Government grant funding for filing of international patent and trademark applications
If you file international patents and/or trademarks, there may be are government funding options available.
Export Market Development Grant (EMDG)
Firstly, the Export Market Development Grant (EMDG) is a long-established government program that provides a grant of up to $150k per claim over 8 claims ($1.2M in grant funding in total) to eligible businesses that currently exporting or seeking to export.
The costs of filing international patents and trademarks can be claimed under this program up to a maximum of $50k per claim, providing up to $200k cashback over 8 claims.
Research and Development (R&D) Tax Incentive
Secondly, the Research and Development (R&D) Tax Incentive is an entitlement-based offset for firms carrying on eligible R&D activities.
It provides up to 43.5% cashback on expenditure incurred on R&D activities.