Round two of Vic government Digital Futures Fund opens
The Victorian Coalition government has announced that the second round of funding in the $11 million Digital Futures Fund is now available to organisations in the state.
The Victorian Coalition government has announced that the second round of funding in the $11 million Digital Futures Fund is now available to organisations in the state.
Ten startups have been selected for the three-month Innovyz Start accelerator program, sponsored by ANZ Bank and Innovyz. Nine of the companies are from Australia.
SingTel and Optus announced a second round of funding for Australian startups under the companies’ Innov8 seed program.
The New South Wales government will spend $6.7 million over four years for Innovate NSW, an initiative meant to drive collaboration among small and medium enterprises, researchers, major corporations and end users.
Embedded networks company Intermoco (ASX:INT) has secured a $4.5 million long-term funding facility, and has hinted at using some of the funds to pursue possible acquisitions.
Security technology company, Mikoh (ASX:MIK), has received a $US800,000 ($751,000) funding injection from Kodiak Capital.
The Federal Government has committed $20 million to the Tasmanian ICT Centre, forming part of a $50 commitment that will ensure the centre’s survival for five years and introduce further research into broadband-based applications.
Mobile marketing and content company, Motopia (ASX:MOT), has secured a $15 million long-term funding facility with US-based Dutchess Capital.
The Victorian branch of the Australian Medical Association (AMA) has called for more than $18 million in funding over four years from the state government to roll out iPads and supporting infrastructure to doctors.
The Gillard Government has provided an additional $23.8 million in funding to the Australian Research Council for research into cyber safety.
The South Australian town of Victor Harbor is hoping to raise approximately $800,000 in funding to build its own fibre loop ahead of the National Broadband Network (NBN) to meet broadband requirements of emergency services and take advantage of additional backhaul recently installed to the town.
New Zealand submarine cable venture Pacific Fibre will be responsible for finding the full $US400 million funding for a proposed fibre link between Australia, New Zealand and the United States after a memorandum of understanding with Pacnet lapsed earlier this year.