Seven startups gain repayable government grants totalling $3.15 million

Wed, 03 Jun 2015

By Fiona Rotherham June 4 (BusinessDesk) - Seven repayable government grants have been awarded to startups through the new technology business incubators, seven months on from the scheme’s launch. The total allocated since October last year is $3.15 million from the $31.3 million in new funding over four years set aside in the 2013 budget for grants made through the three technology incubators funded by Callaghan Innovation. Modelled on an Israeli incubator system, the privately-owned technology incubators commercialise complex intelle...

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