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Govt pledges $83M to save tech innovators
THE Rudd government will inject up to $83 million into the local venture capital pipeline as a stop gap measure to try and prevent promising tech companies going under due to the global financial crisis. The Innovation Investment Follow On fund is aimed at supporting companies developing technology...
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- News Source: Epoch Times | 8 months agoAustralia's biotech sector is pushing for a $600 million rescue package needed, it says, to ensure its 1,200 companies survive the global economic slow-down. Industry group AusBiotech says a quarter of the companies, which include fledgling...
- News Source: Labor Herald | 8 months agoThey are doing ground-breaking work in cutting edge areas like clean energy, biotechnology and ICT. If we lose these innovative companies we will never get them back. The companies that could benefit from this fund employ at least 1000 people in high-...
- News Source: The Australian | 8 months agoTHE Rudd government will inject up to $83 million into the local venture capital pipeline as a stop gap measure to try and prevent promising tech companies going under due to the global financial crisis. The Innovation Investment Follow On fund is...
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