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R&D tax spend cap should be doubled to $200m: review urges

The amount companies can spend on research and development and receive a tax offset should be doubled to $200 million, a review of the $3 billion R&D tax incentive program has recommended. The R&D tax incentive cost the…

Changes to the R&D Tax Incentive: Putting a handbrake on innovation (September 2016)

September 2016 The R&D Tax Incentive Review paper was released on 28th of September, making recommendations on changes to the scheme – including a proposed $2Million cap on the annual cash refund payable under the R&D Tax Incentive.…

Tribute to Athina Tsagarakis

The BioMelbourne Network team were saddened to hear of the passing of past staff member, Athina Tsagarakis,  last week at the age of 49 years.  Our condolences to Athina’s family and friends during this difficult time. Members of…

BioMelbourne Network CEO on MELBOURNE 4.0 Steering Committee

September 2015 The Committee for Melbourne has announced the members of the MELBOURNE 4.0 Steering Committee. The Steering Committee will drive the MELBOURNE 4.0 engagement process and ensure concrete policy initiatives are identified. Reflective of the Committee for…

MTP Connect Competitiveness Plan Consultation Lunch (September 2016)

September 2016 A new pathway for engagement with the Federal Government on issues concerning the sector is through the recently established  Industry Growth Centres. Last week, BioMelbourne Network held a CEO lunch with Sue MacLeman, CEO MTPConnect as…

MyGolgi – Winners of the Innovation Showcase Scholarship

Melbourne-based health technology start-up company, MyGolgi, have won the 2016 Victorian State Government supported Innovation Showcase Scholarship. MyGolgi offer an easy-to-use wearable that provides consumers with continuous feedback for injury rehabilitation and prevention. The innovative device consists of…

Andrew Maxwell joins BioMelbourne Network Board

The BioMelbourne network is delighted to be able to announce that Andrew Maxwell is joining our Board of Directors as of this month. As the Managing Director of Chatsworth Associates, Andrew has worked with innovators, entrepreneurs and established…

Biomedical Breakthroughs takes close look at our bodies at Melbourne Museum

If you’re reading this through the misery of a mid-winter flu, at least you’re better off than the poor Bendigo boy who found himself in World War I with a bullet wound in the arm, tuberculosis in the…

Bridge to MassChallenge open for applications

Applications are now open until September 20th, for an Australia-wide startup competition targeting the highest-impact, highest-potential entrepreneurs. The competition will bring together international judges and collaborate with Australian ecosystem leaders to identify the top startups. Finalists will receive…

Melbourne based Planet innovation tops the AFR 50 Most Innovative Companies 2016 list

Every year millions of people die or become gravely ill from infectious diseases such as influenza, HIV, Chlamydia and Zika virus. Currently, 80 per cent of all tests for infectious diseases involve taking a patient sample and sending…

Accelerating Commercialisation – Entrepreneurs’ Programme August Funding Offers

The Turnbull Government today announced that twenty businesses across Australia will be offered $11.3 million in Entrepreneurs’ Programme grants to help them break into new and international markets.A 3-D printed jaw joint replacement, termite-proof building materials and a…

Gordagen Receives AUD$1.3M R&D Tax Incentive

Gordagen Pharmaceuticals, a private Australian company developing biopharmaceuticals and nutraceuticals based on the medicinal properties of tocotrienols, is pleased to announce it has received a Research and Development Tax Incentive Refund of AUD$1.3 million for the 2015/2016 financial…

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