Research and Development
Business management software provider Pronto Software has invested $1.3 million into Melbourne cybersecurity startup Forticode, and signed on to partner with the startup on the further development of its smartphone authentication system.
The CSIRO has announced an expansion of its long-running partnership with Boeing that will see the two organisations perform joint research and development in space technologies.
After 18 months in New York, logistics software startup GetSwift is heading back home to open its global HQ in Melbourne ahead of an ASX listing next month.
The Regional Collaborations Programme looks to encourage research organisations, universities, and ‘R&D intensive businesses’ to collaborate on new products with partners in the Asia Pacific.
A review of the R&D Tax Incentive has recommended the Government cap the R&D cash refund available to startups and small to medium enterprises at $2 million annually, while doubling the expenditure claim threshold of large corporates to $200 million.