Page 1294 - Week 04 - Thursday, 21 March 2013
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(1) When did the ACT Screen Investment Fund commence.
(2) What funds were provided for this initiative and over how many financial years.
(3) What is the funding source for this initiative and relevant Budget Paper reference.
(4) Can the Minister list all co-investments committed under this fund, including information on (a) date of investment, (b) company name, (c) origin of company (ACT, interstate, overseas), (d) purpose of investment, (e) value of investment, (f) return on investment or expected return on investment and (g) present status of screen project since receiving funding.
(5) What is the present value of uncommitted funds for this fund.
Mr Barr: The answer to the member’s question is as follows:
(1) The Fund commenced in 2010-11. It was launched on 30 November 2010.
(2) $400,000 in 2010-11, $600,000 in 2011-12 and $800,000 in 2012-13.
(3) Capital Expenditure, 2010-11 Budget Paper No 3, p71,72.
(4) See attachment.
(5) $1,075,000 (there are a further six projects with an investment value of $675,000 currently at contract negotiation stage).
(A copy of the attachment is available at the Chamber Support Office).
Australian National University Connect Ventures—funding
(Question No 71)
Mr Smyth asked the Minister for Economic Development, upon notice, on 28 February 2013:
(1) When was ACT Government funding provided to the Australian National University (ANU) to fund ANU Connect Ventures.
(2) What was the value of that funding provision.
(3) Can the Minister list all investments from ACT Government funding since the commencement of ANU Connect Ventures, including information on (a) date of investment, (b) company name, (c) origin of company (ACT, interstate, overseas), (d) industry sector, (e) purpose of investment, (f) value of investment, (g) return on investment or expected return on investment and (h) present status of business since receiving funding.
(4) What is the present value of uncommitted funds for this initiative.
Mr Barr: The answer to the member’s question is as follows:
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