Mitch Fifield (Victoria, Liberal Party, Minister for Communications) Share this | Hansard source

The purpose of the innovation fund is to assist eligible organisations to make changes to their business processes to ensure they're in a better position to compete in the changing environment. Examples might include commissioning feasibility studies or planning work; commissioning IT builds or installations; acquiring intellectual property or installing new technology, plans and equipment; acquiring assets that are directly and solely employed to achieve the project outcomes, which might take the form of acquisition or lease costs; training staff that directly support the achievement of project outcomes; and defraying the costs of financial auditing of project expenditure. They're some of the things that are eligible.