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Legislative Assembly for the ACT: 2013 Week 4 Hansard (21 March) . . Page.. 1293..


Mr Barr: The answer to the member's question is as follows:

(1)

(i) 2010-11

a. The program activity did not commence until the 2012-13 year.

b. The program activity was not in operation.

(ii) 2011-12

a. As per the above in (i)(a).

b. As per above in (i)(b).

(iii) 2012-13 (to date)

a. The Key Company Program is an early working program title for more systematic outreach to the potential re-investment community, both inside the ACT and companies outside the ACT. It does not operate on the basis of leads generated by another organisation and referred to/received by the ACT Government.

b. Three (3) companies have been serviced through program outreach during the 2012-13 year.

(2)

a. As per the information provided to part one (1) of the question, the Key Company program approach is being shaped as outreach program delivered from within ACT Government. As such, it is not reliant upon leads generated by another organisation and referred to/received by ACT Government.

b. The Key Company program approach is not reliant upon leads generated by another organisation and referred to/received by ACT Government.

c. The three (3) companies serviced in the 2012-13 year to date are from the following sectors:

      •     Two (2) multi-sector diversified businesses that focus on scientific research and technology development.

      •     One (1) education sector business.

d. The Key Company program approach is not reliant upon leads as advised previously.

e. Actions taken are in the form of early dialogue with representatives regarding programs or services delivered by the ACT Government that can support possible new investment opportunities.

f. The program approach is not based on leveraging company introductions.

g. Successful facilitation outcomes will be communicated publicly as they occur but only with the agreement of the clients. The formal program has only been operating for a short period of time. The Government is not in a position to communicate outcomes at this point in time.

ACT Screen Investment Fund (Question No 70)

Mr Smyth asked the Minister for Economic Development, upon notice, on 28 February 2013:


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