The Australian Parliament has passed the Corporations Amendment (Crowd-sourced Funding) Bill 2016, paving the way for eligible Australian businesses and start-ups to access crowd-sourced equity investment.
The Government has announced its long term vision and strategic policy framework for Australian Science. The new Science Statement complements the work of Innovation and Science Australia which is developing a long-term 2030 Strategic Plan for Innovation, Science and Research.
The Australian Government will invest $4 million over the next four years to help Australian school students put their science, technology, engineering and maths (STEM) learning into action through Maker Projects.
Twenty small and medium businesses will share in more than $1.8 million in initial funding to develop solutions to public sector challenges under the Business Research and Innovation Initiative (BRII).
To make its data easier to access, the Australian Government operates the website www.data.gov.au. This collates information collected by government agencies so businesses can use the data to develop new products and create new jobs.
The Digital Transformation Agency today expanded its Digital Marketplace—a National Innovation and Science Agenda initiative—allowing new sellers to join and offering a greater range of digital services to government buyers.
The Minister for Education and Training, Senator the Hon Simon Birmingham, has announced the first successful round of applicants for funding under the new Linkage Projects scheme, a key initiative of the National Innovation and Science Agenda.
Eight additional facilitators have joined a national network of Innovation Facilitators to help Australian businesses access knowledge, engage with researchers and foster innovation to grow their businesses.