Government of Australia

The Government of Australia acts as a strategic investor in the national economy by providing grants through various departments and agencies to foster innovation, research, and commercialization. Key bodies include the Department of Industry, Science and Resources (DISR) and the Australian Renewable Energy Agency (ARENA). These entities manage numerous programs such as the Modern Manufacturing Initiative, the Industry Growth Program, and the Critical Technologies Challenge Program, which provide non-dilutive funding to support startups and established companies in strategic sectors like quantum technology, renewable energy, and advanced manufacturing.