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      <image:title>Blog Database - 2023-24 R&amp;amp;D Transparency Report</image:title>
      <image:caption>Figure 1: Total R&amp;D Expenditure from FY22-FY24, per the ATO Transparency Reports, for each entity population. Note that this does not account for amendments made in later financial years and only represents the numbers at the time of first reporting. Non-for-profits have been excluded due to minimal data.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/7f0aa54e-7ceb-410f-a91a-9c25dd540f56/Image+2+v2.png</image:loc>
      <image:title>Blog Database - 2023-24 R&amp;amp;D Transparency Report</image:title>
      <image:caption>Figure 2: Total R&amp;D Expenditure from FY22-FY24, per the ATO Transparency Reports, for the top 5 R&amp;D Industries. Note that this does not account for amendments made in later financial years and only represents the numbers at the time of first reporting.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/243f04a7-e578-46f2-b63f-833a8501aa7d/Image+3+v2.png</image:loc>
      <image:title>Blog Database - 2023-24 R&amp;amp;D Transparency Report</image:title>
      <image:caption>Figure 3: Comparing Innovation Input and Output trends against the R&amp;DTI Expenditure. Note the reversed direction of the secondary axis. The lower the Innovation Input/Output value, the better.</image:caption>
    </image:image>
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    <lastmod>2026-07-07</lastmod>
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    <loc>https://www.intellectlabs.com.au/blogdatabase/igp-march-2026-funding-update</loc>
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    <lastmod>2026-03-26</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/87ea8ed4-5cfc-4bba-8fd7-7060ab3dcccd/Picture+1.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Make it stand out</image:title>
      <image:caption>Figure 1a: Grant funding pool spent before MYEFO cuts announced.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/6acfee27-7d7f-4a34-bcf3-86a232a6f560/Picture+2.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Make it stand out</image:title>
      <image:caption>Figure 1b: Grant funding pool spent after MYEFO cuts announced.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/fee83beb-c3f4-4bf0-9207-bb38db9b07af/Picture+3.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Make it stand out</image:title>
      <image:caption>Figure 2: IGP grants awarded by stream.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/cd705cd9-0d9c-499a-b7a0-190cbcff3f96/Screenshot+2026-03-26+at+5.15.20%E2%80%AFpm.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Make it stand out</image:title>
      <image:caption>Figure 3. Timeline and content of IGP announcements. Note that 100% of the $287.4M initial funding pool allocation is projected to be exhausted by 3 July 2026. Projection figure is based on linear regression fit of 18Mar25 to 16Feb26 data points (calculated excluding sudden MYEFO drop in red).</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/f3e97af4-e7e8-45e6-a7cc-9978777ab3e6/Picture+2.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Key statistics</image:title>
      <image:caption>32 grants awarded. Min: $59,500 Max: $250,000 Mean: $210,675 Median: $249,610</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/8ef507d5-f269-4dda-9f61-5b0a3b6cfd0d/Picture+1.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Key Statistics</image:title>
      <image:caption>Figure 4: Early-Stage Commercialisation grants by size. The majority of grants in this stream are between $200,001 and $250k.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/fb32b0f5-d583-4189-8bb4-a9c9680928f8/Picture+3.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Make it stand out</image:title>
      <image:caption>Figure 6: Early-stage commercialisation grants by their NRF Priority Area* highlights Agriculture, Forestry, and Fisheries and Renewable energy sectors as the most-awarded projects.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/3bc208da-de77-406b-bac8-93a5285f8819/Picture+4.png</image:loc>
      <image:title>Blog Database - IGP March 2026 Funding Update - Make it stand out</image:title>
      <image:caption>Figure 7: Commercialisation and Growth grants by their NRF Priority Area* highlights Enabling Capabilities (including manufacturing, robotics, and communications) and Medical Science sectors as the most-awarded projects.</image:caption>
    </image:image>
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    <lastmod>2026-03-13</lastmod>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/906ea12c-e3c1-4618-b83d-29eb7e49b68a/Picture+d-2.jpg</image:loc>
      <image:title>Blog Database - Tracking the Industry Growth Program Outcomes. - Make it stand out</image:title>
      <image:caption>Figure 1</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/79925da1-aad2-45a0-90cb-b75af98267c4/Picture+s-2.jpg</image:loc>
      <image:title>Blog Database - Tracking the Industry Growth Program Outcomes. - Make it stand out</image:title>
      <image:caption>Figure 2</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/f1dd64e8-2fab-4b3a-acba-02ace39e7e2a/Picture+g.png</image:loc>
      <image:title>Blog Database - Tracking the Industry Growth Program Outcomes. - Make it stand out</image:title>
      <image:caption>Figure 3. Projected figure for 30 Jun 2026 based on linear regression fit of the preceding 3 data points.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/45586a74-b85a-4f3d-9330-af9400e48350/ddd.png</image:loc>
      <image:title>Blog Database - Tracking the Industry Growth Program Outcomes. - Make it stand out</image:title>
      <image:caption>Figure 4</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/81e16762-7c9b-4921-b8dd-9ff3e41152c8/ffff.png</image:loc>
      <image:title>Blog Database - Tracking the Industry Growth Program Outcomes. - Make it stand out</image:title>
      <image:caption>Figure 5</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/8ecbc3b0-e544-4cc1-9c6f-ab4e6e168ca3/ffg.png</image:loc>
      <image:title>Blog Database - Tracking the Industry Growth Program Outcomes. - Make it stand out</image:title>
      <image:caption>Figure 6</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/f42b82db-8228-4233-85f6-ed69fabe24d6/erewg.png</image:loc>
      <image:title>Blog Database - Tracking the Industry Growth Program Outcomes. - Make it stand out</image:title>
      <image:caption>Figure 7</image:caption>
    </image:image>
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    <lastmod>2025-11-19</lastmod>
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    <lastmod>2025-11-18</lastmod>
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    <lastmod>2025-09-23</lastmod>
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      <image:title>Blog Database - Measuring Australia’s Manufacturing Innovation - Make it stand out</image:title>
      <image:caption>Figure 1: BERD, by top ten industries. Data from ABS. [2]</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/659bbec2-c4f5-4c9d-863a-ad1b03b9fb27/Figure+2+-+BERD+by+top+six+socio-economic+objectives.png</image:loc>
      <image:title>Blog Database - Measuring Australia’s Manufacturing Innovation - Make it stand out</image:title>
      <image:caption>Figure 2: BERD, by Top Six Socio-Economic Objective. Data from ABS [2]</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/6480641c3e9ac37446f7d855/63442e7e-bfca-43e5-894f-ad6e33d9ad64/Figure+3+-Innovation-Active+Businesses+by+Industry.png</image:loc>
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      <image:caption>Figure 3: Innovation-Active Businesses by Industry, Two Years Ended 30 June 2023. Data from ABS [3]</image:caption>
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      <image:caption>Figure 5: Top R&amp;DTI Industries by Number of Claimants in FY22. Data from ATO [7]</image:caption>
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      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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