Greg Combet

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New accelerator Slingshot to fling $10 million to start-ups

3:32AM | Friday, 15 March

Newly launched accelerator Slingshot plans to invest in around 100 start-ups over the next five years, investing as much as $100,000 in each start-up via a $10 million venture fund.

Another $350 million for innovation fund under Venture Australia

3:47AM | Friday, 15 March

Start-ups look set to benefit from a new $350 million round of equity funding through the federal government’s Innovation Investment Fund, announced as part of the Venture Australia package.

Australia up three spots in global innovation – but expert says we can do better

2:36AM | Wednesday, 6 February

A new report shows Australia has improved its global ranking in the innovation stakes, moving from 16th spot to 13th spot, although access to venture capital and public funding remains a problem for start-ups.

Combet warns the high Aussie dollar is "here to stay": Five ways to adapt

3:25AM | Monday, 11 March

Federal Industry Minister Greg Combet has warned manufacturers banking on a fall in the Australian dollar that they need to change their business models.

Start-ups still waiting for government response on VC review

3:08AM | Monday, 11 March

The federal government has delayed its response to a review into Australia’s venture capital industry, after previously indicating that it would outline its policy on the sector by the end of 2012.

Government lifts two-month freeze on clean tech programs

3:32AM | Tuesday, 12 March

The Federal Government has resumed its Clean Technology Investment Programs following a two-month freeze, but there are fears that the pause will have had a negative impact on prospective grant recipients.

Commercialisation Australia chief confirms new grants on hold

9:23AM | Wednesday, 12 September

The chief executive of the Federal Government's Commercialisation Australia scheme has confirmed no new grants are being written, as the government engages in a widespread halt on grants in a range of sectors.

Five key ways to reduce your business’ energy bills

7:36AM | Thursday, 12 July

While the recent high-profile slip-up by Brumby’s suggests that small businesses might use the carbon tax to hit consumers with price rises, early data suggests otherwise.

Green start-ups targeted by new $200 million innovation fund

7:53AM | Monday, 9 July

Green start-ups are becoming increasingly spoilt for choice with regard to funding programs, following the launch of the $200 million Clean Technology Innovation Program.

SME manufacturers win $8.1 million in grants to cut energy bills

6:40AM | Friday, 8 June

A group of SME manufacturers in the struggling food and wine sectors are among the recipients of $8.1 million in cash in the first grants from the Gillard government’s $1 billion Clean Technology Investment Programs.

Federal Government in $20 million bid to boost SME energy efficiency

5:04AM | Friday, 25 May

The Federal Government has awarded more than $20 million to 28 business and community groups in a bid to improve energy efficiency among small businesses.

Australia’s innovation performance dubbed “appalling”

5:29AM | Wednesday, 16 May

Australia’s innovation performance is “appalling” compared to other countries in the Organisation for Economic Cooperation and Development, according to a former chief scientist.

Federal Budget 2012: New $30 million manufacturing innovation centre unveiled

5:29AM | Tuesday, 8 May

A $29.8 million Manufacturing Technology Innovation Centre will bring together researchers and manufacturers in a bid to supercharge Australia’s embattled manufacturing industry, the government has announced.

Greg Combet outlines three key areas in need of Aussie innovation

2:19AM | Thursday, 23 February

The business sector must “lift its game” in contributing to the economic policy debate, according to Industry Minister Greg Combet, who has identified opportunities and challenges for business.

ICT start-ups dominate $10.4 million Commercialisation Australia round

3:17AM | Friday, 15 March

More than 25 businesses will share in $10.4 million in the latest round of Commercialisation Australia grants, with 11 of the winners coming from the information and communications technology sector.

Tourism firms facing fatal “triple whammy”, industry group claims

7:38AM | Tuesday, 26 July

The carbon tax, high Australian dollar and declining domestic tourism numbers will be a fatal combination for tourism operators, the Australian Tourism Export Council claims.

THE NEWS WRAP: Tony Abbott backs away from supporting plain cigarette packaging

5:42PM | Tuesday, 17 May

Federal opposition leader Tony Abbott has backed away from supporting plain cigarette packaging, saying that that the Government’s proposals could prove “counterproductive.”

Carbon tax price details delayed until ‘mid-year’

4:19AM | Thursday, 14 April

Small businesses groups will continue to negotiate with the government over the impact of the carbon tax after it was revealed that the pricing model won’t be finalised until mid-year.

Carbon tax to hurt cashflow, help investment

2:35AM | Friday, 25 February

There has been a mixed response to the Federal Government’s controversial carbon tax plan, which could see small businesses paying a fixed carbon price for five years from mid 2012.

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