Australian Government, 2009‑10 Budget
Budget

Part 3: Capital Measures

Innovation, Industry, Science and Research

Innovation Investment Follow-on Fund

Capital ($m)
2008‑09 2009‑10 2010‑11 2011‑12 2012‑13
Department of Innovation, Industry, Science and Research - - - - -

The Government will provide up to $83.0 million from the Innovation Investment Fund Revolving Fund to provide a targeted temporary response to the reduced access to venture capital currently being experienced by early stage innovative Australian companies as a result of the global financial crisis.

Provision for this funding has already been included in the forward estimates.

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