Australian government kicks off AU$23m incubator support program

  |   Written By by Titan Vine ON

[1] The Australian government has initiated its AU$23 million incubator support program utilized for funding new incubators.

[2] Australia’s Minister for Industry, Innovation and Science Greg Hunt anticipates business incubators will promote innovation in Australia’s urban areas, as well as regional and rural Australia and in university precincts.

[3] Additionally, incubators can benefit from matching grants of up to AU$25,000 to attract both Australian and overseas experts.

[Source] Australian Information Technology News – Australian government kicks off AU$23m incubator support program