803, 0999

Gilmore Engineers Pty Ltd 34439 PO Box 4037

EIGHT MILE PLAINS QLD 4113

Dr D Gilmore - 07 3853 5250

0299, 0901, 0910, 0912, 0913

Grey Innovation Pty Ltd 35842 PO Box 4239

RICHMOND VIC 3121

Mr G Michaca - 03 8459 6999

0906, 0913

Griffith University 4331 Griffith Enterprise Building N54 Room 1.06J 170 Kessels Road NATHAN QLD 4111

Ms D Caccamo - 07 3735 5513

0199, 0202, 0205, 0206, 0301, 0302, 0304, 0306, 0399, 0401, 0402, 0404, 0405, 0501, 0502, 0503, 0602, 0603, 0605, 0607, 0608, 0701, 0702, 0705, 0706, 0799, 0801, 0802, 0803, 0805, 0806, 0899, 0901, 0902, 0903, 0904, 0905, 0906, 0907, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1002, 1003, 1004, 1005, 1006, 1007, 1103, 1104, 1105, 1107, 1108, 1109, 1110, 1111, 1112, 1115, 1117, 1199, 1203, 1204, 1205, 1301, 1302, 1303, 1402, 1403, 1499, 1501, 1502, 1503, 1505, 1506, 1599, 1601, 1602, 1603, 1604, 1605, 1606, 1608, 1701, 1702, 1799, 1801, 1901, 1902, 1903, 1904, 1905, 2001, 2002, 2003, 2004, 2204

Health Language Analytics Pty Ltd 90518 16 Lodge Street

FOREST LODGE NSW 2037

Prof J Patrick - 02 9692 2848

0801

Herman Research Pty Ltd 25255 Level 1, Unit 9

677 Springvale Road MULGRAVE VIC 3170

Mr G Mahony - 03 9565 9750

0299, 0301, 0302, 0306, 0401, 0402, 0503, 0603, 0799, 0803, 0806, 0904, 0910, 0912, 0913, 0914, 0999

132

INNOVATION AUSTRALIA

APPENDIX E Name RSP No. Contact Registered ANZSRC

Hi-Tech Ag Solutions Pty Ltd 86134 24 Shanahan Road Bunbury WA 6230

Mr B Watson - 08 9725 7322

0701

HRL Testing Pty Ltd 45515 22 Corunna Street ALBION QLD 4010

Mr C Casingena - 07 3262 6207

0301, 0914

Hydrix Services Pty Ltd

43660 1044a Dandenong Road CARNEGIE VIC 3163

Mr M Brydon - 03 8573 5299

0803, 0806, 0899, 0902, 0910, 0913, 1005, 1006

I D & E Pty Ltd 43250 45/8 Avenue of the Americas

NEWINGTON NSW 2127

Mr G Sidis - 02 9647 2660

0806, 0903, 0906, 0910, 0912, 0913, 0999, 1005, 1006, 1007, 1199

IAS-Group Pty Ltd 45734 PO Box 1750

CANNING VALE WA 6970

Dr L Walker - 08 9248 9901

0905, 0910, 0911, 0912, 0913, 0914, 0999, 1201, 1202, 1299

ICP Firefly Pty Ltd 37822 PO Box 6198

ALEXANDRIA NSW 2015

Dr E Ho - 02 9310 3899

0503, 0601, 0605, 0608, 0699, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0904, 0908, 0912, 0914, 1001, 1101, 1103, 1107, 1108, 1109, 1115, 1199

Ideal Operations Pty Ltd 45709 GPO Box 3494

SYDNEY NSW 2001

Mr O Kratzer - 02 9699 8644

0902, 0910, 0913

Ideation Pty Ltd 45704 Unit 2, 107 Highbury Road

BURWOOD VIC 3125

Mr A Hooworth - 03 9808 1399

0999

IDT Australia Limited

4563 45 Wadhurst Drive BORONIA VIC 3155

Ms J Johnson - 03 9837 6402

0301, 0302, 0304, 0399, 0799, 0910, 1115, 1199

IMBcom Pty Limited 41359 Level 3, JD Story Building University of Queensland ST LUCIA QLD 4067

Mr M Toomey - 07 3365 1148

0608, 1001, 1101, 1109

INCResearch Australia

99105 PO Box 91

HINDMARSH SA 5007

Mrs L Hogan - 03 8533 6825

0606

Independent Metallurgical Operations Pty Ltd

38688 PO Box 8151

SUBIACO EAST WA 6008

Mr S McGhee - 08 9254 6900

0914

Infotronix Design Pty Ltd 89250 Unit 25, 128 Station Road SEVEN HILLS NSW 2147

Mr E de Zoeten - 02 9037 4146

0906

Innova Sierra Pty Ltd 88378 PO Box 220 PATTERSON LAKES VIC 3197

Dr B Kumble - 03 9211 6000

0914, 1005, 1108

Innovact Consulting Pty Ltd 99667 PO Box 2163

WARRADALE NTH SA 5048

Mr I Pendergrast - 08 7200 3136

0902, 0910, 0913

133

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

Interconnected Research Pty Ltd

98305 PO Box 558

GORDON NSW 2072

Dr C Wright - 02 8003 7553

0101, 0801, 0805, 1402

Invetech Pty Ltd 15291 Private Bag 44

MOUNT WAVERLEY VIC 3149

Mr H Dang - 03 9211 7700

0202, 0205, 0299, 0304, 0306, 0601, 0803, 0806, 0901, 0904, 0906, 0908, 0910, 0912, 0913, 0999, 1005, 1006, 1115

Itek Ventures Pty Ltd 90996 PO Box 546 Salisbury South ADELAIDE SA 5106

Ms S Caruso - 08 8302 5313

0101, 0102, 0104, 0301, 0302, 0304, 0306, 0399, 0402, 0403, 0502, 0599, 0799, 0801, 0803, 0806, 0899, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0915, 0999, 1001, 1003, 1004, 1005, 1006, 1007, 1099, 1103, 1104, 1106, 1107, 1110, 1111, 1115, 1117, 1199, 1201, 1205, 1299, 1503, 1505, 1599

James Cook University

3734 Campus

TOWNSVILLE QLD 4811

Mr J Taylor - 07 4781 4422

0101, 0104, 0199, 0201, 0202, 0203, 0205, 0299, 0301, 0302, 0304, 0306, 0307, 0399, 0401, 0402, 0403, 0404, 0405, 0406, 0499, 0502, 0503, 0601, 0604, 0605, 0607, 0608, 0699, 0701, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0801, 0802, 0803, 0804, 0806, 0899, 0901, 0902, 0903, 0904, 0905, 0906, 0907, 0908, 0909, 0910, 0911, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1007, 1101, 1103, 1104, 1105, 1106, 1107, 1108, 1109, 1110, 1113, 1115, 1116, 1117, 1199, 1201, 1202, 1299, 1301, 1302, 1303, 1401, 1402, 1403, 1499, 1501, 1502, 1503, 1504, 1506, 1507

Kalyx Australia Pty Ltd

32907 175 Star Street

CARLISLE WA 6101

Mr A Bacon - 1300 525 992

0703, 0706

Kennovations Pty Ltd

41843 Unit 2, 15 Waltham Street ARTARMON NSW 2064

Mrs A Lee - 02 9966 8867

0902, 0903, 0906, 0907, 0910, 0911, 0912, 0913, 0915, 0999, 1204, 1299

KWA Design Group Pty Ltd 26036 PO Box 976

CRONULLA NSW 2230

Mr K Whitley - 02 9523 4173

0899, 0906, 0910, 0912, 0913, 0999

La Trobe University 4759 Campus

BUNDOORA VIC 3086

Mr A Duncan - 03 9479 2162

0101, 0102, 0104, 0199, 0201, 0202, 0204, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0402, 0403, 0404, 0499, 0503, 0601, 0602, 0603, 0604, 0605, 0606, 0607, 0608, 0699, 0702, 0703, 0799, 0803, 0806, 0906, 0908, 0912, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1106, 1107, 1109, 1110, 1114, 1115, 1117

LC Engineering Pty Ltd

45807 PO Box 351

GOODNA QLD 4300

Mr B Leslie - 07 3436 2500

0801, 0803, 0806, 0899, 0912, 0913, 0914, 0999, 1007

Lewis Australia Pty Ltd

8833 PO Box 253

MOORABBIN VIC 3189

Mr M Hamilton - 03 9555 3666

0904, 0906, 0910, 0912, 0913, 0914

134

INNOVATION AUSTRALIA

APPENDIX E Name RSP No. Contact Registered ANZSRC

M Light Pty Ltd 95610 59A Rimfire Drive

HALLAM VIC 3803

Mr G Toth - 03 8786 3311

0205, 0599, 0906, 0910, 0915, 1099, 1299, 1599

Macquarie University

15645 Research Office

MACQUARIE UNIVERSITY NSW 2109

Prof S Pretorius - 02 9850 8645

0101, 0104, 0199, 0201, 0205, 0299, 0301, 0302, 0304, 0306, 0401, 0402, 0403, 0404, 0499, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0706, 0799, 0803, 0806, 0899, 0906, 0908, 0910, 0912, 0914, 0999, 1001, 1005, 1109, 1115, 1199

Meat & Livestock Australia Ltd 36177 Locked Bag 991

NORTH SYDNEY NSW 2059

Mr H Chin - 02 9463 9396

0304, 0499, 0601, 0608, 0699, 0702, 0703, 0707, 0908, 0910, 1117

Mimotopes Pty Ltd 34935 PO Box 1415

MDC SOUTH CLAYTON VIC 3169

Ms S Plompen - 03 9565 1144

0304, 0399, 0601, 0999, 1115

Monash University 5606 Building 3D, Clayton Campus Wellington Road CLAYTON VIC 3168

Ms H Oswald - 03 9905 3006

0101, 0104, 0199, 0201, 0202, 0205, 0301, 0302, 0304, 0306, 0399, 0401, 0402, 0403, 0406, 0499, 0601, 0603, 0605, 0607, 0608, 0699, 0702, 0703, 0803, 0806, 0899, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1101, 1103, 1107, 1108, 1109, 1115, 1117, 1199

Murdoch Childrens Research Institute 13219 Royal Childrens Hospital Flemington Rd PARKVILLE VIC 3052

Mr J Dakin - 03 8341 6299

0601, 0806, 0999, 1001, 1103

Murdoch University 12643 South St MURDOCH WA 6150

Dr K Shaw - 08 9360 7260

0101, 0104, 0202, 0299, 0301, 0302, 0304, 0401, 0503, 0601, 0603, 0605, 0607, 0702, 0703, 0704, 0705, 0706, 0707, 0803, 0806, 0899, 0906, 0908, 0910, 0912, 0914, 0999, 1001, 1005, 1101, 1103, 1108, 1115, 1199

National Ageing Research Institute 19178 PO Box 2127

Royal Melbourne Hospital MELBOURNE VIC 3050

Prof D Ames - 03 8387 2305

0899, 1103, 1115, 1117, 1605, 1607, 1608, 1701, 1702, 2201

National ICT Australia Limited 45257 Locked Bag 9013 ALEXANDRIA NSW 1435 Mr A Hemraj - 02 9376 2114

0199, 0803, 0806, 0899, 0999, 1001, 1005, 1006, 1199

National Measurement Institute

79967 PO Box 264

WEST LINDFIELD NSW 2070

Dr R Warrrington - 02 8467 3640

0199, 0202, 0203, 0205, 0206, 0299, 0301, 0302, 0303, 0304, 0305, 0306, 0399, 0401, 0402, 0405, 0502, 0503, 0599, 0601, 0604, 0605, 0606, 0699, 0701, 0706, 0799, 0899, 0903, 0906, 0908, 0910, 1001, 1002, 1003, 1004, 1005, 1007, 1101, 1103, 1108, 1112, 1115, 1299, 1399, 1801

Neuroscience Research Australia 30945 PO Box 1165

RANDWICK NSW 2031

Prof P Schofield - 02 9399 1604

0910, 0999, 1001, 1103, 1109, 1115, 1117

135

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

Newcastle Innovation Ltd

5313 Industry Development Centre University Drive CALLAGHAN NSW 2308

Mr C Kelleher - 02 4921 8777

0101, 0104, 0201, 0202, 0301, 0302, 0304, 0305, 0306, 0401, 0402, 0403, 0404, 0406, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0706, 0803, 0806, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1107, 1108, 1109, 1115, 1117

NewSouth Innovations Pty Ltd 6566 Rupert Myers Building University of NSW

SYDNEY NSW 2052

Mr F Fotea - 02 9385 7755

0101, 0104, 0199, 0201, 0202, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0401, 0402, 0403, 0404, 0405, 0406, 0499, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0703, 0704, 0705, 0706, 0799, 0803, 0806, 0899, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1107, 1108, 1109, 1115, 1117, 1199

Novita Children’s Services, Knowledge & Innovation Department

11515 Level 1, 171 Days Road

REGENCY PARK SA 5010

Dr B O’Brien - 08 8349 2013

0104, 0804, 0806, 0807, 0903, 0906, 0913, 0999, 1005, 1106, 1117, 1199, 1607, 1608, 1701, 2099

NSW Department of Primary Industries 13278 Locked Bag 21

ORANGE NSW 2800

Mr R Martin - 02 6391 3540

0104, 0301, 0406, 0503, 0601, 0603, 0605, 0607, 0608, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0803, 0806, 0908, 0910, 0912, 0999, 1001, 1005, 1115, 1199

NSW Institute of Sport

45604 PO Box 476

SYDNEY MARKETS NSW 2129

Dr K Graham - 02 9763 0201

0608, 1001, 1101, 1199

NSW Roads & Maritime Services 16023 Locked Bag 928

NORTH SYDNEY NSW 2059

Mr C Harrison - 02 8837 0400

0304, 0306, 0404, 0905, 0912, 0999

O’Brien Institute of Microsurgery 32235 42 Fitzroy Street

FITZROY VIC 3065

Ms J Knowlson - 03 9288 4043

0601, 0608, 1001, 1103, 1107, 1109, 1115

Olitek Design Solutions Pty Ltd 45613 PO Box 116

BANYO QLD 4014

Mr J Oliver - 07 3260 5390

0899, 0910, 0913

Orbital Australia Pty Ltd 1494 4 Whipple Street

BALCATTA WA 6021

Mr G Armstrong - 08 9441 2392

0101, 0301, 0803, 0901, 0906, 0910, 0913, 0999, 1006

Outerspace Design Group Pty Ltd 41591 16 Harvey Street

RICHMOND VIC 3121

Mr M Johnson - 03 9427 0355

0899, 0910, 0913, 0915, 0999, 1099, 1199, 1203, 1204

Ozdocs International Pty Ltd 88487 Unit 4

No 7 Packard Avenue Castle Hill SYDNEY NSW 2154

Dr P Pandey - 02 9899 2000

0803

Pathwest Laboratory Medicine WA 44059 Pathwest QEII Locked Bag 2009

NEDLANDS WA 6909

Mr S Palladino - 08 9346 2556

0601, 0608, 0999, 1001, 1101, 1103, 1107, 1108, 1115, 1117

136

INNOVATION AUSTRALIA

APPENDIX E Name RSP No. Contact Registered ANZSRC

Peracto Pty Ltd 42109 16 Hillcrest Road

DEVONPORT TAS 7310

Mr A Woodcock - 03 6423 2044

0705, 0706, 0799, 0904

Pharmaceutical Solutions Australia Pty Limited

89372 Level 9, 123 Epping Road Avaya House NORTH RYDE NSW 2113

Mrs D Hosie - 02 8985 7381

1102, 1107, 1109, 1112, 1114, 1115

PharmaSynth Pty Limited 89446 2806 Ipswich Road DARRA QLD 4076

Mr L Tillack - 07 3273 9176

1099

Planet Innovation Pty Ltd 45801 81-89 Cotham Road KEW VIC 3101

Mr S Lanyon - 03 9945 7510

0903, 0906, 0913, 0999, 1007

Precise Global Pty Ltd

82915 1 Maritime Court GILLMAN SA 5013

Mr L Raymond - 08 8241 0888

0902, 0903, 0910, 1006

Procept Pty Ltd 45759 32 Keysborough Close

KEYSBOROUGH VIC 3173

Mr A Maher - 03 9079 0480

0803, 0806, 0906, 0910, 0913, 0999, 1005, 1006

QIMR Berghofer Medical Research Institute

13118 300 Herston Road

HERSTON QLD 4006

Ms D Hancock - 07 3362 0207

0608, 1101, 1103, 1107, 1108, 1109, 1115, 1117, 1199

Queensland University of Technology

5983 GPO Box 2434

BRISBANE QLD 4001

Mr C Melvin - 07 3138 2093

0101, 0104, 0199, 0202, 0205, 0299, 0301, 0302, 0304, 0306, 0401, 0402, 0403, 0404, 0406, 0601, 0603, 0605, 0607, 0608, 0699, 0704, 0799, 0803, 0806, 0899, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1107, 1108, 1109, 1117, 1199

R&T Reliability Technologies Pty Ltd 91089 PO Box 49

ALEXANDRIA NSW 1435

Mr W Simmonds - 02 9698 8840

0910

ResTech Pty Ltd 41278 NIER Building

The University of Newcastle CALLAGHAN NSW 2308

Mr S Clifton - 02 4033 9155

0801, 0803, 0906, 1006

Rivalea Australia Pty Ltd 14189 PO Box 78

COROWA NSW 2646

Dr R Smits - 02 6033 8204

0702

RMIT University 6107 GPO Box 2476 MELBOURNE

Royal Australasian Ornithologists Union Green Building Suite 2-05 C VIC 3053

0199, 0299, 0301, 0302, 0304, 0404, 0706, 0799, 0803, 0806, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1115, 1201, 1202, 1299, 1403, 1504, 1506, 1599, 1605, 1606, 1699, 1999, 2099

Royal Botanic Gardens and Domain Trust

34023 Mrs Macquaries Road SYDNEY NSW 2000

Dr B Summerell - 02 9231 8113

0603, 0607, 0706

137

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

Royal Perth Hospital 12552 GPO Box X2213 PERTH WA 6847

Dr F Daly - 08 9224 2281

0301, 0803, 0910, 0912, 0913, 0999, 1101, 1103, 1107, 1108, 1109, 1115, 1199

Rural Industries Research & Development Corporation

31810 PO Box 4776

KINGSTON ACT 2604

Mrs C Quick - 02 6271 4150

0101, 0103, 0104, 0105, 0199, 0205, 0299, 0301, 0302, 0303, 0304, 0305, 0306, 0399, 0401, 0402, 0403, 0404, 0405, 0406, 0499, 0501, 0502, 0503, 0601, 0602, 0603, 0605, 0606, 0607, 0608, 0699, 0701, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0803, 0804, 0806, 0807, 0899, 0903, 0904, 0905, 0906, 0907, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1002, 1003, 1004, 1005, 1007, 1099, 1101, 1103, 1104, 1107, 1108, 1109, 1111, 1112, 1115, 1117, 1199, 1203, 1205, 1299, 1301, 1399, 1402, 1403, 1499, 1503, 1505, 1507, 1603, 1604, 1605, 1608, 1699, 1801

Safety in Mines Testing & Research Station (SIMTARS)

16144 PO Box 467

GOODNA QLD 4300

Mr J Farry - 07 3810 6300

0301, 0399, 0803, 0906, 0910, 0913, 0914, 0999, 1005, 1117

SGS Lakefield Oretest Pty Ltd

31307 431 Victoria Road MALAGA WA 6090

Mr G Lonsdale - 08 9209 8700

0699, 0904, 0908, 0914

South Australian Forestry Corporation 6776 PO Box 162

MOUNT GAMBIER SA 5290

Mr A Hatch - 08 8724 2896

0705

South Australian Research and Development Institute

18607 GPO Box 397

ADELAIDE SA 5001

Prof P Mooney - 08 8303 9398

0608, 0702, 0703, 0704, 0706, 0799, 0803, 0904, 0908, 1001, 1005

Southern Cross University

26669 Division of Research PO Box 157 LISMORE NSW 2480

Prof L Sullivan - 02 6620 3172

0402, 0406, 0602, 0608, 0703, 0704, 0705, 1001, 1110, 1117, 1303, 1503, 1506, 1605

Southern Tree Breeding Association Incorporation

16431 PO Box 1811

MT GAMBIER SA 5290

Dr T McRae - 08 8723 0688

0705, 0706, 0803, 0910, 1001

Stephen Sanig Research Institute Limited

45708 PO Box 6127

UNSW SYDNEY NSW 1466

Dr G Kaseko - 02 9209 4117

0101, 0299, 0601, 0699, 0908, 0999, 1001, 1107, 1115

Sugar Research Aust Ltd

3487 PO Box 86

INDOOROOPILLY QLD 4068

Mr M Shannon - 07 3331 3326

0104, 0301, 0302, 0304, 0503, 0601, 0603, 0605, 0608, 0703, 0803, 0806, 0904, 0905, 0908, 0910, 0912, 0913, 1001

Sugar Research Institute

4310 PO Box 15758

CITY EAST QLD 4002

Mr M Dowling - 07 3138 9401

0301, 0302, 0306, 0904, 0910, 0912, 0913, 0999

APPENDIX E APPENDIX E

138

INNOVATION AUSTRALIA

Name RSP No. Contact Registered ANZSRC

Swinburne University of Technology

6394 PO Box 218

HAWTHORN VIC 3122

Ms S Mosca - 03 9214 5225

0101, 0104, 0199, 0201, 0202, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0503, 0601, 0603, 0605, 0608, 0699, 0799, 0803, 0806, 0899, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1109, 1117, 1199

The Australian National University 3206 Chancelry Building 10B ACTON ACT 2000

Dr D Robertson - 02 6125 8085

0202, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0402, 0403, 0404, 0601, 0603, 0608, 0702, 0703, 0704, 0705, 0706, 0799, 0803, 0806, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1103, 1115, 1117, 1199

The Bionics Institute of Australia 88617 384-388 Albert Street EAST MELBOURNE VIC 3002

Ms L Peterson - 03 9667 7538

0601, 0899, 0903, 0906, 1103, 1109

The C Y O’Connor ERADE Village Foundation Inc

97655 PO Box 5100

CANNINGVALE WA 6155

Mr A Lloyd - 08 9397 1556

0603, 0604, 0702, 0799, 1107

The Flinders University of South Australia

4146 GPO Box 2100

ADELAIDE SA 5001

Prof D Day - 08 8201 2758

0101, 0104, 0202, 0299, 0301, 0302, 0304, 0306, 0401, 0404, 0405, 0406, 0601, 0603, 0605, 0608, 0699, 0702, 0704, 0706, 0799, 0803, 0806, 0899, 0901, 0906, 0908, 0910, 0912, 0914, 0999, 1001, 1101, 1103, 1107, 1108, 1109, 1115, 1117

The Heart Research Institute Ltd 16843 7 Eliza Street

NEWTOWN NSW 2042

Prof M Davidson-Beker - 02 8208 8900

0601, 0608, 0999, 1001, 1101, 1115

The MacFarlane Burnett Institute for Medical Research and Public Health Ltd

16674 GPO Box 2284

MELBOURNE VIC 3001

Dr A Greenway - 03 9282 2111

0301, 0304, 0601, 0608, 0999, 1001, 1103, 1115, 1117

The Mental Health Research Institute 16123 Level 5, Kenneith Myer Building 30 Royal Parade PARKVILLE VIC 3052

Mr P Plecher - 03 9035 4754

0608, 1001, 1101, 1103, 1109, 1115

The Queen Elizabeth Hospital 32244 28 Woodville Road WOODVILLE SOUTH SA 5011

Ms G Graves - 08 8222 6870

1103, 1109, 1199

The St George Hospital Orthopaedic Research Institute

26667 Dept of Orthopaedic Surgery St George Hospital KOGARAH NSW 2217

Prof G Murrell - 02 9113 2827

0601, 0803, 0806, 0906, 0910, 0912, 0999, 1001, 1005, 1006, 1103, 1115, 1117

139

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

The University of Adelaide

6574 Office of the DVC (Research) ADELAIDE SA 5005

Prof M Brooks - 08 8313 5665

0101, 0104, 0199, 0201, 0202, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0402, 0403, 0404, 0499, 0502, 0503, 0601, 0603, 0604, 0605, 0608, 0699, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0801, 0803, 0806, 0899, 0901, 0903, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1105, 1107, 1108, 1109, 1110, 1113, 1115, 1116, 1117, 1199, 1201, 1303, 1402, 1403, 1501, 1502, 1503, 1601, 1603, 1604, 1606, 1608, 1701, 1702, 1801, 1904, 2002, 2003, 2103, 2203

The University of New South Wales 6578 Campus

UNIVERSITY OF NSW NSW 2052

Mr D Owens - 02 9385 7254

0101, 0104, 0199, 0201, 0202, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0401, 0402, 0403, 0404, 0405, 0406, 0499, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0703, 0704, 0705, 0706, 0799, 0803, 0806, 0899, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1107, 1108, 1109, 1115, 1117, 1199

The University of Newcastle

6576 University Drive

CALLAGHAN NSW 2308

Prof K Hall - 02 4921 5441

0101, 0104, 0201, 0202, 0301, 0302, 0304, 0306, 0401, 0402, 0403, 0404, 0406, 0503, 0601, 0603, 0605, 0607, 0608, 0706, 0803, 0806, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 1001, 1005, 1006, 1101, 1103, 1107, 1108, 1109, 1115, 1117

The University of Queensland

6580 Research Partnerships Office Level 3, ST LUCIA QLD 4072

Mr I Harris - 07 3365 3559

0301, 0302, 0304, 0399, 0402, 0404, 0608, 0702, 0704, 0705, 0706, 0799, 0803, 0806, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006

The University of Southern Queensland

27581 Office of Research, USQ West Street TOOWOOMBA QLD 4350

Mrs M McKain - 07 4631 2866

0201, 0301, 0503, 0601, 0603, 0605, 0703, 0706, 0806, 0904, 0905, 0906, 0908, 0910, 0912, 1001, 1005, 1107, 1115, 1117

The University of Sydney

6581 Research Portfolio Level 6, Jane Foss Russell Building, G02 Darlington Campus SYDNEY NSW 2006

Dr A Tindell - 02 8627 8181

0101, 0104, 0199, 0201, 0202, 0205, 0299, 0301, 0302, 0304, 0306, 0399, 0401, 0402, 0403, 0404, 0405, 0406, 0499, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0803, 0806, 0899, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1107, 1108, 1109, 1115, 1117, 1199

140

INNOVATION AUSTRALIA

APPENDIX E Name RSP No. Contact Registered ANZSRC

The University of Tasmania

6582 Private Bag 1

HOBART TAS 7001

Mr N Blundell - 03 6226 7186

0101, 0102, 0104, 0105, 0199, 0201, 0202, 0205, 0206, 0299, 0301, 0302, 0303, 0304, 0305, 0306, 0399, 0401, 0402, 0403, 0404, 0405, 0406, 0499, 0501, 0502, 0503, 0599, 0601, 0602, 0603, 0604, 0605, 0606, 0607, 0608, 0699, 0701, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0801, 0802, 0803, 0805, 0806, 0807, 0899, 0901, 0903, 0904, 0905, 0906, 0907, 0908, 0909, 0910, 0911, 0912, 0913, 0914, 0915, 0999, 1001, 1003, 1005, 1006, 1007, 1101, 1102, 1103, 1104, 1105, 1106, 1107, 1108, 1109, 1110, 1111, 1112, 1113, 1114, 1115, 1116, 1117, 1199, 1201, 1203, 1205, 1301, 1302, 1303, 1399, 1402, 1403, 1501, 1502, 1503, 1505, 1506, 1507, 1601, 1602, 1603, 1604, 1605, 1606, 1607, 1608, 1699, 1701, 1702, 1801, 1899, 1901, 1902, 1903, 1904, 1905, 2001, 2002, 2003, 2005, 2099, 2101, 2102, 2103, 2201, 2203

The University of Western Australia 6583 M459, 35 Stirling Highway CRAWLEY WA 6009

Dr C Thomson - 08 6488 3027

0101, 0102, 0201, 0203, 0205, 0206, 0302, 0304, 0402, 0403, 0404, 0405, 0502, 0503, 0601, 0602, 0603, 0604, 0607, 0608, 0703, 0801, 0905, 0906, 0907, 0912, 0913, 1102, 1103, 1105, 1106, 1107, 1109, 1112, 1113, 1114, 1115, 1116, 1117, 1201, 1302, 1303, 1402, 1501, 1502, 1503, 1505, 1601, 1604, 1606, 1608, 1701, 1801, 1901, 1904, 2002, 2004, 2005, 2101, 2103, 2203

TI Systems Pty Ltd 89923 Suite 317, 198 Harbour Esplanade DOCKLANDS VIC 3008

Ms T Arendtsz - 03 9642 2082

0803

Tiller Design Pty Ltd 98276 PO Box 1536 ROZELLE NSW 2039

Mr R Tiller - 02 9818 5251

0915, 1099, 1199

Trang Imagineering Pty Ltd 91581 P.O.Box 8508

ORANGE NSW 2800

Mr D Finlay - 02 6360 0803

0913

UniQuest Pty Limited

10733 Level 7, General Purpose South Staff House Road C/ University of Queensland BRISBANE QLD 4072

Mr R Hewitt - 07 3365 4037

0301, 0302, 0304, 0399, 0402, 0404, 0608, 0702, 0704, 0705, 0706, 0799, 0803, 0806, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006

University of Canberra

3531 Research Services Office CANBERRA ACT 2601

Dr K Sawczak - 02 6201 5414

0101, 0104, 0199, 0301, 0305, 0399, 0406, 0499, 0501, 0502, 0503, 0599, 0601, 0603, 0604, 0605, 0608, 0699, 0704, 0799, 0801, 0803, 0806, 0807, 1005, 1101, 1106, 1107, 1108, 1117, 1199

141

ANNUAL REPORT 2013-14

APPENDIX E

Name RSP No. Contact Registered ANZSRC

University of Melbourne

6575 Campus UNIVERSITY OF MELBOURNE VIC 3010 Dr D Cookson - 03 8344 2049

0101, 0102, 0103, 0104, 0105, 0199, 0201, 0202, 0203, 0204, 0205, 0206, 0299, 0301, 0302, 0303, 0304, 0305, 0306, 0307, 0399, 0401, 0402, 0403, 0404, 0406, 0503, 0601, 0604, 0605, 0606, 0607, 0608, 0699, 0701, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0801, 0802, 0803, 0805, 0806, 0899, 0901, 0903, 0904, 0905, 0906, 0907, 0908, 0909, 0910, 0912, 0913, 0914, 0999, 1001, 1002, 1003, 1005, 1006, 1007, 1101, 1102, 1103, 1105, 1106, 1107, 1108, 1109, 1110, 1112, 1113, 1114, 1115, 1117, 1199, 1401, 1402, 1403, 1499, 1501, 1502, 1602, 1603, 1604, 1606, 2101

University of New England 6577 Research Development & Integrity Research Services Directorate

ARMIDALE NSW 2351 Ms K Dougall - 02 6773 3262

0202, 0205, 0301, 0302, 0304, 0306, 0402, 0403, 0404, 0406, 0502, 0503, 0601, 0602, 0603, 0607, 0608, 0699, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0806, 0908, 0912, 0999, 1001, 1005, 1103, 1109, 1117, 1199, 1402, 1503, 1604, 1605, 1606, 1608, 1701, 1801, 1904, 2004, 2005, 2102, 2103, 2202, 2203

University of South Australia 6283 GPO Box 2471 ADELAIDE SA 5001 Dr S Rodda - 08 8302 3471

0101, 0104, 0301, 0302, 0304, 0306, 0399, 0402, 0403, 0799, 0803, 0806, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1117

University of Technology Sydney 12904 Research and Innovation Office PO Box 123 BROADWAY NSW 2007 Dr D

Robson - 02 9514 1256

0101, 0104, 0202, 0205, 0299, 0301, 0304, 0399, 0402, 0404, 0406, 0499, 0503, 0601, 0603, 0605, 0607, 0608, 0699, 0703, 0704, 0705, 0706, 0799, 0803, 0806, 0899, 0901, 0904, 0905, 0906, 0910, 0912, 0913, 0914, 0999, 1001, 1005, 1006, 1101, 1103, 1107, 1108, 1109, 1115, 1117, 1199

University of the Sunshine Coast 91150 Locked Bag 4 MAROOCHYDORE DC QLD 4558 Ms M Searle - 07 5459

4797

0306, 0602, 0605, 0608, 0704, 0705, 0706, 0806, 1103, 1106, 1110, 1117, 1302, 1303, 1402, 1503, 1505, 1506, 1604, 1702, 1904, 1905

University of Western Sydney

18480 Locked Bag 1797 PENRITH NSW 2751 Mr G Jones - 02 4736 0631 0101, 0104, 0201, 0202, 0299, 0301, 0302, 0304, 0399, 0402, 0403, 0406,

0503, 0601, 0603, 0605, 0607, 0608, 0702, 0703, 0704, 0705, 0706, 0707, 0799, 0803, 0806, 0899, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0999, 1005, 1006, 1101, 1199

University of Wollongong

6584 Northfields Avenue WOLLONGONG NSW 2522 Mr M Wright - 02 4221 5737

0601, 0603, 0799, 0803, 0806, 0901, 0904, 0905, 0910, 0912, 0913, 0914, 0999, 1005

VCAMM Limited 89332 PO Box 62 BELMONT VIC 3216 Ms L Ratcliffe - 03 5227 1101 0902, 0910

142

INNOVATION AUSTRALIA

Name RSP No. Contact Registered ANZSRC

Victoria University 16547 Building C, Footscray Park Campus PO Box 14428 Melbourne Mail Centre Mr J Rabling - 03 9919 9441

0101, 0102, 0205, 0299, 0301, 0601, 0602, 0606, 0608, 0799, 0801, 0803, 0805, 0806, 0899, 0901, 0904, 0905, 0906, 0908, 0910, 0912, 0913, 0999, 1001, 1005, 1006, 1106, 1110, 1115, 1116, 1302, 1303, 1399, 1402, 1501, 1503, 1504, 1506, 1599, 1601, 1602, 1603, 1604, 1607, 1608, 1701, 1801, 1902, 1904, 1905, 2001, 2002, 2003, 2004, 2005

VIPAC Engineers and Scientists Limited

15701 Private Bag No 16 PORT MELBOURNE VIC 3207 Mr D Jenkins - 03 9647 9700

0199, 0205, 0299, 0401, 0803, 0901, 0906, 0910, 0912, 0913, 0999

VPAC Pty Ltd 40150 PO Box 201 CARLTON SOUTH VIC

3053 Dr A Borda - 03 8344 8322 0103, 0202, 0307, 0404, 0405, 0406, 0502, 0699, 0801, 0803, 0805, 0899, 0901, 0903, 0910, 0913, 0915, 1001, 1004, 1117, 1199, 1399, 1799, 2199

Welding Technology Institute of Australia

3230 PO Box 6165 SILVERWATER NSW 1811 Mr G Allan - 02 8748 0100 0304, 0803, 0904, 0905, 0910, 0912, 0914, 0999

Western Australian Museum 15714 Collections & Research Directorate Locked Bag 49 WELSHPOOL DC WA

6986 Ms D Jones - 08 9212 3715

0302, 0304, 0306, 0402, 0403, 0499, 0603, 0608, 0699, 0912, 1001

Women’s & Children’s Health Research Institute Incorporated

18489 72 King William Road NORTH ADELAIDE SA 5006 Prof M Makrides - 08 8161 7443

0608, 0908, 1001, 1103, 1115, 1117, 1199

Woolcock Institute of Medical Research Limited

24346 PO Box M77 Missenden Road MISSENDEN ROAD POST OFFICE NSW 2050 Ms J Elliot - 02 9114 0412

0104, 0299, 0601, 0605, 0608, 0803, 0906, 0912, 0913, 0999, 1001, 1101, 1103, 1107, 1117, 1199

ZBB Technologies Ltd 12013 PO Box 2047 KARDINYA WA 6163 Mr N Coad - 08 9494 2055

0301, 0906, 0912, 0999

APPENDIX E

143

ANNUAL REPORT 2013-14

appendix f Innovation Investment Fund (IIF) Programme Breakdown

table f1 Australian Government Funds paid to IIF investee companies

by fund manager, 2013-14

table f2 IIF Investee companies receiving financial support

by industry sector, 2013-14

table f3 IIF Investee companies receiving financial support

by state and territory, 2013-14

corrigenda Innovation Australia Annual Report 2012-13

table f4 Australian Government Funds paid to IIF investee companies

by fund manager, 2012-13

table f5 IIF Investee companies receiving financial support

by industry sector, 2012-13

table f6 IIF Investee companies receiving financial support

by state and territory, 2012-13

Note: Appendix F Tables F1 to F6 are prepared in accordance with section 46 (2) (b) and (c) (i) and (ii) of the IR&D Act 1986.

APPENDIX F

144

INNOVATION AUSTRALIA

Table F1 · Australian Government funds paid to IIF Investee companies by fund manager, 2013-14

Fund Manager

Investment ($m)

AMWIN Management Pty Ltd 0.00

Brandon Bioscience Fund No. 1 Management Partnership LP

2.81

Carnegie Venture Capital Pty Ltd 3.13

Carnegie Venture Capital Pty Ltd Fund II

1.38

Cleantech Ventures 0.59

Momentum Funds Management Pty Ltd 0.00

MRCF Pty Ltd 2.50

OneVentures Pty Ltd 3.53

Southern Cross Venture Partners Pty Ltd 6.54

Yuuwa Management LP 1.27

Total 21.75

Table F2 · IIF Investee companies receiving financial support by industry sector, 2013-14

Sector

No. Companies Supported

Information Technology and Telecommunications

13

Life sciences/Bioscience 19

Engineering/Manufacturing 3

Total 35

Table F3 · IIF Investee companies receiving financial support by state and territory, 2013-14

State/Territory No. Companies Supported

ACT 0

NSW 15

NT 0

QLD 4

SA 1

TAS 0

VIC 13

WA 2

Total 35

APPENDIX F

145

ANNUAL REPORT 2013-14

APPENDIX F

CORRIGENDA · INNOVATION AUSTRALIA ANNUAL REPORT 2012-13

Table F4 · Australian Government financial

support paid to IIF Investee companies by fund

manager, 2012-13

Fund Manager Investment ($m)

Brandon Bioscience Fund No. 1 Management Partnership LP

2.82

Carnegie Venture Capital Pty Ltd 4.65

Cleantech Ventures Pty Ltd 4.48

MRCF Pty Ltd 2.54

OneVentures Pty Ltd 2.98

Yuuwa Management LP 1.69

Total 19.16

Table F5 · IIF Investee companies receiving

financial support by industry sector, 2012-13

Sector

No. Companies Supported

Electricity, Gas, Water and Waste Services

1

Health Care and Social Assistance 4

Information, Media and Telecommunications

8

Manufacturing 8

Professional, Scientific and Technical Services

7

Retail Trade 1

Wholesale Trade 2

Total 31

Table F6 · IIF Investee companies receiving

financial support by state and territory, 2012-13

State/Territory

No. Companies Supported

ACT 0

NSW 11

NT 0

QLD 3

SA 1

TAS 0

VIC 13

WA 3

Total 31

APPENDIX G

146

INNOVATION AUSTRALIA

appendix g Clean Technology Food and Foundries Investment Program

table g1 Clean Technology Food and Foundries Investment Program grant applications

received by state and territory, 2013-14

table g2 Clean Technology Food and Foundries Investment Program grant agreements

executed by state and territory, 2013-14

table g3 Clean Technology Food and Foundries Investment Program grant payments

by state and territory, 2013-14

table g4 Clean Technology Food and Foundries Investment Program grant agreements

executed by entity, 2013-14

table g5 Clean Technology Food and Foundries Investment Program grant payments

by entity, 2013-14

Note: Appendix G Tables G2 and G4 are prepared in accordance with section 46 (2) (b) (i-iv) of the IR&D Act 1986.

147

ANNUAL REPORT 2013-14

Table G1 · Clean Technology Food and Foundries

Investment Program grant applications

received by state and territory, 2013-14

State/Territory Number

NSW 15

VIC 17

QLD 7

SA 27

WA 9

TAS 1

ACT 0

NT 0

Total 76

Note: This table does not include applications received during the year if withdrawn from consideration during the year.

Table G2 · Clean Technology Food and Foundries

Investment Program grant agreements

executed by state and territory, 2013-14

State/Territory Number Value ($)

NSW 49 31,640,138

VIC 24 7,213,296

QLD 24 6,570,842

SA 37 4,223,419

WA 12 2,733,770

TAS 1 133,098

ACT 0

NT 0

Total 147 52,514,563

Table G3 · Clean Technology Food and Foundries

Investment Program grant payments by state

and territory, 2013-14

State/Territory Total Payments ($) Per cent of total (%)

NSW 17,929,064 30

VIC 14,638,796 25

QLD 17,256,288 29

SA 5,917,251 10

WA 3,511,116 6

TAS 298,003 0

ACT 86,700 0

NT 0

Total 59,637,218 100

Note: The total figure represents the value of the payments made during the year and does not include any amounts that may have been repaid.

APPENDIX G

148

INNOVATION AUSTRALIA

Table G4 · Clean Technology Food and Foundries Investment Program grant agreements

executed by entity, 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

A.R.M. International Pty Ltd ATF The Andrew Margan Family Trust

Install more energy efficient lighting plus upgrade the main refrigeration and brine systems 74,830 01-Jul-14

ABC Pastry Holdings Pty Ltd ABC Pastry P/L will cut its carbon emission by installing a 68KW solar system 73,364 30-Sep-13

ABD Poultry Pty Ltd ATF ABD Poultry Partnership ABD Poultry - Installation of a 30kW Solar Power System

35,091 31-Oct-13

Agrana Fruit Australia Pty Limited Agrana Fruit will improve refrigeration energy efficiency via implementation of ammonia chiller

system and replacement of R404A system with an R134A/R744(CO2) cascade system

215,722 31-Oct-15

Arnott’s Biscuits Limited Site Compressed Air System Efficiency Upgrade 288,022 30-Jun-14

Arrowcrest Group Pty Ltd Energy savings for factory lighting, water recirculation pumps, extraction fans and gas-fired pre-heating station.

101,073 30-Jun-14

Arrowcrest Group Pty Ltd Energy saving in compressed air production 45,104 30-Apr-14

Australian Juice Processing Pty Ltd Installation of solar power generation capacity to deliver efficiencies in modern state-of-the-art

natural fruit juice pressing and juicing facility

127,705 25-Jun-14

Australian Specialty Foods Pty Ltd Various energy efficiency projects 174,951 30-Apr-14

B.E. Campbell (N.S.W.) Pty Ltd as trustee for the B E Campbell Trust

BE Campbell - Replacement of Electric Steam Boiler with Natural Gas Fired Boiler and Refrigeration Plant Upgrade

58,833 31-Oct-13

Bakers Maison Australia Pty Ltd Energy efficiency and performance improvements to refrigeration, lighting, ovens and hot water plus

installation of solar PV.

411,048 31-Oct-14

Ballandean Estate Wines Pty Ltd Installation of a 30kW Solar PV system and energy efficient lighting

28,628 30-Jun-14

BD & DC Starke Nominees Pty Ltd ATF Barry Starke Family Trust

Victor Harbor Ice Solar Installation Project 36,135 31-Aug-13

Bega Cheese Limited Energy Efficient Cheese & Whey production, Bega Cheese’s Heat Recovery Project at Coburg site. 132,621 31-Dec-13

Bei Fang Food Supplies Pty Ltd Bei Fang Food Supplies aims to cut its carbon emission and electricity cost by installing a

28kW Solar System

35,050 31-Dec-13

Beltavia Pty Ltd ATF F P Operating Trust Site Wide Energy Efficiency Upgrades 124,889 31-May-14

Benale Pty Ltd ATF Fletcher Unit Trust Fletcher International WA Energy and Process Efficiency Improvements

499,052 31-Oct-14

Bestlan Bananas Pty Ltd Bestlan Heat Capture, Cooking and Chilling Upgrade 457,190 28-Feb-14

APPENDIX G

149

ANNUAL REPORT 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Billabong Brewing Pty Ltd Billabong Brewing Solar PV Installation 25,689 31-Jul-13

Boyntons Australia Pty Ltd Installation of solar panels at Boyntons feathertop winery 57,764 31-Dec-13

Buderim Ginger Limited Ginger Factory Carbon Emissions Reduction Project 254,114 31-Dec-14

Burra Foods Pty Ltd Installation of economisers and a condensate recovery system to increase steam system efficiency

91,607 31-Jan-14

Cameron Engineering Pty Ltd Solar PV installation and lighting retrofit 44,814 30-Jun-14

Capercaillie Wine Pty Ltd Capercaillie Solar Project 37,857 28-Feb-14

Castle Glen Liqueurs Australia Pty Ltd

20 kW Solar PV and lighting project 29,210 07-Aug-13

Central Burnett Fruit Processors Co-operative Association Limited

CB Juice Clean Energy Infrastucture Upgrades 268,144 30-Sep-13

Ceres Natural Foods Pty Ltd ATF The Pacirote Unit Trust Clever Energy for Clever Foods - upgrading plant to lower energy intensity

413,000 30-Jun-13

Charleston Cellars Pty Ltd Improving winemaking energy efficiency - Upgrade of refrigeration plant and installation of solar photo voltaic power generation

32,816 30-Jun-13

Charlesworth Nuts Pty ltd Installation of 98kW solar PV system at Charlesworth Nuts 123,000 31-Oct-13

Cool-Off Pty Ltd Replacement of inefficient boilers with VSD high efficiency boilers and a condensate recovery system to increase steam system efficiency

204,272 30-Jun-13

Cool-Off Pty Ltd Upgrade of refrigeration system including VSDs and increased compressor package speeds 111,915 30-Sep-13

Corporal Pty Ltd Installation of state-of-the-art energy efficient trout smoking equipment. 101,679 31-Mar-14

Cranhill Pty Ltd Implementation of energy efficiency improvements and installation of solar PV system at East Coast Beverages

152,000 31-Oct-13

Cullen Wines (Australia) Pty Ltd 45kW PV Array @ Cullen Wines 47,273 30-Nov-13

Dagan Trading Pty Ltd Providing fully sustainable food solutions 44,138 01-Nov-13

Dardanup Butchering Company Nominees Pty Ltd ATF Dardanup Butchering Unit Trust

“Sunrise” - Solar powering Dardanup Butchering Company

100,007 30-Jun-14

d’Arenberg Pty Ltd Installation of 200kW solar PV at d’Arenberg Pty Ltd in McLaren Vale, SA 226,137 30-Nov-13

Denfood Pty Ltd Project “Aurora” - Solar Powering Dennison Foods Manufacturing 104,971 31-Dec-13

Emerald Creek Foods Pty Ltd Emerald Creek Ice-Creamery 30kW Solar Panel Energy Installation 42,225 31-Dec-13

APPENDIX G

150

INNOVATION AUSTRALIA

APPENDIX G Recipient Activity

Agreed Grant ($)

Planned Completion Date

Emro Products Pty Ltd EMRO Products Renewable Energy and Energy Efficiency Measures 54,651 30-Jun-14

ERBD Pty Limited Earlyrise Baking - Refrigeration, lighting and air compressor upgrades 153,668 31-Dec-13

Exquisine Pty Ltd Reduction of energy costs and associated CO2 emissions for Victorian based frozen desert food manufacturing operated by Exquisine Pty Ltd

87,102 30-Jun-14

Falcones Pty Limited Falcones Energy Saving Project - reduction of both greenhouse gases and energy costs per unit produced.

275,000 31-Dec-14

Fleurieu Milk Company Pty Ltd Improving Energy Efficiency at the Fleurieu Milk & Yoghurt Company

93,232 31-Dec-13

Fleurieu Vintners Pty Ltd Boar’s Rock Solar & Insulation Project 225,439 31-May-14

Frewstal Pty Ltd Various energy efficiency projects 195,626 20-May-14

G Patritti & Co Proprietary Limited Significant winery renovation to directly reduce carbon and energy consumption through major

improvements to compressed air, refrigeration and lighting.

43,139 28-Feb-14

Gemtree Vineyards Pty Ltd Gemtree Vineyards Solar Project 121,923 30-Nov-13

Givaudan Australia Pty Limited

Upgrading inefficient lighting equipment to new energy efficient LEDs 41,462 31-Mar-14

Golden Circle Limited Major upgrade to the Golden Circle fruit food and beverage manufacturing facility to reduce energy consumption and carbon emissions

327,728 31-Mar-14

Goodman Fielder Limited Induction lighting - Goodman Fielder Carina Bakery 141,162 31-Dec-13

Goodman Fielder Limited Goodman Fielder Energy Efficiency Improvements in Baking Insulation, Boiler systems and lighting 230,705 31-Jan-15

GrainCorp Foods Australia Pty Ltd Oil Manufacturing Improvements 14,925,963 31-Mar-16

Greenmountain Food Processing Pty Ltd Construction of a plate freezer facility for meat product freezing and storage

932,625 30-Apr-14

Haselgrove Wines Pty Ltd Haselgrove Wines Solar Installation Project 118,416 31-Mar-14

Icatron Pty Ltd as trustee for the Tip Top Butchers Trust Installation of solar PV and energy efficiency lighting to reduce the CO2 output of the meat

manufacturing site

287,948 30-Dec-13

James A Smyth Proprietary Limited Installation of 98kW solar PV at Smyth’s Confectionery Pty Ltd in Richmond, SA

114,250 31-Jan-14

Kellogg (Aust) Pty Ltd Kellogg’s Botany Energy Efficiency Upgrade 791,553 31-Oct-14

Kellogg (Aust) Pty Ltd Energy Saving Initiative 2013 36,842 30-Jun-14

APPENDIX G

151

ANNUAL REPORT 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Kilcoy Pastoral Company Limited Installation of smart controls and load switching on the refrigeration plants to improve energy

efficiency and performance

1,013,309 30-Nov-14

Kilcoy Pastoral Company Limited Design, installation and commissioning of a more efficient effluent treatment system that will

enable the capture and destruction of methane.

1,292,250 28-Feb-16

Kirrihill Wines Pty Ltd Energy reduction project, through insulation of equipment in the wine-making process 221,035 31-Dec-14

Kowald Dunn Pty Ltd Murray Street Vineyards Solar Project 83,040 30-Nov-13

Lago Smallgoods Pty Ltd Installation of 300kW solar array at Lago Small Goods 333,136 27-Jun-14

Lion-Beer Spirits & Wine Pty Ltd Project Hyde Park 9,800,000 31-Mar-15

Lion-Beer Spirits & Wine Pty Ltd Lighting upgrade phase 2 - Tooheys area lighting 116,799 30-Nov-13

Lion-Dairy & Drinks Pty Ltd Smithfield Air Compressor Upgrade 63,173 31-Aug-13

Lion-Wine Pty Limited St Hallett Refrigeration and Lighting Efficiency Upgrades 116,395 31-Oct-13

Longwarry Food Park Pty Ltd Energy Efficiency Retrofit of Milk Processing Facility 495,558 30-Apr-15

M.C. Herd Proprietary Limited Replacement of an old steam boiler with a high efficiency hot water boiler and hot water

return line

162,173 30-Apr-14

Maicap Pty Ltd ATF Maicap Unit Trust Nocelle Foods Solar Project 119,871 30-Oct-13

Malic Properties Pty Ltd ATF David Delugar Family Trust T/A Avocado Processors Australia.

Avocado Processors Solar Energy Project 92,574 31-Dec-13

Mara Global Foods Pty Ltd Heating, Milling and Packaging Line Upgrade for Soy and Corn Processing 462,688 30-Nov-13

Maralong Milling Pty Ltd Installation of solar PV at Maralong Milling 35,990 30-Jun-14

Massel Australia Pty Limited Massel Goes Solar 121,421 30-Sep-13

Mauri Yeast Australia Pty Limited Installation of Solar PV Electricity Source at the Cereform Wetherill Park Plant

95,000 31-May-14

McCain Foods (Aust) Pty Ltd Sara Lee will install smart controls and new motors on the existing refrigeration systems to optimise performance and energy efficiency

317,754 30-Jun-14

McCain Foods (Aust) Pty Ltd McCain Foods Energy Efficiency Upgrade Project 250,810 31-Jan-14

Mclaren Vintners Pty Ltd McLaren Vintners Winery Energy Efficiency Initiatives 132,269 31-Dec-13

Mclaren Vintners Pty Ltd McLaren Vintners Solar P-V Project 200,676 31-Jan-14

APPENDIX G

152

INNOVATION AUSTRALIA

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Mexican Express Pty Ltd Energy efficient chiller optimisation and solar installation 73,406 30-Jul-14

Mid-North Holdings Pty Ltd ATF Craig Thomson Family Trust

Stone Bridge Wines Solar Project 38,330 28-Feb-14

Milne Agrigroup Pty Ltd Installation of a spin chiller/re-chiller, replacement of R404a systems with Ammonia and implementation of smart controls and heat recovery.

1,015,620 30-Jun-14

Mitchell Foods Pty Ltd Mitchell Foods Perth Energy Saving Project 296,424 30-Apr-14

Monarch Winemaking Services Pty Ltd First Creek Wines Energy Saving Projects 286,121 15-Jun-14

Moo Premium Foods Pty Ltd Replacement of a gas boiler and electrical equipment with more energy efficient equipment. 59,416 31-Oct-13

MSM Milling Pty Ltd MSM Milling Upgrade of Lighting, Air Compressor and Boiler 35,761 30-Sep-13

Murray Goulburn Co-operative Co Limited Replacement of Steam Boiler #7, installation of blowdown control, lead lag control and steam

reticulation upgrades

960,029 30-Apr-14

Murray Goulburn Co-operative Co Limited Lighting upgrade including voltage reduction units, lighting controls and replacement of fittings

133,869 30-Jun-14

New Food Coatings Pty Ltd Upgrade of inefficient internal lighting to more energy efficient LED lighting 125,000 31-Aug-13

New TOCG Pty Ltd Energy Saving Dough: Machinery Upgrade at the Original Croissant Gourmet Company 225,757 31-Oct-13

Nippy’s Fruit Juices Pty Ltd Installation of 99.75kWp solar array 131,801 30-Jun-14

North Queensland IQF Pty Ltd Sustainable Agriculture Project: Re-engineer the Il Primo Capsicum Processing Line to Improve

Energy Efficiency, Lower Wastage & Enhance Nutritional Value.

197,897 30-Jun-13

Nu-Pure Pty Ltd ATF Nu-Pure Unit Trust Replacement of current inefficient blow moulding/ filling manufacturing line in Queensland with a

new energy efficient line in Victoria.

550,000 30-Nov-13

Oak Feed Mill Pty Ltd Oak Feed Mill Energy Efficiency Programme 126,939 28-Feb-15

Olive Farm Wines ATF Olive Farm Wines Trust Olive Farm Wines 30kW Solar Installation 40,750 31-Jan-14

Oxenberry Pty Ltd ATF The Oxenberry Trust Oxenberry Farm Wines Energy Saving Solution 29,232 30-Sep-13

Pasha Australia Pty Ltd Pasha Australia Pty Ltd will install a 100kw solar system on roof of its kebab manufactory 126,300 30-Sep-13

Peter Lehmann Wines Limited Winemaking using Solar Powered Renewable Energy at Peter Lehmann Wines

130,949 31-Jan-14

Petersons Wines Pty Ltd Petersons Wines Energy Reduction Programme 288,338 30-Sep-14

Phoenix Foundry Pty Ltd Installation of Solar Panels 80,675 28-Jun-13

Pikes Wines Pty Ltd Installation of 72kW solar PV system at Pikes Wines 93,820 31-Aug-13

APPENDIX G

153

ANNUAL REPORT 2013-14

APPENDIX G

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Professional Pet Chef Pty Ltd Installation of 67.5kW solar PV on Professional Pet Chef Pty Ltd t/a Pet Zest premises at Elizabeth West SA

65,637 30-Sep-13

Pronto E Fresco Pty Ltd Pronto e Fresco investing in clean technology 165,152 30-May-14

R & S Danube Smallgoods Pty Ltd R&S Danube Smallgoods Pty Ltd will install a 61KW solar PV system on roof of its factory premises

78,300 31-Aug-13

R.B Baking Pty Ltd Replacement of old ovens and boilers with new energy efficient ovens 164,318 31-Jul-13

R.G. & R.T. Trott Pty Ltd Winery Energy Efficiency Project: Refrigeration System Upgrade and Solar Panels Installation 250,738 31-Dec-13

Revolutionary Foods Pty Ltd Revolutionary Foods P/L cuts its carbon emission and save energy bill for its pasta factory through solar PV System

43,050 30-Apr-14

Richard Gunner’s Fine Meats Pty Ltd Installation of 99kW solar PV system at Richard Gunner’s Fine Meats Pty Ltd in Mount Barker.

131,059 31-Oct-13

Ridley Agriproducts Pty Ltd Various energy efficiency projects 221,177 30-Jun-14

Ross Estate Wines Pty Ltd Ross Estate Solar Project 37,857 30-Sep-13

Rural Developments Pty Ltd Leeuwin Estate - E20 High Efficiency Solar Power Station and LED Changeover 245,936 31-Jan-14

SABMiller Australia Pty Ltd CUB - Abbotsford Brewery - Condensate Upgrade (Flash Steam), CO2 Vaporiser Enhancement 318,411 30-Apr-14

Salena Estate Wines Pty Ltd Increasing production capacity whilst reducing carbon emissions with Solar PV 90,103 30-Jun-14

Sauer’s Bakehouse Pty Limited

Sauer’s Bakehouse to slice carbon emissions and power bills 124,575 30-Sep-13

Scarpantoni Estate Wines Pty Ltd ATF The Scarpantoni Family Trust

Scarpantoni Winery Energy Efficiency Project 32,131 30-Sep-13

Seppeltsfield Wines Pty Limited Seppeltsfield Solar Project 194,236 31-Oct-13

Serafino Wines Pty Limited ATF S & L Maglieri Trust Serafino Wines Energy Efficiency Project 201,788 31-Dec-15

Simplot Australia Pty Limited

Replacement of two degraded refrigeration compressors 133,098 31-Dec-13

Simplot Australia Pty Limited

Simplot Bathurst - Freezer Upgrade 1,500,000 30-Jun-15

Simplot Australia Pty Limited

Simplot Pakenham - Mycom Refrigeration Plant Room Upgrade 212,333 30-Apr-14

Sonham Pty Limited Roberts Bakery - Solar and lighting upgrade 42,578 30-Jun-14

154

INNOVATION AUSTRALIA

APPENDIX G Recipient Activity

Agreed Grant ($)

Planned Completion Date

Stefano’s Mildura Brewery Pty Ltd ATF Stefano’s Mildura Brewery Trust

Installation of a 46kW solar PV system at Stefano’s Mildura Brewery. 74,829 30-Nov-13

Sweetwater Grapes Pty Ltd ATF Robson Family Unit Trust

Sweetwater Grapes’ Ross Hill Wines 32kW Solar Power System 32,292 31-Dec-13

Tak Fung Hong Pty Ltd 7kW & 17kW Solar System at Tak Fung Hong P/L 30,314 31-Oct-13

Tancredi Foods Pty Limited Project “Sunrise” - Solar powering Tancredi Foods 38,194 31-Dec-13

The British Sausage Company Pty Ltd

The British Sausage Company to install a 60kw Solar Array 92,906 30-Apr-14

The Trustee for A & A Romeo Family Trust Mondo Nougat introduces renewable energy to reduce carbon emissions by 60%

28,500 31-Oct-13

The Trustee for The GR & KC Samuelsen Family Trust Installation of a solar photovoltaic system to reduce energy consumption of salad production

business

70,597 30-Jun-14

Tinlins Wines Pty Ltd ATF The Tinlins Wines Unit Trust Tinlins Solar Project 123,022 31-May-14

Tixana Pty Ltd Tixana Campsie Energy Conservation Project 71,310 31-Aug-13

Torbreck Vintners Pty Limited

Torbreck Solar Project 146,927 31-Dec-13

Torquay Butchery Pty Ltd Solar Power Initiative at Whale City Butchery 28,117 08-Oct-13

Treasury Wine Estates Vintners Limited Treasury Wine Estates - Wine Tank Insulation at Lindemans Karadoc Winery

482,169 30-Jun-15

Unigreen Food Pty Ltd Solar Powered Soya Beans - Solar Power Project at Unigreen Pty Ltd 154,995 31-Dec-13

Unilever Australia Trading Limited

Unilever Tatura LED Lighting Upgrade and Solatube Installation 45,406 30-Sep-13

Vet’s Best Products Pty Ltd Vet’s Best Products Solar Systems & Energy Conservation Project 122,072 30-Apr-14

Victoria Ice Pty Ltd Victoria Ice Solar Project 41,133 28-Feb-15

Viet Huong Food Co Pty Ltd Viet Huong Food Co Pty Ltd works to cut its carbon emission and save energy bills 50,575 30-Sep-14

Voyager Estate (W.A.) Pty Ltd 116.5kw Pv Array @ Voyager Estate 136,364 31-Mar-14

W Drayton & Sons Pty Ltd Drayton’s Family Wines Energy Saving Project- Refrigeration upgrade, Lighting upgrade and 200kW Solar System Installation

222,582 30-Nov-13

Walter Clappis Nominees Pty Ltd ATF Walter Clappis Family Trust

Hedonist Wines Solar Project 37,727 28-Feb-14

Watershed Premium Wines Ltd Watershed Premium Wines - E20 High Efficiency Solar Power Station & Low GWP Refrigerant Gas

Conversion

275,916 31-Jan-14

155

ANNUAL REPORT 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Weir Minerals Australia Ltd Artarmon and Somersby Lighting upgrade project. 149,713 23-May-14

Wingara Wine Group Pty Ltd Katnook Winery Energy Efficiency and Renewable Energy Projects 219,839 31-Mar-14

WODONGA RENDERING PTY LTD PV Solar - Kane Road Wodonga Cold Store 260,400 31-May-14

Woods Stockfeeds Pty Ltd Installation of Solar PV at Woods Stockfeeds Pty Ltd 123,458 30-Jun-14

Total 52,514,563

Table G5 · Clean Technology Food and Foundries Investment Program grant payments

by entity, 2013-14

Organisation

Grant

Payments ($)

888 Abalone Pty Ltd 10,818

A J Bush & Sons (Manufactures) Pty Ltd 6,720,772

A. Genovese & Sons Pty. Ltd. 66,000

A.R.M. International Pty Ltd ATF The Andrew Margan Family Trust 52,225

ABC Pastry Holdings Pty Ltd 58,691

ABD Poultry Pty Ltd ATF ABD Poultry Partnership

13,591

Adelaide Ice Service Pty Ltd 70,240

Agrana Fruit Australia Pty Limited 20,444

Alba Cheese Manufacturing Pty Ltd 19,014

Alba Edible Oils Pty Ltd ATF The Palmer WA Trust

39,573

Albany Seafoods Pty Ltd 12,423

Ambos Pty Ltd ATF The Threlfall Family Trust

399,200

Ambrosia Quality Foods Pty Ltd 8,400

Arnott’s Biscuits Limited 155,890

Australian Pharmaceutical Manufacturers Pty Ltd

94,824

Australian Specialty Foods Pty Ltd 132,035

Australian Tartaric Products Pty Ltd 452,104

Australian Vintage Ltd 25,205

Organisation

Grant

Payments ($)

B.E. Campbell (N.S.W.) Pty Ltd as trustee for the B E Campbell Trust 47,066

Bagcorp Pty Ltd ATF The Rico Tea Trust 119,449

Baiada Poultry Pty Limited 48,909

Bakers Maison Australia Pty Ltd 248,942

Balgownie Estates Pty Ltd 76,556

Ballantyne Pty Ltd 51,957

Barossa Vintners Pty Ltd ATF Barossa Vinters Unit Trust

18,042

Bartter Enterprises Pty Limited 115,422

BD & DC Starke Nominees Pty Ltd ATF Barry Starke Family Trust 36,135

B-D Farm Paris Creek Pty Ltd 388,682

Bega Cheese Limited 229,699

Bei Fang Food Supplies Pty Ltd 28,040

Beltavia Pty Ltd ATF F P Operating Trust 77,670

Benale Pty Ltd ATF Fletcher Unit Trust 396,678

Bestlan Bananas Pty Ltd 181,919

Bevans WA Pty Ltd ATF The Bevan Family Trust

49,690

Bickfords Australia Pty Ltd ATF The Bickfords Australia Unit Trust 57,029

Billabong Brewing Pty Ltd 20,551

APPENDIX G APPENDIX G

156

INNOVATION AUSTRALIA

Organisation

Grant

Payments ($)

Borrello Cheese Pty Ltd 1,469

Boundary Bend limited 676,366

Boyntons Australia Pty Ltd 46,211

Brokenwood Wines Pty Ltd as Trustee for Brokenwood Unit Trust 28,130

Brown Brothers Milawa Vineyard Pty Limited 79,590

Buderim Ginger Limited 99,475

Bundaberg Sugar Ltd 150,011

Bundaberg Walkers Engineering Ltd 12,769

Burra Foods Pty Ltd 70,099

Canon Food Services Pty Ltd as Trustee for THE CANON FOODS UNIT Trust 65,947

Capilano Honey Limited 10,867

Castelli Estate Pty Ltd 12,250

Castle Glen Liqueurs Australia Pty Ltd 29,210

Cedar Meats (Aust) Pty. Limited ATF the Cedar Meats Discretionary Trust 42,503

Cedenco Austraia Pty Ltd 74,990

Central Burnett Fruit Processors Co-operative Association Limited 214,515

CENTRAL FOUNDRY PTY LTD 45,312

Ceres Natural Foods Pty Ltd ATF The Pacirote Unit Trust

413,000

Charleston Cellars Pty Ltd 26,252

Charlesworth Nuts Pty ltd 98,400

Cheeky Monkey Brewing Co Pty Ltd 7,600

Cloyne Holdings Pty Ltd ATF The Barber Family Trust

10,021

Coca-Cola Amatil (Aust) Pty Ltd 434,260

Consolidated Manufacturing Enterprise Pty Ltd

86,700

Cool-Off Pty Ltd 293,804

Corporal Pty Ltd 81,343

CRAFTY CHEF PTY LTD 100,000

Cranhill Pty Ltd 121,600

Organisation

Grant

Payments ($)

Credaro Holdings Pty Ltd as trustee for the CREDARO FAMILY TRUST 90,479

Cullen Wines (Australia) Pty Ltd 37,818

D.S.A. Fresh Pty Ltd as trustee for Vorrasi Produce Trust 93,616

D.T.R. Holdings Pty Ltd 60,000

Dagan Trading Pty Ltd 35,310

Dalerock Investments Pty Ltd 126,345

Danomi Enterprises Pty Ltd ATF The Ice Business Trust

40,512

Dardanup Butchering Company Nominees Pty Ltd ATF Dardanup Butchering Unit Trust

9,850

d’Arenberg Pty Ltd 180,909

De Bortoli Wines Pty Ltd 3,152,307

Delatite Wines Pty Ltd 24,972

DENFOOD PTY LTD 83,976

Derby Industries Pty Ltd 230,564

Devro Pty Limited 116,062

DEW’S MEATS PTY. LTD. 3,334

Donhad Pty Ltd 111,896

D’Orsogna Limited 19,231

Driwag Smallgoods Pty Ltd as Trustee for The Wagner Family Trust 6,682

E. C. Throsby Pty. Limited 7,434

Edlyn Foods Pty Ltd 5,158

Emerald Creek Foods Pty Ltd 33,780

Emro Products Pty Ltd 38,026

ERBD Pty Limited 122,934

Exquisine Pty Ltd 69,681

Falcones Pty Limited 220,000

Ferngrove Vineyards Ltd 85,076

Fleurieu Milk Company Pty Ltd 74,585

Fonterra Australia Pty Ltd 478,240

Fonterra Brands (Australia) Pty Ltd 58,777

APPENDIX G

157

ANNUAL REPORT 2013-14

Organisation

Grant

Payments ($)

Frankland Estate Wines Pty Ltd as Trustee for the Rocky Ridge Trust 11,834

Frewstal Pty Ltd 156,500

G Patritti & Co Proprietary Limited 28,971

GAME FARM PTY LTD 149,734

GARACAMA PTY LTD 21,515

Gemtree Vineyards Pty Ltd 121,923

General Mills Manufacturing Australia Pty Ltd 56,852

Givaudan Australia Pty Limited 33,169

Golden North Pty Ltd 5,500

Goodman Fielder Limited 53,002

GrainCorp Foods Australia Pty Ltd 88,000

Greenham Tasmania Pty Ltd 174,205

Greenmountain Food Processing Pty Ltd 963,194

Harvey Industries Group Pty Ltd 60,321

Haselgrove Wines Pty Ltd 94,732

Henschke Cellars Pty Ltd 50,971

HEWITSON PTY LTD 25,936

Hunsa Smallgoods Pty Ltd 55,462

Icatron Pty Ltd as trustee for the Tip Top Butchers Trust

230,358

Indian Ocean Rock Lobster Pty Ltd 27,541

Intercast & Forge Pty Limited 136,669

Intermix Australia Pty Ltd 71,279

James A Smyth Proprietary Limited 91,400

JBS Australia Pty Limited 3,508,180

Jertvu Pty Ltd as trustee of the Jertvu Unit Trust 3,183

JEWEL OF INDIA ENTERPRISES PTY LIMITED 203,609

Jim Barry Wines Pty Ltd 93,254

Josef Chromy Wines Pty Ltd 159,933

Kagome Foods Australia Pty Ltd 1,141,526

Organisation

Grant

Payments ($)

Kellogg (Aust) Pty Ltd 1,841

Kilcoy Pastoral Company Limited 237,963

Kilikanoon Wines Pty Ltd 116,784

Kimberley Rum Company Pty Ltd 24,692

King Springworks Pty Ltd 346,779

Kingston Estate Wines Pty Ltd 217,300

Kirrihill Wines Pty Ltd 110,130

Kowald Dunn Pty Ltd 66,432

Lago Smallgoods Pty Ltd 195,291

Lion-Beer Spirits & Wine Pty Ltd 1,274,241

Lion-Dairy & Drinks Pty Ltd 243,164

Lion-Wine Pty Limited 93,116

Lloyd Brothers Wine & Olive Company Pty Ltd

25,814

M.C. Herd Proprietary Limited 129,738

Macadamia Processing Co Ltd 618,574

Mackay Sugar Limited 4,382,987

Maicap Pty Ltd ATF Maicap Unit Trust 119,871

Malic Properties Pty Ltd ATF David Delugar Family Trust T/A Avocado Processors Australia

15,470

Mara Global Foods Pty Ltd 370,150

Maralong Milling Pty Ltd 28,792

Mars Australia Pty Ltd 927,082

Massel Australia Pty Limited 97,136

Matilda’s Winery Pty Ltd 8,097

Mauri Yeast Australia Pty Limited 236,000

McCain Foods (Aust) Pty Ltd 437,942

Mexican Express Pty Ltd 46,397

Mid-North Holdings Pty Ltd ATF Craig Thomson Family Trust 30,664

Mistuskan Pty Ltd as The Trustee for Cappello Family Trust 21,868

Mitchell Clare Pty Ltd 56,960

APPENDIX G

158

INNOVATION AUSTRALIA

APPENDIX G Organisation

Grant

Payments ($)

Mitchell Foods Pty Ltd 237,139

Monarch Winemaking Services Pty Ltd 61,290

Mondelez Australia Pty Ltd 63,138

Moo Premium Foods Pty Ltd 54,014

Morlife Pty Ltd 54,617

MORTON SEED AND GRAIN PTY LTD 209,920

Mrs Mac’s Pty Ltd 591,401

MSM Milling Pty Ltd 19,623

Mungalli Creek Dairy Pty Ltd 29,616

Murray Goulburn Co-operative Co Limited 532,510

Naturale Pty Ltd 9,413

New Food Coatings Pty Ltd 125,000

New South Wales Sugar Milling Co Operative Limited

710,925

New TOCG Pty Ltd 225,757

Nissan Casting Australia Pty Ltd 186,280

NORCO CO-OPERATIVE LIMITED 25,313

North Queensland IQF Pty. Ltd. 197,897

Nu-Pure Pty Ltd ATF Nu-Pure Unit Trust 440,000

O’leary Walker Wines Pty Ltd 29,464

Olive Farm Wines ATF Olive Farm Wines Trust

32,600

Oxenberry Pty Ltd ATF The Oxenberry Trust

23,385

P & M Quality Smallgoods Pty Ltd 665,949

PARMALAT AUSTRALIA PTY LTD 68,765

Pasha Australia Pty Ltd 101,040

PEERLESS HOLDINGS PTY. LIMITED 391,028

Pepper Tree Wines Pty Limited 71,990

Peter Lehmann Wines Limited 104,759

Petersons Wines Pty Ltd 192,279

Phoenix Foundry Pty Ltd 64,540

Pikes Wines Pty Ltd 93,820

Organisation

Grant

Payments ($)

Plantagenet Wines Pty Ltd 26,140

Possums Mclaren Vineyards Pty Limited 5,169

Pronto E Fresco Pty Ltd 132,121

Pure Gelato Enterprises Pty Ltd 72,331

R & S Danube Smallgoods Pty Ltd 62,640

R.B Baking Pty Ltd 116,405

R.G. & R.T. Trott Pty Ltd 200,590

Ready Meals Pty Ltd as Trustee for Unique Foods Unit Trust 119,311

Regal Cream Products Pty Ltd atf Regal Cream Products Trust 1,723,552

Richard Gunner’s Fine Meats Pty Ltd 131,059

Rickety Gate Pty Ltd as Trustee for Rickety Gate Trust

12,977

Ridley Agriproducts Pty Ltd 91,596

RIVALEA (AUSTRALIA) PTY LTD 207,533

RL Adams Pty Ltd 267,058

Robern Menz(MFG) Pty Ltd 220,897

Ross Estate Wines Pty Ltd 30,285

Rural Developments Pty Ltd 196,748

Ryan’s Wholesale Meats Pty Ltd ATF The Ryan Wholesale Family Trust 181,834

SABMiller Australia Pty Ltd 254,728

Salena Estate Wines Pty Ltd 44,498

Sauer’s Bakehouse Pty Limited 99,660

Scarpantoni Estate Wines Pty Ltd ATF The Scarpantoni Family Trust 25,704

Seppeltsfield Wines Pty Limited 155,388

Serafino Wines Pty Limited ATF S & L Maglieri Trust

161,430

Simplot Australia Pty Limited 453,169

Sirromet Wines Pty Ltd 152,251

Skybury Coffee Pty Ltd 26,000

SONAC AUSTRALIA PTY. LTD. 440,823

Sonham Pty Limited 34,062

159

ANNUAL REPORT 2013-14

APPENDIX G

Organisation

Grant

Payments ($)

Southern Stockfeeds (Operations) Pty Ltd as trustee for Southern Stockfeeds (Operations) Hybrid Unit Trust

596,039

Spice Masters Australia Pty Ltd 336,964

Stefano’s Mildura Brewery Pty Ltd ATF Stefano’s Mildura Brewery Trust 59,863

STERIC PTY LIMITED 61,792

Sugar Australia Pty Limited 2,175,906

Sweet by Nature Pty Ltd atf Sweet Unit Trust

188,361

Sweetwater Grapes Pty Ltd ATF Robson Family Unit Trust

25,833

T & R (Murray Bridge) Pty Ltd 1,624,107

Tak Fung Hong Pty Ltd 24,251

TAMBURLAINE MANUFACTURING PTY. LIMITED 55,150

Tancredi Foods Pty Limited 30,555

Teys Australia Beenleigh Pty Ltd 1,071,155

Teys Australia Meat Group Pty Ltd ATF the Consolidated Meat Processors Unit Trust

142,122

Teys Australia Southern Pty Ltd 184,942

The Big Strawberry Pty Ltd 5,040

The British Sausage Company Pty Ltd 4,186

The Grandridge Brewing Company Pty Ltd ATF The Grandridge Brewery Unit Trust

169,523

THE PASTRY LOUNGE PTY LTD 6,410

The Trustee for A & A Romeo Family Trust

22,800

The Trustee for The GR & KC Samuelsen Family Trust 13,208

The Wrigley Company Pty Ltd 86,033

Tinlins Wines Pty Ltd ATF The Tinlins Wines Unit Trust 98,417

Tinte Pty Ltd 6,818

Tixana Pty Ltd 71,310

Organisation

Grant

Payments ($)

Torbreck Vintners Pty Limited 117,541

Torquay Butchery Pty Ltd 28,117

Townley Drop Forge Pty Ltd 5,291

Treasury Wine Estates Vintners Limited 85,712

TRUE FOODS PTY LTD 746,327

Tyrrells’ Vineyards Pty Ltd 4,330

Unilever Australia Trading Limited 44,060

V&V Walsh Pty Ltd as trustee for the GMW and RT9 Trusts 134,252

Valley Feeds Pty Ltd 45,318

Vet’s Best Products Pty Ltd 97,657

Victoria Ice Pty Ltd 32,906

Victorian Alps Wine Company Pty Ltd 399,996

Viet Huong Food Co Pty Ltd 40,460

Voyager Estate (W.A.) Pty Ltd 109,091

W Drayton & Sons Pty Ltd 178,065

Walter Clappis Nominees Pty Ltd ATF Walter Clappis Family Trust 30,181

Warburn Estate Pty Ltd 22,650

Watershed Premium Wines Ltd 220,732

Weir Minerals Australia Ltd 9,900

West Cape Howe Wines Pty Ltd 129,535

Wingara Wine Group Pty Ltd 175,871

WODONGA RENDERING PTY LTD 785,181

Woody Nook Wines Pty Ltd 27,636

Yarran Wines Pty Ltd 21,352

Z.P. International Pty Ltd 30,680

Total 59,637,218

160

INNOVATION AUSTRALIA

APPENDIX H appendix h

Clean Technology Investment Program Breakdown

table h1 Clean Technology Investment Program grant applications

received by state and territory, 2013-14

table h2 Clean Technology Investment Program grant agreements

executed by state and territory, 2013-14

table h3 Clean Technology Investment Program grant payments

by state and territory, 2013-14

table h4 Clean Technology Investment Program grant agreements

executed by entity, 2013-14

table h5 Clean Technology Investment Program grant payments

by entity, 2013-14

Note: Appendix H Tables H2 and H4 are prepared in accordance with section 46 (2) (b) (i-iv) of the IR&D Act 1986.

161

ANNUAL REPORT 2013-14

APPENDIX H

Table H1 · Clean Technology Investment

Program grant applications received

by state and territory, 2013-14

State/Territory Number

NSW 20

VIC 22

QLD 9

SA 7

WA 10

TAS 0

ACT 0

NT 0

Total 68

Note: This table does not include applications received during the year if withdrawn from consideration during the year.

Table H2 · Clean Technology Investment Program grant agreements executed by state and territory, 2013-14

State/Territory Number Value ($)

NSW 47 15,968,857

VIC 37 33,828,155

QLD 11 1,117,699

SA 10 1,707,768

WA 7 11,329,597

TAS 0

ACT 0

NT 0

Total 112 63,952,076

Table H3 · Clean Technology Investment Program

grant payments by state and territory, 2013-14

State/Territory

Total

Payments ($)

Per cent of total (%)

NSW 19,696,461 33

VIC 17,616,451 30

QLD 13,871,488 24

SA 2,396,020 4

WA 3,850,379 7

TAS 1,060,783 2

ACT 18,191 0

NT 0

Total 58,509,773 100

Note: The total figure represents the value of the payments made during the year and does not include any amounts that may have been repaid.

APPENDIX H APPENDIX H

162

INNOVATION AUSTRALIA

Table H4 · Clean Technology Investment Program grant agreements executed by entity, 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

A Plus Plastics and Tooling Pty Ltd A Plus Plastics & Tooling - Moulding Energy Management into the Future Project

250,000 31-Jul-14

A.K.C. Pty Ltd Project “Solaris” - Solar Powering Baileys

Fertilisers

84,023 30-Jun-14

Adchem (Australia) Pty Ltd Boiler Replacement and Efficiency Upgrade Project 387,564 30-Nov-13

Air Liquide W.A. Pty Ltd Replacement of the existing nitrogen and oxygen liquefier with a new modern and more energy efficient liquification unit

4,842,555 31-Jan-15

Allied Timber Products Pty Ltd Energy efficiency improvements to timber planing, major sawmill drives and compressed

air services

44,707 30-Jun-14

Allied Timber Products Pty Ltd Allied Timber - Sawmill Energy Efficiency Project 95,677 31-May-14

Allkotes Pty Limited AllKotes Solar Energy Project 101,617 30-Sep-13

Amarula Pty Ltd T/A Action Products

Replacement of injection moulding machines and energy efficient lighting 215,108 31-Oct-14

Ardagh Australia Pty Ltd Ardagh HVAC and air compressor upgrade 198,987 01-Sep-14

Aspen Management Pty Aspen Interiors Energy Efficiency and Solar PV generation upgrades 138,916 30-Apr-14

Aspen Pharma Pty Ltd Aspen Dandenong 2013 Energy Reduction 421,118 30-Apr-15

Austral Bricks (QLD) Pty Ltd Upgrade Setter for body fuel project 2,110,894 30-Jul-15

Austral Bricks (WA) Pty Ltd Austral Bricks Waterloo Brickworks 9,999,999 31-Oct-16

Auswest Timbers Pty Ltd Excess heat to power generation 300,000 30-Jun-14

Auto-Bake Proprietary Limited Auto-bake cuts its carbon emission and electricity costs with solar PVs

100,300 30-Sep-13

BOC Limited De-bottleneck of BOC’s Air Separation Unit in

Murrin Murrin, WA

553,800 31-Jan-14

Baron Rubber Proprietary Limited 45 KW SOLAR PV ELECTRICITY GENERATOR INSTALLATIONS-BRAODMEADOWS & COBURG

PLANT

77,272 31-Jul-13

BioCSL Pty Ltd Cooling Tower Rationalisation Project 261,666 31-Jan-14

Boral Cement Limited Boral Cement Maldon, Cement Grinding Aid Project 55,075 07-Aug-13

Boral Cement Limited Berrima Cement Mill Grinding Aid Project 102,702 15-Jul-13

Bossong Engineering Pty Ltd Solar Power for Bossong Engineering 286,495 30-Jun-14

Boyd Metal Industries Pty Ltd ATF Boyd Unit Trust Boyd Metal Solar Project 91,845 30-Jun-14

APPENDIX H

163

ANNUAL REPORT 2013-14

APPENDIX H

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Brickwood(Vic) Pty Ltd Installation of the latest generation closed loop chillers to replace our existing cooling system. 319,612 31-Jan-14

Bruck Textiles Pty Limited Energy efficient dyeing, boiler and steam systems for textile manufacturing 618,251 31-Jan-15

Burder Industries Pty Ltd 355KW Solar Photo Voltaic Installation Project 340,040 30-Jun-14

CCS Media Packaging Pty Ltd 150kW Solar Panel Installation at CCS Media Packaging Pty Ltd 155,750 31-Jan-15

CCW Cabinet Works Pty Ltd CCW Cabinetworks Solar Project 104,681 31-Dec-13

CSL Behring (Australia) Pty Ltd Energy Efficient Upgrade 323,939 30-Jun-14

CSR Building Products Limited Gyprock Welshpool Lighting Upgrade 73,750 28-Feb-14

CSR Building Products Limited New Pulp Refiners 201,271 31-Jan-14

CSR Building Products Limited Air Compressor Replacement 27,945 31-Aug-13

Chemson Pacific Pty Ltd Energy efficiency and performance improvements at Chemson Pacific’s plastic additives factory

211,265 30-Nov-13

Chevron Glass Pty Ltd Plant Compressed Air Upgrade 30,000 31-Dec-13

D H Gibson Pty Limited Upgrade of inefficient internal and external factory lighting with fluorescent T5 and LED lamps and installation of power factor correction

152,500 14-Feb-14

Downer EDI Works Pty Ltd Downer - ‘Green’ Mobile Asphalt Plant Components 259,499 31-Mar-14

Downer EDI Works Pty Ltd Bayswater Asphalt Plant 2,090,841 31-Mar-14

Enware Australia Pty Ltd Energy efficiency and Solar PV generation upgrades for Enware Australia 149,483 31-Dec-13

Equada Pty Ltd MPD - Print Energy Saving Project 64,886 15-Jul-14

Ferra Engineering Pty Ltd Reducing the carbon footprint of Ferra Engineering through the use of energy efficient machinery and processes.

150,000 31-May-15

Foamex Victoria Pty Ltd Replacement of two old inefficient boilers with one efficient boiler with economiser and VSDs and upgrade of steam supply system

316,807 31-Jan-14

Fresenius Kabi Australia Pty Limited Mt Kuringai Compounding Centre Clean Initiative 99,549 28-Feb-14

Fulton Hogan Industries Pty Ltd Fulton Hogan Carbon Reduction Programme at Asphalt Manufacturing Plants

7,273,813 30-Apr-15

Godfrey Hirst Australia Pty Ltd GHA Group High Efficiency Lighting Project 238,343 31-Mar-14

APPENDIX H

164

INNOVATION AUSTRALIA

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Gunnedah Leather Processors Pty Limited Lighting, compressed air system and LPG hot water system for CO2 vapourisation

improvements

80,577 31-Dec-13

Harrison Manufacturing Co Pty Limited Harrison Manufacturing’s Energy efficient replacement thermal oil heater and emissions

scrubber for industrial grease manufacturing process

328,124 20-Feb-16

Hirotec Australia Pty Ltd Hirotec Australia lighting efficiency upgrade 85,697 30-Jun-14

Holcim (Australia) Pty Ltd Implement roof top Solar Photo-voltaic generation at a Humes manufacturing facility 72,102 30-Jun-14

Holcim (Australia) Pty Ltd Improve the efficiency and losses at Humes steam curing of concrete products 133,808 30-Sep-14

Hume Doors & Timber (Aust) Pty Ltd Hume Doors and Timber’s lighting upgrade 153,111 31-Jan-14

Impreglon Australia Pty Ltd Impreglon Energy Efficiency Projects 64,351 30-Sep-13

Interiorco Vic Pty Ltd New Powder Coating Plant with In line Treatment 447,580 30-Apr-14

Iplex Pipelines Australia Pty Limited Energy efficient LED lighting upgrade 186,666 30-Nov-13

J Furphy & Sons Proprietary Limited Furphy’s - An Australian Icon - The Next 140 Years 133,896 31-May-14

Jamjen Pty Ltd T/A P&M Plastics and Rubber Vacuum forming heating system replacement project

90,735 30-Jun-14

Kotzur Pty Ltd Kotzur 226kW Solar Array 219,234 30-Sep-13

Laminex Group Pty Ltd Laminex Group Ballarat Decorating Facility Lighting Upgrade 47,593 28-Feb-14

Lamson Paragon Pty Ltd as Trustee for Lamson Paragon Trust

Lamson Paragon’s Lighting Upgrade Project 72,406 30-Nov-13

Lifestyle Australia Pty Ltd Installation of 99.75kW, Rooftop Grid-connected Solar Power System 89,984 08-Nov-13

Lituno Pty Ltd ATF The David Scott Trust Lituno Pty Ltd’s Solar PV Powered Printing at Industrial Printing Co.

78,350 31-Jan-14

MHG Glass Pty Limited Energy efficiency glass plant retrofit project 378,527 31-May-14

Macleay River Hardwoods Pty Limited ATF Hardwoods Australia Trust

Improve energy efficiency and install solar power at Macleay River Hardwoods 106,700 31-Dec-13

Main Star Australia Pty Limited

Main Star energy source change and efficiency increase project 157,577 30-Nov-13

Micronisers Pty Ltd 99.75kWp Grid-Connect Solar PV Plant for Micronisers Pty Ltd in Dandenong, Victoria. 105,000 28-Feb-14

Momentive Specialty Chemicals Pty Ltd

Process Blower Energy Use Reduction 270,000 30-Apr-14

APPENDIX H

165

ANNUAL REPORT 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Monroe Australia Pty Limited Air compressor and lighting upgrade 215,871 31-May-14

Monroe Springs (Australia) Pty Ltd Hot Water Boiler Upgrade, Lighting Upgrade and Heat Recovery

142,132 31-May-14

Narrogin Hay Pty Ltd Installation of variable speed drives on major hydraulic pump motors 219,997 30-Nov-13

National Hide Processors Pty Ltd ATF National Hide Processors Unit Trust

Installation of Energy Saving Induction Lighting for Brine Curing Export Facility Site 37,114 28-Feb-14

Ness Corporation Pty Limited Solar PV Installation, Lighting Upgrade and Energy Management System 56,125 31-Mar-14

Nowra Chemical Manufacturers Pty Ltd Nowra Chemicals Carbon Reliance Reduction Programme (CRRP)

96,017 31-Oct-13

OZRoll Pty Ltd Renewable energy source and lighting based energy efficiency improvements for Ozroll Pty Ltd manufacturing site.

107,153 30-Sep-13

Orora Limited Scoresby Energy Efficiency Project 309,894 31-Mar-15

Orora Limited Compressed Air Management Project 103,501 31-Aug-14

Orora Limited Botany Cartons Energy Efficiency Project 198,230 31-Dec-14

Orora Limited SRB Energy Efficiency Project 112,836 01-Dec-14

Orora Limited Dandenong Beverage Energy Efficiency Project 87,492 31-Dec-14

PPG Industries Australia Pty Limited Clayton Site Lighting upgrade 95,553 31-Dec-14

Pental Limited Pental - Project Clean 733,959 30-Jun-14

Precision Shower Screens & Robes Pty Ltd 99.82kW Grid-Connected Solar PV System + LED Tube & LED High Bay Lighting Replacements

99,677 15-Sep-13

Prysmian Power Cables & Systems Australia Pty Limited

Prysmian Power Cables & Systems - Energy Excellence Project 329,176 31-Mar-15

Prysmian Telecom Cables & Systems Australia Pty Ltd Prysmian Telecom Cables & Systems - Energy Excellence Project (referred to as The Project)

289,238 30-Nov-14

Quarry Mining & Construction Equipment Pty Ltd

Quarry Mining & Construction Equipment Solar Power Installation 90,000 31-Mar-15

R & N Barr Sandblasting Company Pty Ltd ATF The Barr Discretionary Trust

Energy cost reduction project 29,030 31-Jul-13

Regency Media Pty Ltd Regency Media - Replication equipment efficiency improvement 177,447 31-Dec-13

Reomart Pty Limited Reomart - Energy Reduction Initiative 153,595 31-Mar-14

Rheem Australia Pty Limited The re-organisation of Rheem’s Australian manufacturing base to improve the energy efficiency and carbon footprint of its operations

1,496,667 31-Jul-15

APPENDIX H APPENDIX H

166

INNOVATION AUSTRALIA

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Romar Engineering Pty Ltd Romar Engineering’s replacement of high-energy Class 8 Clean Room and manufacturing equipment

140,035 30-Jun-14

S & L STEEL FABRICATIONS PTY LIMITED Project “Helios” - Solar Powering S&L Steel Fabrications

369,618 31-Jan-16

SMR Automotive Australia Pty Limited SMRA Australia Energy Reduction Initiatives. 121,732 30-Jun-14

Sandvik Australia Pty Ltd Sandvik Smithfield - Energy Saving Upgrade 88,211 30-Apr-14

Scott Printers Pty Ltd Energy Efficiency Projects 69,963 31-Jan-14

Seeley International Pty Ltd Installation of energy efficient lighting at Seeley International’s Lonsdale plant 57,397 30-Jun-14

Simplicity Australia Pty Ltd Simplicity Solar Power Project 136,256 30-Jun-14

Sulo MGB Australia Pty Ltd Capital upgrades for chilled water and compressed air equipment along with automation of recycling equipment

249,069 31-Oct-14

TT Steel Centre Australia Pty Ltd Solar Power System for Steel Processing Plant 471,292 16-May-14

Techno-Plas Pty Ltd Installation of 99.75kW, Grid Connected Solar Power System 124,793 30-Nov-13

Textor Technologies Pty Ltd Upgrade of Textor’s hydro-entanglement line for an energy efficient future. 3,044,640 30-Apr-14

The Austral Brick Co Pty Ltd Landfill gas and Biomass project 2,583,028 31-Jan-14

The Austral Brick Co Pty Ltd Sawdust and Reduction by pass project 1,836,333 31-Dec-15

The Franklin Printing Group Pty Ltd Acquisition of one highly energy efficient heatset web press to replace two less efficient machines

1,889,791 30-Nov-13

The Victoria Carpet Company Proprietary Limited Emission Reduction Project: Victoria Carpets Dandenong Plant

48,105 31-Mar-14

Toyota Motor Corporation Australia Ltd Toyota Australia’s Sustainable Energy Future Project

8,026,549 30-Aug-15

Tycab Australia Pty Ltd Upgrade inefficient lighting to LED 66,365 31-Dec-13

Ultra Plas Pty Ltd Ultra Plas 280.5kW roof mounted solar power system designed and commissioned by Energy Aware Pty Ltd

272,727 15-Jun-14

Visy Packaging Pty Ltd Visy Clayton Cans Energy Efficient Compressors Upgrade 202,200 31-Jul-13

Voyelle Pty Ltd Installation of a 100kW PV Solar Power System 81,335 30-Jun-14

W R Bright & Sons (Fairfield) Pty Ltd Solar PV Electricity Source and Induction Light Upgrade for the Production Areas

153,464 31-Jan-14

WELLEN PTY LTD Compressed Air System and Manufacturing Area Lighting Upgrade Project 240,424 14-Oct-13

APPENDIX H

167

ANNUAL REPORT 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

Walker Australia Pty. Limited PLC Upgrade (Hydraulic machines automatic shut-off) and Lighting Upgrade 175,000 30-Apr-14

Ware Products Pty Ltd Ware Products Solar Project 402,561 31-Dec-13

Wespine Industries Pty Ltd Improved efficiency heat plants for timber seasoning kilns 577,275 31-Mar-14

Woods Furniture Pty Ltd Energy efficient upgrades to furniture manufacturing plant including lighting upgrade, CNC timber routing machine and a solar power system

118,646 15-Nov-13

Total 63,952,076

Table H5 · Clean Technology Investment Program grant payments by entity, 2013-14

Organisation

Grant

Payments ($)

A Plus Plastics and Tooling Pty Ltd 200,000

A. RICHARDS PTY LTD 541,858

A.K.C. Pty Ltd 8,252

ABB AUSTRALIA PTY LIMITED 72,213

Abbe Corrugated Pty Ltd as The Temora Dell Unit Trust

75,227

ACE Gutters Pty Ltd 261,776

Adchem (Australia) Pty Ltd 387,564

Advatek Pty Ltd 48,783

Air Liquide Australia Ltd 273,395

Air Liquide W.A. Pty Ltd 2,011,965

ALBRIGHT & WILSON (AUSTRALIA) LIMITED 13,597

ALLEN TAYLOR & COMPANY LTD 200,468

Allied Timber Products Pty Ltd 54,243

Allkotes Pty Limited 81,293

Alto Manufacturing Pty Ltd 163,530

Amarula Pty Ltd T/A Action Products 148,448

Andpak (Aust) Pty Ltd ATF The Andpak (Aust) Unit Trust 254,049

ArcelorMittal Tailored Blanks Adelaide Pty Ltd 86,538

Organisation

Grant

Payments ($)

Ardagh Australia Pty Ltd 115,729

Aspen Management Pty 111,132

Aspen Pharma Pty Ltd 220,542

Asphalt Surfaces Pty Ltd 1,555,466

Austral Bricks (QLD) Pty Ltd 998,317

Australian Plastics Extrusions Pty Ltd ATF Apex Films Unit Trust 318,698

Australian Professional Galvanizing Pty Ltd 12,000

Auswest Timbers Pty Ltd 112,000

Auto-Bake Proprietary Limited 80,240

Ballarat Concrete Products Pty Ltd 172,327

Baradoma Pty Ltd 35,849

Barfell Industries Pty Limited 29,012

Baron Rubber Proprietary Limited 165,617

Baxter Healthcare Pty Ltd 840,023

Baxter Laboratories Pty Ltd 32,724

BioCSL Pty Ltd 209,332

BOC Limited 6,096,278

Boral Cement Limited 126,221

Boss Engineering Pty Ltd ATF BOSS Engineering Unit Trust 42,170

APPENDIX H APPENDIX H

168

INNOVATION AUSTRALIA

Organisation

Grant

Payments ($)

Bossong Engineering Pty Ltd 127,006

Boyd Metal Industries Pty Ltd ATF Boyd Unit Trust

9,184

Brickwood(Vic) Pty Ltd 255,689

Bruck Textiles Pty Limited 1,664,400

Burder Industries Pty Ltd 272,032

CCS Media Packaging Pty Ltd 124,600

CCW Cabinet Works Pty Ltd 83,744

Cement Australia Pty Limited 7,600,000

Chemson Pacific Pty Ltd 169,012

Chevron Glass Pty Ltd 27,845

Cinqplast Plastop Australia Pty Limited 47,265

Coastline Kitchens (WA) Pty Ltd 142,888

Continental Pty Ltd 102,973

Corex Plastics (Australia) Pty Ltd 46,266

Crystal Printing Solutions Pty Ltd 117,715

CSL Behring (Australia) Pty Ltd 160,770

CSR Building Products Limited 635,985

D H Gibson Pty Limited 71,799

DBSJ Investments Pty Ltd 7,473

Diab Engineering Pty Ltd as Trustee for THE PAYNE FAMILY TRUST 27,951

DOLPHIN PRODUCTS PROPRIETARY LIMITED 21,519

Dongwha Timbers Pty Ltd 1,319,533

Downer EDI Works Pty Ltd 1,885,842

E.M. UTICK PTY LTD 202,540

Elvin Group Pty Ltd 18,191

Enware Australia Pty Ltd 119,586

Equada Pty Ltd 27,480

Fairfax Media Limited 82,364

FLOWLINE INDUSTRIES PTY. LTD. 111,498

Foamex Victoria Pty Ltd 253,445

Organisation

Grant

Payments ($)

Focus Press Pty Limited 355,945

FOODMACH PTY. LTD. 61,180

Fresenius Kabi Australia Pty Limited 79,639

Fulton Hogan Industries Pty Ltd 1,078,219

Futuris Automotive Interiors (Australia) Pty Ltd 76,000

G H Varley Pty Ltd 110,771

GEELONG GALVANIZING PTY. LTD. 102,178

GlaxoSmithKline Australia Pty Ltd 98,060

Global Roto-Moulding Pty Ltd 359,840

Godfrey Hirst Australia Pty Ltd 178,495

Gunnedah Leather Processors Pty Limited 64,461

Hardchrome Engineering Pty Ltd 299,000

Hedel Holdings Pty Ltd 4,874

Hexan Holdings Pty Ltd 14,835

Hilton Manufacturing Pty Ltd 42,543

Holcim (Australia) Pty Ltd 90,982

Howden Printing Pty. Ltd. 123,837

Howe And Company Proprietary Limited 25,626

Hume Doors & Timber (Aust) Pty Ltd 122,488

Icon Plastics Pty Ltd 38,973

Impreglon Australia Pty Ltd 21,776

Interiorco Vic Pty Ltd 358,064

Intervet Australia Pty Limited 268,528

Iplex Pipelines Australia Pty Limited 215,998

KJM Contractors Pty Ltd 201,553

Kotzur Pty Ltd 175,387

Labelmakers Group Pty Ltd 157,834

Laminex Group Pty Ltd 47,432

Lamson Paragon Pty Ltd as Trustee for Lamson Paragon Trust 72,031

APPENDIX H

169

ANNUAL REPORT 2013-14

Organisation

Grant

Payments ($)

Landis & Gyr Pty Ltd 6,649

Lifestyle Australia Pty Ltd 89,984

Lituno Pty Ltd ATF The David Scott Trust 62,680

Lock Focus Pty. Ltd. 5,000

M.H. Plastics Pty Ltd 76,121

Macleay River Hardwoods Pty Limited ATF Hardwoods Australia Trust 82,635

Main Star Australia Pty Limited 89,191

MHG Glass Pty Limited 173,652

Micronisers Pty Ltd 84,000

Monroe Australia Pty Limited 158,371

Monroe Springs (Australia) Pty Ltd 6,667

N.H.P. Electrical Engineering Products Proprietary Limited 96,066

Narrogin Hay Pty Ltd 219,997

National Hide Processors Pty Ltd ATF National Hide Processors Unit Trust 29,691

Nationwide Oil Pty Ltd 77,981

Ness Corporation Pty Limited 44,900

Nowra Chemical Manufacturers Pty Ltd 76,813

NUFARM AUSTRALIA LIMITED 22,642

Orora Limited 779,933

OZRoll Pty Ltd 78,019

PACT Group Holdings (Australia) Pty Ltd 221,251

Performax International Pty Ltd 45,148

PPC Moulding Services Pty Limited 26,000

Precision Shower Screens & Robes Pty Ltd 79,741

Prysmian Telecom Cables & Systems Australia Pty Ltd 21,074

PTE Hydraulics Pty Ltd 21,780

Quarry Mining & Construction Equipment Pty Ltd 72,000

Organisation

Grant

Payments ($)

R & N Barr Sandblasting Company Pty Ltd ATF The Barr Discretionary Trust 29,030

Regency Media Pty Ltd 6,551

Reomart Pty Limited 122,876

Rheem Australia Pty Limited 255,882

Rindin Enterprises Pty Ltd 52,747

Romar Engineering Pty Ltd 79,768

S&L STEEL FABRICATIONS PTY LIMITED 56,000

SA Pine Pty Ltd 75,850

Sandvik Australia Pty Ltd 53,968

Scott Printers Pty Ltd 55,970

Silanna Semiconductor Pty Ltd 137,154

Simplicity Australia Pty Ltd 13,475

SOCOBELL O.E.M. PTY. LTD. 330,366

Sulo MGB Australia Pty Ltd 160,487

Supa Stik Labels & Labelling Systems Pty Ltd 74,109

T.W. Woods Construction Pty Ltd 89,434

Tacca Industries Pty Ltd 207,529

Tasmanian Alkaloids Pty Ltd 837,093

Tech Plas Extrusions Pty Ltd 387,341

Techno-Plas Pty Ltd 166,841

Textor Technologies Pty Ltd 2,435,712

The Austral Brick Co Pty Ltd 2,176,905

The Franklin Printing Group Pty Ltd 1,583,481

The Victoria Carpet Company Proprietary Limited

92,483

Toyota Motor Corporation Australia Ltd 745,899

TPI Enterprises Ltd 223,690

Trident Plastics (SA) Pty Ltd 115,758

Tri-Tech Chemical Co. Pty. Ltd. 63,480

TT Steel Centre Australia Pty Ltd 377,033

Tycab Australia Pty Ltd 53,092

APPENDIX H APPENDIX H

170

INNOVATION AUSTRALIA

Organisation

Grant

Payments ($)

Ultra Plas Pty Ltd 171,727

Unique Metal Works Pty Ltd 235,022

Visy Packaging Pty Ltd 202,200

W R Bright & Sons (Fairfield) Pty Ltd 122,771

Wagners CFT Manufacturing Pty. Ltd. 388,551

Wagners Queensland Pty Ltd 4,941,729

Walker Australia Pty. Limited 489,712

Ware Products Pty Ltd 402,561

WELLEN PTY LTD 192,339

Organisation

Grant

Payments ($)

Wespine Industries Pty Ltd 461,820

Westfert Pty Ltd 250,833

Wilson Transformer Company Proprietary Limited

7,582

Woods Furniture Pty Ltd 94,916

Total 58,509,773

APPENDIX H

171

ANNUAL REPORT 2013-14

appendix i Clean Technology Innovation Program Breakdown

table i1 Clean Technology Innovation Program grant applications

received by state and territory, 2013-14

table i2 Clean Technology Innovation Program grant agreements

executed by state and territory, 2013-14

table i3 Clean Technology Innovation Program grant payments

by state and territory, 2013-14

table i4 Clean Technology Innovation Program grant agreements

executed by entity, 2013-14

table i5 Clean Technology Innovation Program grant payments

by entity, 2013-14

APPENDIX I

Note: Appendix I, tables I2 and I4 are prepared in accordance with section 46 (2) (b) (i-iv) of the IR&D Act 1986.

172

INNOVATION AUSTRALIA

Table I1 · Clean Technology Innovation Program grant applications received by state and territory, 2013-14

State/Territory Number

NSW 1

VIC 5

QLD 4

SA 2

WA 0

TAS 0

ACT 0

NT 0

Total 12

Note: This table does not include applications received during the year if withdrawn from consideration during the year.

Table I2 · Clean Technology Innovation Program grant agreements executed by state and territory, 2013-14

State/Territory Number Value ($)

NSW 3 3,952,710

VIC 1 1,403,860

QLD 5 9,660,720

SA 2 607,666

WA 2 318,037

TAS 1 436,825

ACT 0 0

NT 0 0

Total 14 16,379,818

Table I3 · Clean Technology Innovation Program grant payments by state and territory, 2013-14

State/Territory

Total Payments ($) Per cent of total (%)

NSW 2,865,925 16

VIC 2,494,753 14

QLD 7,503,587 43

SA 463,828 3

WA 2,904,660 16

TAS 1,355,901 8

ACT 0 0

NT 0 0

Total 17,588,654 100

Note: The total figure represents the value of the payments made during the year and does not include any amounts that may have been repaid.

APPENDIX I

173

ANNUAL REPORT 2013-14

Table I4 · Clean Technology Innovation Program grant agreements executed by entity 2013-14

Recipient Activity

Agreed Grant ($)

Planned Completion Date

300K Enterprises Pty Ltd Trial of Last Mile Communications (LMC) infrastructure in Roxby Downs, combining hot-swappable LED streetlights with advanced sensor networks.

436,825 30-Jun-14

AquaHydrex Pty Ltd Low cost, Low CO2 input hydrogen manufacturing. 2,273,498 31-Dec-14

BT Imaging Pty Ltd New Manufacturing Inspection Technology and Advanced Process Control Systems for Solar Wafer and Solar Cell Production.

763,678 31-Mar-15

BluGlass Limited Versatile prototype deposition platform for higher performing, energy saving, lower cost Nitride based LEDs on various substrates including silicon.

2,999,355 30-Dec-15

CO2Algae Pty Ltd Energy generation through waste management in the wine industry utilising anaerobic digestion. 188,037 30-Jun-14

Ergon Energy Corporation Limited Australian Validation of Adaptive LED Street Light Systems.

315,846 26-Jun-15

HIVAP Pty Ltd The HIVAP Evaporative Process for Cooling Towers, to reduce power consumption, greenhouse gases and water use.

130,000 31-Jul-14

IPACS Power Pty Ltd High performance computing for coal-fired boiler optimisation. 110,000 31-Jan-15

Katru Eco-Inventions Pty Ltd IMPLUX wind power turbine testing. 189,677 30-Jun-14

LC Engineering Pty Ltd Solar Diesel Remote Power Energy Management System. 805,770 31-Jul-15

NOJA Power Switchgear Pty Ltd Clean Technology Smart Network Distribution Switchgear.

5,000,000 31-Oct-15

Nano-Nouvelle Pty Ltd Nano-E 3D Electrode Technology - Driving Efficiency in Hybrid and Electric Vehicles -Scale up to demonstration plant and Advanced R&D.

1,265,606 31-Dec-14

Quikcool Cooling Technologies Pty Ltd

Early Stage Commercialisation of Medium Temperature Thermal Storage PCM Refrigeration System.

497,666 31-Dec-14

Rubicon Research Pty Ltd Rubicon Water; Low Energy Pipeline Project. 1,403,860 30-Jun-14

Total 16,379,818

APPENDIX I

APPENDIX

174

INNOVATION AUSTRALIA

Table I5 · Clean Technology Innovation Program grant payments by entity, 2013-14

Organisation

Grant

Payments ($)

300K Enterprises Pty Ltd 414,984

Ansac Pty Ltd 1,796,126

AquaHydrex Pty Ltd 1,265,884

BluGlass Limited 1,430,954

BT Imaging Pty Ltd 552,499

Carnegie Wave Energy Limited 806,399

CO2Algae Pty Ltd 178,635

Definium Technologies Pty Ltd 18,562

Dunham Holdings Pty Ltd 256,461

Ergon Energy Corporation Limited 286,846

HIVAP Pty Ltd 123,500

IPACS Power Pty Ltd 86,587

Katru Eco-Inventions Pty Ltd 180,193

LC Engineering Pty Ltd 454,482

Organisation

Grant

Payments ($)

Monkey Bar Couplers Pty Ltd 156,248

Nano-Nouvelle Pty Ltd 680,155

NOJA Power Switchgear Pty Ltd 2,156,417

Peak3 Pty Ltd 453,414

Quikcool Cooling Technologies Pty Ltd 377,241

Radial Flux Laboratories Pty Ltd 101,043

RedFlow Limited 2,206,389

River Power Tasmania Pty Ltd 597,780

Rubicon Research Pty Ltd 1,333,667

Saturn South Pty Ltd 5,514

SEDWYN Pty Ltd 62,600

Semitech Semiconductor Pty Ltd 1,004,838

The Crucible Group Pty Ltd 601,236

Total 17,588,654

APPENDIX I

175

ANNUAL REPORT 2013-14

APPENDIX J appendix j

Early Stage Venture Capital Limited Partnerships (ESVCLP) Programme Breakdown

table j1 List of current ESVCLPs at 30 June 2014

table j2 List of partnerships that became EVCLPs during 201314

table j3 List of partnerships that ceased to be EVCLPs during 201314

table j4 List of conditional EVCLP registrations lapsed during 201314

Note: Appendix J, tables J1 to J3 are prepared in accordance with section 46 (2A) (g - l) of the IR&D Act 1986. In reference to section 46 (2A) ( j), (k) and (l) there are no entities registered under Part 3 of the Venture Capital Act 2002.

176

INNOVATION AUSTRALIA

Table J1 · List of current ESVCLPs at 30 June 2014

Registration [s13-1(1A)]: As at 30 June 2014 the following partnerships were registered under section13-1(1A) of the Venture Capital Act 2002.

Registration taken to have come into force

1. AirTree Ventures Partnership LP ILP0000128 - NSW, an incorporated limited partnership registered in NSW 12/06/14

2. Arowana Partners Growth Enterprise Fund II, LP ILP0000087, an incorporated limited partnership registered in NSW 11/05/11

3. Blackbird Ventures 2012, LP ILP0000103, an incorporated limited partnership registered in NSW 09/07/12

4. Carnegie Innovation Fund, LP ILP0000080 - an incorporated limited partnership registered in NSW 20/01/11

5. Carnegie Innovation Fund No.2, LP ILP0000120 - an incorporated limited partnership registered in NSW 19/07/13

6. Constant Innovation, LP L0000199P - an incorporated limited partnership registered in VIC 04/06/10

7. OneVentures Innovation Fund, LP ILP0000063, an incorporated limited partnership registered in NSW 04/02/09

8. Sydney Angels Sidecar Fund LP ILP0000071, an incorporated limited partnership registered in NSW 29/06/10

Conditional registration [s13-5(1A)]: Limited partnerships that do not qualify for registration can be conditionally registered. The partnership then has 24 months to achieve registration. As at 30 June 2014 the following partnerships were conditionally registered under section 13 5(1A) of the Venture Capital Act 2002.

Registration taken to have come into force

1. Blue Sky VC2012 Fund LP ILP0010 - QLD, an incorporated limited partnership registered in QLD 03/08/12

2. BlueChilli Venture Fund I.L.P. ILP0000116, an incorporated limited partnership registered in NSW 16/08/13

3. Future Capital Development Fund II LP L0000267F, an incorporated limited partnership registered in VIC 16/08/13

4. Jolimont Mining Technology Fund L0000267F, an incorporated limited partnership registered in VIC 27/09/12

5. Reinventure Fund, I.L.P ILP0000112, an incorporated limited partnership registered in NSW 21/02/14

6. Slingshot Venture Fund I LP ILP0000112, an incorporated limited partnership registered in NSW 08/04/13

7. Tank Stream Ventures Fund I, LP ILP0000110, an incorporated limited partnership registered in NSW 08/04/13

APPENDIX J

177

ANNUAL REPORT 2013-14

APPENDIX J

Table J2 · List of partnerships that became ESVCLPs during 2013-14

Registration [section 13-1(1A)]

Board decision

Registration taken to have come into force*

1. AirTree Ventures Partnership LP ILP0000128 - NSW, an incorporated limited partnership registered in 12/06/14 08/05/14

2. Carnegie Innovation Fund No.2, LP ILP0000120 - an incorporated limited partnership registered in NSW 21/02/14 19/07/13

* The Venture Capital Act 2002 [s13-10] provides for a partnership’s full registration to be backdated when the partnership was first conditionally registered, or when it was established.

Conditional registration [section 13-5(1A)]

Conditional registration effective

1. BlueChilli Venture Fund I.L.P. ILP0000116, an incorporated limited partnership registered in NSW 16/08/13

2. Carnegie Innovation Fund No.2, LP ILP0000120 - an incorporated limited partnership registered in NSW 27/09/13

3. Future Capital Development Fund II LP L0000337B, an incorporated limited partnership registered in VIC 16/08/13

4. Reinventure Fund, I.L.P ILP0000112, an incorporated limited partnership registered in NSW 21/02/14

Table J3 · List of partnerships that ceased to be ESVCLPs during 2013-14

Under Section 17-25 Date revoked

N/A

Table J4 · List of conditional ESVCLP registrations lapsed during 2013-14

1. Australian Clean Tech - Innovation Partnership ILP0000092, an incorporated limited partnership registered in NSW 23/09/13

2. Digital Accelerator LP L0000217P, an incorporated limited partnership registered in VIC 23/09/13

3. Early Stage Capital Expansion Fund LP L0000196H, an incorporated limited partnership registered in VIC 07/06/14

4. Exemplar Fund LP ILP0009, an incorporated limited partnership registered in QLD 23/09/13

5. The Kaz Capital Innovation Fund ILP0000101, an incorporated limited partnership registered in NSW 07/06/14

REPORTING REQUIREMENT Innovation Australia confirms that all registered Early Stage Venture Capital Limited Partnerships met

the requirements of section 15-17 of the VC Act.

178

INNOVATION AUSTRALIA

APPENDIX K appendix k

Venture Capital Limited Partnerships (VCLP) Programme Breakdown

table k1 List of current VCLPs at 30 June 2014

table k2 List of partnerships that became VCLPs during 2013-14

table k3 List of conditional VCLP registrations lapsed during 2013-14

table k4 List of partnerships that ceased to be VCLPs during 2013-14

Note: Appendix K, tables K1 to K4 are prepared in accordance with section 46 (2A) (g - l) of the IR&D Act 1986. In reference to section 46 (2A) ( j), (k) and (l) there are no entities registered under Part 3 of the Venture Capital Act 2002.

179

ANNUAL REPORT 2013-14

APPENDIX K

Table K1 · List current VCLPs at 30 June 2014

Registration [s13-1]: As at 30 June 2014 the following partnerships were registered under section 13-1 of the Venture Capital Act 2002. These VCLPs have raised at least $10 million.

Registration taken to have come into force

1. Anacacia Partnership 1, LP ILP0000036, an incorporated limited partnership registered in NSW 13/06/07

2. Anacacia Partnership II, LP ILP0000100, an incorporated limited partnership registered in NSW 24/04/12

3. Anchorage Capital Partners Fund, LP ILP0000049, an incorporated limited partnership registered in NSW 07/04/08

4. Anchorage Capital Partners Fund II, LP ILP0000107, an incorporated limited partnership registered in NSW 13/11/12

5. ANU MTAA Super Venture Capital Partnership, LP 19000001, an incorporated limited partnership registered in the ACT 28/07/05

6. Archer Capital VCLP 3, LP ILP00000006, an incorporated limited partnership registered in NSW 29/04/04

7. Archer Capital VCLP 4, LP ILP0000067, an incorporated limited partnership registered in NSW 04/03/10

8. Archer Capital VCLP 5, LP ILP0000097, an incorporated limited partnership registered in NSW 25/10/11

9. Archer Capital VCLP GF 1, LP ILP0000015, an incorporated limited partnership registered in NSW 26/06/06

10. Archer Capital VCLP GF 2, LP ILP0000089, an incorporated limited partnership registered in NSW 03/06/11

11. Arowana Capital Australasian Micro-Cap Private Equity Partnership 1, LP ILP0000039, an incorporated limited partnership registered in NSW 18/07/07

12. BBF1 IIF Partnership, LP ILP0000042, an incorporated limited partnership registered in NSW 16/11/07

13. CHAMP Ventures Investments 7 LP ILP0000083 an incorporated limited partnership registered in NSW 18/02/11

14. Cleantech Australia Fund, LP L0000146S, an incorporated limited partnership registered in VIC 31/08/07

15. Crescent Capital Partnership III, LP ILP0000023, an incorporated limited partnership registered in NSW 25/10/06

16. Crescent Capital Partners IV, LP ILP0000069, an incorporated limited partnership registered in NSW 15/06/10

17. CWC Corporate Opportunity No.1 Limited Partnership, LP L0000113A, an incorporated limited partnership registered in VIC 20/09/06

18. Equity Partners Fund No. 3, LP ILP0000018, an incorporated limited partnership registered in NSW 15/11/06

19. Fulcrum Capital Partners No.1, LP ILP0000026, an incorporated limited partnership registered in NSW 14/02/07

20. Harbert Australian Private Equity Fund I, LP 090053575, is a limited partnership registered with the State of Delaware 23/02/09

21. Harbert Australian Private Equity Fund II, LP L0000188J, an incorporated limited a partnership registered in VIC 04/09/09

180

INNOVATION AUSTRALIA

Registration [s13-1]: As at 30 June 2014 the following partnerships were registered under section 13-1 of the Venture Capital Act 2002. These VCLPs have raised at least $10 million.

Registration taken to have come into force

22. Innovation Capital Fund II, LP ILP0000013, an incorporated limited partnership registered in NSW 07/10/05

23. Jolimont Secondaries Fund II, LP L0000119N, an incorporated limited a partnership registered in VIC 15/11/06

24. Lazard Australia Corporate Opportunity Fund 2A, LP ILP0000094, an incorporated limited partnership registered in NSW 25/08/11

25. MRCF IIF, LP

ILP0000082, an incorporated limited partnership registered in NSW 27/01/11

26. Next Capital 1, LP L0000101T, an incorporated limited partnership registered in VIC 13/10/05

27. Next Capital II, LP L0000159B, an incorporated limited partnership registered in VIC 12/02/08

28. Propel Private Equity Fund II, LP ILP0000002, an incorporated limited partnership registered in NSW 26/07/04

29. Quadrant Private Equity No 1, LP ILP0000011, an incorporated limited partnership registered in NSW 13/09/05

30. Quadrant Private Equity Fund No.2, LP ILP0000030, an incorporated limited partnership registered in NSW 23/01/07

31. Quadrant Private Equity Fund No.3, LP ILP0000078, an incorporated limited partnership registered in NSW 29/11/10

32. Quadrant Private Equity Fund No.4, LP ILP00000124, an incorporated limited partnership registered in NSW 20/12/13

33. South Australian Life Science Advancement Partnership, LP LP020, an incorporated limited partnership registered in SA 20/09/06

34. Southern Cross Fund No. 1, LP ILP0000017, an incorporated limited partnership registered in NSW 22/06/06

35. Starfish Technology Fund I, LP L0000062J, an incorporated limited partnership registered in VIC 12/12/03

36. Starfish Technology Fund II, LP L0000128P, an incorporated limited partnership registered in VIC 17/04/07

37. Wolseley Partners Fund I, LP ILP0000009, an incorporated limited partnership registered in NSW 07/09/04

38. Wolseley Partners Fund II, LP ILP0000045, an incorporated limited partnership registered in NSW 16/10/07

39. Yuuwa Capital, LP ILP0000058, an incorporated limited partnership registered in NSW 10/11/08

Conditional registration [s13-5]: Limited partnerships that have yet to raise capital and do not qualify for registration can be conditionally registered. The partnership then has 24 months to achieve registration. As at 30 June 2014 the following partnerships were registered under section 13-5 of the Venture Capital Act 2002.

Conditional registration effective

1. Allegro Funds II, LP

ILP0000073, an incorporated limited partnership registered in NSW 19/12/13

2. Arowana Partners Special Situations Partnership 1, LP ILP00011, an incorporated limited partnership registered in QLD 12/06/14

APPENDIX K

181

ANNUAL REPORT 2013-14

Conditional registration [s13-5]: Limited partnerships that have yet to raise capital and do not qualify for registration can be conditionally registered. The partnership then has 24 months to achieve registration. As at 30 June 2014 the following partnerships were registered under section 13-5 of the Venture Capital Act 2002.

Conditional registration effective

3. Wolseley Partners Fund III, LP ILP00000122, an incorporated limited partnership registered in NSW 21/02/14

4. Zentaurus Innovation Fund No 1 ILP ILP00000119, an incorporated limited partnership registered in NSW 27/09/13

Table K2 · List of partnerships that became VCLPs during 2013-14

Registration [section 13-1] Board decision

Registration taken to have come into force*

1. Quadrant Private Equity Fund No.4, LP

ILP00000124, an incorporated limited partnership registered in NSW

16/05/14 20/12/13

Conditional registration [section 13-5]

Conditional registration effective

1. Allegro Funds II, LP ILP0000073, an incorporated limited partnership registered in NSW 19/12/13

2. Arowana Partners Special Situations Partnership 1, LP ILP00011, an incorporated limited partnership registered in NSW 12/06/14

3. Wolseley Partners Fund III, LP ILP00000122, an incorporated limited partnership registered in NSW 21/02/14

4. Quadrant Private Equity Fund No.4, LP ILP00000124, an incorporated limited partnership registered in NSW 21/02/14

5. Zentaurus Innovation Fund No 1 ILP ILP00000119, an incorporated limited partnership registered in NSW 27/09/13

* The Venture Capital Act 2002 [s13-10] provides for a partnership’s registration to be backdated when the partnership was first conditionally registered, or established.

Table K3 · Conditional VCLP registrations lapsed during 2013-14

The following conditionally registered VCLPs had its conditional registration lapse under section 13-10 of the Venture Capital Act 2002 Date lapsed

1. N/A

Table K4 · List of partnerships that ceased to be VCLPs during 2013-14

Under Section 17-25 Date revoked

1. A&B ETCF, LP

ILP0000033, an incorporated limited partnership registered in NSW 16/08/13

2. Crescent Capital Partners II, LP ILP0000003, an incorporated limited partnership registered in NSW 12/06/14

3. The Goldman Sachs Trans-Tasman Private Equity Fund 07, LP ILP0000028, an incorporated limited partnership registered in NSW 16/05/14

4. Triangle Resource Fund (Australia), LP ILP0003, an incorporated limited partnership registered in QLD 16/05/14

APPENDIX K

182

INNOVATION AUSTRALIA

appendix l Climate Ready Programme Breakdown

table l1 Climate Ready programme grant payments by state and territory, 2013-14

table l2 Climate Ready programme grant payments by entity, 2013-14

APPENDIX L

Note: Appendix L, tables L1 and L2 are prepared in accordance with section 46 (2) (b) (i-iii) of the IR&D Act 1986.

183

ANNUAL REPORT 2013-14

Table L1 · Climate Ready programme grant payments by state and territory, 2013-14

State/Territory Total Payments ($) Per cent of total (%)

NSW 0 0

VIC 0 0

QLD 0 0

SA 42,765 100

WA 0 0

TAS 0 0

ACT 0 0

NT 0 0

Total* 42,765 100

* The total figure represents the value of the payments made during the year and does not include any amounts that may have been repaid.

Table L2 · Climate Ready programme grant payments by entity, 2013-14

Organisation

Grant

Payments ($)

Hindmarsh Old Company Pty Ltd 42,765

Total 42,765

APPENDIX L

184

INNOVATION AUSTRALIA

appendix m Green Car Innovation Fund (GCIF) Programme Breakdown

table m1 GCIF programme grant payments by state and territory, 2013-14

table m2 GCIF programme grant payments by entity, 2013-14

APPENDIX M

Note: Appendix M Tables M1 and M2 are prepared in accordance with section 46 (2) (c) (i) and (ii) of the IR&D Act 1986.

185

ANNUAL REPORT 2013-14

Table M1 · GCIF programme grant payments by state and territory, 2013-14

State/Territory Total Payments ($) Per cent of total (%)

NSW 0 0

VIC 2,571,238 83

QLD 0 0

SA 511,738 17

WA 0 0

TAS 0 0

ACT 0 0

NT 0 0

Total 3,082,976 100

Note: The total figure represents the value of the payments made during the year and does not include any amounts that may have been repaid.

Table M2 · GCIF programme grant payments by entity, 2013-14

Organisation

Grant

Payments ($)

GM Holden Ltd 1,990,880

Hirotec Australia Pty Ltd 357,779

Nissan Casting Australia Pty Ltd 580,358

SMR Automotive Australia Pty Limited

153,959

Total 3,082,976

APPENDIX M

186

INNOVATION AUSTRALIA

appendix n Pooled Development Funds (PDF) Programme Breakdown

table n1 List of current PDFs at 30 June 2014

table n2 Companies that ceased to be PDFs during 2013-14 under sections 45, 46 and 47

APPENDIX N

Note: Appendix N, tables N1 and N2 reflect the requirements set out in section 46 (2A) (a - f) of the IR&D Act 1986. In reference to section 46 (2A) (b), (c) and (d), the closure of the PDF program (on 21 June 2007) prevents new registrations under this program.

187

ANNUAL REPORT 2013-14

Table N1 · List of current PDFs at 30 June 2014

Companies registered under section 14 of the Pooled Development Funds Act 1992 Date registered

1. Acrux Limited ACN 082 001 152 07/07/99

2. ATF Group (PDF) Limited ACN 106 213 772 29/09/03

3. Austock Group Limited ACN 087 334 370 07/06/99

4. Australian Biomedical Fund No.4 Limited ACN 117 429 795 13/12/05

5. Authorised Investment Fund Limited ACN 068 793 322 03/05/95

6. Biotech Capital Limited ACN 091 979 172 29/03/00

7. CVC Sustainable Investments Limited ACN 088 731 837 20/12/99

8. Efficient Energy Australia Limited ACN 078 867 446 05/08/97

9. Energy Made Clean Limited ACN 108 702 101 20/05/04

10. Future Capital Development Fund Limited ACN 081 825 470 06/04/98

11. Growthtech International Pty Ltd ACN 065 951 091 18/07/97

12. Healthnet Investments Pty Ltd ACN 088 674 846 27/09/99

13. Incubator Capital Limited ACN 091 499 357 29/03/00

14. Innovation Capital Limited ACN 086 439 107 30/03/99

15. Match Development Fund Pty Ltd ACN 122 203 641 15/11/06

16. MEC Resources Ltd ACN 113 900 020 19/09/05

17. Nanyang Australia II Limited ACN 072 468 798 26/06/96

18. New Frugalitas Fund Limited ACN 099 058 250 02/05/05

19. Northstate Capital Limited ACN 070 674 234 19/09/95

20. Origin Capital Limited ACN 079 800 196 06/04/98

21. Pacific Development Capital Limited ACN 088 964 112 05/10/99

22. Paragon Equity Limited ACN 096 576 439 15/06/01

23. Phoenix Development Fund Limited ACN 094 922 602 21/12/00

24. Strategic Elements Ltd ACN 122 437 503 15/11/06

25. Technology Development Investment Limited ACN 063 379 064 07/03/94

26. Teltec Capital Limited ACN 080 975 702 20/02/98

27. The Pioneer Development Fund (Aust) Limited ACN 103 118 761 20/12/02

APPENDIX N

188

INNOVATION AUSTRALIA

Table N2 · List of Companies that ceased to be PDFs during 2013-2014

Under Section 45 Automatic Revocation Date revoked

N/A

Under Section 46 Revocation on application by Pooled Development Fund Date revoked

1. Strategic Development Fund Limited ACN 118 437 960

27/12/13

Under Section 47 Revocation at Innovation Australia’s discretion Date revoked

1. Ausfirst Capital Limited ACN 091 945 443

21/02/14

2. Smallco Development Capital Pty Ltd ACN 070 660 356

21/02/14

APPENDIX N

189

ANNUAL REPORT 2013-14

appendix o Pre-Seed Fund (PSF) Programme Breakdown

table o1 Australian Government funds paid to PSF investee companies by fund manager, 2013-14

table o2 PSF investee companies receiving financial support by industry sector, 2013-14

table o3 PSF investee companies receiving financial support by state and territory, 2013-14

Note: Appendix O Tables O1 to O3 are prepared in accordance with section 46 (2) (b) (i) and (ii) of the IR&D Act 1986.

APPENDIX O

190

INNOVATION AUSTRALIA

APPENDIX O Table O1 · Australian Government funds paid to PSF investee companies by fund manager, 2013-14

Fund Manager Investments ($m)

GBS Venture Partners Limited 0.03

Total 0.03

Table O2 · PSF investee companies receiving financial support by industry sector, 2013-14

Sector No. Companies Supported

Life sciences/Biosciences 1

Total 1

Table O3 · PSF investee companies receiving financial support by state and territory, 2013-14

State/Territory No. Companies Supported

VIC 1

Total 1

191

ANNUAL REPORT 2013-14

APPENDIX P appendix p

Australian Venture Capital Fund of Funds (AFOFs)

table p1 List of current AFOFs at 30 June 2014

Note: Appendix P is prepared in accordance with section 46 (2A) of the IR&D Act 1986.

192

INNOVATION AUSTRALIA

Table P1 · List of current AFOFs at 30 June 2014 Registration [s9-5] As at 30 June 2014 the following partnership was registered under section 9-5 of the Venture Capital Act 2002. Registration taken to

have come into force

1. Artesian Venture Capital Fund of Funds ILP0000118, an incorporated limited partnership registered in NSW 16/08/14

APPENDIX P

193

ANNUAL REPORT 2013-14

appendix Q Eligible Venture Capital Investor (EVCI)

table q1 List of current EVCIs at 30 June 2014

APPENDIX Q

Note: Appendix Q is prepared in accordance with section 46 (2A) of the IR&D Act 1986.

194

INNOVATION AUSTRALIA

APPENDIX Q Table Q1 · List of current EVCI at 30 June 2014

Registration [Part 3] As at 30 June a list of the entities registered under Part 3 of the Venture Capital Act 2002 Registration taken to have come into force

1. Sentient Global Resources Fund IV, L.P 23/09/11

195

ANNUAL REPORT 2013-14

appendix r Media Announcements

table r1 Innovation Australia Media Announcements 2013-14

196

INNOVATION AUSTRALIA

APPENDIX R Table R1 · Innovation Australia Media Announcements 2013-14

Date Minister Macfarlene Media Announcement headline

2013

28 November Innovation Challenge unearths next great product

Date Parliamentary Secretary Baldwin’s Media Announcement headline

2014

4 February Pioneering wine producer makes the move to solar. Parliamentary Secretary Baldwin visit to Drayton - Clean Technology Food and Foundries recipient

Date Former Parliamentary Secretary D’Ath’s Media Announcement headline

2013

24 July Carbon Price revenue cements Wagners future - Clean Technology Investment

197

ANNUAL REPORT 2013-14

Contact Details

1. How to contact Innovation Australia:

Innovation Australia Secretariat

Telephone Number: (02) 6213 7400

By email: innovationaustralia@industry.gov.au

By post: Innovation Australia

GPO Box 9839

CANBERRA CITY ACT 2601

2. For further information about Innovation Australia and its programs,

please visit our website business.gov.au

or contact the AusIndustry hotline 13 28 46

or contact a Customer Service Manager in your state or territory as listed.

Ausindustry Offices Telephone Facsimile

Australian Capital Territory

Nishi Building 2 Phillip Law Street CANBERRA CITY ACT 2601

GPO Box 9839 CANBERRA CITY ACT 2601

Email: aiact@industry.gov.au

(02) 6213 7335 (02) 6213 7644

New South Wales

Level 5, 341 George Street SYDNEY NSW 2000

GPO Box 9839 SYDNEY NSW 2001

Email: ainsw@industry.gov.au

(02) 9226 6000 (02) 9226 6002

Regional Offices

Wollongong - Illawarra and South Coast Region

Suite 1, Terrace Level Crown Tower, 200 Crown Street WOLLONGONG NSW 2520

PO Box 5427 WOLLONGONG NSW 2520

(02) 4254 5534 (02) 4225 2607

CONTACT DETAILS

198

INNOVATION AUSTRALIA

CONTACT DETAILSAusindustry Offices Telephone Facsimile

Newcastle - Newcastle Hunter Region

IDC Hunter Building 130 University Drive CALLAGHAN NSW 2308

PO Box 2 University of Newcastle CALLAGHAN NSW 2308

(02) 4014 5977 (02) 4960 3847

Tamworth - Northern Central NSW Region

Level 1, 345 Peel Street TAMWORTH NSW 2340

PO Box 920 TAMWORTH NSW 2340

(02) 6761 3624 (02) 6761 3571

Wagga Wagga - South West NSW Region

Room B, Suite G.03 Wollundry Chambers 63-65 Johnston Street WAGGA WAGGA NSW 2650

PO Box 5761 WAGGA WAGGA NSW 2650

(02) 6921 1828 (02) 6921 6415

Victoria

Level 5, 111 Bourke Street MELBOURNE VIC 3000

GPO Box 85 MELBOURNE VIC 3001

Email: aivic@industry.gov.au

(03) 9268 7555 (03) 9268 7999

Regional Offices

Ballarat - Western and South Western Victoria Region

Room 5A/Level 3, 15 Dawson Street BALLARAT VIC 3350

PO Box 511 BALLARAT VIC 3353

(03) 5320 5960 (03) 5331 7973

Bendigo - Northern Victoria Region

Level 1, 56-60 King Street BENDIGO VIC 3550

PO Box 1332 BENDIGO CENTRAL VIC 3552

(03) 5442 4199 (03) 5441 8941

Trafalgar - Gippsland Region

Trafalgar Technology Centre 107 Princes Highway TRAFALGAR VIC 3824

PO Box 247 TRAFALGAR VIC 3439

(03) 5633 3436 (03) 5633 3439

199

ANNUAL REPORT 2013-14

CONTACT DETAILS Ausindustry Offices Telephone Facsimile

South Australia/Northern Territory

AON Building Level 9/63 Pirie Street ADELAIDE SA 5000

GPO Box 9839 ADELAIDE SA 5001

Email: aisa@industry.gov.au

(08) 8406 4700 (08) 8406 4717 * Remove

Regional Offices

Mount Gambier - Southern South Australia Region

Old Town Hall Commercial Street East MOUNT GAMBIER SA 5290

PO Box 1537 MOUNT GAMBIER SA 5290

(08) 8723 1057 (08) 8725 8949

Port Augusta - Northern South Australia Region

34 Stirling Road PORT AUGUSTA SA 5700

GPO Box 421 PORT AUGUSTA SA 5700

(08) 8406 4707

Darwin

Ground Floor, Development House 76 The Esplanade DARWIN NT 0800

PO Box 4816 DARWIN NT 0801

(08) 8941 9250 (08) 8941 5603

Tasmania

Level 4, NAB Building 86 Collins Street HOBART TAS 7000

GPO Box 9839 HOBART TAS 7001

Email: aitas@industry.gov.au

(03) 6230 9900 (03) 6230 9901

Regional Office

Launceston - Northern Tasmania Region

Level 1, Cornwall Square 12-16 St John Street LAUNCESTON TAS 7250

PO Box 823 LAUNCESTON TAS 7250

(03) 6331 4183 (03) 6331 3452

200

INNOVATION AUSTRALIA

Ausindustry Offices Telephone Facsimile

Queensland

Level 12, 100 Creek Street BRISBANE QLD 4000

GPO Box 9839 BRISBANE QLD 4001

Email: aiqld@industry.gov.au

(07) 3227 4700 (07) 3227 4730

Regional Offices

Gold Coast - Southern Queensland and Northern Rivers NSW Region

Level 1, 26 Marine Parade SOUTHPORT QLD 4215

PO Box 1448 SOUTHPORT BC QLD 4215

(07) 5503 1476 (07) 5503 1628

Townsville - North Queensland Region

Level 2, 19 Stanley Street TOWNSVILLE QLD 4810

PO Box 326 TOWNSVILLE QLD 4810

(07) 4721 0451 (07) 4721 0753

Bundaberg - Central Queensland Region

Level 1, 7 Takalvan Street BUNDABERG QLD 4670

GPO Box 1386 BUNDABERG QLD 4670

(07) 4151 0660 (07) 4151 0708

Western Australia

Level 25, St Martins Tower 44 St Georges Terrace PERTH WA 6000

GPO Box 9839 PERTH WA 6848

Email: aiwa@industry.gov.au

(08) 9287 3500 (08) 9287 3511

Regional Office

Bunbury - South West Australia Region

Level 10, Bunbury Tower 61 Victoria Street BUNBURY WA 6230

PO Box 2488 BUNBURY WA 6231

(08) 9721 8216 (08) 9721 7584

For further information on AusIndustry State, Territory and Regional Offices

please visit business.gov.au.

CONTACT DETAILS

201

ANNUAL REPORT 2013-14

Acronym Index

A

AFOF Australian Venture Capital Fund of Funds

ANZSRC Australian and New Zealand Standard Research Classification

ANZSIC Australian and New Zealand Standard Industrial Classification

ATO Australian Taxation Office

C

CA Commercialisation Australia

CAC Act Commonwealth Authorities and Companies Act 1997

COMET Commercialising Emerging Technologies

CRC Co-operative Research Centre

CSIRO Commonwealth Scientific and Industrial Research Organisation

CT Clean Technology

CTFFIP Clean Technology Food and Foundries Investment Program

CTFFIC Clean Technology Food and Foundries Investment Committee

CTIC Clean Technology Investment Committee

CTINNC Clean Technology Innovation Committee

CTINNP Clean Technology Innovation Program

CTIP Clean Technology Investment Program

E

ESVCLP Early Stage Venture Capital Limited Partnership

EVCI Eligible Venture Capital Investor

G

GCIF Green Car Innovation Fund

I

IGC Innovation Grants Committee

IIF Innovation Investment Fund

IIFF Innovation Investment Follow-on Fund

ACRONYM INDEX

202

INNOVATION AUSTRALIA

A

ILP Incorporated Limited Partnership

IR&D Industry research and development

IR&D Act Industry Research and Development Act, 1986

ITAA Income Tax Assessment Act, 1997

J

JAGG Joint Administrative Governance Group

P

PDF Act Pooled Development Funds Act, 1992

PDF Pooled Development Funds

PSF Pre-Seed Fund

R

R&D Research and Development

R&DIC R&D Incentives Committee

REDI Renewable Energy Development Initiative

REEF Renewable Energy Equity Fund

RSP Research Service Provider

T

TCC Tax Concession Committee

The Board Innovation Australia

TIAC Tax Incentive Advisory Committee

V

VC Act Venture Capital Act, 2002

VCC Venture Capital Committee

VCLP Venture Capital Limited Partnerships

ACRONYM INDEX

203

ANNUAL REPORT 2013-14

Index

A

Acronym Index (201)

Advance Overseas Findings (10, 26, 79)

Appendices (91)

AusIndustry Contacts (197-200)

Australian Government Budget and Expenditure (Appendix B) (98)

Clean Technology Food and Foundries Investment Program (98)

Clean Technology Investment Program (98)

Clean Technology Innovation Program (98)

Clean Technology Programs (98)

Climate Ready (98)

Commercialisation Australia Program (98)

Green Car Innovation Fund (98)

Innovation Investment Fund (98)

Pre-Seed Fund (98)

Programme by Programme Breakdown (Appendix C) (99)

Australian Taxation Office (8, 19, 26, 27, 50, 52, 73, 79, 201)

Australian Venture Capital Fund of Funds (Appendix P) (191)

B

Backing Australia’s Ability (57)

Benefits Disbursed by State/Territory (8)

C

Chair’s Report (2-5)

Clean Business Australia (54)

Clean Technology Food and Foundries Investment Program (v, 4, 7, 14, 36-39, 67, 69, 75, 81, 92, 98,

146-148, 155, 201, 203)

Clean Technology Food and Foundries Investment Program Breakdown (Appendix G) (146-159)

Clean Technology Food and Foundries Committee (v, 69, 89)

Clean Technology Investment Program (v, 67, 69, 75, 81)

Clean Technology Investment Program Breakdown (Appendix H) (160)

INDEX

204

INNOVATION AUSTRALIA

INDEX

Clean Technology Investment Committee (33, 69, 81-82, 88, 92, 201)

Clean Technology Innovation Program (v, 4, 6, 14, 35, 41-45, 67, 69, 75, 82, 98, 171-174, 201, 203)

Clean Technology Innovation Program Breakdown (Appendix I) (171-174)

Clean Technology Innovation Committee (42, 69, 82, 89, 92, 201)

Clean Technology Programs (14, 76, 203-204)

Climate Ready (Appendix L) (182-183)

Commercialisation Australia Program (v, 3-4, 6, 14-18, 67-68, 75, 80, 88, 98, 102-105, 107, 109)

Commercialisation Australia Board (14-15, 68, 75, 80, 88)

Commercialisation Australia Program Breakdown (Appendix D) (110-123)

Commercial Ready (v, 53, 57, 63, 67, 75, 83, 203, 205)

Contact Details (197)

Contents (v, 204)

Corporate Governance (Appendix A) (72-97)

Code of Conduct (70-71, 204)

Disclosure of Interests (71-73, 204)

Customers Assisted by State/Territory (8, 204)

D

Department of Industry (ii, 2, 4, 6, 73, 204)

Departmental Clean Technology Investment Committee (82, 204)

Disclosure of Interest Guidelines (71-73, 204)

Disclosure of members interests (71, 204)

E

Early Stage Venture Capital Limited Partnerships (v, 7, 11, 14, 48-50, 67-68, 75, 83, 175-177, 201)

Early Stage Venture Capital Limited Partnerships Programme Breakdown (Appendix J) 175-177)

Eligible Venture Capital Investor (Appendix Q) (193-194)

G

Green Car Innovation Fund (v-vi, 6, 53, 58, 67, 75, 98, 184-185, 201, 203-205)

Green Car Innovation Fund Programme Breakdown(Appendix M) (184-185)

H

Highlights (v, 4, 9-11)

205

ANNUAL REPORT 2013-14

I

Industry Research and Development Act 1986 (iii, 1, 16, 19, 33, 42, 66, 68, 71, 76, 78, 110, 143, 146, 160, 171,

175, 178, 182, 184, 186, 189, 202)

Innovation Australia Board (v, 66, 75, 86)

Structure (68, 75)

Functions (67)

Membership (66, 68, 86, 205)

Mission statement (v, 1)

Overview (v, 14)

Vision statement (v, 1)

Innovation Grants Committee (69, 83, 90, 92-93, 201)

Innovation Investment Follow-on Fund (v, 7, 47, 53, 59, 68, 75, 83, 98, 201, 205)

Innovation Investment Fund Programme breakdown (Appendix F) (143-145)

J

Joint Administrative Governance Group (19, 26, 202, 205)

L

Legal Matters/Litigation (77)

Letter of Transmittal (ii)

M

Marketing and Promotion (Appendix R) (195-196)

Monitoring our Programmes (53-64)

Climate Ready (54-55)

Commercial Ready (57)

Commercialising Emerging Technologies (56)

Green Car Innovation Fund (58)

Innovation Investment Follow-on Fund (59)

Pooled Development Fund (60)

Pre-Seed Fund (61)

R&D Start (63)

Renewable Energy Development Initiative (62)

O

Our Programmes (13-64)

INDEX

206

INNOVATION AUSTRALIA

P

Pooled Development Funds (Appendix N) (186-188)

Pre-Seed Fund (Appendix O) (189-190)

Programme Activity Breakdown (all) (Appendix C) (99-109)

R

R&D Start (v, 53, 63, 66-67, 69, 75, 83, 205-206

Research and Development Tax Concession Program (14, 20, 26, 27, 52, 67-68, 73, 75, 78, 87, 202, 206)

Research and Development Tax Incentive Program (v, 2-3, 6, 8, 10, 14, 19-31, 67-69, 73, 75-76,

78-79, 206)

Research and Development Tax Incentive Advisory Committee (27, 69, 79, 87, 92, 202, 206)

Research and Development Incentives Committee (5, 27, 68, 75, 78, 87, 206)

Research and Development Tax Offset (19, 25, 206)

Research Service Providers (Appendix E) (124-142)

Renewable Energy Development Initiative (v, 53, 62, 67, 69, 75, 202-203, 205-206)

Renewable Energy Equity Fund (68, 75, 202, 206)

S

Structure of Innovation Australia Board (75)

V

Venture Capital Committee (68, 75, 83-84, 90, 202, 206)

Venture Capital Limited Partnerships (v, 7, 11, 14, 51-52, 67-68, 75, 83, 178-181, 202, 206)

Venture Capital Limited Partnerships Programme Breakdown (Appendix K) (178-181)

INDEX