New Grant Program to Assist Victorian Biotechnology
Source: Victoria. Minister for Innovation. Media Release
"A new $500,000 Brumby Labor Government pilot program will help Victoria’s small-to-medium-sized biotechnology companies compete in global markets, Innovation Minister Gavin Jennings announced today. Mr Jennings said the Biotechnology International Partnering Program (BIPP) would provide grant assistance for eligible Victorian companies to attend recognised overseas biotechnology conferences and trade events. “The Brumby Labor Government is taking action to ensure Victoria remains at the forefront of the Australian biotech industry by supporting the growth and global potential of our biotechnology companies,” Mr Jennings said. Under the BIPP Victorian companies will be able to participate in international events such as trade fairs and conferences which may have been out of their reach previously. It will also allow them to the select events that best suit their needs."