Articles tagged with: Accelerating Commercialisation

Mark Holton, an Accountancy Industry Consultant and Director of Smithink Pty Ltd, discussed with Peter Towers, Managing Director, ESS BIZTOOLS the opportunities that accountants have to differentiate their firms by proactively advising clients on research and development opportunities and the taxation benefits that they can obtain from the proper implementation of a research and development...

Tags: Accelerating Commercialisation | Early Stage Innovation Company | Research & Development Incentive Rebate
Welcome! In this week’s "COVID-19 Survival Panel" webinar, Andrew Geddes, Accountant Coach/Mentor and Former Chairman of Greencross Ltd (a top 200 ASX company), will present an update on his advice for accountants on how you can assist your small business and medium-sized enterprise clients to navigate through the difficult trading conditions that will confront all businesses as the COVID-19...

Tags: Accelerating Commercialisation | COVID-19 | Early Stage Innovation Company | Entrepreneurs' Program

Grant Identification - WIN with SMEs

SMEs love grants. Why? It gives them access to services at 50% of the normal cost.

Over $3 billion per annum is made available by the Australian, State and Territory governments for small/medium enterprises and businesses with turnovers up to $50 million through a range of grants. Accountants and business advisers also win from grants.  Why?  Small/medium enterprises love accountants being proactive and advising them of grants for which they could probably apply....

Tags: Accelerating Commercialisation | Apprenticeship Grants | Business Growth Grant | Export Market Development Grant | Research & Development
Accountants, do you really know your clients?  At the ATSA Conference in Melbourne a couple of weeks ago, a number of the presenters referred to the concept of "trusted adviser".  Are you the "trusted adviser" to your clients?  It's an interesting question and I intend to explore that further next week. For today, lets concentrate on do you really know your clients?  Surely part of the...

Tags: Accelerating Commercialisation | Export Market Development Grant | Personal Property Securities Register | Trusted Advisor
At the Australian Technology Showcase for Accountants (ATSA) in Melbourne last week, many new types of innovation for accountants were presented by the various presenters and businesses that displayed their goods and services to the accountants who attended. CCH iFirm and CCH iQ confirmed the Early Stage Innovation Company legislation as a significant opportunity for accountants to illustrate...

Tags: Accelerating Commercialisation
The Australian government has introduced legislation to assist innovative companies to be able to raise capital.  This legislation, which commenced operations from 1st July 2016, is called the "Early Stage Innovation Company".  An Early Stage Innovation Company will normally be a small/medium enterprise, an inventor who, at this stage might not even have a company or an entrepreneur.  At...

Tags: Accelerating Commercialisation | Gateway Test | Principles Based Test | Provisional Test | Section 708
Hello, I'm Peter Towers, Managing Director of ESS BIZTOOLS.  Welcome to Accountants Minute. Today we're going to look at government grants.  Some of the government grants offered by the Australian government are available for small/medium enterprises and as accountants and advisors I hope that you're aware of these grants so you can advise your clients about them. Industry Skills Fund...

Tags: Accelerating Commercialisation | Business Growth Grant | Export Market Development Grant | Industry Skills Fund | Northern Australia Tourism Initiative
Promoting the Early Stage Innovation Company legislation to clients and prospects is going to be a task that, I hope, many of you will participate in over the next few months. The legislation is targeted at small/medium enterprises, inventors and young companies, particularly those that have been involved in research and development, have been admitted to the Accelerating Commercialisation...

Tags: Accelerating Commercialisation | Digital Disruption
In recent weeks, we've talked to you about the significant benefits that are available for new companies that have developed new products, services, marketing or organisational methodology to becoming an Early Stage Innovation Company. Today what I want to talk to you about is the benefits for investors because the government has made it very attractive for investors to invest in companies...

Tags: Accelerating Commercialisation | Early Stage Innovation Company Calculator | Gateway Test | Principles Based Test | Provisional Test
A very common statement that I hear from small/medium enterprises and from some industry consultants is: “The thing that really upsets me is when a competitor receives a grant that I know nothing about.”  This is the statement that many small/medium enterprises have made. Identifying grants is a proactive way that accountants can introduce a whole new way of solving business problems to...

Tags: Accelerating Commercialisation | Business Growth Grant