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# AI Grants and Funding Opportunities for Australian Businesses
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Artificial Intelligence (AI) is reshaping industries across Australia. To support businesses in responsibly adopting and scaling AI, a mix of **government grants, research programs, and industry‑backed accelerators** are available. This article provides a consolidated overview of the most relevant opportunities for Australian businesses today.
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Artificial Intelligence (AI) is reshaping industries across Australia. To support businesses in responsibly adopting and scaling AI, a mix of government grants, research programs, and industry‑backed accelerators are available. This article provides a consolidated overview of the most relevant opportunities for Australian businesses today.
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- Provided **$3–5 million over four years** for up to 50% of project costs.
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- Aimed at establishing **AI Adopt Centres** to help SMEs integrate responsible AI.
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- Currently **closed**, but future rounds may reopen.
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➡️ [Learn more](https://business.gov.au/grants-and-programs/artificial-intelligence-ai-adopt-program?utm_source=chatgpt.com)
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➡️ [Learn more](https://business.gov.au/grants-and-programs/artificial-intelligence-ai-adopt-program)
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### AI and Digital Capability Centres
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- The Australian Government allocated **$44 million** to establish four AI and Digital Capability Centres.
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- Grants of up to **$11 million** each, designed to help SMEs access AI training, services, and commercialisation pathways.
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- Program **concluded**, but may return in future iterations.
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➡️ [Source](https://www.industry.gov.au/news/funding-available-ai-and-digital-capability-centres?utm_source=chatgpt.com)
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➡️ [Source](https://www.industry.gov.au/news/funding-available-ai-and-digital-capability-centres)
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### Catalysing the AI Opportunity in Our Regions
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- Competitive grants between **$250,000 and $500,000** for regional businesses to develop and demonstrate AI solutions.
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- Required matched co‑funding, and ran across three rounds.
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- Program **concluded**.
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➡️ [Program details](https://business.gov.au/grants-and-programs/catalysing-the-artificial-intelligence-opportunity-in-our-regions-round-1?utm_source=chatgpt.com)
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➡️ [Program details](https://business.gov.au/grants-and-programs/catalysing-the-artificial-intelligence-opportunity-in-our-regions-round-1?)
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### R&D Tax Incentive
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- Ongoing tax relief for businesses conducting R&D, including AI:
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- **43.5% refundable offset** for SMEs (<$20m turnover).
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- **38.5% non‑refundable offset** for larger firms.
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- Program is **active and ongoing**.
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➡️ [More information](https://en.wikipedia.org/wiki/Research_and_Development_Tax_Incentive?utm_source=chatgpt.com)
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➡️ [More information](https://en.wikipedia.org/wiki/Research_and_Development_Tax_Incentive)
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### Australian Research Council (ARC) Programs
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- Competitive grants supporting research between universities and businesses.
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- **Discovery Projects**: $30k–$500k annually for up to 5 years.
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- **Linkage Projects**: Promote industry–academic partnerships; in 2024 Round 2, $46.6m was awarded to 75 projects.
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- Program is **active and ongoing**.
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➡️ [Discovery Projects](https://www.arc.gov.au/funding-research/discovery-linkage/discovery-program/discovery-projects?utm_source=chatgpt.com) | [Linkage Projects](https://www.arc.gov.au/funding-research/funding-schemes/linkage-program/linkage-projects?utm_source=chatgpt.com)
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➡️ [Discovery Projects](https://www.arc.gov.au/funding-research/discovery-linkage/discovery-program/discovery-projects) | [Linkage Projects](https://www.arc.gov.au/funding-research/funding-schemes/linkage-program/linkage-projects)
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- Focused on **healthcare, policing, allied health, social work, and legal/financial services**.
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- Supports public sector AI adoption while safeguarding jobs.
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- Program is **active** (2025–2029).
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➡️ [Read more](https://www.news.com.au/technology/innovation/south-australian-treasurer-stephen-mullighan-announces-new-28m-ai-program-in-state-budget/news-story/97fe39eeff3224d0eb3857c7169ce8c2?utm_source=chatgpt.com)
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➡️ [Read more](https://www.news.com.au/technology/innovation/south-australian-treasurer-stephen-mullighan-announces-new-28m-ai-program-in-state-budget/news-story/97fe39eeff3224d0eb3857c7169ce8c2)
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### AIML (Australian Institute for Machine Learning) Programs
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- **Centre for Augmented Reasoning**: $20m federal funding.
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- **Industrial AI SME Grant Program**: Helps South Australian SMEs adopt AI, running until 2028.
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- **RAIR (Responsible AI Research Centre)**: $20m investment in ethical AI.
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- Partnerships with industry (e.g., **CommBank Centre for Foundational AI Research**, $6m).
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- Programs are **active**.
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➡️ [More information](https://www.adelaide.edu.au/aiml/our-key-initiatives/industrial-ai-program/program-3-industrial-ai-sme-grant-program?utm_source=chatgpt.com)
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➡️ [More information](https://www.adelaide.edu.au/aiml/our-key-initiatives/industrial-ai-program/program-3-industrial-ai-sme-grant-program)
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### NSW: Early Adopter Grant Program
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- Part of the AI in NSW Planning project.
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- In 2024, **16 councils received a collective $2.7 million+** to trial AI in planning systems, backed by a $5.6m commitment.
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- Program **active in 2024**, future rounds uncertain.
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➡️ [Source](https://www.nsw.gov.au/grants-and-funding/early-adopter-grant-program?utm_source=chatgpt.com)
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➡️ [Source](https://www.nsw.gov.au/grants-and-funding/early-adopter-grant-program)
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- Committed **$32m to Harrison.ai** and targeting **$550m by end of FY25**.
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- Expanding to **$1b in FY26** and **$3b by 2028**.
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- Program is **active**.
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➡️ [Read more](https://www.theaustralian.com.au/business/national-reconstruction-fund-on-track-for-550m-investment-goal/news-story/e896a5b025672ec394e8e68a09da7f33?utm_source=chatgpt.com)
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➡️ [Read more](https://www.theaustralian.com.au/business/national-reconstruction-fund-on-track-for-550m-investment-goal/news-story/e896a5b025672ec394e8e68a09da7f33)
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### AWS Generative AI Accelerator
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- Backed by **US$230m (~AU$346m)** investment.
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- Supports **80 early‑stage Australian startups**.
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- Offers **up to US$1m in AWS credits** plus 10 weeks of mentorship.
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- Program is **active** (global cohort includes Australian startups).
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➡️ [Details](https://www.theaustralian.com.au/business/technology/aussie-startups-called-as-awss-global-ai-accelerator-receives-346m-injection/news-story/0b1fcc7ee9da3e848f048faf6e50e38a?utm_source=chatgpt.com)
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➡️ [Details](https://www.theaustralian.com.au/business/technology/aussie-startups-called-as-awss-global-ai-accelerator-receives-346m-injection/news-story/0b1fcc7ee9da3e848f048faf6e50e38a)
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### Fearless Innovator Grant Program (South Australia)
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- $100,000 in grants for **female entrepreneurs**.
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- Finalists include AI‑powered startups such as Tutbob (education AI).
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- Program ran in **2024**, future rounds uncertain.
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➡️ [Announcement](https://www.adelaidenow.com.au/business/inaugural-fearless-innovator-grant-program-finalists-announced/news-story/724f3c785785393c96c57fad461fcaf9?utm_source=chatgpt.com)
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➡️ [Announcement](https://www.adelaidenow.com.au/business/inaugural-fearless-innovator-grant-program-finalists-announced/news-story/724f3c785785393c96c57fad461fcaf9)
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### H2 Ventures Accelerator (Sydney)
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- VC‑backed accelerator focusing on **fintech, data, and AI startups**, based at the Sydney Startup Hub.
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- Backed by a **$4m facility from Investec**, with a **$2m loan guarantee** from NSW Government.
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- Program is **active**.
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➡️ [More info](https://en.wikipedia.org/wiki/H2_Ventures?utm_source=chatgpt.com)
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➡️ [More info](https://en.wikipedia.org/wiki/H2_Ventures)
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### Innovation Collaboration Centre (ICC, Adelaide)
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- Incubator at UniSA, supporting startups with mentoring, space, and growth programs since 2015.
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- Program is **active**.
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➡️ [About ICC](https://icc.unisa.edu.au/?utm_source=chatgpt.com)
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➡️ [About ICC](https://icc.unisa.edu.au/)
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### Australian Cyber Collaboration Centre (Aus3C, Adelaide)
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- Not‑for‑profit based at Lot Fourteen, opened in 2020.
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- SA Government‑funded, supporting industry with cybersecurity training, standards, and collaboration.
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- Program is **active**.
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➡️ [Aus3C](https://www.cybercollaboration.org.au/a3c-launch1/?utm_source=chatgpt.com)
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➡️ [Aus3C](https://www.cybercollaboration.org.au/a3c-launch1/)
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