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Calls to revamp Business Innovation and Investment Program

An investment management company is urging the federal government to conduct a review of the Business Innovation and Investment Program prior to 1 July, noting that a revamp could have a “dramatic impact” on the future of Australian start-ups.

Calls to revamp Business Innovation and Investment Program
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Calls to revamp Business Innovation and Investment Program

Atlas Advisors Australia has issued a statement surrounding changes to the Complying Investment Framework (CIF) for the Business Innovation and Investment Program (BIIP) ahead of the 1 July crossover where the BIIP will be simplified from nine to four streams, prompting changes to eligibility requirements.

Read more at MyBusiness

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