Knowledge and Technology to Help You Develop Your Idea

Regulations

Does your idea need to comply with any regulations?  If you are not sure or you would like more information about the regulations go to the Queensland government’s SmartLicence service or visit http://www.sd.qld.gov.au/dsdweb/htdocs/slol/.  SmartLicence will provide you with tailored business licensing information including:

  • Summary information on the State, Local and Commonwealth Government requirements for your particular business
  • The name, address and telephone number of the agency responsible for each listing
  • Licence application forms
  • Details of licence fees, periods of cover, and renewals
  • On-line lodgement and secure payment for some licences

New Knowledge

Universities and research organisations are important sources of new knowledge and technology that can provide innovative product and service differentiation opportunities.  It can be daunting for businesses to approach and negotiate with universities and research organisations so the government provides assistance in the form of the following programs:

The TechFast program assists small businesses nationally, across all industry sectors, to remain competitive and grow.  It does this by identifying and linking SMEs with the right people and organisations to:

  • Solve product, process or service issues;
  • Identify and access technical capability to fill internal gaps; and
  • Identify new growth opportunities for business.

Through the TechFast program the Australian Institute for Commercialisation (AIC) assists companies in working with research organisations by:

  • Assisting them to plan and become ready to work with research organisations;
  • Identifying technologies, capabilities and intellectual property within research organisations that the companies need; and
  • Approach the research organisation and negotiate appropriate contracts.

The TechFast program is funded by Australian and State governments to provide these services to Australian business.  Find out more about the TechFast program at http://www.ausicom.com/techfast.php

Researchers in Business

The Australian Government, through Enterprise Connect, supports the placement of researchers from universities or public research agencies into businesses to develop and implement a new idea with commercial potential.

Funding for up to 50% of salary costs, to a maximum of $50,000, is provided.  Placements are for two to 12 months.  Find our more about the Researchers in Business program at http://www.enterpriseconnect.gov.au/.

Cooperative Research Centres (CRCs)

The Australian Government’s Cooperative Research Centre (CRC) Program provides funding for research ventures between industry and researchers to tackle clearly-articulated, major challenges for industry. A CRC is a company formed through a collaboration of businesses and researchers. This includes private sector organisations (both large and small enterprises), industry associations, universities and government research agencies such as the Commonwealth Scientific and Industrial Research Organisation (CSIRO).  Find out more about CRCs at https://www.crc.gov.au/Information/default.aspx.

Links to subsections of this topic

Twelve Tips for Market Research
What is your competitive advantage?
Knowledge and Technology to Help You Develop Your Idea
Programs and Services