CTHIn ForceLegislation
Commercial Ready Program Directions No. 1 of 2007
Criterion 4: Extent to which the projectCriterion 4: Extent to which the project is likely to provide National Benefits
Start here
Get a plain-English read of Criterion 4: Extent to which the project
Turn the raw legal text into a practical explanation grounded in Commercial Ready Program Directions No. 1 of 2007.
Criterion 4: Extent to which the project is likely to provide National Benefits
Merit may be indicated by the company through:
- how the project will improve national productivity and contribute to economic growth;
- how the project will result in social, community and/or environmental benefits; and
- that significant spill-over benefits will accrue to Australia through conduct of the project and/or commercialisation of its results, including:
- diffusion of knowledge and skills;
- diffusion of new products, processes or services; and/or
- increased collaboration between businesses and/or businesses and research institutions.