This staff research paper is an exploratory analysis of firms that receive financial assistance from Department of Industry, Innovation and Science (DIIS) flagship programs. The paper focusses on firms that receive multiple instances of assistance.
Key findings:
- only 6.1% of firms are assisted by 2 or more program groups
- if a firm receives assistance from more than 1 program, 1 of the programs is likely to be the Research and Development (R&D) Tax Concession or R&D Tax Incentive
- only 6.7% of firms which receive assistance from an R&D tax program also receive assistance from another program
- participants of certain programs are likely to be assisted by more than 1 departmental program.
Author: Mathew Horne