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Aus Govt. Pledges $83 Million To Start-ups

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The Australian Government has today announced an $83 million extension to its Innovation Investment Follow-on Fund (IIFF). The Department for Innovation, Industry, Science and Research will manage to finance the fund by reinvesting money it received when firms it supported were floated or sold. When asked if the funding would be available for new start-ups, [...]

Aus Govt. Pledges $83 Million To Start-ups

Posted by Ben Grubb on Wednesday, March 18, 2009 at 4:40 pm 
Filed under Blog, News · Tagged with , , , , , ,

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One Response to “Aus Govt. Pledges $83 Million To Start-ups”
  1. Dan says:
    March 20, 2009 at 8:28 am

    So not “new” start-ups…we have a COMET grant, I wonder if that classifies us as existing despite the fact that we are still in dev mode, only soft launched and havent generated significant revenue yet?

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