Document ID: chunk:federal_register_of_legislation:F2019L00628:reg:5
Version: federal_register_of_legislation:F2019L00628
Segment Type: reg
Provision Reference: reg 5
Character Range: 1737–2685

5  Prescribed program
 (1) For the purposes of subsection 33(1) of the Act, the program is prescribed.
 (2) The program provides funding to foster, improve and promote international collaboration and whole‑of‑government global engagement on entrepreneurship, innovation, science and research.
 (3) The purpose of the program is:
 (a) to help Australians take their ideas to the world, particularly through building strong research and business connections internationally; and
 (b) to encourage other countries to partner with Australia; and
 (c) to help to build relationships at a government‑to‑government level, attracting strong interest in, and the ability to leverage, co‑investment in Australian business and research by foreign governments and organisations; and
 (d) to assist Australian business, entrepreneurs and researchers to capitalise on opportunities to develop and commercialise innovative products and services internationally.