Legislative Assembly for the ACT: 2013 Week 9 Hansard (8 August) . . Page.. 2798..
(c) Implementation of Growth, Diversification and Jobs: A Business Development Strategy for the ACT (2012-13 Budget).
(d) The initiative commenced in July 2012 and will conclude in June 2014.
(e) The initiative is supporting four Canberra-based research groups to assist in their development of leading-edge collaborative research projects. Successful applicants were required to demonstrate a strong collaborative and partnering commitment and have financial or in-kind support for their project as well as positive potential economic outcomes for the ACT. The Project Completion Reports, expected in January 2014, will provide a mechanism to evaluate the success of the pilot.
With reference to (1) (e) Business Programs - Entrepreneur Development Fund
(2) (a) Entrepreneur Development Fund (EDF).
(c) Business advice and support funding.
(d) Program continues until the funds expended.
(e) The EDF pilot is a $200,000 initiative that was established to support the delivery of highly specialised skills transfer into ACT businesses. The funding pool comprises $100,000 provided by the ACT Government and $50,000 each sourced from Epicorp and Lighthouse Business Innovation Centre.
The program has received 21 enquiries, which led to 15 applications being received and 12 applicants receiving funding. A review of the program, which has included surveys and face-to-face interviews with fund recipients, is being completed to assess the program outcomes.
With reference to (1) (e) Business Programs - Exporting Government Solutions Pilot Program
(2) (a) Exporting Government Solutions Pilot Program.
(c) Trade Connect budget.
(d) Year commenced and concluded: 2011-12.
(e) The program supported nine ACT businesses with demonstrated capability of delivering innovative solutions in the Australian public sector to develop capability and capacity to export into the US public sector market.
The program delivered a schedule of immersive learning and development activities to help participating companies develop market readiness to sell to the US public sector. The companies participated in a trade mission led by the Minister for Economic Development to Washington DC in November 2011. Two companies have made connections through the program. Five companies have now established a presence in the market to continue to progress opportunities.