Discovery funding recognises the importance of fundamental, ‘blue sky’ research to Australia. It supports the national innovation system to build 'new' knowledge and a knowledge-based economy though: developing new ideas/knowledge creating jobs economic growth, and enhanced quality of life in Australia. The Discovery Program delivers benefit to Australia by building Australia's research capacity by supporting: excellent, internationally competitive research by individuals and teams research training and career opportunities for the best Australian and international researchers international collaboration, and research in priority areas. The Discovery schemes are: Discovery Projects Discovery Early Career Researcher Award Future Fellowships Australian Laureate Fellowships Discovery Indigenous The National Competitive Grants Program (NCGP) is currently undergoing a comprehensive review. As a result, existing programs and schemes are expected to evolve, with changes being progressively introduced to improve transparency, security, and alignment with national priorities. For information on the review, see: Update on the future of ARC funded research