$64M FOR FUND MANAGERS TO HELP START-UPS GROW
Source: Australia. Minister for Innovation, Industry, Science and Research. Media release
"Eleven fund managers will distribute a total of $64 million in government funding to assist 35 early stage companies to continue developing and commercialising their innovative technologies.
Senator Kim Carr, Minister for Innovation, Industry, Science and Research, today announced that the fund managers had signed funding agreements under the Australian Government’s Innovation Investment Follow-on Fund (IIFF) program."