Research and Development in SA taken to new level

February 6th, 2018

The Grain Research and Development (R&D) Corporation (GRDC) has announced a major contribution to the establishment of facilities at the South Australian R&D Institute’s (SARDI) new Clare Research Centre.

SARDI has received a $270,000 R&D Infrastructure Grant to build a controlled environment growth room at the new research centre. In addition to this grant PIRSA-SARDI has also contributed $30,000 to the controlled environment growth room project.

The following R&D grant is part of the $15 million funding which the GRDC Board has agreed to invest. It is hoped that by providing such funding the research capacity and capabilities in Australian grains R&D will be significantly boosted and an enduring profitability for grain growers will be created.

The state-of-the-art controlled environment growth rooms will be an important facility at the new research site and the SA Government’s support of this shows its commitment to grains R&D five-year $50 million strategic partnership with GRDC and PIRSA-SARDI.

Companies engaging in R&D are greatly supported and can be eligible to receive up to a 43.5% tax offset for eligible R&D expenditure. Swanson Reed R&D Tax Consultants help companies to claim this incentive and ensure that they receive the maximum amount they are eligible for. Contact one of our advisors today for an eligibility assessment, we look forward to speaking with you and guiding you through the process of receiving your company’s tax incentive.